Great location - walking distance to UIHC and just a few houses away from WillowCreek Park! Near Fareway, walking distance to Horn and West Schools and on bus route for Northwest. Huge new play structure in wooded, fenced back yard.
Open Floor plan – great room with cathedral ceiling, family room with wood burning fireplace and built in bookcase off kitchen.Kitchen has newer stainless steel apliances and breakfast bar. Large private master retreat with his and her closets, cathedral ceiling and large picture window. Bath in master suite with window, skylight, and whirlpool tub. 3/4 bath between the two other bedrooms.
Main level laundry room with Maytag fron loader washer and dryer. Main level half bath.
Large playroom in basement.
Deck off family room overlooking fenced yard with mature trees and large new cedar play structure.
Lot size 90X125 x68 x125
Above ground square footage 1998
Below ground sqaure footage 550
Total finished sq ft 2548
Appliances
18 month old Maytag front loader washer and dryer
Stainless steel fridge is 18 months old
Whirlpool stainless steel dishwasher
GE stainless steel convection oven
New stainless steel hood and backsplash in kitchen
Reverse osmosis machine installed by sink
Improvements made to the house:
Outside
New energy efficient front door, back door and screen door
New insulation/siding/ trim/gutters/rain barrels/
New attic vent
New cement work around the foundation of the garage
Landscaping (leveling and redistribution of soil to accommodate large cedar play structure)
in back yard,
Roto tilled sunny garden area
Fence and deck professionally washed
Steps on deck replaced
Many of the boards on the deck replaced
Deck stained
New external light fixtures, new solar lights along front pathway
Inside
New paint in downstairs, hall, landing, bedrooms
Almost all the internal light fixtures are new - new ceiling fan in familyroom
New faucets (and some replacement plumbing) in master bath, downstairs
bath,kitchen,and
lower levelbathroom
Window put in the laundry room
New kitchen linoleum
Direct TV dish and wiring installed
New garage door opener
Drains professionally cleaned
Carpets professionally cleaned
Radon mitigation system
Pricing
A house100 yards away,about the same above ground square footage, sold last year for $245,000.
According to Trulia.com, the average list price for similar homes for sale is $273,807 and the average sales price for similar recently sold homes is $269,917.
http://www.trulia.com/homes/Iowa/Iowa_City/sold/75424-808-Spencer-Dr-Iowa-City-IA-52246
We are asking $228,00 which just covers the cost of the house and the improvements we have made over the last 15 months.
Snap up this bargain and get a tax break!
TAX BREAK
The Worker, Homeownership, and Business Assistance Act of 2009 extends the deadline for qualifying home purchases from Nov. 30, 2009, to April 30, 2010. Additionally, if a buyer enters into a binding contract by April 30, 2010, the buyer has until June 30, 2010, to settle on the purchase.
The maximum credit amount remains at $8,000 for a first-time homebuyer –– that is, a buyer who has not owned a primary residence during the three years up to the date of purchase.
But the new law also provides a “long-time resident” credit of up to $6,500 to others who do not qualify as “first-time homebuyers.” To qualify this way, a buyer must have owned and used the same home as a principal or primary residence for at least five consecutive years of the eight-year period ending on the date of purchase of a new home as a primary residence
http://www.irs.gov/newsroom/article/0,,id=215791,00.html
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