NOT LISTED FOR SALE

127 Leamer Ct Iowa City, IA 52246

Estimated Value: $824,593 - $988,000

4 Beds
3 Baths
3,675 Sq Ft
$310/mo HOA Fee

Last Sold August 14, 2020

Last sale price $790,000 $215 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,297/month

7 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Formal Dining Room
  • West High School Rated A
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of August 2020

Step into this maintenance-free, GORGEOUS & BRIGHT ranch condo! Pristine hickory floors lead you to the wide open main level floor plan. The jaw dropping kitchen with walk-in pantry, top of the line appliances & HUGE island overlooks the dining & living room w/floor to ceiling tiled fireplace! Retreat to the spacious master with gorgeous attached bath featuring heated floors, walk-in tiled shower & huge closet with access to the laundry. Designated office, bedroom, bath, sun room & deck also on main! Walkout lower level w/rec or theater room with fridge, microwave & dishwasher plus family room! 2 more bedrooms, full bath and spacious storage room! Entertain on the extra long patio & look out for deer strolling in your backyard! This home has all of the updates and amenities you could think of. Upgraded & blended appliances, back-lit mirrors in all bathrooms & MORE! Prime location near Kinnick, the University and downtown!

Last Agent to Sell the Property

Timothy Lehman

Edge Realty Group, Inc Listed on: 06/24/2020

Edge Realty Group, Inc

Co-Listed By

Stacy Schroeder

Edge Realty Group, Inc

Edge Realty Group, Inc

Last Buyer's Agent

Stacy Schroeder

Edge Realty Group, Inc

Edge Realty Group, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,801

Year Built

  • 2017

Lot Details

  • 0.26

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Geothermal Heating and Cooling
  • Gas Water Heater

Community Details

Overview

  • Built by Hendrickson

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,801

Year Built

2017

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 2249
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 4
  • City Name: Iowa City
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 14801
  • List User Cell Phone: 319-331-7900
  • Low Lvl Fin Sq Ft: 1426
  • Miscellaneous: Deck, Patio, Vaulted Ceiling
  • Net Tax: 14801
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98750
  • Ratio Close Price By Original Li: 0.98750
  • Ratio Current Price By Sq Ft: 351.27
  • Total Sq Ft: 3675
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Family Room, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Walk Out

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Geothermal

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association Fee: 310
  • Association: Yes

Schools

  • Elementary School: Horn
  • Middle School: Northwest
  • High School: West

Building Info

  • Builder Name: Hendrickson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 14, 2020
Sold by
Long Thomas J and Long Christine P
Bought by
Ternes Timothy N and Ternes Katherine K
Seller's Agent
Timothy Lehman
Edge Realty Group, Inc
Buyer's Agent
Stacy Schroeder
Edge Realty Group, Inc
List Price
$800,000
Sold Price
$790,000
Premium/Discount to List
-$10,000
-1.25%
Current Estimated Value
$914,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,148
Avg. Annual Appreciation
2.89%
Original Mortgage
$300,000
Outstanding Balance
$224,761
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$688,309

Purchase Details

Listed on
Dec 19, 2016
Closed on
Sep 29, 2017
Sold by
Hendrickson Enterprises Inc
Bought by
Long Thomas J and Long Christine P
Seller's Agent
Timothy Lehman
Edge Realty Group
Buyer's Agent
Karen Peterson
Urban Acres Real Estate
List Price
$660,000
Sold Price
$738,017
Premium/Discount to List
$78,017
11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ternes Timothy N $790,000 None Available
Long Thomas J $738,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ternes Timothy N $300,000
Previous Owner Long Thomas J $411,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $790,000 -1.3% $215 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $800,000 +8.4% $218 / Sq Ft
09/29/2017 09/29/17 Sold $738,017 +11.8% $201 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $660,000 -- $180 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,390 $722,310 $81,190 $641,120
2023 $15,008 $722,310 $81,190 $641,120
2022 $14,338 $701,290 $76,920 $624,370
2021 $14,492 $701,290 $76,920 $624,370
2020 $14,492 $678,800 $72,640 $606,160
2019 $14,614 $701,400 $72,640 $628,760
2018 $14,614 $696,280 $68,370 $627,910
2017 $1,040 $47,860 $47,860 $0
2016 $902 $41,880 $41,880 $0
2015 $902 $41,880 $41,880 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004618

Cedar Rapids Area Association of REALTORS®

APN: 1016214015