NOT LISTED FOR SALE

1345 Hanging Rock Ln NW Amana, IA 52203

Estimated Value: $326,000 - $730,002

3 Beds
2 Baths
2,374 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $151,000 $64 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $3,537/month

28 Days on Market

Highlights

  • Barn
  • 12.2 Acre Lot
  • Wooded Lot
  • Prairie Ridge Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of September 2016

Very rare Johnson County find. Spectacular private setting on 12.2 acres of land overlooking field with tons of trees. Deer, turkey, pheasants, wildlife galore! Once home to a Greyhound breeding and raising business, this property has buildings which could be utilized for animals, workshops, or another business or hobby with some updates and repairs. Pasture area is fenced and was once used for livestock. Several fenced dog runs. Older two story home in need of much repair being sold as-is.

Last Agent to Sell the Property

Jackie Phillips

Iowa Elite Marketing Group Listed on: 08/03/2016

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,406

Year Built

  • Built in 1904

Lot Details

  • 12.2 Acre Lot
  • Fenced Yard
  • Sloped Lot
  • Wooded Lot

Interior Spaces

  • 2,374 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room
  • Combination Kitchen and Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Schools

  • College Comm Elementary And Middle School
  • College Comm High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Internet Available

Additional Features

  • Property is near a bus stop
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 0420476002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,406

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2374
  • Homebuilder: Unknown
  • Owner Name L F Mi: Lockhart
  • Ownership Type: Acreage
  • Photo Code: Complete
  • Remarks: This property would be the perfect setting to build your dream home. Beautiful view with private lane and setting. Fantastic location for a drive to Cedar Rapids or Iowa City. So much potential and one of a kind acreage. Very little value given to the home as it is in poor condition and may just need to be torn down. Newer hot water heater and softener. Furnace does not work.
  • T Val: 151000
  • Year Built: 1904
  • Tax Year Report: 2014
  • Directions: Hwy 151 to Main Amana. East on 220th Trail and continue as it becomes Amana Rd. South on Hanging Rock Ln. Private Ln.
  • L O1 Dues Paid: y
  • Amenities: On Bus Line
  • Basement Remarks: Partial
  • Fireplace Type Location: In Great/Family Room, Masonry, Wood Burning
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: 5+ Acres, Sloping, Wooded
  • Possession R: Immediate, At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Very rare Johnson County find. Spectacular private setting on 12.2 acres of land overlooking field with tons of trees. Deer, turkey, pheasants, wildlife galore! Once home to a Greyhound breeding and raising business, this property has buildings which could be utilized for animals, workshops, or another business or hobby with some updates and repairs. Pasture area is fenced and was once used for livestock. Several fenced dog runs. Older two story home in need of much repair being sold as-is.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Number Bedrooms Upper: 2
  • Number Bedrooms Main: 1
  • Sq Ft Above: 2374
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • ExteriorFeatures: Barn, Deck, Fenced Yard, Outbuildings, Porch

Utilities

  • Internet: Yes
  • Water Sewer: Private Septic, Water Softener (Owned)
  • Heating Cooling: Propane, None

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm
  • High School: College Comm
  • Jr Middle School: College Comm
  • Elementary School: College Comm

Lot Info

  • Acreage: 12.2
  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3004
  • Assessor Parcel Number: 0420476002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Sep 27, 2016
Sold by
Estate Of William L Lockhart
Bought by
Lawrence Brian and Lawrence Debbie
Seller's Agent
Jackie Phillips
Iowa Elite Marketing Group
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$135,000
Sold Price
$151,000
Premium/Discount to List
$16,000
11.85%
Current Estimated Value
$537,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,001
Avg. Annual Appreciation
14.95%
Source: Public Records

Range of Values:

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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
Lawrence Brian $151,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Deborah A $297,000
Closed Lawrence Deborah A $310,000
Closed Lawrence Deborah A $646,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $151,000 +11.9% $64 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $135,000 -- $57 / Sq Ft
Source: Iowa City 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 $7,406 $557,400 $167,700 $389,700
2023 $7,662 $557,400 $167,700 $389,700
2022 $7,576 $492,900 $162,700 $330,200
2021 $7,148 $492,900 $162,700 $330,200
2020 $7,148 $444,100 $162,700 $281,400
2019 $2,590 $460,300 $162,700 $297,600
2018 $2,534 $155,600 $107,700 $47,900
2017 $3,288 $155,600 $107,700 $47,900
2016 $3,106 $203,600 $107,700 $95,900
2015 $3,106 $203,600 $107,700 $95,900
2014 $3,004 $197,300 $107,700 $89,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20164558

Iowa City Area Association of REALTORS®

APN: 0420476002