NOT LISTED FOR SALE

1368 Tamarack Trail Iowa City, IA 52245

Estimated Value: $849,000 - $982,000

4 Beds
3.5 Baths
3,476 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $799,900 $230 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,992/month

124 Days on Market

Highlights

  • New Construction
  • Great Room with Fireplace
  • Patio
  • City High School Rated A-
  • Breakfast Bar
  • Laundry Room

About This Home

As of June 2022

The 2022 Prairie-Style Modern by Gary Frakes Construction has modern comfort in a two-story design. Featuring 4 bedrooms and 3.5 baths, this home has tall windows and a large Great Room. Natural elements from light grey LVP flooring, custom built shelving in all closets, and stone details complement an iconic era. Foyer entry, mudroom, laundry, and built-ins. Open kitchen/dining. Organic details from stone exterior and fireplace with a large patio. Large primary suite has separate soaking tub & tiled shower, walk-in closet. The lower level has a family area, wet bar, bath and workout room. 3-car garage. Featured in the 2022 Parade of Homes, earliest possession is June 13th, 2022. Lot 44.

Last Agent to Sell the Property

Adam Pretorius

Lepic-Kroeger, REALTORS Listed on: 01/05/2022

Lepic-Kroeger, REALTORS

Co-Listed By

Rich Hatch

Lepic-Kroeger, REALTORS License #S60692000

Last Buyer's Agent

Lynn Weinstein

Blank & McCune Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,520

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70 x 150
  • Level Lot
  • Property is zoned RS5

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Elevator
  • Bookcases
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Lemme Elementary School
  • Southeast Middle School

Utilities

  • Heating System Uses Gas
  • Internet Available

Additional Features

  • Energy-Efficient Appliances
  • Patio

Community Details

  • Built by Gary Frakes Constr. Inc.
  • Tamarack Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1001302010

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,520

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3476
  • Homebuilder: Gary Frakes Constr. Inc.
  • Owner Name L F Mi: Gary Frakes Construction Inc.
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Floor plans attached. Real estate commission paid on the net value or original list price, which ever is lower (list price minus concessions or without upgrades). Please verify school attendance with ICCSD: 319-688-1000.
  • Year Built: 2021
  • Tax Year Report: 2020
  • Subdivision: Tamarack Ridge
  • Directions: Scott Boulevard to Tamarack Trail, house is on the left.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc.
  • Basement Remarks: Full
  • Fireplace Type Location: In Great/Family Room, In Living Room, In LL, Gas
  • Interior R: Bookcases, Ceiling-9+ ft, Foyer-Entrance
  • Kitchen Breakfast R: Breakfast Bar, Island, Pantry, Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Level
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: The 2022 Prairie-Style Modern by Gary Frakes Construction has modern comfort in a two-story design. Featuring 4 bedrooms and 3.5 baths, this home has tall windows and a large Great Room. Natural elements from light grey LVP flooring, custom built shelving in all closets, and stone details complement an iconic era. Foyer entry, mudroom, laundry, and built-ins. Open kitchen/dining. Organic details from stone exterior and fireplace with a large patio. Large primary suite has separate soaking tub & tiled shower, walk-in closet. The lower level has a family area, wet bar, bath and workout room. 3-car garage. Featured in the 2022 Parade of Homes, earliest possession is June 13th, 2022. Lot 44.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Energy Efficient, Dishwasher, Microwave, Range/Oven, Refrigerator
  • Elevators: Yes
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 2485
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 991
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Upper
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • New Construction: Yes
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Electric, Gas

Condo/Co-op/Association

  • Fees Include: Other

Schools

  • Elementary School: Lemme
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Lemme

Lot Info

  • Acreage: 0.24
  • Lot Dimensions: 70 x 150
  • Zoning: RS5

Tax Info

  • Gross Tax County City: 9.31
  • Assessor Parcel Number: 1001302010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Jun 15, 2022
Sold by
Gary Frakes Construction Inc
Bought by
Neto Osorio Lopes Abath and Vale Ticiana Saunders
Seller's Agent
Adam Pretorius
Lepic-Kroeger, REALTORS
Buyer's Agent
Lynn Weinstein
Blank & McCune Real Estate
List Price
$799,900
Sold Price
$799,900
Current Estimated Value
$897,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,595
Avg. Annual Appreciation
1.97%
Original Mortgage
$59,905
Outstanding Balance
$47,297
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$805,260
Source: Public Records

Range of Values:

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Average Value
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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
Neto Osorio Lopes Abath $800,000 Gelman Thomas H
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neto Osorio Lopes Abath $59,905
Open Neto Osorio Lopes Abath $700,000
Closed Neto Osorio Lopes Abath $59,905
Previous Owner Gary Frakes Construction Inc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $799,900 0.0% $230 / Sq Ft
01/05/2022 01/05/22 For Sale $799,900 +608.5% $230 / Sq Ft
06/25/2021 06/25/21 Sold $112,900 0.0% --
05/07/2021 05/07/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $112,900 -- --
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 $14,520 $782,370 $112,000 $670,370
2023 $9,646 $782,370 $112,000 $670,370
2022 $8 $453,940 $112,000 $341,940
2021 $10 $430 $430 $0
2020 $10 $430 $430 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202200098

Iowa City Area Association of REALTORS®

APN: 1001302010