NOT LISTED FOR SALE

1489 Lake Shore Dr Iowa City, IA 52246

Estimated Value: $484,000 - $508,274

5 Beds
3 Baths
2,761 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $405,000 $147 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,432/month

33 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Deck
  • West High School Rated A
  • Gated Parking
  • Wood Flooring

About This Home

As of December 2020

Newly remolded 5 bed 3 bath walk-out ranch with 2,700 + sq.ft of living area. High end design with coffered ceilings in the main level living and mstr bedroom. All new flooring through out home, paint, gas stove, tile backsplash, kitchen lighting. Floor to ceiling stacked stone fireplace. Large cedar deck expansion for increased backyard living with steps added for accessibility to yard. Cedar pergola and shutters for that extra curb appeal. Private Community in-ground pool, playground and tennis courts.

Last Agent to Sell the Property

Char Kruse

Urban Acres Real Estate Listed on: 10/15/2020

Urban Acres Real Estate

Last Buyer's Agent

Michael Paul

Edge Realty Group

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,188

Year Built

  • Built in 2013

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 99 x 135
  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Ceiling Insulation
  • Composition Roof
  • Vinyl Construction Material
  • Tile

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Dry Bar
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Bedroom in Basement
  • Finished Basement Bathroom

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Gated Parking

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Green Certified Home
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 1113456006

Community Details

Overview

  • Association fees include facilities fee
  • Built by SIP

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,188

Year Built

Built in 2013

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2761
  • Homebuilder: SIP
  • Owner Name L F Mi: Bernard C Kruse and Charlene J Kruse
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Possible Finance: Conventional
  • Remarks: 1 Owner is a licensed Real Estate agent in the state of Iowa. 4 x 6 Safe Room in basement. House is wired for surround sound for outdoor gatherings. Dry bar with 37 bottle capacity wine refrigerator, stainless steel microwave, shiplap and ample storage. Large corner lot Located in Country Club Estates Please use PPE and Covid Precautions in home
  • Stories Style: 1 Story
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment: Dishwasher, Disposal, Icemaker Line, Microwave, Range/Oven, Refrigerator, Alarm-Smoke/Fire, Central Vacuum, Dryer, Satellite Dish, Washer, Water Softener (Owned)
  • Interior: Cable TV Connections, Carpet, Foyer-Entrance, Tile, Wood Floors, Dry Bar
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1544
  • Total Full Baths: 3
  • Laundry Type: Laundry Room
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Basement: Bath Finished, Concrete, Sump Pump, Finished Rooms, Full, Walkout, Wood
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Fireplace Type: Gas
  • Lower Level Finished Sq Ft: 1217
  • Fireplace Location: In Great/Family Room
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Island, Kit/Dining Rm Comb
  • Laundry Location: 1st Floor
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Stone, Vinyl
  • Roof Type: Composition
  • Exterior: Deck, Patio, Pool In-ground, Porch, Tennis Court

Garage/Parking

  • Parking: Attached, Remote Opener, Garage, Pad, Side/Rear Entry, 3 Cars, Key Pad

Utilities

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

Condo/Co-op/Association

  • Amenities: Neighborhood Assoc., Park, Playground, Pool, Sidewalks, Tennis Courts, Close to School
  • Association Fee: 360
  • Fee Includes: Facilities Fee

Schools

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

Lot Info

  • Acreage: 0.31
  • Geo Subdivision: IA
  • Lot Description: Less than .5 Acre, Corner, Cul De Sac
  • Lot Dimensions: 99 x 135
  • Zoning: Residential

Green Features

  • Energy Related: Certified Energy Eff, Insulation-Ceiling, Storm Doors, Water Heater-Gas

Tax Info

  • Gross Tax County City: 7620
  • Assessor Parcel Number: 1113456006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 4, 2020
Sold by
Kruse Bernard Charles and Kruse Charlene Jean
Bought by
Fomon Christopher and Fomon Kay
Seller's Agent
Char Kruse
Urban Acres Real Estate
Buyer's Agent
Michael Paul
Edge Realty Group
List Price
$419,900
Sold Price
$405,000
Premium/Discount to List
-$14,900
-3.55%
Current Estimated Value
$499,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,069
Avg. Annual Appreciation
3.69%
Original Mortgage
$305,000
Outstanding Balance
$227,226
Interest Rate
2.26%
Mortgage Type
New Conventional
Estimated Equity
$253,099

Purchase Details

Listed on
Jan 29, 2020
Closed on
Sep 12, 2020
Sold by
Zhao Shibing and Wei Yuanxin
Bought by
Kruse Bernard Charles and Kruse Charlene Jean
Seller's Agent
Matthew Lepic
Lepic-Kroeger, REALTORS
Buyer's Agent
Char Kruse
Urban Acres Real Estate
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.29%
Original Mortgage
$330,022
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 17, 2014
Closed on
May 22, 2014
Sold by
Stanley & Douglas Llc
Bought by
Zhao Shibing and Wei Yuanxin
Seller's Agent
Tom Lepic
Lepic-Kroeger, REALTORS
Buyer's Agent
Katie Wittry
Skogman Realty Co.
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%

Purchase Details

Closed on
Aug 30, 2013
Sold by
S & J Development L L P
Bought by
Stanley & Douglas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
4.38%
Mortgage Type
Construction
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
Fomon Christopher $405,000 None Available
Kruse Bernard Charles $355,000 None Available
Zhao Shibing $340,000 None Available
Stanley & Douglas Llc $146,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fomon Christopher $305,000
Previous Owner Kruse Bernard Charles $330,022
Previous Owner Zhao Shibing $130,000
Previous Owner Stanley & Douglas Llc $280,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $405,000 -3.6% $147 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/30/2020 10/30/20 Price Changed $420,000 -1.2% $152 / Sq Ft
10/15/2020 10/15/20 Price Changed $425,000 +1.2% $154 / Sq Ft
10/15/2020 10/15/20 For Sale $419,900 +18.3% $152 / Sq Ft
09/17/2020 09/17/20 Sold $355,000 0.0% $129 / Sq Ft
07/29/2020 07/29/20 Price Changed $355,000 -3.5% $129 / Sq Ft
05/12/2020 05/12/20 Price Changed $368,000 -1.9% $133 / Sq Ft
01/29/2020 01/29/20 For Sale $375,000 +10.3% $136 / Sq Ft
05/23/2014 05/23/14 Sold $339,900 0.0% $123 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $339,900 -- $123 / 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 $8,188 $452,780 $66,240 $386,540
2023 $7,764 $452,780 $66,240 $386,540
2022 $7,416 $367,080 $59,610 $307,470
2021 $7,762 $367,080 $59,610 $307,470
2020 $7,762 $358,970 $59,610 $299,360
2019 $7,366 $358,970 $59,610 $299,360
2018 $7,366 $343,800 $59,610 $284,190
2017 $7,204 $343,800 $59,610 $284,190
2016 $7,060 $336,230 $59,610 $276,620
2015 $7,060 $336,230 $59,610 $276,620
2014 $5,552 $265,340 $59,610 $205,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202006214

Iowa City Area Association of REALTORS®

APN: 1113456006