NOT LISTED FOR SALE

1508 Iwv Rd SW Oxford, IA 52322

Estimated Value: $697,000 - $1,225,153

3 Beds
3.5 Baths
4,854 Sq Ft
$191/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $494,000 $102 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,107/month

375 Days on Market

Highlights

  • Barn
  • Pond
  • Vaulted Ceiling
  • Deck
  • Living Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of May 2012

STUNNING Better Homes and Farms Acreage. 2008 Built Custom Log home on 5 acres m/l. Open Floor Design, Beautiful Hickory floors, Gourmet Kitchen, Custom Bar in basement, two large stone fireplaces, Main floor laundry, attached 3 car garage, large deck and lower level walkout to patio. AWESOME VIEWS, POND, TREES, SET UP FOR HORSES, HARD SURFACED ROAD. Additional 20 ACRES available. HEATED workshop with bathroom, shed and fencing for horses.

Last Agent to Sell the Property

Michelle Runciman

Edge Realty Group Listed on: 03/28/2011

Edge Realty Group

Last Buyer's Agent

Jeff Dill

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,438

Year Built

  • Built in 2008

Lot Details

  • 5 Acre Lot
  • Open Lot
  • Garden
  • Property is zoned Ag/Dwelling

Parking

  • 3 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Library
  • Loft
  • Home Gym
  • Expansion Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Porch

Schools

  • Clear Creek Elementary And Middle School
  • Clear Creek High School

Farming

  • Barn

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Propane
  • Private Water Source
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1209451002

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,438

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 4854
  • Number of Main Level Three Quarter Bathrooms: 1
  • Number of Upper Level Three Quarter Bathrooms: 1
  • Owner Name L F Mi: COCHRAN, JEFF AND CHRIS
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Second home INCLUDED IN THIS PRICE!!! Not to be used for living space per Johnson County farmstead split rules, BUT can be used for BUSINESS!! Silver gates remain with seller unless otherwise negotiated. Small shed behind workshop does NOT remain. Fans in kids bedrooms do NOT remain but an allowance given. Magellan gas line runs through north part of property. AVERAGE HEATING COST FROM 12/2010 THROUGH 2/22/12 $182.00 PER MONTH. Approx 1500 gallons @ $1.70 per gallon.
  • Year Built: 2008
  • Tax Year Report: 2009
  • Directions: WEST ON MELROSE, TURNS INTO IWV, APPROXIMATELY 10 MINUTES FROM IOWA CITY. CLOSE TO BOTH INTERSTATES.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Poured Concrete, Finished, Partial, Walkout
  • Fireplace Type Location: In Living Room, In LL, Gas, Gas Log, Gas Starter, Wood Burning
  • Interior R: Attic Expandable, Cable Available, Ceiling-9+ ft, Vaulted Ceiling, Wet Bar
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Island, Pantry
  • Lot Description R: 5+ Acres, Open Land, Pond
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Remarks2: STUNNING Better Homes and Farms Acreage. 2008 Built Custom Log home on 5 acres m/l. Open Floor Design, Beautiful Hickory floors, Gourmet Kitchen, Custom Bar in basement, two large stone fireplaces, Main floor laundry, attached 3 car garage, large deck and lower level walkout to patio. AWESOME VIEWS, POND, TREES, SET UP FOR HORSES, HARD SURFACED ROAD. Additional 20 ACRES available. HEATED workshop with bathroom, shed and fencing for horses.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Wall Oven, Range/Oven, Refrigerator
  • Number Bedrooms Upper: 1
  • Number Bedrooms Main: 3
  • Sq Ft Above: 3414
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Number of Lower Level Half Bathrooms: 1
  • Total Three Quarter Bathrooms: 2
  • Bedrooms: 3
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1440
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 2
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Barn, Deck, Garden Area, Outbuildings, Patio, Porch, Shed, Workshop

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Water, Private Septic, Water Softener (Owned)
  • Heating Cooling: Ceiling Fans, Whole House Fan, Electric, Propane, Central, Floor Furnace

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Clear Creek
  • Middle School: Clear Creek
  • High School: Clear Creek
  • High School: Clear Creek
  • Jr Middle School: Clear Creek
  • Elementary School: Clear Creek

Lot Info

  • Acreage: 5
  • Geo Subdivision: IA
  • Lot Dimensions: 5
  • Zoning: Ag/Dwelling

Tax Info

  • Gross Tax County City: 4589.8
  • Assessor Parcel Number: 1209451002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2011
Closed on
May 1, 2012
Sold by
Carlile Clela Christine and Cochran Clela Christine
Bought by
Nash Todd M and Nash Dana J
Seller's Agent
Michelle Runciman
Edge Realty Group
Buyer's Agent
Jeff Dill
Lepic-Kroeger, REALTORS
List Price
$688,000
Sold Price
$494,000
Premium/Discount to List
-$194,000
-28.2%
Current Estimated Value
$927,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,718
Avg. Annual Appreciation
4.79%
Original Mortgage
$394,000
Outstanding Balance
$270,077
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$657,641
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
Nash Todd M $494,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Todd M $394,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2012 05/01/12 Sold $494,000 -28.2% $102 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
03/28/2011 03/28/11 For Sale $688,000 -- $142 / 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
2025 $14,438 $1,047,800 $92,500 $955,300
2024 $12,296 $1,034,300 $92,500 $941,800
2023 $10,790 $911,800 $92,500 $819,300
2022 $10,306 $686,300 $87,500 $598,800
2021 $9,860 $663,000 $87,500 $575,500
2020 $9,860 $605,200 $87,500 $517,700
2019 $8,304 $605,200 $87,500 $517,700
2018 $8,130 $514,200 $78,300 $435,900
2017 $8,252 $514,200 $78,300 $435,900
2016 $7,950 $501,500 $78,300 $423,200
2015 $7,950 $501,500 $78,300 $423,200
2014 $7,476 $487,400 $78,300 $409,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20112108

Iowa City Area Association of REALTORS®

APN: 1209453002