NOT LISTED FOR SALE

1549 Somerset Ln Iowa City, IA 52240

Eastside Neighborhood

Estimated Value: $338,000 - $358,000

3 Beds
1 Bath
1,643 Sq Ft
$213/Sq Ft Est. Value

About This Home

This home is located at 1549 Somerset Ln, Iowa City, IA 52240 and is currently estimated at $349,679, approximately $212 per square foot. 1549 Somerset Ln is a home located in Johnson County with nearby schools including Robert Lucas Elementary School, Southeast Junior High School, and City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2020
Sold by
Phillips Earl W and Phillips Jeanne J
Bought by
Mccoy Lorna S
Current Estimated Value
$352,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$99,077
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$247,064
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Mccoy Lorna S $278,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccoy Lorna S $27,500
Open Mccoy Lorna S $110,000
Source: Public Records

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 $5,620 $309,210 $52,300 $256,910
2023 $5,406 $309,210 $52,300 $256,910
2022 $5,164 $258,290 $47,320 $210,970
2021 $5,304 $258,290 $47,320 $210,970
2020 $5,304 $253,920 $44,830 $209,090
2019 $4,898 $253,920 $44,830 $209,090
2018 $4,898 $231,430 $39,850 $191,580
2017 $4,842 $231,430 $39,850 $191,580
2016 $4,466 $215,910 $39,850 $176,060
2015 $4,466 $215,910 $39,850 $176,060
2014 $4,370 $210,700 $39,850 $170,850
Source: Public Records

Map

Iowa Johnson County Iowa City 52240 Eastside

1549 Somerset Ln, Iowa City, IA

This home is located at 1549 Somerset Ln, Iowa City, IA 52240 and is currently estimated at $349,679, approximately $212 per square foot. 1549 Somerset Ln is a home located in Johnson County with nearby schools including Robert Lucas Elementary School, Southeast Junior High School, and City High School.

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