NOT LISTED FOR SALE

1950 Sherman Dr Iowa City, IA 52240

Estimated Value: $292,000 - $390,431

3 Beds
2 Baths
1,565 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $210,000 $134 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,214/month

28 Days on Market

Highlights

  • Vaulted Ceiling
  • Separate Formal Living Room
  • Patio
  • City High School Rated A-
  • Great Room
  • Laundry Room

About This Home

As of October 2018

This roomy Iowa City ranch is a great value! The open floor plan offers great flexibility for your needs. Throughout, decor is clean, with cool contemporary colors. The living room has home theater speakers pre-installed and opens to the dining area. The kitchen offers ample space, plenty of cabinets and SS appliances. Zero entry doorways at front and in the two-car garage make for smooth entrances and exits. Downstairs there's a third bedroom and plenty of potential for more finish.

Last Agent to Sell the Property

Paul Ellis

RE/MAX Affiliates Listed on: 10/01/2018

RE/MAX Affiliates

Last Buyer's Agent

Paul Ellis

RE/MAX Affiliates Listed on: 10/01/2018

RE/MAX Affiliates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,968

Year Built

  • Built in 2010

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 66.67 x 120
  • Property is zoned RS5

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near schools
  • Property is near shops

Schools

  • Wood Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Additional Features

  • Stepless Entry
  • Patio

Community Details

  • General Quarters Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023454005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,968

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1565
  • Homebuilder: UNK
  • Owner Name L F Mi: Cravens
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Addendum: Contact LA for required Cartus Relocation addendums and instructions. Seller Disclosures in Associated Documents.
  • T Val: 207000
  • Year Built: 2010
  • Zero Step Entry: Yes
  • Tax Year Report: 2017
  • Subdivision: General Quarters
  • Directions: Sycamore to Dickinson, east to Farragut, north to Sherman, east to house
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Poured Concrete, Sump Pump, Finished, Full
  • Fireplace Type Location: None
  • Interior R: Ceiling-9+ ft, Vaulted Ceiling
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: This roomy Iowa City ranch is a great value! The open floor plan offers great flexibility for your needs. Throughout, decor is clean, with cool contemporary colors. The living room has home theater speakers pre-installed and opens to the dining area. The kitchen offers ample space, plenty of cabinets and SS appliances. Zero entry doorways at front and in the two-car garage make for smooth entrances and exits. Downstairs there's a third bedroom and plenty of potential for more finish.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1300
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 265
  • Laundry Location: Laundry Room, 1st Floor
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0.18
  • Geo Subdivision: IA
  • Lot Dimensions: 66.67 x 120
  • Zoning: RS5

Tax Info

  • Gross Tax County City: 4317
  • Assessor Parcel Number: 1023454005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Oct 9, 2018
Sold by
Cravens Jacob R and Cravens Amanda R
Bought by
Barr Thomas J
Seller's Agent
Paul Ellis
RE/MAX Affiliates
Buyer's Agent
Paul Ellis
RE/MAX Affiliates
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$340,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,858
Avg. Annual Appreciation
4.66%
Original Mortgage
$201,894
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2010
Sold by
Towne & Country Manor Development Corpor
Bought by
Cravens Jacob R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Barr Thomas J $210,000 None Available
Cravens Jacob R $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barr Thomas J $198,000
Closed Barr Thomas J $201,894
Previous Owner Cravens Jacob R $180,000
Previous Owner Cravens Jacob R $20,000
Previous Owner Cravens Jacob R $53,000
Previous Owner Cravens Jacob R $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $210,000 0.0% $134 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $210,000 -- $134 / 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 $4,968 $274,540 $58,270 $216,270
2023 $4,632 $274,540 $58,270 $216,270
2022 $4,424 $222,580 $52,140 $170,440
2021 $4,452 $222,580 $52,140 $170,440
2020 $4,452 $214,530 $49,070 $165,460
2019 $4,176 $214,530 $49,070 $165,460
2018 $4,176 $198,620 $46,000 $152,620
2017 $3,994 $198,620 $46,000 $152,620
2016 $4,100 $190,240 $36,800 $153,440
2015 $4,100 $190,240 $36,800 $153,440
2014 $3,872 $178,980 $36,800 $142,180
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Paul Ellis

    RE/MAX Affiliates

    (515) 240-2990

    63 Total Sales

    Paul Ellis
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20185728

Iowa City Area Association of REALTORS®

APN: 1023454005

Iowa Johnson County Iowa City 52240

1950 Sherman Dr, Iowa City, IA

This home is located at 1950 Sherman Dr, Iowa City, IA 52240 since 01 October 2018 and is currently estimated at $340,858, approximately $217 per square foot. This property was built in 2010. 1950 Sherman Dr is a home located in Johnson County with nearby schools including Grant Wood Elementary School, Southeast Junior High School, and City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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