NOT LISTED FOR SALE

1965 Cherry Tree Ln Fairfield, IA 52556

Estimated Value: $523,000 - $831,000

4 Beds
2.5 Baths
2,758 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $574,500 $208 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,087/month

Highlights

  • Main Floor Bedroom
  • Living Room
  • Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of January 2023

This home is located at 1965 Cherry Tree Ln, Fairfield, IA 52556 since 26 January 2023 and is currently estimated at $661,801, approximately $239 per square foot. This property was built in 2003. 1965 Cherry Tree Ln is a home located in Jefferson County with nearby schools including Fairfield High School and Maharishi School.

Last Buyer's Agent

Michaela Mclain

Village Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,250

Year Built

  • Built in 2003

Lot Details

  • 2.33 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2,758 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Rural Water

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,250

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: CHERRY TREE SUB LT 2
  • Municipality: Fairfield
  • Year Built: 2003
  • OFFICELIST_ADDRESS: 1965 Cherry Tree Lane
  • Co Selling Office I D: 735
  • Distribute To Internet: Yes
  • List Office I D: 735
  • Sales Office I D: 735
  • Selling Agent: 4648
  • Street Designation: Lane
  • Building Style: 2 Story
  • Bedroom 1 Level: Upper
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 4
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 3
  • Basement: Full
  • Half Bathrooms: 1
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 208.3
  • Above Grade Finished Sq Ft: 2758
  • Total Finished Sq Ft: 2758
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Main
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Living Room Level: Main

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Description: Detached Garage
  • Fuel: Propane
  • Garage Sq Ft: 576

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Water: Rural/Municipality

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 2.33
  • Geo Update Timestamp: 2023-01-28
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 2.33 Acres
  • Lot Size Sq Ft: 101495
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 6250

MLS Schools

  • School District: 2169 - Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2025
Sold by
Balzer Ralf
Bought by
Burton Brenda J
Current Estimated Value
$661,801

Purchase Details

Listed on
Jan 26, 2023
Closed on
Jan 6, 2023
Sold by
Arthur Frederick Pollack Revocable Trust
Bought by
Balzer Ralf and Burton Brenda J
Buyer's Agent
Michaela Mclain
Village Realty
List Price
$574,500
Sold Price
$574,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$374,500
Interest Rate
6.49%
Mortgage Type
New Conventional
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
Burton Brenda J -- None Listed On Document
Balzer Ralf $574,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balzer Ralf $374,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $574,500 0.0% $208 / Sq Ft
01/26/2023 01/26/23 For Sale $574,500 -- $208 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
Source: NoCoast MLS

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 $7,052 $658,900 $60,400 $598,500
2024 $7,052 $585,700 $60,400 $525,300
2023 $6,136 $585,700 $60,400 $525,300
2022 $6,250 $485,200 $60,400 $424,800
2021 $6,250 $485,200 $60,400 $424,800
2020 $6,802 $494,800 $60,400 $434,400
2019 $7,368 $487,900 $0 $0
2018 $7,002 $487,900 $0 $0
2017 $7,002 $424,200 $0 $0
2016 $6,272 $424,200 $0 $0
2015 $5,698 $382,600 $0 $0
2014 $5,698 $382,600 $0 $0
2013 $5,686 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6305386

NoCoast MLS

APN: 06-15-100-020