NOT LISTED FOR SALE

1970 Sherman Dr Iowa City, IA 52240

Estimated Value: $438,000 - $467,000

5 Beds
3 Baths
2,850 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $330,000 $116 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,052/month

85 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Vaulted Ceiling
  • City High School Rated A-
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of July 2018

This amazing home has an open plan includes a fireplace, contemporary white-washed wood grain kitchen cabinets, complimented by driftwood stained floors, & quartz counters that waterfall to the side of the island. Relax in the master bedroom which features a tray ceiling, the master bath has double sinks, a quartz counter & a large tiled shower. The lower level, features a customized bar, microwave, & full refrigerator in the large family room. There are 2 other bedrooms, & large laundry room. A surprise around every corner. The home is full of features, but one of the best is the location. This neighborhood is close to it all! Trails, kayaking, golfing, shopping, soccer fields, it has it all. Come find your adventure!

Last Agent to Sell the Property

Monica Hayes

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 03/01/2018

LEPIC-KROEGER CORRIDOR, REALTORS

Last Buyer's Agent

Monica Hayes

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 03/01/2018

LEPIC-KROEGER CORRIDOR, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $566

Year Built

  • 2016

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 66 x 120

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Built by Seydel Construction

Home Details

Home Type

Single Family

Est. Annual Taxes

$566

Year Built

2016

Lot Details

0

Listing Details

  • Style: Contemporary, Split Foyer
  • Acres: 0.1700
  • Above Grade Finished Sq Ft: 1500
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Iowa City
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 566
  • List User Cell Phone: 319-325-8659
  • Low Lvl Fin Sq Ft: 1350
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 566
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98507
  • Ratio Close Price By Original Li: 0.95652
  • Ratio Current Price By Sq Ft: 220.00
  • Total Sq Ft: 2850
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 36X22

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 66 X 120

Building Info

  • Builder Name: Seydel Construction

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jul 14, 2018
Sold by
Maynes Jeff
Bought by
Gangba Koffi and Koudadje Afi
Seller's Agent
Monica Hayes
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Monica Hayes
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$345,000
Sold Price
$330,000
Premium/Discount to List
-$15,000
-4.35%
Current Estimated Value
$453,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,460
Avg. Annual Appreciation
4.43%
Original Mortgage
$33,000
Outstanding Balance
$25,033
Interest Rate
4.6%
Mortgage Type
Stand Alone Second
Estimated Equity
$425,420

Purchase Details

Listed on
May 13, 2016
Closed on
Sep 2, 2016
Sold by
Saddlebrook Meadows Development Inc
Bought by
Maynes Jeff
Seller's Agent
Monica Hayes
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$359,900
Sold Price
$359,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.53%
Original Mortgage
$305,915
Interest Rate
3.42%

Purchase Details

Listed on
Jan 23, 2015
Closed on
Apr 23, 2015
Sold by
Towne & Country Manor Development Corp
Bought by
Houser Investments Llc
Seller's Agent
Lisa Lynes
Ruhl&Ruhl, Realtors
Buyer's Agent
Bradford Houser
Skogman Realty Co.
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
403.92%
Source: Public Records

Range of Values:

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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
Gangba Koffi $330,000 None Available
Maynes Jeff $359,900 None Available
Houser Investments Llc $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangba Koffi $33,000
Open Gangba Koffi $280,500
Previous Owner Maynes Jeff $305,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $330,000 -1.5% $116 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $335,000 -2.9% $118 / Sq Ft
03/01/2018 03/01/18 For Sale $345,000 -4.1% $121 / Sq Ft
09/02/2016 09/02/16 Sold $359,900 0.0% $126 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $359,900 +802.0% $126 / Sq Ft
04/24/2015 04/24/15 Sold $39,900 0.0% $14 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $39,900 -- $14 / Sq Ft
Source: Cedar Rapids 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 $7,634 $405,820 $58,270 $347,550
2023 $7,102 $405,820 $58,270 $347,550
2022 $6,786 $327,680 $52,140 $275,540
2021 $7,084 $327,680 $52,140 $275,540
2020 $7,084 $327,620 $49,070 $278,550
2019 $7,298 $327,620 $49,070 $278,550
2018 $7,298 $340,690 $46,000 $294,690
2017 $566 $340,690 $46,000 $294,690
2016 $556 $25,760 $25,760 $0
2015 $556 $25,760 $25,760 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1801333

Cedar Rapids Area Association of REALTORS®

APN: 1023454007