NOT LISTED FOR SALE

2037 Sherman Dr Iowa City, IA 52240

Estimated Value: $342,000 - $364,315

3 Beds
2 Baths
1,618 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $283,500 $175 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,421/month

33 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Patio
  • City High School Rated A-
  • Breakfast Bar
  • Living Room

About This Home

As of April 2020

Quality built and meticulously kept ranch on a cul-de-sac with very open main level. Master bath and walk-in closet. Lower level is framed, electrical/ lights in place & stubbed for bath, currently used as an amazing space for home gym, rec room & storage. 3-car garage has recessed lighting throughout- perfect for hobbies and workspace. Zero-entry from garage. New roof, gutters, downspouts- 2017. Back yard features a 30x30 basketball court. Located near trails that connect to Trueblood Recreation area.

Last Agent to Sell the Property

Molly Wells

Edge Realty Group Listed on: 02/12/2020

Edge Realty Group

Last Buyer's Agent

Molly Wells

Edge Realty Group Listed on: 02/12/2020

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,874

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 64x124
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,618 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stubbed For A Bathroom

Schools

  • Wood Elementary School
  • Southeast Middle School

Utilities

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

Additional Features

  • Patio
  • Property is near schools

Community Details

  • Built by Dolan
  • General Quarters Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023453008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,874

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1618
  • Homebuilder: Dolan
  • Owner Name L F Mi: Cornwell, Christopher & Karianne
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Pella windows. Goal Setter basketball hoop to remain with property. Reserved: mounted TV, garage shelving & track system, washer, dryer.
  • Year Built: 2008
  • Tax Year Report: 2018
  • Subdivision: General Quarters
  • Directions: South on Sycamore St, left on Dickenson Ln, left on Farragut Ln, left on Sherman Dr.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Street Lights, Close to School
  • Basement Remarks: Bath Stubbed, Sump Pump, Full
  • Fireplace Type Location: None
  • Interior R: Vaulted Ceiling
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: Level
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Remarks2: Quality built and meticulously kept ranch on a cul-de-sac with very open main level. Master bath and walk-in closet. Lower level is framed, electrical/ lights in place & stubbed for bath, currently used as an amazing space for home gym, rec room & storage. 3-car garage has recessed lighting throughout- perfect for hobbies and workspace. Zero-entry from garage. New roof, gutters, downspouts- 2017. Back yard features a 30x30 basketball court. Located near trails that connect to Trueblood Recreation area.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1618
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

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

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 64x124
  • Zoning: res

Tax Info

  • Gross Tax County City: 5036
  • Assessor Parcel Number: 1023453008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 2, 2020
Sold by
Cronwell Christopher B and Cronwell Karianne M
Bought by
Wilder Ellie E and Schwager Eric T
Seller's Agent
Molly Wells
Edge Realty Group
Buyer's Agent
Molly Wells
Edge Realty Group
List Price
$290,000
Sold Price
$283,500
Premium/Discount to List
-$6,500
-2.24%
Current Estimated Value
$357,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,579
Avg. Annual Appreciation
4.19%
Original Mortgage
$210,000
Outstanding Balance
$188,039
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$166,360

Purchase Details

Closed on
Sep 27, 2019
Sold by
Saddlebrook Meadows Development Inc
Bought by
Cao Bixin and Cao Huizhen

Purchase Details

Listed on
Oct 20, 2013
Closed on
May 21, 2014
Sold by
Black Brett J
Bought by
Cornwell Christopher B and Cornwell Karianne M
Seller's Agent
Michael Van Dyke
Watts Group Realty
Buyer's Agent
Molly Wells
Edge Realty Group
List Price
$235,900
Sold Price
$232,500
Premium/Discount to List
-$3,400
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$228,288
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2008
Sold by
Towne & Country Manor Development Corpor
Bought by
Black Brett J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,970
Interest Rate
6.3%
Mortgage Type
FHA
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
Wilder Ellie E $283,500 None Available
Cao Bixin $325,000 None Available
Cornwell Christopher B $232,500 None Available
Black Brett J $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilder Ellie E $210,000
Previous Owner Cornwell Christopher B $222,832
Previous Owner Cornwell Christopher B $228,288
Previous Owner Black Brett J $210,000
Previous Owner Black Brett J $221,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $283,500 -2.2% $175 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $290,000 +24.7% $179 / Sq Ft
06/02/2014 06/02/14 Sold $232,500 -1.4% $144 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
10/20/2013 10/20/13 For Sale $235,900 -- $146 / 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 $5,874 $322,770 $57,750 $265,020
2023 $5,470 $322,770 $57,750 $265,020
2022 $5,410 $261,200 $51,670 $209,530
2021 $5,452 $261,200 $51,670 $209,530
2020 $5,452 $252,170 $48,630 $203,540
2019 $4,850 $248,920 $48,630 $200,290
2018 $4,850 $229,240 $45,600 $183,640
2017 $4,618 $229,240 $45,600 $183,640
2016 $4,524 $218,640 $36,480 $182,160
2015 $4,524 $218,640 $36,480 $182,160
2014 $4,288 $206,940 $36,480 $170,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202001268

Iowa City Area Association of REALTORS®

APN: 1023453008