NOT LISTED FOR SALE

2048 Sherman Dr Iowa City, IA 52240

Estimated Value: $377,900 - $411,000

4 Beds
2 Baths
1,980 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 16, 2012

Last sale price $239,900 $121 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,669/month

186 Days on Market

Highlights

  • New Construction
  • Main Floor Primary Bedroom
  • Patio
  • City High School Rated A-
  • 2 Car Attached Garage

About This Home

As of July 2012

This home is located at 2048 Sherman Dr, Iowa City, IA 52240 since 10 January 2012 and is currently estimated at $392,225, approximately $198 per square foot. This property was built in 2008. 2048 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.

Last Agent to Sell the Property

Lisa Lynes

RUHL & RUHL REALTORS Listed on: 01/10/2012

RUHL & RUHL REALTORS

Last Buyer's Agent

Lisa Lynes

RUHL & RUHL REALTORS Listed on: 01/10/2012

RUHL & RUHL REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,376

Year Built

  • 2008

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 67 x 120

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,376

Year Built

2008

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.2500
  • Above Grade Finished Sq Ft: 1980
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • City Name: Iowa City
  • Gross Tax: 4376
  • List User Cell Phone: 319-330-5077
  • Miscellaneous: Patio
  • Net Tax: 4376
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 121.16
  • Total Sq Ft: 1980
  • Taxable Value Tv: 219942.00
  • Tax Roll Number: 00110234503014
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Appliances Included: Dishwasher, Water Heater – Gas
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Gas Heat

Schools

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

Lot Info

  • Lot Size: 67 X 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Jun 18, 2012
Sold by
Towne & Country Manor Development Corpor
Bought by
Sproul Billie Jo
Seller's Agent
Lisa Lynes
RUHL & RUHL REALTORS
Buyer's Agent
Lisa Lynes
RUHL & RUHL REALTORS
List Price
$239,900
Sold Price
$239,900
Current Estimated Value
$392,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,325
Avg. Annual Appreciation
3.50%
Original Mortgage
$191,920
Interest Rate
4%
Mortgage Type
New Conventional
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
Sproul Billie Jo $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sproul Billie Jo $36,445
Open Young Amanda G $65,000
Previous Owner Sproul Billie Jo $191,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2012 07/16/12 Sold $239,900 0.0% $121 / Sq Ft
07/14/2012 07/14/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $239,900 -- $121 / 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 $6,582 $349,940 $58,270 $291,670
2023 $6,232 $349,940 $58,270 $291,670
2022 $5,954 $287,480 $52,140 $235,340
2021 $6,002 $287,480 $52,140 $235,340
2020 $6,002 $277,560 $49,070 $228,490
2019 $5,614 $277,560 $49,070 $228,490
2018 $5,614 $255,500 $46,000 $209,500
2017 $5,554 $255,500 $46,000 $209,500
2016 $5,272 $244,600 $36,800 $207,800
2015 $5,272 $244,600 $36,800 $207,800
2014 $5,004 $231,350 $36,800 $194,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1200645

Cedar Rapids Area Association of REALTORS®

APN: 1023453014