NOT LISTED FOR SALE

2049 Sherman Dr Iowa City, IA 52240

Estimated Value: $317,000 - $340,000

3 Beds
2 Baths
1,435 Sq Ft
$232/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $299,000 $208 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,268/month

64 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Living Room
  • City High School Rated A-
  • Breakfast Area or Nook
  • Entrance Foyer

About This Home

As of June 2022

Enjoy quiet cul-de-sac living in this exceptionally maintained, zero-entry ranch! Conveniently located near schools, shopping, and a 152 acre recreation park, this home features a large kitchen with breakfast bar, exceptional media center in living room, and plenty of storage space throughout. New roof in 2018. White vinyl fenced yard and unfinished basement for future growth, don’t miss this one!

Last Agent to Sell the Property

Rachael Schmerbach

Navigate Homes Listed on: 03/31/2022

Last Buyer's Agent

Rachael Schmerbach

Navigate Homes Listed on: 03/31/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,598

Year Built

  • Built in 2008

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x122

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,435 Sq Ft Home
  • Vaulted Ceiling
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances

Schools

  • Wood Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • General Quarters Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023453009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,598

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1435
  • Homebuilder: unknown
  • Owner Name L F Mi: Young
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Seller reserving a couple flowering plants outside. Verify schools and square footage. This property has an accepted offer. Accepting backup offers only at this time. If sending an offer over asking price, attach appraisal gap waiver.
  • Year Built: 2008
  • Tax Year Report: 2020
  • Subdivision: General Quarters
  • Directions: Directions: S on Sycamore St, E on Dickenson Ln, N on Farrragut Ln to Sherman Dr
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Unfinished
  • Fireplace Type Location: None
  • Interior R: Foyer-Entrance, Vaulted Ceiling
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: Enjoy quiet cul-de-sac living in this exceptionally maintained, zero-entry ranch! Conveniently located near schools, shopping, and a 152 acre recreation park, this home features a large kitchen with breakfast bar, exceptional media center in living room, and plenty of storage space throughout. New roof in 2018. White vinyl fenced yard and unfinished basement for future growth, don’t miss this one!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Energy Efficient, Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1435
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: 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: 0.18
  • Geo Subdivision: IA
  • Lot Dimensions: 65x122
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 4854
  • Assessor Parcel Number: 1023453009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jun 2, 2022
Sold by
Young Matthew R and Young Amanda C
Bought by
Howard Matthew J and Howard Mandi D
Seller's Agent
Rachael Schmerbach
Navigate Homes
Buyer's Agent
Rachael Schmerbach
Navigate Homes
List Price
$275,000
Sold Price
$299,000
Premium/Discount to List
$24,000
8.73%
Current Estimated Value
$333,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,032
Avg. Annual Appreciation
2.96%
Original Mortgage
$224,400
Outstanding Balance
$214,724
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$113,988

Purchase Details

Closed on
Feb 1, 2013
Sold by
Young Matthew R and Young Starr Jones
Bought by
Young Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2011
Sold by
Roelfs Tyler and Roelfs Sarah
Bought by
Young Matthew R and Jones Starr A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,879
Interest Rate
4.81%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2010
Sold by
Roelfs Ron W and Roelfs Phyllis B
Bought by
Roelfs Tyler and Roelfs Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 2008
Sold by
Towne & Country Manor Development Corp
Bought by
Roelfs Tyler and Roelfs Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,925
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
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
Howard Matthew J $299,000 Oshea Scott M
Young Matthew R -- None Available
Young Matthew R $202,000 None Available
Roelfs Tyler -- None Available
Roelfs Tyler $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Matthew J $224,400
Previous Owner Young Matthew R $193,800
Previous Owner Young Matthew R $196,879
Previous Owner Roelfs Tyler $40,000
Previous Owner Roelfs Tyler $149,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $299,000 +8.7% $208 / Sq Ft
03/31/2022 03/31/22 For Sale $275,000 -- $192 / 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 $5,598 $297,630 $57,640 $239,990
2023 $5,238 $297,630 $57,640 $239,990
2022 $4,820 $241,660 $51,580 $190,080
2021 $4,854 $241,660 $51,580 $190,080
2020 $4,854 $233,090 $48,540 $184,550
2019 $4,530 $233,090 $48,540 $184,550
2018 $4,530 $214,720 $45,510 $169,210
2017 $4,302 $214,720 $45,510 $169,210
2016 $4,214 $204,250 $36,410 $167,840
2015 $4,214 $204,250 $36,410 $167,840
2014 $3,996 $193,420 $36,410 $157,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202201788

Iowa City Area Association of REALTORS®

APN: 1023453009