$455,000
SOLD MAY 29, 2025

2154 Terra Ln Coralville, IA 52241

4 Beds
3 Baths
3,037 Sq Ft
10.27 Acres

Recently Sold

$150 Per Sq Ft

1% Below List Price

47 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Corner Lot
  • North Central Junior High School Rated A-
  • Ranch Style House
  • Screened Porch

About This Home

As of May 2025

Welcome to this beautifully maintained 4-bedroom ranch-style detached condo in the sought-after Terra Woods subdivision! With a walkout basement and open, airy layout, this home blends comfort and style in all the right ways. High ceilings and an abundance of windows create a bright, inviting space. The primary suite is a true retreat, with direct access to a screened-in porch that overlooks a wide open green space, perfect for your morning coffee or evening unwinding. The primary bath features a relaxing soaking tub, walk-in shower, and a generously sized walk-in closet. There are two dining areas—great for entertaining or when the guest list suddenly doubles! The shining hardwood floors, custom cabinetry, and updated solid surface countertops and appliances (all new in 2016) give the kitchen a polished, modern feel. You’ll find a second bedroom and full bath on the main floor, along with a deck for grilling and a screened porch to enjoy all seasons. Head downstairs and discover two more bedrooms, both with large walk-in closets. One’s even spacious enough to double as a hobby room, office, or bonus living space. The lower level also features a cozy gas fireplace, a full wet bar with a full-size fridge, and walk-out access to a patio. There’s plenty of storage space in the unfinished area! Schedule your tour today!

Last Agent to Sell the Property

Rob McCain

Urban Acres Real Estate Corridor Listed on: 04/10/2025

Urban Acres Real Estate Corridor

Last Buyer's Agent

Jennifer Burhans

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,494

Year Built

  • Built in 2003

Lot Details

  • Corner Lot
  • Sloped Lot

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Screened Porch

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Eco-Friendly Details

  • Grid-tied solar system exports excess electricity

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Van Allen Elementary School
  • North Central Middle School
  • Liberty High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned
  • Internet Available

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, reserve fund, street maintenance
  • Terra Woods Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0730387009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,494

Year Built

Built in 2003

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3037
  • Homebuilder: Unknown
  • Owner Name L F Mi: Schiele
  • Ownership Type: Condo Detached
  • Photo Code: Broker Loaded
  • Remarks: **Accepted offer subject to sale with a 48 hour clause** POA filled out the property disclosure to the best of their ability, but has never lived in the home.
  • Year Built: 2003
  • Tax Year Report: 2023
  • Subdivision: Terra Woods Condominiums
  • Directions: From Oakdale Blvd to North on Oakdale Rd to North on Terra Ln.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Poured Concrete, Sump Pump, Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room, In LL, Gas
  • Interior R: Bookcases, Ceiling-9+ ft, Ceilings-Trey, Foyer-Entrance
  • Kitchen Breakfast R: Breakfast Bar, Pantry, Kit/Dining Rm Comb
  • Lot Description R: Corner, Sloping, None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Ranch
  • Remarks2: Welcome to this beautifully maintained 4-bedroom ranch-style detached condo in the sought-after Terra Woods subdivision! With a walkout basement and open, airy layout, this home blends comfort and style in all the right ways. High ceilings and an abundance of windows create a bright, inviting space. The primary suite is a true retreat, with direct access to a screened-in porch that overlooks a wide open green space, perfect for your morning coffee or evening unwinding. The primary bath features a relaxing soaking tub, walk-in shower, and a generously sized walk-in closet. There are two dining areas—great for entertaining or when the guest list suddenly doubles! The shining hardwood floors, custom cabinetry, and updated solid surface countertops and appliances (all new in 2016) give the kitchen a polished, modern feel. You’ll find a second bedroom and full bath on the main floor, along with a deck for grilling and a screened porch to enjoy all seasons. Head downstairs and discover two more bedrooms, both with large walk-in closets. One’s even spacious enough to double as a hobby room, office, or bonus living space. The lower level also features a cozy gas fireplace, a full wet bar with a full-size fridge, and walk-out access to a patio. There’s plenty of storage space in the unfinished area! Schedule your tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1706
  • Total Full Baths: 3
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1331
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Patio, Screen Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 4800
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Reserve Fund, Street Maintenance

Schools

  • Elementary School: Van Allen
  • Middle School: North Central
  • High School: Liberty High School
  • High School: Liberty High School
  • Jr Middle School: North Central
  • Elementary School: Van Allen

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: Residential

Green Features

  • Energy Generation: Grid-tied

Tax Info

  • Gross Tax County City: 6686.42
  • Assessor Parcel Number: 0730387009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
May 22, 2025
Sold by
Schiele Margaret Janann and Schiele Janann M
Bought by
Cowherd Tyler and Cowherd Darian A
Seller's Agent
Rob McCain
Urban Acres Real Estate Corridor
Buyer's Agent
Jennifer Burhans
Lepic-Kroeger, REALTORS
List Price
$460,000
Sold Price
$455,000
Premium/Discount to List
-$5,000
-1.09%
Views
272
Current Estimated Value
$454,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3
Avg. Annual Appreciation
-0.00%
Original Mortgage
$364,000
Outstanding Balance
$363,381
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$91,616
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $455,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold $455,000 -1.1% $150 / Sq Ft
04/10/2025 04/10/25 For Sale $460,000 -- $151 / 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 $6,494 $372,400 $80,000 $292,400
2023 $6,512 $372,400 $80,000 $292,400
2022 $6,216 $319,500 $25,000 $294,500
2021 $5,870 $319,500 $25,000 $294,500
2020 $5,870 $290,100 $25,000 $265,100
2019 $5,830 $290,100 $25,000 $265,100
2018 $5,714 $290,100 $25,000 $265,100
2017 $5,308 $290,100 $25,000 $265,100
2016 $5,166 $268,500 $25,000 $243,500
2015 $5,166 $268,500 $25,000 $243,500
2014 $4,794 $249,000 $25,000 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202502474

Iowa City Area Association of REALTORS®

APN: 0730387009