Seller's Agent in 2024
Mike Bails
Urban Acres Real Estate Corridor
(319) 321-5500
1,279 Total Sales
240 Pine Grove Ln Iowa City, IA 52245
Estimated Value: $107,000 - $666,000
4
Beds
3
Baths
2,895
Sq Ft
$177/Sq Ft
Est. Value
Highlights
- New Construction
- Deck
- Great Room with Fireplace
- City High School Rated A-
- Recreation Room
- Screened Porch
About This Home
As of June 2024Welcome to 240 Pine Grove Lane. This newly constructed, ‘Zero Carbon’, property proudly stands as the Advantage Signature 2024 Parade Home, representing the pinnacle of energy efficiency and sophistication. Boasting 4 bedrooms, 3 bathrooms, and a sprawling 2895 square feet, this residence is designed to exceed your expectations. Situated on a spacious lot adorned with mature trees, the exterior of this home is as enchanting as its interior. The 3-car garage and spacious drop zone, complete with a maintenance-free screen porch and deck, offers seamless access to a world of comfort and style. The garage is heated and equipped with an EV charging station as well as a Sonos audio system throughout the house. The property is solar-ready, features a heat pump water heater, and is equipped with a 100% energy efficient furnace and HRV unit for optimal climate control. A whole-house humidifier and state-of-the-art spray foam insulation, as well as Aeroseal(ed) duct work ensures a comfortable living environment year-round. The kitchen is a chef's delight, featuring energy-star GE Cafe appliances, quartz countertops, and high-end Delta fixtures. The contemporary aesthetic continues with modern tile and black fixtures, complemented by a stylish backsplash. Entertain guests effortlessly in the lower level, which includes a wet bar for social gatherings. Welcome to a home where luxury meets sustainability, where every detail is thoughtfully curated for the discerning homeowner. Your dream home awaits – a masterpiece of design, comfort, and efficiency.
Last Buyer's Agent
Lucas Burrington
Burrington Real Estate
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,272
Year Built
- Built in 2024 | New Construction
Lot Details
- 0.51
Parking
- 3 Parking Spaces
Home Design
- Brick or Stone Mason
- Frame Construction
Interior Spaces
- 1-Story Property
- Wet Bar
- Tray Ceiling
- Ceiling Fan
- Electric Fireplace
- Entrance Foyer
- Great Room with Fireplace
- Family Room Downstairs
- Living Room
- Dining Room
- Open Floorplan
- Recreation Room
- Screened Porch
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Schools
- Hoover Elementary School
- Southeast Middle School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Internet Available
- Cable TV Available
Additional Features
- Energy-Efficient Appliances
- Deck
- 0.51 Acre Lot
- Property is near shops
Community Details
- Built by Advantage Signature
- Pine Grove Subdivision
Listing and Financial Details
- Assessor Parcel Number 0907340005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 21, 2024
Sold by
Advantage Development Inc
Bought by
Advantage Custom Builders Inc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Outstanding Balance
$498,709
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$13,117
Purchase Details
Listed on
Jan 31, 2024
Closed on
Jun 3, 2024
Sold by
Advantage Custom Builders Inc
Bought by
Nicknish Mary
Seller's Agent
Mike Bails
Urban Acres Real Estate Corridor
Buyer's Agent
Lucas Burrington
Burrington Real Estate
List Price
$624,900
Sold Price
$634,552
Premium/Discount to List
$9,652
1.54%
Views
73
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.72%
Purchase Details
Listed on
Jan 1, 2023
Closed on
Nov 13, 2023
Sold by
Steve Kohli Construction Lc
Bought by
Advantage Development Inc
Seller's Agent
Jan Crosby
Urban Acres Real Estate
Buyer's Agent
Mike Bails
Urban Acres Real Estate Corridor
List Price
$89,500
Sold Price
$60,000
Premium/Discount to List
-$29,500
-32.96%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5346.64%
Original Mortgage
$2,800,000
Interest Rate
7.57%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Advantage Custom Builders Inc | $240,000 | None Listed On Document | |
| Nicknish Mary | $625,000 | None Listed On Document | |
| Advantage Development Inc | $240,000 | None Listed On Document | |
| Advantage Development Inc | $240,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Advantage Custom Builders Inc | $505,000 | |
| Previous Owner | Advantage Development Inc | $2,800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $634,552 | +1.5% | $219 / Sq Ft | |
| 02/29/2024 02/29/24 | For Sale | $624,900 | 0.0% | $216 / Sq Ft | |
| 02/29/2024 02/29/24 | Off Market | $624,900 | -- | -- | |
| 01/31/2024 01/31/24 | For Sale | $624,900 | +941.5% | $216 / Sq Ft | |
| 11/17/2023 11/17/23 | Sold | $60,000 | -16.7% | -- | View Prior Sale |
| 11/02/2023 11/02/23 | Pending | -- | -- | -- | |
| 06/20/2023 06/20/23 | Price Changed | $72,000 | -19.6% | -- | |
| 01/01/2023 01/01/23 | For Sale | $89,500 | -- | -- |
Source: Iowa City Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $1,272 | $615,670 | $75,100 | $540,570 |
| 2024 | $1,256 | $66,760 | $66,760 | $0 |
| 2023 | $1,266 | $66,760 | $66,760 | $0 |
| 2022 | $154 | $58,410 | $58,410 | $0 |
| 2021 | $160 | $7,390 | $7,390 | $0 |
| 2020 | $160 | $7,390 | $7,390 | $0 |
| 2019 | $162 | $7,390 | $7,390 | $0 |
| 2018 | $162 | $7,390 | $7,390 | $0 |
| 2017 | $160 | $7,390 | $7,390 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Bails
-
L
Buyer's Agent in 2024
Lucas Burrington
Burrington Real Estate
-
Jan Crosby
Seller's Agent in 2023
Jan Crosby
Urban Acres Real Estate
(319) 621-9427
218 Total Sales
-
Chris Boddicker
Seller Co-Listing Agent in 2023
Chris Boddicker
Urban Acres Real Estate Corridor
(319) 530-9390
260 Total Sales
Map
Source: Iowa City Area Association of REALTORS®
MLS Number: 202400546
APN: 0907340005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
Nearby Homes
- 253 Lindemann Dr
- 260 N Scott Blvd Unit 311
- 260 N Scott Blvd Unit 201
- 260 N Scott Blvd Unit 203
- 260 N Scott Blvd
- 260 N Scott Blvd Unit 104
- 0 Lower West Branch Rd SE
- 139 S Scott Blvd
- 123 S Scott Blvd
- 149 S Scott Blvd
- 105 S Scott Blvd
- 103 S Scott Blvd
- 141 S Scott Blvd
- 161 S Scott Blvd
- 147 S Scott Blvd
- 143 S Scott Blvd
- 107 S Scott Blvd
- 109 Cayman St Unit 2D
- 3428 Lower West Branch Rd
- 15 Mary Ct
- 260 Pine Grove Ln
- 255 Pine Grove Ln
- 220 Pine Grove Ln
- 167 Hummingbird Ln
- 270 Pine Grove Ln
- 225 Pine Grove Ln
- 151 Hummingbird Ln
- Lot 4 Pine Grove Ln
- 2987 Pine Grove Ln
- 2988 Pine Grove Ln
- 0 Pine Grove Ln
- 275 Pine Grove Ln
- 135 Hummingbird Ln
- 275 Hummingbird Ln
- 260 N Scott Blvd #205
- 260 N Scott Blvd #210
- 260 N Scott Blvd #306
- 260 N Scott Blvd #304
- 260 N Scott Blvd #103
- 260 N Scott Blvd #302