NOT LISTED FOR SALE

2542 Cottonwood Ct NE North Liberty, IA 52317

Estimated Value: $822,000 - $956,000

6 Beds
6 Baths
4,469 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $830,000 $186 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,679/month

69 Days on Market

Highlights

  • Reverse Osmosis System
  • 2.07 Acre Lot
  • Wood Burning Stove
  • Penn Elementary School Rated A-
  • Deck
  • Great Room with Fireplace

About This Home

As of June 2020

This custom home quality-built by Gary Frakes showcases fine craftsmanship. Nestled on a 2 acre wooded lot in the Fjords, near the Coralville Reservoir. Natural materials, stone & wood throughout create a peaceful retreat. Large windows meld the home with its natural setting & provide relaxing views. Open floor plan features spacious gourmet kitchen, dining area, living room with columns, built-ins & a floor to ceiling limestone FP. Private screen porch is a favorite place to gather.

Last Agent to Sell the Property

Verne Folkmann

Lepic-Kroeger, REALTORS Listed on: 02/21/2020

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Rita Marcus

Blank & McCune Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 2.07 Acre Lot
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 3 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Central Vacuum
  • Bookcases
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Stove
  • Factory Built Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Library
  • Screened Porch
  • Home Gym

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

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

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop

Location

  • Property is near schools

Schools

  • Penn Elementary School
  • North Central Middle School
  • Liberty High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Radiant Heating System
  • Community Well
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 0708401006

Community Details

Overview

  • Association fees include street maintenance, water
  • Built by Frakes
  • Fjords North Add Lot 32 Subdivision

Building Details

  • Security

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 4469
  • Homebuilder: Frakes
  • Owner Name L F Mi: Carpenter
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: See MLS attached features list. Woodshop tools reserved. ML master suite w/ heated bthrm fl, laundry rm w/sink, cabinets, mudroom w/lockers. UL with 3 bedrms, common sitting area, Jack 'n Jill bath: each bedrm w/separate sink, toilet rm and shared shower/tub rm. LL walkout with family rm w/FP, bedrm, full bath, large unfinished activity room, office, half bath, Plenty of space. Huge woodworker’s dream workshop. Whole house audio, LL heated floors. Nice children's playset/area. Energy efficient home, 4 heating zones, LifeBreath fresh air exchanger. RO filtration. Huge garage, level drivewy. Low-maintenance exterior fiber cement siding. Craftsman-style home with welcoming front porch w/ tapered columns. Wonderful curb appeal and so much to love! Dotloop available.
  • Year Built: 2010
  • Tax Year Report: 2018
  • Subdivision: Fjords North Add Lot 32
  • Directions: From the Dubuque St NE / N Liberty Rd roundabout, north or N Liberty Rd, East on Oak Ln NE, at the fork in the road (at mailboxes) go north (left) to stay on Oak Ln NE, North (left) on Cottonwood Ct. House is the first on the right side of the road.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Security, Close to School
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room, In Living Room, Factory Built, Gas, Wood Burning Stove
  • Interior R: Bookcases, Ceiling-9+ ft, Foyer-Entrance
  • Kitchen Breakfast R: Breakfast Bar, Island, Pantry, Kit/Dining Rm Comb
  • Lot Description R: 2-5 Acre, Wooded
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Remarks2: This custom home quality-built by Gary Frakes showcases fine craftsmanship. Nestled on a 2 acre wooded lot in the Fjords, near the Coralville Reservoir. Natural materials, stone & wood throughout create a peaceful retreat. Large windows meld the home with its natural setting & provide relaxing views. Open floor plan features spacious gourmet kitchen, dining area, living room with columns, built-ins & a floor to ceiling limestone FP. Private screen porch is a favorite place to gather.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Icemaker Line, Microwave, Wall Oven, Refrigerator, Central Vacuum, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 3
  • Number Bedrooms Main: 2
  • Sq Ft Above: 3331
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Number of Lower Level Half Bathrooms: 1
  • Bedrooms: 6
  • Total Bathrooms: 6
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1138
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 15
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Patio, Porch, Screen Porch, Sprinkler System, Workshop

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Community Well, Private Septic, Water Softener (Owned), Reverse Osmosis
  • Heating Cooling: Ceiling Fans, Electric, Gas, Propane, Central, Forced Air, Radiant, Zoned/Dual

Condo/Co-op/Association

  • Association Fee: 925
  • Fees Include: Street Maintenance, Water

Schools

  • Elementary School: Penn
  • Middle School: North Central
  • High School: Liberty High School
  • High School: Liberty High School
  • Jr Middle School: North Central
  • Elementary School: Penn

Lot Info

  • Acreage: 2.07
  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 11316.36
  • Assessor Parcel Number: 0708401006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Quinlan Jeffrey Duane and Jorgensen Sarah Kay
Bought by
Baxter Jeffrey and Baxter Suzanne
Current Estimated Value
$865,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,627
Outstanding Balance
$873,558
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$3,060

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jun 25, 2020
Sold by
Carpenter Martin W and Carpenter Shelly
Bought by
Quinlan Jeffrey Duane and Carpenter Shelly
Seller's Agent
Verne Folkmann
Lepic-Kroeger, REALTORS
Buyer's Agent
Rita Marcus
Blank & McCune Real Estate
List Price
$895,000
Sold Price
$830,000
Premium/Discount to List
-$65,000
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%
Original Mortgage
$859,880
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Jul 13, 2018
Sold by
Carpenter Martin W
Bought by
Carpenter Martin W and Carpenter Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2018
Sold by
Harrington Janet S and Carpenter Janel S
Bought by
Carpenter Martin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2007
Sold by
Overton Brent A and Overton Rachael A
Bought by
Tait Patrick D and Klesney Tait Julia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,754
Interest Rate
6.25%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Baxter Jeffrey $792,327 None Listed On Document
Baxter Jeffrey $792,327 None Listed On Document
Quinlan Jeffrey Duane $830,000 None Available
Carpenter Martin W -- None Available
Carpenter Martin W -- None Available
Tait Patrick D $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baxter Jeffrey $877,627
Closed Baxter Jeffrey $877,627
Previous Owner Quinlan Jeffrey D $877,627
Previous Owner Quinlan Jeffrey Duane $859,880
Previous Owner Carpenter Michelle C $64,200
Previous Owner Carpenter Michaelle C $308,000
Previous Owner Carpenter Martin W $417,000
Previous Owner Carpenter Martin W $293,000
Previous Owner Carpenter Martin W $417,000
Previous Owner Carpenter Martin W $417,000
Previous Owner Carpenter Martin W $366,750
Previous Owner Carpenter Martin W $783,750
Previous Owner Carpenter Martin W $182,250
Previous Owner Tait Patrick D $149,754
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $830,000 -3.5% $186 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $860,000 -3.9% $192 / Sq Ft
02/21/2020 02/21/20 For Sale $895,000 -- $200 / 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 -- $886,200 $185,700 $700,500
2023 -- $886,200 $185,700 $700,500
2022 $0 $784,900 $185,700 $599,200
2021 $11,072 $784,900 $185,700 $599,200
2020 $11,072 $724,600 $185,700 $538,900
2019 $11,184 $724,600 $185,700 $538,900
2018 $11,104 $731,800 $185,700 $546,100
2017 $10,876 $731,800 $185,700 $546,100
2016 $10,490 $715,900 $185,700 $530,200
2015 $10,490 $715,900 $185,700 $530,200
2014 $9,816 $587,900 $105,700 $482,200
Source: Public Records

Agents Affiliated with this Home

  • Verne Folkmann

    Seller's Agent in 2020

    Verne Folkmann

    Lepic-Kroeger, REALTORS

    (319) 331-0974

    2 in this area

    69 Total Sales

    Section Image
  • Rita Marcus

    Buyer's Agent in 2020

    Rita Marcus

    Blank & McCune Real Estate

    (319) 594-5600

    2 in this area

    78 Total Sales

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202001429

Iowa City Area Association of REALTORS®

APN: 0708401006

Iowa Johnson County North Liberty 52317

2542 Cottonwood Ct NE, North Liberty, IA

This home is located at 2542 Cottonwood Ct NE, North Liberty, IA 52317 since 21 February 2020 and is currently estimated at $876,618, approximately $196 per square foot. This property was built in 2010. 2542 Cottonwood Ct NE is a home located in Johnson County with nearby schools including Penn Elementary School, North Central Junior High School, and Liberty High School.

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.

Iowa City Area Association of REALTORS® 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.

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