NOT LISTED FOR SALE

2916 Highway 1 NE Iowa City, IA 52240

Estimated Value: $773,000 - $1,088,749

4 Beds
3.5 Baths
4,676 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $1,000,000 $214 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,084/month

2 Days on Market

Highlights

  • 21 Acre Lot
  • Deck
  • Main Floor Primary Bedroom
  • Bohumil Shimek Elementary School Rated A-
  • Living Room with Fireplace
  • Formal Dining Room

About This Home

As of May 2017

IDYLLIC COUNTRY LIVING . Custom, all-brick two story home surrounded by 21 acres of pastoral land including stocked pond and barn. The distinctive white split-rail fencing and extended driveway create a welcoming ambience. One-family owned home, built with quality materials including cherry crown molding, solid cherry doors, 9" cherry base and Andersen windows.Designed for comfort and entertaining, the thoughtful floor plan offers generously-sized rooms with 9' ceilings, main floor master suite with views, 1st floor study, formal living and dining rooms, great room, spacious kitchen and walk-out lower level family room. The 3 seasons room provides wonderful entertaining area with access to property. The horse barn has electricity, hay loft, water with heater, adjoining paddocks & electric fence. Special property in the IC school district and just 10-12 minutes to downtown IC.

Last Agent to Sell the Property

Lynn Weinstein

BLANK AND MCCUNE, THE REAL ESTATE COMPANY, LLC Listed on: 04/05/2017

Last Buyer's Agent

Lynn Weinstein

BLANK AND MCCUNE, THE REAL ESTATE COMPANY, LLC Listed on: 04/05/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,392

Year Built

  • 1997

Lot Details

  • 21 Acre Lot
  • Fenced

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Water Softener is Owned
  • Septic System

Community Details

  • Built by Strebral

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,392

Year Built

1997

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 21.0000
  • Above Grade Finished Sq Ft: 3606
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • City Name: Iowa City
  • Dining Features: Formal Dining
  • Gross Tax: 11392
  • List User Cell Phone: 319-400-0355
  • Low Lvl Fin Sq Ft: 1070
  • Miscellaneous: Deck, Fencing
  • Net Tax: 11392
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.81633
  • Ratio Close Price By Original Li: 0.81633
  • Ratio Current Price By Sq Ft: 277.32
  • Total Sq Ft: 4676
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Softener - Own
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 4 Seasons, Living Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Gas, Living Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 26X32

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat, Zoned Heating/Cooling

Schools

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

Lot Info

  • Lot Size: 21 Acres

Building Info

  • Builder Name: Strebral

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 30, 2017
Sold by
Sue Gordon
Bought by
Adam Matthew and Adam Anne
Seller's Agent
Lynn Weinstein
BLANK AND MCCUNE, THE REAL ESTATE COMPANY, LLC
Buyer's Agent
Lynn Weinstein
BLANK AND MCCUNE, THE REAL ESTATE COMPANY, LLC
List Price
$1,225,000
Sold Price
$1,000,000
Premium/Discount to List
-$225,000
-18.37%
Current Estimated Value
$959,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,063
Avg. Annual Appreciation
-0.49%
Original Mortgage
$424,100
Outstanding Balance
$352,084
Interest Rate
3.95%
Estimated Equity
$607,853
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
Adam Matthew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adam Matthew $424,100
Closed Adam Matthew --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $1,000,000 -18.4% $214 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $1,225,000 -- $262 / 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 $11,942 $894,200 $189,300 $704,900
2023 $11,814 $894,200 $189,300 $704,900
2022 $11,128 $771,100 $189,300 $581,800
2021 $11,424 $771,100 $189,300 $581,800
2020 $11,424 $757,300 $175,500 $581,800
2019 $11,510 $757,300 $175,500 $581,800
2018 $11,294 $752,600 $175,500 $577,100
2017 $10,984 $752,600 $175,500 $577,100
2016 $10,088 $735,800 $175,500 $560,300
2015 $10,088 $701,800 $175,500 $526,300
2014 $9,500 $658,900 $175,500 $483,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1703527

Cedar Rapids Area Association of REALTORS®

APN: 0819302002