NOT LISTED FOR SALE

2926 Meadow Cir NE Iowa City, IA 52240

Estimated Value: $533,000 - $580,480

5 Beds
3 Baths
2,833 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $552,000 $195 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,613/month

29 Days on Market

Highlights

  • 1.13 Acre Lot
  • Deck
  • Pond
  • Liberty High School Rated A
  • Wood Burning Stove
  • Great Room with Fireplace

About This Home

As of July 2023

5 bedroom 3 bath walkout ranch on a gorgeous 1.13 acre wooded lot. So close to town, yet feels like a refuge and sanctuary away from the hectic pace of life. From the foyer entrance, you cant miss the 10 ft ceilings throughout the large great room with a gas fireplace and separate dining area. The eat-in kitchen features so much to love with plentiful cabinets. Laundry room by the garage offers a deep laundry sink. Extending from the Kitchen area is an amazing screen porch overlooking a patio and bonfire area, garden area and wonderful back yard. Enjoy the wildlife: deer, foxes, raccoons, owls, eagles, etc. Back inside you will find an Owners Suite featuring a large whirlpool tub and separate shower. The walk-out LL features a family room with wood burning stove, for a warm winter escape. The large family area also allows for an office space along with the wet bar, great for entertaining. Three bedrooms up, and two additional in the LL. BTW, this home has Storage Storage, Storage, mechanical room with a shop in the basement as well. Did I say Storage? Wow! Oversized 2 car Garage plus LL Garden room for all your outdoor equipment. Enjoy a walk through the ravine to the reservoir. But as a member of the Meadows Home Owners Association, you Must Experience the common area. A short 1 block walk for an unforgettable picnic or for watching the sunset over the serene pond and 26 acres of shared recreational woods with exclusive access reserved only for Meadow Association owners.   Enjoy a Walk or run on the trails within walking distance, as is the Fossil Gorge, campground, and Dam spillway (fishing, hiking, pelicans in the spring!??)is the most ideal setting for the nature-lover.

Last Agent to Sell the Property

Jeff Tackaberry

NextHome Navigator Listed on: 05/11/2023

NextHome Navigator

Last Buyer's Agent

Mark Kamps

Edge Realty Group

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,326

Year Built

  • Built in 1995

Lot Details

  • 1.13 Acre Lot
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Garden

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Stove
  • Factory Built Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Screened Porch

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Whirlpool Bathtub

Laundry

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

Finished Basement

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

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Separate Outdoor Workshop

Location

  • Property is near schools

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Community Well
  • Private or Community Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include garbage pickup, grounds maintenance, reserve fund, street maintenance, water
  • Built by Jeff Miller
  • Lake Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0721426001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,326

Year Built

Built in 1995

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2833
  • Homebuilder: Jeff Miller
  • Owner Name L F Mi: Hansen
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Reserved Items: Freezers in the garage. black cabinets, tool and bike racks in garage. small garden fountain in back, small shed on side of home and garden storage box. Owner is planning on leaving the desk in the shop area of the basement. Buyer is responsible for one time $900 new member HOA Fee. Water is metered to each home from community well and billed quarterly. About $100-$125 each Quarter estimated cost with a family of 4-5. Seller is willing to credit $500 to buyers to repair the whirlpool jet motor that recently went out. This must be stated in the purchase contract as a part of the negotiated price.
  • Year Built: 1995
  • Tax Year Report: 2021
  • Subdivision: Lake Pointe
  • Directions: From Dubuque St., go East on W. Overlook Rd. NE, Take your first left onto Lake Pointe Rd NE. Home is the 2nd home on the right. Meadow Circle is the address as the home intersects at both Lake Pointe Rd and Meadow Circle.
  • Aging In Place Form: No
  • Amenities: Neighborhood Assoc., Close to School, Other
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room, In Living Room, In LL, Factory Built, Gas, Wood Burning Stove, Electric
  • Interior R: Cable Available, Ceiling-9+ ft, Ceilings-Trey, Foyer-Entrance, Wet Bar, Whirlpool
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Breakfast Room
  • Lot Description R: 1-2 Acres, Level, Pond, Private Backyard, Wooded
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story, 2661
  • Remarks2: 5 bedroom 3 bath walkout ranch on a gorgeous 1.13 acre wooded lot. So close to town, yet feels like a refuge and sanctuary away from the hectic pace of life. From the foyer entrance, you cant miss the 10 ft ceilings throughout the large great room with a gas fireplace and separate dining area. The eat-in kitchen features so much to love with plentiful cabinets. Laundry room by the garage offers a deep laundry sink. Extending from the Kitchen area is an amazing screen porch overlooking a patio and bonfire area, garden area and wonderful back yard. Enjoy the wildlife: deer, foxes, raccoons, owls, eagles, etc. Back inside you will find an Owners Suite featuring a large whirlpool tub and separate shower. The walk-out LL features a family room with wood burning stove, for a warm winter escape. The large family area also allows for an office space along with the wet bar, great for entertaining. Three bedrooms up, and two additional in the LL. BTW, this home has Storage Storage, Storage, mechanical room with a shop in the basement as well. Did I say Storage? Wow! Oversized 2 car Garage plus LL Garden room for all your outdoor equipment. Enjoy a walk through the ravine to the reservoir. But as a member of the Meadows Home Owners Association, you Must Experience the common area. A short 1 block walk for an unforgettable picnic or for watching the sunset over the serene pond and 26 acres of shared recreational woods with exclusive access reserved only for Meadow Association owners.   Enjoy a Walk or run on the trails within walking distance, as is the Fossil Gorge, campground, and Dam spillway (fishing, hiking, pelicans in the spring!??)is the most ideal setting for the nature-lover.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1779
  • Total Full Baths: 3
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1054
  • Laundry Location: Laundry Room, 1st Floor, Kitchen Area, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 13
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Garden Area, Patio, Screen Porch, Workshop

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Community Well, Private Septic
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 2000
  • Fees Include: Garbage Pickup, Grounds Maintenance, Reserve Fund, 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: 1.13
  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: Residential-Single Family

Tax Info

  • Gross Tax County City: 5270
  • Assessor Parcel Number: 0721426001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 19, 2023
Sold by
Hansen Paul D and Hansen Amy M
Bought by
Rector Mark A and Rector Julie L
Seller's Agent
Jeff Tackaberry
NextHome Navigator
Buyer's Agent
Mark Kamps
Edge Realty Group
List Price
$524,900
Sold Price
$552,000
Premium/Discount to List
$27,100
5.16%
Views
43
Current Estimated Value
$555,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,370
Avg. Annual Appreciation
-0.25%
Original Mortgage
$1,000,000
Outstanding Balance
$876,028
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$326,898
Source: Public Records

Range of Values:

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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
Rector Mark A $552,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rector Mark A $1,000,000
Previous Owner Hansen Paul D $75,000
Previous Owner Hansen Paul D $189,000
Previous Owner Hansen Paul D $25,000
Previous Owner Hansen Paul D $190,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $552,000 +5.2% $195 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $524,900 -- $185 / 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 $5,326 $413,500 $102,600 $310,900
2023 $5,456 $404,200 $102,600 $301,600
2022 $5,140 $360,700 $102,600 $258,100
2021 $5,182 $360,700 $102,600 $258,100
2020 $5,182 $347,800 $102,600 $245,200
2019 $5,030 $346,500 $101,300 $245,200
2018 $4,932 $333,800 $101,300 $232,500
2017 $4,932 $333,800 $101,300 $232,500
2016 $5,418 $327,000 $101,300 $225,700
2015 $5,418 $378,500 $127,600 $250,900
2014 $5,528 $324,500 $67,300 $257,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202302604

Iowa City Area Association of REALTORS®

APN: 0721426001