NOT LISTED FOR SALE

2980 Oliver Ln NE Iowa City, IA 52240

Estimated Value: $996,000 - $1,208,000

4 Beds
3.5 Baths
4,202 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $755,000 $180 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,815/month

61 Days on Market

Highlights

  • 1.09 Acre Lot
  • Great Room with Fireplace
  • Main Floor Primary Bedroom
  • Liberty High School Rated A
  • Vaulted Ceiling
  • Den

About This Home

As of August 2017

STRIKING CLASSIC, Pine Forest Estates Acreage w/ charming exterior stone facade and luxurious interior ambience including marble flooring, wide painted moldings and dramatic ceiling height. Gathering spaces on the main floor include living room with fireplace, open formal dining room, spacious eat-in kitchen & sunroom. Floor-to-ceiling windows allow for unobstructed views and glorious natural light. The newly added outside flagstone patio w/ grill is a sensational entertaining area & extension of the home. Spacious main floor master bedroom suite and 1st floor laundry/ mudroom allow for easy living and comfort. Expansive unfinished area in lower level is ready for bath, bedrooms and bonus area. Excellent Iowa City area with close proximity to town, campus and Interstate. Projected to be in district of newest high school.

Last Agent to Sell the Property

Lynn Weinstein

BLANK AND MCCUNE, THE REAL ESTATE COMPANY, LLC Listed on: 03/17/2017

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,589

Year Built

  • 2004

Lot Details

  • 1.09 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • 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

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Built by Lighthouse Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,589

Year Built

2004

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Style: 2 Stories
  • Acres: 1.0900
  • Above Grade Finished Sq Ft: 3682
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • City Name: Iowa City
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 9589
  • List User Cell Phone: 319-400-0355
  • Low Lvl Fin Sq Ft: 520
  • Miscellaneous: Cable Ready, Patio, Vaulted Ceiling
  • Net Tax: 9462
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94969
  • Ratio Close Price By Original Li: 0.91515
  • Ratio Current Price By Sq Ft: 205.05
  • Total Sq Ft: 4202
  • Water Sewer Roads: Community Well, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, 4 Seasons, Den/Study, Great Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Gas, Great Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac, In-Town Acrg

Exterior Features

  • Construction Methods: Frame
  • Exterior: Cement Board, Partial Stone

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 800
  • Association: Yes

Schools

  • Elementary School: Lincoln
  • Middle School: Northwest
  • High School: City

Lot Info

  • Lot Size: 1.09 Acre

Building Info

  • Builder Name: Lighthouse Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Aug 23, 2017
Sold by
Jodi Connolly
Bought by
Westermann Robert and Westermann Elizabeth
Seller's Agent
Lynn Weinstein
BLANK AND MCCUNE, THE REAL ESTATE COMPANY, LLC
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$825,000
Sold Price
$755,000
Premium/Discount to List
-$70,000
-8.48%
Current Estimated Value
$1,077,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,533
Avg. Annual Appreciation
4.41%
Original Mortgage
$679,500
Outstanding Balance
$565,916
Interest Rate
3.89%
Estimated Equity
$511,617
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
Westermann Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westermann Robert $679,500
Closed Westermann Robert --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2017 08/01/17 Sold $755,000 -8.5% $180 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $825,000 -- $196 / 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
2025 $12,624 $1,008,800 $151,800 $857,000
2024 $12,488 $933,700 $151,800 $781,900
2023 $13,014 $933,700 $151,800 $781,900
2022 $12,134 $848,100 $151,800 $696,300
2021 $10,180 $839,500 $151,800 $687,700
2020 $10,180 $674,800 $151,800 $523,000
2019 $10,222 $674,800 $151,800 $523,000
2018 $10,026 $669,500 $151,800 $517,700
2017 $9,814 $669,500 $151,800 $517,700
2016 $9,462 $654,400 $151,800 $502,600
2015 $9,462 $654,400 $151,800 $502,600
2014 $9,592 $620,500 $110,900 $509,600
Source: Public Records

Agents Affiliated with this Home

  • Lynn Weinstein

    Seller's Agent in 2017

    Lynn Weinstein

    BLANK AND MCCUNE, THE REAL ESTATE COMPANY, LLC

    (319) 400-0355

    55 in this area

    234 Total Sales

    Lynn Weinstein
    Section Image

  • D

    Buyer's Agent in 2017

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    350 in this area

    4,993 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1703038

Cedar Rapids Area Association of REALTORS®

APN: 0721458007

Iowa Johnson County Iowa City 52240

2980 Oliver Ln NE, Iowa City, IA

This home is located at 2980 Oliver Ln NE, Iowa City, IA 52240 since 17 March 2017 and is currently estimated at $1,077,533, approximately $256 per square foot. This property was built in 2004. 2980 Oliver Ln NE is a home located in Johnson County with nearby schools including Lincoln Elementary School, Northwest 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.

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