NOT LISTED FOR SALE

3 Cherry Ln NE Iowa City, IA 52240

Estimated Value: $649,000 - $766,000

4 Beds
4 Baths
3,636 Sq Ft
$194/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $460,000 $127 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,607/month

147 Days on Market

Highlights

  • 1.85 Acre Lot
  • Deck
  • Great Room
  • Liberty High School Rated A
  • Recreation Room
  • Den

About This Home

As of September 2017

This property has something for everyone. Spacious main floor includes an updated kitchen with full size stainless fridge and full freezer and is open to a great room lined with patio doors that overlook a private yard. Formal living, dining room and large office space. Hardwood floors throughout the main and upper level. Newly remodeled master and second bath in the upper level. Walkout LL features a second kitchen, family room, huge workshop. Large storage room. Bath features a whirlpool tub and a 5th bedroom could easily be created in workshop area. Workshop has exterior door, so garden room is an option. Newer Geothermal cooling and heating systems, with dual zoned and Nest control keeps utilities very low. Radon System installed and full home inspection attached. Large lots includes wooded area and beautiful flower gardens. Spacious deck and patio. This home is perfect for a multi-generational family, entertaining and so much more! Home owners association also has large green space for common use, with great hills for winter fun! PLEASE CONTACT LISTING AGENT FOR ADDITIONAL HOA INFORMATION. NEW ROOF INSTALLED FEB 2017 WITH 50 YEAR TRANSFERABLE WARRANTY

Last Agent to Sell the Property

Monica Hayes

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 03/03/2017

LEPIC-KROEGER CORRIDOR, REALTORS

Last Buyer's Agent

Tracy Adams

Edge Realty Group, Inc

Edge Realty Group, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,914

Year Built

  • 1988

Lot Details

  • 1.85 Acre Lot

HOA Fees

  • $219 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Geothermal Heating and Cooling
  • Community Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,914

Year Built

1988

Lot Details

0

HOA Fees

$219 per month

Listing Details

  • Style: 2 Stories
  • Acres: 1.8500
  • Above Grade Finished Sq Ft: 2665
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • City Name: Iowa City
  • Dining Features: Formal Dining
  • Gross Tax: 6914
  • List User Cell Phone: 319-325-8659
  • Low Lvl Fin Sq Ft: 971
  • Miscellaneous: Cable Ready, Deck, Patio
  • Net Tax: 6914
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94845
  • Ratio Close Price By Original Li: 0.94845
  • Ratio Current Price By Sq Ft: 172.61
  • Total Sq Ft: 3636
  • Water Sewer Roads: Community Well, Septic System
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: Den/Study, Great Room, Living Room, Rec Room
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 4
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Family Room, Living Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 9

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Geothermal, Zoned Heating/Cooling

Condo/Co-op/Association

  • Association Fee: 2630
  • Association: Yes

Schools

  • Elementary School: Lincoln
  • Middle School: North Central
  • High School: Liberty

Lot Info

  • Lot Size: 1.85 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Sep 22, 2017
Sold by
Lindower Julie B and Lindower Paul D
Bought by
Wellington Melanie A and Marini Michael F
Seller's Agent
Monica Hayes
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Tracy Adams
Edge Realty Group, Inc
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%
Current Estimated Value
$705,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,897
Avg. Annual Appreciation
5.44%
Original Mortgage
$391,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Wellington Melanie A $460,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wellington Melanie A $391,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $460,000 -5.2% $127 / Sq Ft
03/03/2017 03/03/17 For Sale $485,000 -- $133 / 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 $7,886 $627,300 $142,000 $485,300
2024 $7,800 $587,100 $142,000 $445,100
2023 $7,230 $587,100 $142,000 $445,100
2022 $6,810 $475,100 $117,000 $358,100
2021 $6,840 $475,100 $117,000 $358,100
2020 $6,840 $456,300 $117,000 $339,300
2019 $7,062 $456,300 $117,000 $339,300
2018 $7,060 $465,200 $117,000 $348,200
2017 $7,060 $465,200 $117,000 $348,200
2016 $6,668 $455,100 $117,000 $338,100
2015 $6,668 $455,100 $117,000 $338,100
2014 $6,284 $385,000 $74,500 $310,500
Source: Public Records

Agents Affiliated with this Home

  • Monica Hayes

    Seller's Agent in 2017

    Monica Hayes

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 519-0569

    93 in this area

    675 Total Sales

    Monica Hayes
    Section Image

  • T

    Buyer's Agent in 2017

    Tracy Adams

    Edge Realty Group, Inc

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1702587

Cedar Rapids Area Association of REALTORS®

APN: 0728201018

Iowa Johnson County Iowa City 52240

3 Cherry Ln NE, Iowa City, IA

This home is located at 3 Cherry Ln NE, Iowa City, IA 52240 since 03 March 2017 and is currently estimated at $705,897, approximately $194 per square foot. This property was built in 1988. 3 Cherry 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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