NOT LISTED FOR SALE

3575 540th St SW Riverside, IA 52327

Estimated Value: $442,000 - $608,000

4 Beds
2 Baths
1,484 Sq Ft
$336/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $456,000 $307 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,050/month

9 Days on Market

Highlights

  • Docks
  • Waterfront
  • Pond
  • West High School Rated A
  • Community Lake
  • Solarium

About This Home

As of August 2022

Situated on a serene and private 9.5 acre lot just minutes south of Iowa City, this 4 BR 2 BA home enjoys peaceful views of nature from every window. You will love the bright natural light throughout the home, including the 3 seasons room which overlooks the backyard & woodshop. The unfinished basement offers plenty of room to expand to fit your needs. The fully stocked pond with a dock gives you the chance to fish or kayak right from your door! The newer, heated 36 x 48 steel building is a huge bonus with three overhead garage bays large enough for an RV and also includes a finished "man cave" with attached 1/2 bath. Don't miss this opportunity for country living at it's best but located just minutes from everything you might need. Located in Johnson County with a Riverside address and within Iowa City Community School District boundaries. Home to be sold "as is".

Last Agent to Sell the Property

Daphne Patton

Urban Acres Real Estate Corridor Listed on: 06/29/2022

Urban Acres Real Estate Corridor

Last Buyer's Agent

Daphne Patton

Urban Acres Real Estate Corridor Listed on: 06/29/2022

Urban Acres Real Estate Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,880

Year Built

  • Built in 1975

Lot Details

  • 9.5 Acre Lot
  • Waterfront
  • Level Lot
  • Open Lot
  • Private Yard
  • Garden

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,484 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Solarium
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Country Kitchen
  • Breakfast Room
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathroom Rough-In

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement
  • Stubbed For A Bathroom

Outdoor Features

  • Docks
  • Pond
  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

  • Hills Elementary School
  • Northwest Middle School
  • West High School

Utilities

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

Community Details

  • Community Lake
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 1519476001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,880

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1484
  • Homebuilder: Unknown
  • Owner Name L F Mi: Jennings, Pamela
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Year Built: 1975
  • Tax Year Report: 2020
  • Directions: 218 to Hills exit. Turn right onto Observatory Rd. Right on 540th St.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Lake
  • Basement Remarks: Bath Stubbed, Sump Pump, Full, Unfinished
  • Fireplace Type Location: In Living Room, Electric
  • Interior R: Cable Available, Pull Down Attic Stairs
  • Kitchen Breakfast R: Breakfast Area, Breakfast Room, Country Kitchen, Island, Kit/Dining Rm Comb
  • Lot Description R: 5+ Acres, Dock or Dock Rights, Greenbelt, Level, Open Land, Pond, Private Backyard, Waterfront
  • Possession R: Immediate, Negotiable, At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story, 2661
  • Remarks2: Situated on a serene and private 9.5 acre lot just minutes south of Iowa City, this 4 BR 2 BA home enjoys peaceful views of nature from every window. You will love the bright natural light throughout the home, including the 3 seasons room which overlooks the backyard & woodshop. The unfinished basement offers plenty of room to expand to fit your needs. The fully stocked pond with a dock gives you the chance to fish or kayak right from your door! The newer, heated 36 x 48 steel building is a huge bonus with three overhead garage bays large enough for an RV and also includes a finished "man cave" with attached 1/2 bath. Don't miss this opportunity for country living at it's best but located just minutes from everything you might need. Located in Johnson County with a Riverside address and within Iowa City Community School District boundaries. Home to be sold "as is".
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 4
  • Sq Ft Above: 1484
  • Total Full Baths: 2
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

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

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Hills
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Hills

Lot Info

  • Acreage: 9.5
  • Geo Subdivision: IA
  • Lot Dimensions: irr
  • Zoning: res

Tax Info

  • Gross Tax County City: 4526.15
  • Assessor Parcel Number: 1519476001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 2, 2022
Sold by
Jennings Pamela R
Bought by
Varner Alyssa J and Petersen Isaac Tm
Seller's Agent
Daphne Patton
Urban Acres Real Estate Corridor
Buyer's Agent
Daphne Patton
Urban Acres Real Estate Corridor
List Price
$500,000
Sold Price
$456,000
Premium/Discount to List
-$44,000
-8.8%
Current Estimated Value
$498,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,568
Avg. Annual Appreciation
2.84%
Original Mortgage
$302,940
Outstanding Balance
$255,985
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$242,583
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
Varner Alyssa J $456,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varner Alyssa J $302,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $456,000 -8.8% $307 / Sq Ft
06/29/2022 06/29/22 For Sale $500,000 -- $337 / 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 $4,880 $375,700 $134,500 $241,200
2023 $4,604 $375,700 $134,500 $241,200
2022 $4,334 $309,200 $106,800 $202,400
2021 $4,396 $309,200 $106,800 $202,400
2020 $4,396 $299,600 $106,800 $192,800
2019 $4,182 $298,900 $106,800 $192,100
2018 $4,104 $280,900 $106,800 $174,100
2017 $4,054 $280,900 $106,800 $174,100
2016 $3,878 $275,800 $106,800 $169,000
2015 $3,878 $275,800 $106,800 $169,000
2014 $3,672 $260,300 $97,500 $162,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202203821

Iowa City Area Association of REALTORS®

APN: 1519476001