NOT LISTED FOR SALE

3704 Rice Ridge Cir NE North Liberty, IA 52317

Estimated Value: $474,017 - $517,000

6 Beds
3.5 Baths
3,076 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $460,500 $150 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,064/month

30 Days on Market

Highlights

  • Living Room with Fireplace
  • Stream or River on Lot
  • Main Floor Primary Bedroom
  • Penn Elementary School Rated A-
  • Wooded Lot
  • Private Yard

About This Home

As of August 2023

6 bedroom, 3.5 bath home in a wooded neighborhood just outside of North Liberty. Super easy access to Grant Elem. School and North Liberty shopping. Located less than a mile from the Mehaffey Bridge boat launch on the Iowa River. See a peak of the Iowa River from the back deck. (Fuller view of the lake during the Fall through the Spring) Owner just finished adding two new bedrooms, one additional bathroom, and some flex space to the basement. This area also has a an additional entrance from the backyard if owner wanted to use it for an AIRBNB, a mother in law suite, or family rental space. Spacious main floor kitchen, dining, and living room with hardwood flooring. Spacious, but also feels cozy. Updated bathrooms. New dining wall shelving will stay. New kitchen sink and cabinet hardware. New storm door. Home is Zero entry from the front door and garage. "Mudroom" space in the garage. Large 2 car garage and 4 additional parking spaces outside. Hot tub, with new privacy fencing and electrical outlet run to the whirlpool patio. Backyard deck facing the lake with southern exposure. Lots of winter sunlight into the kitchen area. Large family room with a fireplace in the walkout basement. 4 bedrooms in the basement are split on two sides of the basement. (2 w/ a bath and 2 w/ a bath) Laundry in the utility room. Private yard with wooded backyard and sunshine. Pleasant neighborhood with a community well. Road Association takes care of the road maintenance, plowing, mowing common spaces, and Well. Association does a septic inspection 1x per year.

Last Agent to Sell the Property

Teresa Dodge

CENTURY 21 Signature Real Estate Listed on: 06/25/2023

CENTURY 21 Signature Real Estate

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 1976

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 97 x 145
  • Sloped Lot
  • Wooded Lot
  • Private Yard

Parking

  • 4 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Bookcases
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • Grant North Liberty 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

Additional Features

  • Stepless Entry
  • Stream or River on Lot
  • Property is near schools

Community Details

  • Rice Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0705151030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,872

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3076
  • Owner Name L F Mi: Thomas J Schmeichel, Molly Schmeichel
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Association is a Road association. Agent can provide minutes of meetings and contacts for Association. Owner removed the master closet to accommodate the large king bed. Using other main floor bedroom for clothing. Refrigerator and freezer in the garage will go with Seller unless Buyer wants to negotiate. Don't let the indoor cat out. One "outdoor cat" may be in the garage.
  • Year Built: 1976
  • Zero Step Entry: Yes
  • Tax Year Report: 2021
  • Subdivision: Rice Ridge
  • Directions: North on Mehaffey Bridge Rd to Rice Ridge. Right on Rice Ridge. When Rice Ridge makes a Y, stay to the left, home on the right.
  • L O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Close to School, Other
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout, See Renmarks
  • Fireplace Type Location: In Living Room, In LL, Gas
  • Interior R: Bookcases
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: Less than .5 Acre, Private Backyard, Sloping, Stream/Creek/River, Wooded
  • Possession R: Immediate, Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: 6 bedroom, 3.5 bath home in a wooded neighborhood just outside of North Liberty. Super easy access to Grant Elem. School and North Liberty shopping. Located less than a mile from the Mehaffey Bridge boat launch on the Iowa River. See a peak of the Iowa River from the back deck. (Fuller view of the lake during the Fall through the Spring) Owner just finished adding two new bedrooms, one additional bathroom, and some flex space to the basement. This area also has a an additional entrance from the backyard if owner wanted to use it for an AIRBNB, a mother in law suite, or family rental space. Spacious main floor kitchen, dining, and living room with hardwood flooring. Spacious, but also feels cozy. Updated bathrooms. New dining wall shelving will stay. New kitchen sink and cabinet hardware. New storm door. Home is Zero entry from the front door and garage. "Mudroom" space in the garage. Large 2 car garage and 4 additional parking spaces outside. Hot tub, with new privacy fencing and electrical outlet run to the whirlpool patio. Backyard deck facing the lake with southern exposure. Lots of winter sunlight into the kitchen area. Large family room with a fireplace in the walkout basement. 4 bedrooms in the basement are split on two sides of the basement. (2 w/ a bath and 2 w/ a bath) Laundry in the utility room. Private yard with wooded backyard and sunshine. Pleasant neighborhood with a community well. Road Association takes care of the road maintenance, plowing, mowing common spaces, and Well. Association does a septic inspection 1x per year.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 4
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1456
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 6
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1620
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: Community Well, Private Septic, 2662
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: see notes

Schools

  • Elementary School: Grant North Liberty
  • Middle School: North Central
  • High School: Liberty High School
  • High School: Liberty High School
  • Jr Middle School: North Central
  • Elementary School: Grant North Liberty

Lot Info

  • Acreage: 0.37
  • Geo Subdivision: IA
  • Lot Dimensions: 97 X 145
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 4498
  • Assessor Parcel Number: 0705151030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2023
Closed on
Aug 7, 2023
Sold by
Schmeichel Thomas J and Schmeichel Molly Jo
Bought by
Bbv Llc
Seller's Agent
Teresa Dodge
CENTURY 21 Signature Real Estate
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$476,000
Sold Price
$460,500
Premium/Discount to List
-$15,500
-3.26%
Views
20
Current Estimated Value
$498,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,254
Avg. Annual Appreciation
3.40%
Original Mortgage
$464,000
Outstanding Balance
$455,896
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$38,236

Purchase Details

Closed on
Jul 11, 2022
Sold by
Franey Morgan N and Franey Matthew
Bought by
Schmeichel Molly Jo and Schmeichel Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2018
Sold by
Coleman Merrill K
Bought by
Brady Morgan N

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jul 1, 2016
Sold by
Lobb Sharon R
Bought by
Coleman Merrill K and Brady Morgan N
Seller's Agent
Becky Conrads
Lepic-Kroeger, REALTORS
Buyer's Agent
Aaron Hill
Skogman Realty Co.
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
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
Bbv Llc $460,500 None Listed On Document
Schmeichel Molly Jo $385,000 None Listed On Document
Brady Morgan N -- None Available
Coleman Merrill K $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bbv Llc $464,000
Closed Schmeichel Thomas J $75,471
Previous Owner Schmeichel Molly Jo $38,500
Previous Owner Schmeichel Molly Jo $346,500
Previous Owner Brady Morgan $247,600
Previous Owner Brady Morgan N $246,395
Previous Owner Lobb Mark P $231,200
Previous Owner Lobb Mark P $80,000
Previous Owner Lobb Mark P $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $460,500 -3.3% $150 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
06/25/2023 06/25/23 For Sale $476,000 +76.3% $155 / Sq Ft
07/01/2016 07/01/16 Sold $270,000 -10.0% $127 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $299,900 -- $141 / 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 $4,872 $395,300 $106,200 $289,100
2023 $4,774 $370,700 $106,200 $264,500
2022 $4,498 $307,800 $100,600 $207,200
2021 $4,362 $307,800 $100,600 $207,200
2020 $4,362 $285,500 $78,300 $207,200
2019 $4,198 $285,500 $78,300 $207,200
2018 $4,120 $271,500 $78,300 $193,200
2017 $4,120 $271,500 $78,300 $193,200
2016 $3,768 $265,900 $78,300 $187,600
2015 $3,768 $265,900 $78,300 $187,600
2014 $3,576 $229,600 $55,900 $173,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202303405

Iowa City Area Association of REALTORS®

APN: 0705151030