NOT LISTED FOR SALE

3714 Cottage Reserve Rd NE Solon, IA 52333

Estimated Value: $416,000 - $602,000

3 Beds
2 Baths
2,030 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $485,000 $239 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,350/month

11 Days on Market

Highlights

  • Docks
  • Community Lake
  • Main Floor Primary Bedroom
  • Solon Middle School Rated A-
  • Deck
  • Bonus Room

About This Home

As of September 2023

Rare Find with this Updated 3 Bedroom 2 Bath Walkout Cottage home off of Lake McBride. Make this your full-time home or an amazing get away. Large 500 sqft deck off the back of the home with views of the lake. 300 sqft screen porch under the deck. Large storage shed. Home comes with Docs rights and a doc on lake. Updates include - New LVP through the main level, new trim throughout, new paint, new carpet. Roof was new in the last 5 years. New furnace is 2023.

Last Agent to Sell the Property

Matthew Lepic

Lepic-Kroeger, REALTORS Listed on: 08/03/2023

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Megan Albright

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,758

Year Built

  • Built in 1938

Lot Details

  • Lot Dimensions are 60x136

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

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

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Docks
  • Deck

Schools

  • Solon Elementary And Middle School
  • Solon High School

Utilities

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

Community Details

  • Association fees include reserve fund, street maintenance, water
  • Cottage Reserve Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 0229431016

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,758

Year Built

Built in 1938

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2030
  • Homebuilder: UK
  • Owner Name L F Mi: Matnic, LLC
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Owners are Licensed Real Estate Agents in the State of Iowa. Buyer to Cooperate with the Sellers 1031 Tax Free Exchange
  • Year Built: 1938
  • Tax Year Report: 2022
  • Subdivision: Cottage Reserve
  • Directions: Mehaffey Bridge Rd to Cottage Reserve Rd, Drive in to shared road on peninsula, home is on the left.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Lake, Neighborhood Assoc.
  • Basement Remarks: Sump Pump, Finished, Walkout
  • Fireplace Type Location: Other, Wood Burning
  • Interior R: Cable Available, Ceiling-9+ ft
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Pantry
  • Lot Description R: Less than .5 Acre, Dock or Dock Rights
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: Rare Find with this Updated 3 Bedroom 2 Bath Walkout Cottage home off of Lake McBride. Make this your full-time home or an amazing get away. Large 500 sqft deck off the back of the home with views of the lake. 300 sqft screen porch under the deck. Large storage shed. Home comes with Docs rights and a doc on lake. Updates include - New LVP through the main level, new trim throughout, new paint, new carpet. Roof was new in the last 5 years. New furnace is 2023.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1344
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 686
  • Laundry Location: Laundry Room, 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: Deck

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: $205/month
  • Fees Include: Reserve Fund, Street Maintenance, Water

Schools

  • Elementary School: Solon
  • Middle School: Solon
  • High School: Solon
  • High School: Solon
  • Jr Middle School: Solon
  • Elementary School: Solon

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 60X136
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 4164
  • Assessor Parcel Number: 0229431016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 25, 2023
Sold by
Matnic Llc
Bought by
Dentino Valia
Seller's Agent
Matthew Lepic
Lepic-Kroeger, REALTORS
Buyer's Agent
Megan Albright
Lepic-Kroeger, REALTORS
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Views
87
Current Estimated Value
$496,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,134
Avg. Annual Appreciation
1.25%

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jun 18, 2020
Sold by
Tomblin James Bruce and Tomblin Linda
Bought by
Matnic Llc
Seller's Agent
Kari Juhl
Lepic-Kroeger, REALTORS
Buyer's Agent
Matthew Lepic
Lepic-Kroeger, REALTORS
List Price
$365,000
Sold Price
$330,000
Premium/Discount to List
-$35,000
-9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%
Original Mortgage
$355,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 26, 2007
Sold by
Koch Bryan A and Koch Noelle L
Bought by
Tomblin James Bruce and Tomblin Linda
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
Dentino Valia $485,000 None Listed On Document
Matnic Llc $330,000 None Available
Tomblin James Bruce $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matnic Llc $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $485,000 -7.6% $239 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $525,000 +59.1% $259 / Sq Ft
06/19/2020 06/19/20 Sold $330,000 -9.6% $163 / Sq Ft
03/18/2020 03/18/20 For Sale $365,000 -- $180 / 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 $4,758 $357,900 $117,000 $240,900
2023 $4,740 $357,900 $117,000 $240,900
2022 $4,164 $304,600 $117,000 $187,600
2021 $3,926 $270,600 $117,000 $153,600
2020 $3,926 $243,300 $116,400 $126,900
2019 $3,972 $243,300 $116,400 $126,900
2018 $3,888 $243,000 $116,400 $126,600
2017 $3,956 $243,000 $116,400 $126,600
2016 $3,798 $239,300 $116,400 $122,900
2015 $3,798 $239,300 $116,400 $122,900
2014 $3,678 $229,500 $116,400 $113,100
Source: Public Records

Agents Affiliated with this Home

  • Matthew Lepic

    Seller's Agent in 2023

    Matthew Lepic

    Lepic-Kroeger, REALTORS

    (319) 321-7199

    614 Total Sales

    Matthew Lepic
    Section Image

  • M

    Buyer's Agent in 2023

    Megan Albright

    Lepic-Kroeger, REALTORS

    (319) 325-4306

    4 Total Sales

    Megan Albright
    Section Image
  • Kari Juhl

    Seller's Agent in 2020

    Kari Juhl

    Lepic-Kroeger, REALTORS

    (319) 541-3178

    467 Total Sales

    Kari Juhl
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202304168

Iowa City Area Association of REALTORS®

APN: 0229431016

Iowa Johnson County Solon 52333

3714 Cottage Reserve Rd NE, Solon, IA

This home is located at 3714 Cottage Reserve Rd NE, Solon, IA 52333 since 03 August 2023 and is currently estimated at $496,134, approximately $244 per square foot. This property was built in 1938. 3714 Cottage Reserve Rd NE is a home located in Johnson County with nearby schools including Lakeview Elementary School, Solon Middle School, and Solon 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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