NOT LISTED FOR SALE

3782 Cottage Reserve Rd NE Solon, IA 52333

Estimated Value: $909,076 - $1,033,000

4 Beds
3 Baths
3,386 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $870,000 $257 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,747/month

91 Days on Market

Highlights

  • Docks
  • Greenhouse
  • Community Lake
  • Solon Middle School Rated A-
  • Waterfront
  • Deck

About This Home

As of September 2023

Welcome home to your stunning lake front oasis in the highly sought after Cottage Reserve Development! With over 3,300 square feet, this 4-bedroom 3-bathroom home offers so much character and an abundance of potential. Step inside and immediate appreciate the beautiful original oak floors in the living and dining room. Spacious 4 seasons room off of the kitchen with an attached deck/patio offering stunning views. Upstairs your will find the sun-drenched primary suite with floor to ceiling picturesque views of the lake. This primary suite includes a walk-in closet, private porch area, office with built-in shelves and large desk/workspace as well as a private bath just down the stairs with relaxing soaking tub, tile shower and plenty of storage for linens. Walk out lower level provides additional living room space, bedroom, bathroom, laundry and storage! This master gardeners retreat comes complete with numerous perennials, sour and sweet cherry trees, concord grape vines, pear trees, and black raspberries and leads to your own private dock replaced just 2 short years ago. Don't miss the opportunity to make this highly sought after lake front house your new home!

Last Agent to Sell the Property

Kari Juhl

Lepic-Kroeger, REALTORS Listed on: 06/23/2023

Lepic-Kroeger, REALTORS

Co-Listed By

Matthew Lepic

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Matthew Lepic

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,798

Year Built

  • Built in 1958

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 83x187
  • Waterfront

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Outdoor Features

  • Docks
  • Deck
  • Greenhouse
  • Separate Outdoor Workshop

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0229401010

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,798

Year Built

Built in 1958

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3386
  • Homebuilder: UK
  • Owner Name L F Mi: Light and Light-McGroary
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: *Home is being sold as is, buyers are welcome to request inspections, but seller will not make any repairs. Association startup fee is $2,500
  • T Val: 870000
  • Year Built: 1958
  • Tax Year Report: 2021
  • Subdivision: Cottage Reserve
  • Directions: Mehaffey Bridge Rd to Cottage Reserve Rd, Drive in to shared road on peninsula, home is on the right hand side.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Lake, Neighborhood Assoc., Street Lights
  • Basement Remarks: Finished, Walkout
  • Fireplace Type Location: Gas, Wood Burning
  • Interior R: Bookcases, Vaulted Ceiling
  • Kitchen Breakfast R: Breakfast Area, Other
  • Lot Description R: Less than .5 Acre, Dock or Dock Rights, Waterfront
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Welcome home to your stunning lake front oasis in the highly sought after Cottage Reserve Development! With over 3,300 square feet, this 4-bedroom 3-bathroom home offers so much character and an abundance of potential. Step inside and immediate appreciate the beautiful original oak floors in the living and dining room. Spacious 4 seasons room off of the kitchen with an attached deck/patio offering stunning views. Upstairs your will find the sun-drenched primary suite with floor to ceiling picturesque views of the lake. This primary suite includes a walk-in closet, private porch area, office with built-in shelves and large desk/workspace as well as a private bath just down the stairs with relaxing soaking tub, tile shower and plenty of storage for linens. Walk out lower level provides additional living room space, bedroom, bathroom, laundry and storage! This master gardeners retreat comes complete with numerous perennials, sour and sweet cherry trees, concord grape vines, pear trees, and black raspberries and leads to your own private dock replaced just 2 short years ago. Don't miss the opportunity to make this highly sought after lake front house your new home!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Wall Oven, Range/Oven, Refrigerator
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 2506
  • Total Full Baths: 3
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 880
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Upper
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Greenhouse, Workshop

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2220
  • Fees Include: Sewer, 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: 0.35
  • Geo Subdivision: IA
  • Lot Dimensions: 83X187
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 11249.21
  • Assessor Parcel Number: 0229401010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Sep 18, 2023
Sold by
Light Timothy D and Kelly Ann
Bought by
Ruggiero Shelly A and Ruggiero Peter J
Seller's Agent
Kari Juhl
Lepic-Kroeger, REALTORS
Buyer's Agent
Matthew Lepic
Lepic-Kroeger, REALTORS
List Price
$1,095,000
Sold Price
$870,000
Premium/Discount to List
-$225,000
-20.55%
Views
159
Current Estimated Value
$973,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,269
Avg. Annual Appreciation
6.11%
Original Mortgage
$670,000
Outstanding Balance
$658,036
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$315,233

Purchase Details

Closed on
Jun 7, 2011
Sold by
Lynch Nancy A
Bought by
Light Timothy D and Light Mcgroary Kelly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,526
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2011
Sold by
Lynch Nancy A
Bought by
Lynch Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,526
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Lynch Nancy A
Bought by
Light Timothy D and Light Mcgroary Kelly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,526
Interest Rate
4%
Mortgage Type
New Conventional
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
Ruggiero Shelly A $870,000 None Listed On Document
Light Timothy D -- None Available
Lynch Nancy A -- None Available
Light Timothy D $616,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruggiero Shelly A $670,000
Previous Owner Light Timothy D $485,000
Previous Owner Light Timothy D $484,350
Previous Owner Light Timothy D $22,000
Previous Owner Light Timothy D $55,500
Previous Owner Light Timothy D $607,500
Previous Owner Light Timothy D $33,750
Previous Owner Light Timothy D $554,526
Previous Owner Lynch Nancy A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $870,000 -12.6% $257 / Sq Ft
08/16/2023 08/16/23 Price Changed $995,000 -9.1% $294 / Sq Ft
06/23/2023 06/23/23 For Sale $1,095,000 -- $323 / 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 $14,798 $949,800 $710,500 $239,300
2023 $10,938 $1,123,800 $710,500 $413,300
2022 $11,112 $711,800 $399,600 $312,200
2021 $11,172 $731,000 $399,600 $331,400
2020 $11,172 $700,900 $399,600 $301,300
2019 $11,320 $700,900 $399,600 $301,300
2018 $10,538 $701,100 $0 $0
2017 $10,762 $667,500 $399,600 $267,900
2016 $10,334 $659,700 $399,600 $260,100
2015 $10,334 $659,700 $399,600 $260,100
2014 $10,090 $638,400 $399,600 $238,800
Source: Public Records

Agents Affiliated with this Home

  • Kari Juhl

    Seller's Agent in 2023

    Kari Juhl

    Lepic-Kroeger, REALTORS

    (319) 541-3178

    75 in this area

    466 Total Sales

    Section Image
  • Matthew Lepic

    Seller Co-Listing Agent in 2023

    Matthew Lepic

    Lepic-Kroeger, REALTORS

    (319) 321-7199

    127 in this area

    593 Total Sales

    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202303382

Iowa City Area Association of REALTORS®

APN: 0229401010

Iowa Johnson County Solon 52333

3782 Cottage Reserve Rd NE, Solon, IA

This home is located at 3782 Cottage Reserve Rd NE, Solon, IA 52333 since 23 June 2023 and is currently estimated at $973,269, approximately $287 per square foot. This property was built in 1958. 3782 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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