NOT LISTED FOR SALE

3861 Martin Ln NE Iowa City, IA 52240

Estimated Value: $448,968 - $491,000

3 Beds
2 Baths
3,060 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $255,000 $83 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,911/month

126 Days on Market

Highlights

  • 0.8 Acre Lot
  • Deck
  • Screened Porch
  • Wickham Elementary School Rated A
  • Wooded Lot
  • Formal Dining Room

About This Home

As of June 2012

One owner, custom-built home in prime condition. Newer Pella windows. New three quarter bath in walk-out LL. Re-shingled 2007, cedar siding 2002 and new furnace 2001. Lovely landscaping on .80 acres with beautiful plantings, mature trees, garden areas, a vineyard and fenced backyard. Comfortable home with sparkling hardwood floors, warm open spaces and ample storage. Very pleasant wood-burning fireplace in great room. Deck is covered. Lower level deck is screened.

Last Agent to Sell the Property

MEL MCMORRIS

Coldwell Banker Real Estate Professionals Listed on: 02/10/2012

Last Buyer's Agent

Tracy Reiten

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,390

Year Built

  • Built in 1968

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 105x330x105x330
  • Cul-De-Sac
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 1-Story Property
  • Bookcases
  • Wood Burning Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Patio

Schools

  • Wickham Elementary School
  • Northwest Middle School
  • West High School

Utilities

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

Community Details

  • Association fees include water
  • Resurvey Of Lot 3 Martins Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0721379006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,390

Year Built

Built in 1968

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3060
  • Homebuilder: UNKNOWN
  • Number of Lower Level Three Quarter Bathrooms: 1
  • Owner Name L F Mi: DALTON, ROSIE & PAT
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Contact ICCSD for information on all schools. Septic system was pumped March 2011 and certified on August 2011. Gas and electric average $121 per month.
  • Year Built: 1968
  • Tax Year Report: 2010
  • Subdivision: RESURVEY OF LOT 3 MARTINS
  • Directions: North Dubuque St, L on Martin LN.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Street Lights
  • Basement Remarks: Poured Concrete, Full, Walkout
  • Fireplace Type Location: In Living Room, Wood Burning
  • Interior R: Bookcases, Cable Available
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: .5-1 Acre, Cul De Sac, Sloping, Wooded
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: One owner, custom-built home in prime condition. Newer Pella windows. New three quarter bath in walk-out LL. Re-shingled 2007, cedar siding 2002 and new furnace 2001. Lovely landscaping on .80 acres with beautiful plantings, mature trees, garden areas, a vineyard and fenced backyard. Comfortable home with sparkling hardwood floors, warm open spaces and ample storage. Very pleasant wood-burning fireplace in great room. Deck is covered. Lower level deck is screened.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1760
  • Total Full Baths: 1
  • Total Three Quarter Bathrooms: 1
  • 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: 1300
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Deck, Patio, Screen Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 400
  • Fees Include: Water, Other

Schools

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

Lot Info

  • Acreage: 0.8
  • Geo Subdivision: IA
  • Lot Dimensions: 105X330X105X330
  • Zoning: RESIDENTIAL

Tax Info

  • Gross Tax County City: 2829
  • Assessor Parcel Number: 0721379006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
Jun 28, 2012
Sold by
Dalton Rosemary and Dalton Patrick T
Bought by
Finken Christina C and Finken Adam L
Seller's Agent
MEL MCMORRIS
Coldwell Banker Real Estate Professionals
Buyer's Agent
Tracy Reiten
Lepic-Kroeger, REALTORS
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Current Estimated Value
$475,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,242
Avg. Annual Appreciation
4.79%
Original Mortgage
$216,750
Outstanding Balance
$153,141
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$322,101
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
Finken Christina C $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finken Christina C $216,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $255,000 -3.8% $83 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $265,000 -- $87 / 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
2025 $4,390 $352,600 $79,000 $273,600
2024 $4,342 $331,400 $79,000 $252,400
2023 $4,364 $331,400 $79,000 $252,400
2022 $4,110 $290,300 $79,000 $211,300
2021 $4,152 $290,300 $79,000 $211,300
2020 $4,152 $280,300 $79,000 $201,300
2019 $3,904 $280,300 $79,000 $201,300
2018 $3,828 $261,000 $75,800 $185,200
2017 $3,754 $261,000 $75,800 $185,200
2016 $3,618 $255,600 $75,800 $179,800
2015 $3,618 $255,600 $75,800 $179,800
2014 $3,422 $215,900 $50,100 $165,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    MEL MCMORRIS

    Coldwell Banker Real Estate Professionals

  • T

    Buyer's Agent in 2012

    Tracy Reiten

    Lepic-Kroeger, REALTORS

    (319) 530-8326

    14 in this area

    82 Total Sales

    Tracy Reiten
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20120974

Iowa City Area Association of REALTORS®

APN: 0721379006

Iowa Johnson County Iowa City 52240

3861 Martin Ln NE, Iowa City, IA

This home is located at 3861 Martin Ln NE, Iowa City, IA 52240 since 10 February 2012 and is currently estimated at $475,242, approximately $155 per square foot. This property was built in 1968. 3861 Martin Ln NE is a home located in Johnson County with nearby schools including Wickham Elementary School, North Central 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.

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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