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 $2,918/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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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
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

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20120974

Iowa City Area Association of REALTORS®

APN: 0721379006