$460,000
SOLD MAR 14, 2025

3864 Martin Ln NE Iowa City, IA 52240

3 Beds
2.5 Baths
2,088 Sq Ft
1.18 Acres

Recently Sold

$220 Per Sq Ft

3% Below List Price

0 Day on Market

Highlights

  • 1.18 Acre Lot
  • Ranch Style House
  • Living Room
  • Wickham Elementary School Rated A
  • Formal Dining Room
  • Guest Parking

About This Home

As of March 2025

This home is located at 3864 Martin Ln NE, Iowa City, IA 52240 and is currently priced at $460,000, approximately $220 per square foot. This property was built in 1967. 3864 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.

Last Agent to Sell the Property

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS Listed on: 03/14/2025

Last Buyer's Agent

Pattie Fox

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,588

Year Built

  • Built in 1967

Lot Details

  • 1.18 Acre Lot

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,088 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener
  • Guest Parking

Schools

  • Penn Elementary School
  • North Central Middle School
  • Liberty High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Shared Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 072137704

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,588

Year Built

Built in 1967

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Association Fee Frequency: Annually
  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 1.18
  • NAV29_Unit_1_Appliances: Dryer, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Co List Office Phone: 319-363-9604
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2088.0
  • Architectural Style: Ranch
  • Reso Interior Features: Dining Area, Separate/Formal Dining Room, Bath in Primary Bedroom, Main Level Primary
  • New Construction: No
  • ResoRoomType: Living Room
  • Year Built: 1967
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Guest, Heated Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Community/Coop, Shared Well

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association: Yes

Schools

  • Elementary School: Penn
  • High School: Liberty
  • Middle Or Junior School: North Central

Lot Info

  • Lot Dimensions: 1.18 Acre
  • ResoLotSizeUnits: Acres
  • Parcel Number: 072137704
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3588.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Mar 13, 2025
Sold by
Scott Iris A
Bought by
West Ernest A and West Kristin M
Seller's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
Buyer's Agent
Pattie Fox
Realty87
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Views
399
Current Estimated Value
$465,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,019
Avg. Annual Appreciation
1.40%
Original Mortgage
$369,056
Outstanding Balance
$366,854
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
$98,165
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $460,000 None Listed On Document
Warranty Deed $460,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $369,056 VA
Closed $369,056 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $460,000 -3.2% $220 / Sq Ft
03/14/2025 03/14/25 For Sale $475,000 -- $227 / Sq Ft
Source: Cedar Rapids 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 $3,484 $285,300 $53,000 $232,300
2024 $3,444 $265,100 $53,000 $212,100
2023 $3,418 $265,100 $53,000 $212,100
2022 $3,220 $229,300 $53,000 $176,300
2021 $3,244 $229,300 $53,000 $176,300
2020 $3,244 $220,900 $53,000 $167,900
2019 $3,226 $216,100 $53,000 $163,100
2018 $3,164 $217,200 $61,900 $155,300
2017 $3,164 $217,200 $61,900 $155,300
2016 $2,988 $212,700 $61,900 $150,800
2015 $2,988 $212,700 $61,900 $150,800
2014 $2,818 $179,500 $40,900 $138,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2501837

Cedar Rapids Area Association of REALTORS®

APN: 0721377004