3868 Martin Ln NE Iowa City, IA 52240
Estimated payment $3,144/month
Highlights
- Reverse Osmosis System
- Mud Room
- Fireplace
- Wickham Elementary School Rated A
- Walk-In Pantry
- Double Pane Windows
About This Home
A well-kept ranch home on one acre blends acreage living with one of the top locations in the Iowa City area. Private road less than 6 miles from Penn Meadows, Kinnick, Coralville Marina, and IRL. The paved Iowa River bike trail is steps away. Has a country feel but in-town distances, this is prime real estate for IC. Penn/North Junior/Liberty High. Built in 1960, has a mid century modern feel but extensively updated; the 3BR, 2BA has 2,574 finished sq. ft. 2BR/1BA on main level, 1BR/1BA in lower. Great room with 10 windows and gas fireplace; and a separate living room/office. Main level laundry/mudroom. Finished basement has second TV room and the third bedroom - a private guest suite with full bath and egress window. The kitchen has a 6-burner range, newer refrigerator, and walk-in pantry. Brand new luxury level primary bath with zero-entry shower and rain head on main level. Great place for throwing parties with open concept and large back deck/back yard. All appliances included. Major updates: HVAC (2019), roof (2021), windows (2022), porch (2024), water heater (2025), garage epoxy floor, insulated door/opener (2025), underground dog fence (2025). Screened gazebo overlook Burr Oaks, prairie, and apple tree. Amazing acreage for sledding, archery, wildlife, gardening. Taxes approx. $3,989 and HOA $400/year. With low taxes, top schools, and central location, 3868 Martin Lane is an awesome home with a beautiful acreage in IC. Seller is a licensed Realtor in Iowa.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,762
Year Built
- Built in 1960
HOA Fees
- $33 Monthly HOA Fees
Parking
- 2
Interior Spaces
- Fireplace
- Double Pane Windows
- Insulated Windows
- Window Screens
- Mud Room
- Basement
Kitchen
- Walk-In Pantry
- Cooktop
- Microwave
- Dishwasher
- Reverse Osmosis System
Flooring
- Carpet
- Laminate
- Tile
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Heating System
- 200+ Amp Service
- Gas Water Heater
- Tight Tank Sewer System
Community Details
- Association fees include snow removal, water
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,762 | $292,500 | $45,000 | $247,500 |
| 2023 | $3,746 | $288,600 | $45,000 | $243,600 |
| 2022 | $3,528 | $250,400 | $45,000 | $205,400 |
| 2021 | $3,544 | $250,400 | $45,000 | $205,400 |
| 2020 | $3,544 | $240,600 | $45,000 | $195,600 |
| 2019 | $3,488 | $228,800 | $45,000 | $183,800 |
| 2018 | $3,420 | $234,100 | $56,600 | $177,500 |
| 2017 | $3,348 | $234,100 | $56,600 | $177,500 |
| 2016 | $3,226 | $228,900 | $56,600 | $172,300 |
| 2015 | $3,226 | $228,900 | $56,600 | $172,300 |
| 2014 | $3,040 | $196,200 | $37,300 | $158,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $525,000 | +101.9% | $204 / Sq Ft |
| 06/12/2015 06/12/15 | Sold | $260,000 | -3.0% | $113 / Sq Ft |
| 06/04/2015 06/04/15 | Pending | -- | -- | -- |
| 04/03/2015 04/03/15 | For Sale | $268,000 | -- | $117 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $901,949 | New Conventional | |
| Closed | $320,000 | New Conventional | |
| Closed | $226,200 | New Conventional | |
| Previous Owner | $225,000 | Credit Line Revolving |
Source: NoCoast MLS
MLS Number: NOC6331615
APN: 0721377003
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