3868 Martin Ln NE Iowa City, IA 52240
Estimated payment $3,103/month
Highlights
- 1 Acre Lot
- Deck
- Great Room with Fireplace
- Wickham Elementary School Rated A
- Ranch Style House
- Mud Room
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. Enjoy the beautiful 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 open concept and large back deck/back yard perfect for entertaining. 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. Don't miss this opportunity! Call for a showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,858
Year Built
- Built in 1960
Lot Details
- 1 Acre Lot
- Lot Dimensions are 352x155
- Garden
HOA Fees
- $33 Monthly HOA Fees
Parking
- 2 Parking Spaces
Home Design
- Ranch Style House
- Frame Construction
Interior Spaces
- Gas Fireplace
- Mud Room
- Great Room with Fireplace
- Family Room
- Living Room
- Dining Room
- Open Floorplan
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
- Gazebo
- Shed
- Porch
Schools
- Penn Elementary School
- North Central Middle School
- Liberty High School
Utilities
- Forced Air Heating and Cooling System
- Community Well
- Private or Community Septic Tank
- Internet Available
- Cable TV Available
Community Details
- Martin's Subdivision
Listing and Financial Details
- Assessor Parcel Number 0721377003, 0721378001
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 |
|---|---|---|---|---|
| 2025 | $3,858 | $313,800 | $45,000 | $268,800 |
| 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 | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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 | $226,200 | New Conventional |
Source: Iowa City Area Association of REALTORS®
MLS Number: 202506472
APN: 0721377003
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.
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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