$240,000
$35K PRICE DROP

4378 480th St SE Iowa City, IA 52240

Estimated payment $1,493/month

Total Views 3,416
3 Beds
1 Bath
1,326 Sq Ft
$181 Price per Sq Ft

About This Home

Bring your vision and make this countryside charmer your own—this 3-bedroom, 1-bath home on 1.57 acres is packed with potential and waiting for your personal touch. Nestled just minutes from downtown Iowa City and Riverside, this property offers peaceful living with quick access to town conveniences.

Surrounded by open fields and mature trees, this acreage provides the ideal backdrop for those seeking space to roam, garden, or simply enjoy the quiet. Inside, you’ll find original hardwood floors, sun-filled living spaces, and vintage details ready for restoration. The main floor features a spacious bedroom and full bath, along with convenient main floor laundry. The kitchen offers ample cabinet and counter space, connecting to flexible living and dining areas perfect for gatherings or cozy nights in. Upstairs, you’ll find two additional bedrooms with plenty of charm and storage.

Step outside to take in the wide-open yard, offering room to create the outdoor lifestyle you’ve dreamed of—whether it’s a hobby garden, firepit gatherings, or space for additional outbuildings. There’s also a shed on the property, ideal for added outdoor storage.

Opportunities like this are rare—especially in such a sought-after location with easy access to Hwy 218, Iowa City, and nearby amenities.

Listing Agent

Rachel Koth

Keller Williams Legacy Group Listed on: 06/07/2025

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1930

Lot Details

  • 1.57 Acre Lot

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,326 Sq Ft Home
  • 1.5-Story Property
  • Range
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Lone Tree Elementary And Middle School
  • Lone Tree High School

Utilities

  • Heating System Uses Gas
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1502477001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,969

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 1.57
  • NAV29_Unit_1_Appliances: Range, Refrigerator, Washer
  • Co List Office Phone: 319-423-4139
  • MLS Status: Active
  • Directions: Take I-370 S. Take exit 89. Take Sand Rd SE to 480th St SE.
  • Above Grade Finished Sq Ft: 1326.0
  • Architectural Style: One and One Half Story
  • Reso Interior Features: Main Level Primary
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Utilities

  • Sewer: Septic Tank
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Elementary School: Lone Tree
  • High School: Lone Tree
  • Middle Or Junior School: Lone Tree

Lot Info

  • Lot Dimensions: 1.57
  • ResoLotSizeUnits: Acres
  • Parcel Number: 1502477001

Tax Info

  • Tax Annual Amount: 1969.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $1,970 $170,100 $74,000 $96,100
2023 $1,890 $170,100 $74,000 $96,100
2022 $1,870 $139,500 $63,100 $76,400
2021 $1,902 $139,500 $63,100 $76,400
2020 $1,902 $135,600 $63,100 $72,500
2019 $1,904 $132,400 $63,100 $69,300
2018 $1,876 $133,300 $63,100 $70,200
2017 $1,914 $133,300 $63,100 $70,200
2016 $1,808 $131,300 $63,100 $68,200
2015 $1,808 $131,300 $63,100 $68,200
2014 $1,584 $113,400 $57,900 $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $240,000 -7.7% $181 / Sq Ft
06/30/2025 06/30/25 Price Changed $260,000 -5.5% $196 / Sq Ft
06/07/2025 06/07/25 For Sale $275,000 -- $207 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $5,508 New Conventional
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2504165

Cedar Rapids Area Association of REALTORS®

APN: 1502477001