$585,000
SOLD JUN 11, 2025

4982 Preston Ln Iowa City, IA 52246

5 Beds
3.5 Baths
2,919 Sq Ft
0.25 Acres

Recently Sold

$200 Per Sq Ft

2% Below List Price

41 Days on Market

Highlights

  • Corner Lot
  • Great Room with Fireplace
  • Fenced Yard
  • Norman Borlaug Elementary School Rated A-
  • Screened Porch
  • Breakfast Bar

About This Home

As of June 2025

Welcome home to this stunning 5-bedroom, 4-bathroom residence offering 2,919 square feet of thoughtfully designed living space. The primary bedroom suite provides a private retreat, featuring a luxurious bathroom with a walk-in tile shower and spacious walk-in closet. The home's warm and inviting atmosphere is enhanced by a cozy fireplace, perfect for those chilly Iowa evenings. Step outside to enjoy the fenced yard, ideal for pets and outdoor activities, complete with a garden area. The screened-in porch and patio create perfect spaces for outdoor entertaining or peaceful morning coffee. A finished basement adds valuable living space and includes a versatile fifth bedroom, perfect for guests, a home office, or recreational room. The property's location offers the best of both worlds - peaceful residential living with convenient access to amenities. You'll find yourself minutes from Schools, Shopping or the Outdoor enthusiasts will appreciate the proximity to Clear Creek Trail for hiking and biking adventures. The thoughtful layout, generous space, and prime location make this property an exceptional find. Don't miss the opportunity to make this wonderful property your new home.

Last Agent to Sell the Property

Jay Robertson

Robertson Real Estate Inc Listed on: 03/06/2025

Last Buyer's Agent

Tracey Molina

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,344

Year Built

  • Built in 2017

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 78x139
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Garden

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Borlaug Elementary School
  • Northwest Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Patio
  • Property is near schools

Community Details

  • Built by Navigate Homes
  • Cardinal Pointe West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1112129001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,344

Year Built

Built in 2017

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2919
  • Homebuilder: Navigate Homes
  • Owner Name L F Mi: Blank
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Stove/Oven & Microwave are New! Allow Seller 24 hours to respond to all offers. Seller has the right to accept an offer at any time. EMD to be made payable to Robertson Real Estate Trust.
  • Year Built: 2017
  • Tax Year Report: 2023
  • Subdivision: Cardinal Pointe West
  • Directions: Traveling North on Interstate 380 take Melrose Ave Exit. Turn North on Camp Cardinal Blvd, West on Kennedy Parkway and Left on Preston Ln. Property is located on the corner of Kennedy Parkway & Preston Ln.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Street Lights, Close to School
  • Basement Remarks: Poured Concrete, Finished, Full
  • Fireplace Type Location: In Great/Family Room, Factory Built, Gas
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Bar, Pantry, Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Corner, Level, Private Backyard
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Welcome home to this stunning 5-bedroom, 4-bathroom residence offering 2,919 square feet of thoughtfully designed living space. The primary bedroom suite provides a private retreat, featuring a luxurious bathroom with a walk-in tile shower and spacious walk-in closet. The home's warm and inviting atmosphere is enhanced by a cozy fireplace, perfect for those chilly Iowa evenings. Step outside to enjoy the fenced yard, ideal for pets and outdoor activities, complete with a garden area. The screened-in porch and patio create perfect spaces for outdoor entertaining or peaceful morning coffee. A finished basement adds valuable living space and includes a versatile fifth bedroom, perfect for guests, a home office, or recreational room. The property's location offers the best of both worlds - peaceful residential living with convenient access to amenities. You'll find yourself minutes from Schools, Shopping or the Outdoor enthusiasts will appreciate the proximity to Clear Creek Trail for hiking and biking adventures. The thoughtful layout, generous space, and prime location make this property an exceptional find. Don't miss the opportunity to make this wonderful property your new home.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Energy Efficient, Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 2167
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 752
  • Laundry Location: Laundry Room, Upstairs
  • Mstr Br Level: Upper
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard, Garden Area, Patio, Screen Porch

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 100

Schools

  • Elementary School: Borlaug
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Borlaug

Lot Info

  • Acreage: 0.25
  • Geo Subdivision: IA
  • Lot Dimensions: 78x139
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 9542
  • Assessor Parcel Number: 1112129001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Jun 11, 2025
Sold by
Blank Joseph R
Bought by
Kodama Yuka and Kodama Satoshi
Seller's Agent
Jay Robertson
Robertson Real Estate Inc
Buyer's Agent
Tracey Molina
Lepic-Kroeger, REALTORS
List Price
$594,900
Sold Price
$585,000
Premium/Discount to List
-$9,900
-1.66%
Views
43
Current Estimated Value
$586,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,287
Avg. Annual Appreciation
5.15%
Original Mortgage
$526,500
Outstanding Balance
$526,500
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$66,182

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 30, 2018
Sold by
Navigate Homes Llc
Bought by
Blank Joseph R and Blank Dominique R
Seller's Agent
Mike Bails
Urban Acres Real Estate Corridor
Buyer's Agent
Jay Robertson
Robertson Real Estate Inc
List Price
$419,900
Sold Price
$419,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$433,756
Interest Rate
4.38%
Mortgage Type
VA
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 Type Sale Price Title Company
Warranty Deed $585,000 None Listed On Document
Warranty Deed $420,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $526,500 New Conventional
Previous Owner $200,000 Construction
Previous Owner $383,060 VA
Previous Owner $433,756 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $585,000 -1.7% $200 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $594,900 +41.7% $204 / Sq Ft
03/30/2018 03/30/18 Sold $419,900 0.0% $144 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $419,900 -- $144 / 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
2024 $9,344 $507,210 $101,780 $405,430
2023 $8,968 $507,210 $101,780 $405,430
2022 $8,566 $422,630 $94,510 $328,120
2021 $8,874 $422,630 $94,510 $328,120
2020 $8,874 $419,030 $94,510 $324,520
2019 $8,850 $419,030 $94,510 $324,520
2018 $8,850 $402,780 $99,490 $303,290
2017 $136 $6,250 $6,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202501502

Iowa City Area Association of REALTORS®

APN: 1112129001