Seller's Agent in 2025
Marc Simpson
Ruhl&Ruhl, Realtors
(319) 331-7930
139 Total Sales
5055 540th St SE Lone Tree, IA 52755
4
Beds
2.5
Baths
2,414
Sq Ft
5.64
Acres
Highlights
- Fireplace in Primary Bedroom
- Main Floor Primary Bedroom
- Fenced Yard
- Wood Burning Stove
- Separate Formal Living Room
- Separate Outdoor Workshop
About This Home
As of January 2025Just a 10 mintute drive to Iowa City from this property with fencing surrounding the entire 5.64 Acres. A Spacious open Kitchen/Dining Room with Wood Burning Stove in Dining Room & nice Breakfast Bar. Main floor Laundry, French Doors to Living Room and Primary bedroom featuring a wood burning Fireplace & hardwood floors! Upstairs offers three more bedrooms, (new carpet just installed in one) another full & half bath and a walk up attic. Owners have improved something in this property on a routine basis making it move in ready. New septic, (Sand Filter System) Siding & Metal Roof in 2020, New Furnace/AC with UV Light Antimicrobial System in 2021, Water Softener & Purification System added in 2022, all ductwork fully cleaned and sanitized in 2023. 2 bathrooms renovated. Garage has electric heat & currently being used as a Family Room.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,128
Year Built
- Built in 1875
Lot Details
- 5.64 Acre Lot
- Lot Dimensions are 480 x 545
- Fenced Yard
- Level Lot
Parking
- 2 Parking Spaces
Home Design
- Frame Construction
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Wood Burning Stove
- Wood Burning Fireplace
- Factory Built Fireplace
- Entrance Foyer
- Separate Formal Living Room
- Combination Kitchen and Dining Room
Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Basement
- Partial Basement
- Block Basement Construction
- Crawl Space
Outdoor Features
- Separate Outdoor Workshop
- Shed
- Outbuilding
Schools
- Lone Tree Elementary And Middle School
- Lone Tree High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Private Water Source
- Water Heater
- Water Softener is Owned
- Private or Community Septic Tank
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 1628201002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2020
Closed on
Oct 2, 2020
Sold by
Rowland Sarah I and Rowland Jake
Bought by
Leonard Cory and Leonard Chelsea
Seller's Agent
Diane Slaughter
Edge Realty Group
Buyer's Agent
Marc Simpson
Ruhl&Ruhl, Realtors
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,959
Avg. Annual Appreciation
11.36%
Original Mortgage
$247,500
Outstanding Balance
$222,611
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$234,348
Purchase Details
Closed on
Feb 12, 2018
Sold by
Parks John
Bought by
Rowland Sarah J
Purchase Details
Closed on
Dec 10, 2013
Sold by
Mccray Randy
Bought by
Rice Shawn
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | None Available | |
| Deed | -- | None Available | |
| Legal Action Court Order | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $247,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $458,000 | 0.0% | $190 / Sq Ft |
| 12/17/2024 12/17/24 | For Sale | $458,000 | 0.0% | $190 / Sq Ft |
| 12/09/2024 12/09/24 | Off Market | $458,000 | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $458,000 | -2.2% | $190 / Sq Ft |
| 11/08/2024 11/08/24 | Price Changed | $468,500 | -2.1% | $194 / Sq Ft |
| 10/19/2024 10/19/24 | Price Changed | $478,500 | -4.0% | $198 / Sq Ft |
| 10/08/2024 10/08/24 | For Sale | $498,500 | +81.3% | $207 / Sq Ft |
| 10/05/2020 10/05/20 | Sold | $275,000 | 0.0% | $114 / Sq Ft |
| 08/03/2020 08/03/20 | For Sale | $275,000 | -- | $114 / Sq Ft |
Source: Iowa City Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,128 | $282,500 | $102,500 | $180,000 |
| 2023 | $2,960 | $282,500 | $102,500 | $180,000 |
| 2022 | $2,918 | $229,300 | $88,300 | $141,000 |
| 2021 | $2,934 | $229,300 | $88,300 | $141,000 |
| 2020 | $2,934 | $209,400 | $88,300 | $121,100 |
| 2019 | $3,210 | $210,200 | $88,300 | $121,900 |
| 2018 | $2,982 | $225,900 | $88,300 | $137,600 |
| 2017 | $3,040 | $225,900 | $88,300 | $137,600 |
| 2016 | $2,866 | $221,900 | $88,300 | $133,600 |
| 2015 | $2,866 | $221,900 | $88,300 | $133,600 |
| 2014 | $2,742 | $209,600 | $72,700 | $136,900 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Simpson
-
Jaime Hymer
Buyer's Agent in 2025
Jaime Hymer
Pinnacle Realty
(319) 440-7245
302 Total Sales
-
D
Seller's Agent in 2020
Diane Slaughter
Edge Realty Group
(319) 887-7285
Map
Source: Iowa City Area Association of REALTORS®
MLS Number: 202405701
APN: 1628201002
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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