Seller's Agent in 2024
Kimberly Bockenstedt
RE/MAX Affiliates
(319) 631-3042
183 Total Sales
524 Cherry Ave Iowa City, IA 52240
Estimated Value: $555,000 - $654,000
4
Beds
2.5
Baths
2,916
Sq Ft
$209/Sq Ft
Est. Value
Highlights
- New Construction
- Deck
- Solarium
- City High School Rated A-
- Ranch Style House
- Porch
About This Home
As of May 2024STUNNING LUXURY ranch home on a WOODED LOT in a prime location! Fabulous wooded view off the back of this house with large windows, 10 ft & 11 ft ceilings. and lots of natural light. Zero-step entry!!! Many additional windows throughout the home add more light. The timber view, makes you feel like you are in a tree house. Enjoy NATURE from your awesome deck and large patio. Everything you want in a home. A large open concept gourmet kitchen with gas stove and vented hood, beautiful cabinetry, large breakfast bar island, gorgeous quartz counters, tile backsplash, pendant lighting. EXTRA LARGE main level includes a sunroom & living rm, deck, laundry room, primary bedroom/bath, office/bedroom and half bath. Open floor plan with tons of natural light. Stone fireplace with hearth. Gorgeous white washed oak, engineered wood flooring. Arched/barrel rolled doorways, cloud ceiling, trey ceilings, and 10 & 11 ft high ceilings. Stylish lighting throughout! Luxury primary bath with walk-in tile shower and separate bathtub. Primary walk-in custom closet with upgraded built-in cabinetry. Finished 9 ft ceiling, lower level / walk out to a large patio with PRIVACY! 1070 sqft additional living space in LL including a family room, a wet bar, a full bath, 2 bedrooms. Additional large storage room. Ring door bell and security cameras. MUST SEE! This location is ideal: Close to Napoleon Park, Softball Fields, Terry Trueblood Recreation Area and Big Grove Brewery. New subdivision, close to shopping, recreation and restaurants! Iowa City Bus stop 13 is right on the corner of S. Gilbert St and Cherry Ave for easy access to public transportation. Listing agent is related to the seller.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,118
Year Built
- Built in 2023 | New Construction
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 111 x 135 x 92 x 138
HOA Fees
- $13 Monthly HOA Fees
Parking
- 3 Parking Spaces
Home Design
- Ranch Style House
- Frame Construction
Interior Spaces
- Wet Bar
- Tray Ceiling
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Solarium
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Accessible Home Design
- Stepless Entry
Outdoor Features
- Deck
- Patio
- Porch
Location
- Property is near shops
- Property is near a bus stop
Schools
- Twain Elementary School
- Southeast Middle School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 1022163001
Community Details
Overview
- Built by Bedrock LLC
- Cherry Creek Subdivision
Recreation
- Park
Building Details
- Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 24, 2022
Sold by
Cherry Creek Development Inc
Bought by
Bedrock Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$595,509
Interest Rate
6.94%
Mortgage Type
Construction
Estimated Equity
$16,791
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bedrock Llc | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Sejal V | $200,000 | |
| Open | Bedrock Llc | $620,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | Sold | $615,000 | -3.1% | $211 / Sq Ft |
| 04/09/2024 04/09/24 | Pending | -- | -- | -- |
| 02/13/2024 02/13/24 | For Sale | $635,000 | -- | $218 / 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 | $5,118 | $558,730 | $80,170 | $478,560 |
| 2023 | $148 | $272,060 | $80,170 | $191,890 |
| 2022 | $142 | $6,850 | $6,850 | $0 |
| 2021 | $148 | $6,850 | $6,850 | $0 |
| 2020 | $148 | $6,850 | $6,850 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Bockenstedt
-
Lynn Weinstein
Buyer's Agent in 2024
Lynn Weinstein
Blank & McCune Real Estate
(319) 400-0355
237 Total Sales
Map
Source: Iowa City Area Association of REALTORS®
MLS Number: 202400825
APN: 1022163001
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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