NOT LISTED FOR SALE

5488 Highway 22 SE Lone Tree, IA 52755

Estimated Value: $103,000 - $117,341

1.39 Acres
$79,698 Price per Acre
60,548 Sq Ft Lot

Last Sold July 08, 2024

Last sale price $110,000 $59 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $689/month

55 Days on Market

Highlights

  • Shed
  • Fenced
  • Level Lot

About This Lot

As of July 2024

This home is located at 5488 Highway 22 SE, Lone Tree, IA 52755 since 01 May 2024 and is currently estimated at $110,780, approximately $59 per square foot. This property was built in 1912. 5488 Highway 22 SE is a home located in Johnson County with nearby schools including Lone Tree Elementary School and Lone Tree Junior/Senior High School.

Last Listed By

Jeff Dill

Lepic-Kroeger, REALTORS Listed on: 05/01/2024

Lepic-Kroeger, REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $862

Year Built

  • 1912

Lot Details

  • 1.39 Acre Lot
  • Property fronts a highway
  • Fenced
  • Level Lot
  • Open Lot

Outdoor Features

  • Shed

Schools

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

Utilities

  • Private Company Owned Well
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1702377001

Property Details

Property Type

Land

Est. Annual Taxes

$862

Year Built

1912

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Lot/Land
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Remarks: Rare Find! 1.39 acre buildable site in the rural Johnson County Countryside! Located on Highway 22 just Northeast of Lone Tree, this shovel ready lot is ready for you to build your new home. It has a newer septic (1996), a 72 ft. deep , 5" diameter PVC cased private well installed in 1984, electrical and a small outbuilding already on site and best of all, no covenants! The previous home was torn down and the foundation removed. An easy drive to Lone Tree, Iowa City and Muscatine.
  • Tax Year Report: 2022
  • Potential Use: Residential
  • Directions: Located on the North side of the highway just 1.5 mile East of the 4-way intersection of Hwy 22 and Wapsi Ave
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1912

Exterior Features

  • Road Frontage: Pavement, State Highway
  • Structure: Fencing, Shed

Utilities

  • Internet: Yes
  • Utilities Available: Electricity, Septic, Well-Private

Schools

  • High School: Lone Tree
  • Jr Middle School: Lone Tree
  • Elementary School: Lone Tree

Lot Info

  • Acreage: 1.39
  • Geo Subdivision: IA
  • Lot Dimensions: 1.39 acres
  • Zoning: Res
  • Estimated Lot Sq Ft: 1-2 Acres
  • Improvements: Open Land
  • Lot: 1
  • Topology: Level

Tax Info

  • Gross Tax County City: 2140.76
  • Assessor Parcel Number: 1702377001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 8, 2024
Sold by
Gillham David E and Gillham Krista Kay
Bought by
Diaz Oscar G and Ruiz Miranda P
Seller's Agent
Jeff Dill
Lepic-Kroeger, REALTORS
Buyer's Agent
Jeff Dill
Lepic-Kroeger, REALTORS
List Price
$139,900
Sold Price
$110,000
Premium/Discount to List
-$29,900
-21.37%
Total Days on Market
55
Views
5
Current Estimated Value
$110,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780
Avg. Annual Appreciation
8.95%
Original Mortgage
$104,500
Outstanding Balance
$44,340
Interest Rate
6.29%
Mortgage Type
Construction
Estimated Equity
$73,667

Purchase Details

Closed on
Nov 17, 2023
Sold by
Nealson Judith A
Bought by
Gillham David E and Gillham Krista Kay

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Diaz Oscar G $110,000 None Listed On Document
Gillham David E $30,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Oscar G $104,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $110,000 -21.4% $59 / Sq Ft
05/01/2024 05/01/24 For Sale $139,900 -- $75 / 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 $862 $58,400 $57,400 $1,000
2023 $2,020 $85,000 $57,400 $27,600
2022 $1,996 $158,100 $52,200 $105,900
2021 $1,962 $158,100 $52,200 $105,900
2020 $1,962 $148,100 $42,200 $105,900
2019 $1,868 $148,100 $42,200 $105,900
2018 $1,834 $139,100 $42,200 $96,900
2017 $1,864 $139,100 $42,200 $96,900
2016 $1,764 $136,300 $42,200 $94,100
2015 $1,764 $136,300 $42,200 $94,100
2014 $1,682 $128,600 $37,800 $90,800
Source: Public Records

Agents Affiliated with this Home

  • Jeff Dill

    Seller's Agent in 2024

    Jeff Dill

    Lepic-Kroeger, REALTORS

    (319) 430-4400

    346 Total Sales

    Jeff Dill
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202402491

Iowa City Area Association of REALTORS®

APN: 1702377001

Iowa Johnson County Lone Tree 52755

5488 Highway 22 SE, Lone Tree, IA

Homes for Sale in Lone Tree, IA

This home is located at 5488 Highway 22 SE, Lone Tree, IA 52755 since 01 May 2024 and is currently estimated at $110,780, approximately $59 per square foot. This property was built in 1912. 5488 Highway 22 SE is a home located in Johnson County with nearby schools including Lone Tree Elementary School and Lone Tree Junior/Senior High School.

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.

Iowa City Area Association of REALTORS® 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.