NOT LISTED FOR SALE

5503 Lower West Branch Rd SE West Branch, IA 52358

Estimated Value: $276,000 - $302,000

2 Beds
1 Bath
904 Sq Ft
$321/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $301,000 $333 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,804/month

4 Days on Market

Highlights

  • Greenhouse
  • Living Room with Fireplace
  • Private Yard
  • Wood Burning Stove
  • Wooded Lot
  • Formal Dining Room

About This Home

As of June 2024

Great opportunity to own almost 10 acres of diverse landscape in Johnson County situated between Iowa City and West Branch. This property was once gleaming with life since the 70s, with beautiful landscaping, show worthy gardens, antiques, and classic cars. Now this property is available for a new generation to breathe new life into it. Home includes 2 bedrooms, 1 bathroom, living room, dining room, country style kitchen, greenhouse, and expandable attic. New water heater in 2024. Home is heated with wood stoves and central furnace; cooled with window unit AC. Overall, the home needs TLC. Outside includes a 2-car garage, 50 X 40 steel utility shed, and several smaller sheds. Property sold in AS-IS CONDITION. Seller will not make repairs. BIDDING PERIOD: OFFERS DUE BY NOON ON TUESDAY, May 14, 2024. Please allow at least 8 hours for the seller to respond. See Addendum for items that are reserved; all other items will remain on the property. Seller will take some plants before closing.

Last Listed By

Ben Black

Edge Realty Group Listed on: 05/10/2024

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1900

Lot Details

  • 9.77 Acre Lot
  • Sloped Lot
  • Wooded Lot
  • Private Yard
  • Garden

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 904 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Expansion Attic

Kitchen

  • Country Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Block Basement Construction
  • Laundry in Basement

Eco-Friendly Details

  • Grid-tied solar system exports excess electricity

Outdoor Features

  • Greenhouse
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

  • West Branch Elementary And Middle School
  • West Branch High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Private or Community Septic Tank
  • Internet Available

Community Details

  • 120140 Scott Res Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0911451003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,322

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 904
  • Owner Name L F Mi: Carney, Doris
  • Ownership Type: Acreage
  • Photo Code: Broker Loaded
  • Remarks: See attached Septic Time of Transfer, which passed inspection. Well water has not been tested in a couple years. It is believed that part of the property is in forest reserve, which can be changed. Buyers to verify schools. Reserved items: all personal items inside the house, the extension ladder at the garage, the old plow and sit-on grinder near front entrance, wood table in little red shed, some tools and air compressor in garage, and some landscaping rocks. Also reserved in the pole building: body frame straightener, burn barrels, two wood-burning stoves, and old coal furnace. Please use caution and monitor children around hazards while touring this listing.
  • Year Built: 1900
  • Tax Year Report: 2022
  • Subdivision: 120140-SCOTT RES
  • Directions: In Iowa City, go East on Lower West Branch Rd for several miles. Property is on the right. From West Branch, take Herbert Hoover Hwy to Lower West Branch Rd SE. Turn right when it turns into Oasis Rd. Property is on the left.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Block, Unfinished
  • Fireplace Type Location: In Living Room, Wood Burning Stove
  • Interior R: Attic Expandable
  • Kitchen Breakfast R: Country Kitchen
  • Lot Description R: 5+ Acres, Private Backyard, Sloping, Wooded
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Great opportunity to own almost 10 acres of diverse landscape in Johnson County situated between Iowa City and West Branch. This property was once gleaming with life since the 70s, with beautiful landscaping, show worthy gardens, antiques, and classic cars. Now this property is available for a new generation to breathe new life into it. Home includes 2 bedrooms, 1 bathroom, living room, dining room, country style kitchen, greenhouse, and expandable attic. New water heater in 2024. Home is heated with wood stoves and central furnace; cooled with window unit AC. Overall, the home needs TLC. Outside includes a 2-car garage, 50 X 40 steel utility shed, and several smaller sheds. Property sold in AS-IS CONDITION. Seller will not make repairs. BIDDING PERIOD: OFFERS DUE BY NOON ON TUESDAY, May 14, 2024. Please allow at least 8 hours for the seller to respond. See Addendum for items that are reserved; all other items will remain on the property. Seller will take some plants before closing.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven
  • Number Bedrooms Main: 2
  • Sq Ft Above: 904
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Number of Fireplaces: 2
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Garden Area, Greenhouse, Outbuildings, Shed, Workshop

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Water, Private Septic, 2662
  • Heating Cooling: Ceiling Fans, Window/Wall Units, Gas, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: West Branch
  • Middle School: West Branch
  • High School: West Branch
  • High School: West Branch
  • Jr Middle School: West Branch
  • Elementary School: West Branch

Lot Info

  • Acreage: 9.77
  • Geo Subdivision: IA
  • Lot Dimensions: Irr
  • Zoning: Unknown

Green Features

  • Energy Generation: Grid-tied

Tax Info

  • Gross Tax County City: 2586
  • Assessor Parcel Number: 0911451003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 5, 2024
Sold by
Carney Wayne D
Bought by
Carney Doris
Seller's Agent
Ben Black
Edge Realty Group
Buyer's Agent
Chris Lehman
Edge Realty Group
List Price
$250,000
Sold Price
$301,000
Premium/Discount to List
$51,000
20.4%
Total Days on Market
4
Views
20
Current Estimated Value
$290,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,681
Avg. Annual Appreciation
-4.55%

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $301,000 +20.4% $333 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $250,000 -- $277 / 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 $2,322 $201,000 $112,500 $88,500
2023 $2,454 $201,000 $112,500 $88,500
2022 $2,424 $174,700 $104,200 $70,500
2021 $2,510 $174,700 $104,200 $70,500
2020 $2,510 $171,200 $104,200 $67,000
2019 $2,206 $203,400 $136,400 $67,000
2018 $2,180 $199,000 $136,400 $62,600
2017 $2,350 $199,000 $136,400 $62,600
2016 $1,906 $165,000 $104,200 $60,800
2015 $1,906 $138,450 $75,050 $63,400
2014 $1,842 $132,550 $75,050 $57,500
Source: Public Records

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Source: Iowa City Area Association of REALTORS®

MLS Number: 202402709

Iowa City Area Association of REALTORS®

APN: 0911451003