$472,000
SOLD AUG 6, 2025

7 Rapid Creek Dr NE Iowa City, IA 52240

4 Beds
3.5 Baths
3,007 Sq Ft
0.92 Acres

Recently Sold

$157 Per Sq Ft

3% Below List Price

19 Days on Market

Highlights

  • Reverse Osmosis System
  • Deck
  • Wooded Lot
  • Bohumil Shimek Elementary School Rated A-
  • Recreation Room
  • Breakfast Bar

About This Home

As of August 2025

Enjoy peace, privacy, and space just minutes from Iowa City. This well-cared-for two-story home sits on a nearly one-acre wooded lot with mature landscaping. With 4 bedrooms, 3.5 baths, and a walk-out lower level, there's room for everyone inside and out. The main level features a bright sitting room, perfect for a home office, an eat-in kitchen with custom cherry cabinets and refinished maple floors, and a cozy family room with a wood-burning fireplace that opens to a dreamy four-season room. Upstairs is a spacious primary suite with ensuite bath and a large walk-in closet, two more bedrooms, and a full bath. The walk-out lower level offers a fourth bedroom, full bath, rec room, laundry, and great storage. A large deck, garden shed, and oversized three-stall garage with service doors add to the appeal. Recent updates include HVAC, appliances, refinished floors, and more. A peaceful setting with a pond next door makes this one a must-see.

Last Agent to Sell the Property

Carla Werning

Ruhl&Ruhl, REALTORS - CR Listed on: 06/05/2025

Ruhl&Ruhl, REALTORS - CR

Last Buyer's Agent

Brooke Kauffman

Urban Acres Real Estate Corridor

Urban Acres Real Estate Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,732

Year Built

  • Built in 1980

Lot Details

  • 0.92 Acre Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Shed

Schools

  • Shimek Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Community Well
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Cable TV Available

Community Details

  • Association fees include street maintenance
  • Built by Oakes
  • Lyn Den Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0736103003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,732

Year Built

Built in 1980

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3007
  • Homebuilder: Oakes
  • Owner Name L F Mi: James
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Sentri-lock box on the front Door. Please remove your shoes. Please allow 24 24-hour response time for the sellers. Sellers can accept any offer at any time. Buyer to self-verify schools and overall square footage.
  • Year Built: 1980
  • Tax Year Report: 2024
  • Subdivision: Lyn-den Heights
  • Directions: From the Interstate 80 head North on Highway 1, turn right onto Rapid Creek Rd, and another right on Rapid Creek Dr. The home is on the right.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc.
  • Basement Remarks: Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room, Wood Burning
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Bar, Kit/Dining Rm Comb
  • Lot Description R: .5-1 Acre, Wooded
  • Possession R: Immediate, Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Enjoy peace, privacy, and space just minutes from Iowa City. This well-cared-for two-story home sits on a nearly one-acre wooded lot with mature landscaping. With 4 bedrooms, 3.5 baths, and a walk-out lower level, there's room for everyone inside and out. The main level features a bright sitting room, perfect for a home office, an eat-in kitchen with custom cherry cabinets and refinished maple floors, and a cozy family room with a wood-burning fireplace that opens to a dreamy four-season room. Upstairs is a spacious primary suite with ensuite bath and a large walk-in closet, two more bedrooms, and a full bath. The walk-out lower level offers a fourth bedroom, full bath, rec room, laundry, and great storage. A large deck, garden shed, and oversized three-stall garage with service doors add to the appeal. Recent updates include HVAC, appliances, refinished floors, and more. A peaceful setting with a pond next door makes this one a must-see.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 2007
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1000
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Upper
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Shed

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Water Sewer: Community Well, Private Septic, Water Softener (Owned), Reverse Osmosis
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 400
  • Fees Include: Street Maintenance

Schools

  • Elementary School: Shimek
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Shimek

Lot Info

  • Acreage: 0.92
  • Geo Subdivision: IA
  • Lot Dimensions: 40,075 sq feet
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 4873
  • Assessor Parcel Number: 0736103003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Aug 5, 2025
Sold by
James Chris E and James Lisa Marie
Bought by
Timperley Scott H and Timperley Linda K
Seller's Agent
Carla Werning
Ruhl&Ruhl, REALTORS - CR
Buyer's Agent
Brooke Kauffman
Urban Acres Real Estate Corridor
List Price
$485,000
Sold Price
$472,000
Premium/Discount to List
-$13,000
-2.68%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.50%
Original Mortgage
$165,000
Outstanding Balance
$165,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$313,507
Source: Public Records

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Range of Values:

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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 $472,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Previous Owner $170,200 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Previous Owner $280,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Sold $472,000 -0.6% $157 / Sq Ft
06/20/2025 06/20/25 Price Changed $475,000 -2.1% $158 / Sq Ft
06/05/2025 06/05/25 For Sale $485,000 -- $161 / 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 $4,732 $360,600 $64,400 $296,200
2023 $4,674 $360,600 $64,400 $296,200
2022 $4,402 $310,500 $46,300 $264,200
2021 $4,414 $310,500 $46,300 $264,200
2020 $4,414 $297,900 $46,300 $251,600
2019 $4,492 $297,900 $46,300 $251,600
2018 $4,406 $298,900 $46,300 $252,600
2017 $4,292 $298,900 $46,300 $252,600
2016 $3,642 $291,500 $46,300 $245,200
2015 $3,642 $257,700 $46,300 $211,400
2014 $3,408 $240,800 $46,300 $194,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202503709

Iowa City Area Association of REALTORS®

APN: 0736103003