$925,000
$25K PRICE DROP

701 Sherwood Dr Iowa City, IA 52245

Estimated payment $6,336/month

Total Views 2,035
4 Beds
3 Baths
3,437 Sq Ft
$269 Price per Sq Ft

Highlights

  • Home Theater
  • Waterfront
  • Ranch Style House
  • City High School Rated A-
  • Deck
  • Radiant Floor

About This Home

Situated on a beautiful lot overlooking 2 HOA maintained ponds, this ranch home offers peaceful views & luxurious finishes in a prime Iowa City neighborhood. The main level features soaring ceilings & a dramatic floor-to-ceiling stacked stone surround on the gas fireplace & windows. Sunroom w/ coffered ceiling opens to a maintenance-free deck w/ stairs to a covered patio and brick hardscaping with built-in fire pit. The kitchen includes granite counters, island/breakfast bar, gas range w/ hood, wall oven, and walk-in pantry. Primary suite is a true retreat with a double-sided fireplace—one side in the bedroom, the other beside the jetted tub in the ensuite bath with dual vanities, tile shower, heated floors, and walk-in closet. Enjoy pond views from the private balcony off the primary. Walkout LL adds an electric fireplace, built-ins, wet bar, theater room, 4th bedroom, and 3rd bath.

Listing Agent

Mike Jensen

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 06/24/2025

LEPIC-KROEGER CORRIDOR, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,240

Year Built

  • Built in 2012

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 82x140
  • Waterfront
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • Central Vacuum
  • Wired For Sound
  • Electric Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Home Theater
  • Radiant Floor
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Hoover Elementary School
  • Southeast Middle School

Utilities

  • Central Air
  • Geothermal Heating and Cooling

Community Details

  • Built by Arlington

Listing and Financial Details

  • Assessor Parcel Number c0918280004

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,240

Year Built

Built in 2012

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Association Fee Frequency: Annually
  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Waterfront
  • Lot Size Acres: 0.33
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Range Hood, Washer
  • Co List Office Phone: 319-351-8811
  • MLS Status: Active
  • Directions: Amerian Leagion Rd to Buckingham Ln to Sherwood Dr. Or Arlington Dr to Buckingham Ln to Sherwood Dr.
  • Above Grade Finished Sq Ft: 2147.0
  • Architectural Style: Ranch
  • Reso Interior Features: Breakfast Bar, Bath in Primary Bedroom, Main Level Primary, Central Vacuum, Jetted Tub, Wired for Sound
  • New Construction: No
  • ResoRoomType: Great Room, Living Room, Media Room
  • Year Built: 2012
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Walk-Out Access
  • Basement: Yes
  • Fireplace Features: Electric, Gas, Great Room, Living Room, Primary Bedroom, See Remarks
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1290.0
  • Fireplace: Yes

Exterior Features

  • Waterfront: Yes
  • Construction Type: Frame, Stone, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Geothermal, Central Air
  • Cooling Y N: Yes
  • Heating: Geothermal, Radiant Floor
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association: Yes

Schools

  • Elementary School: Hoover
  • High School: City
  • Middle Or Junior School: Southeast

Lot Info

  • Lot Dimensions: 82x140
  • ResoLotSizeUnits: Acres
  • Parcel Number: c0918280004

Building Info

  • Builder Name: Arlington

Tax Info

  • Tax Annual Amount: 14240.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,044 $757,030 $92,470 $664,560
2023 $13,610 $757,030 $92,470 $664,560
2022 $13,002 $636,790 $92,470 $544,320
2021 $12,986 $636,790 $92,470 $544,320
2020 $12,986 $609,150 $92,470 $516,680
2019 $12,710 $609,150 $92,470 $516,680
2018 $12,710 $587,050 $92,470 $494,580
2017 $12,572 $587,050 $92,470 $494,580
2016 $12,404 $584,210 $92,470 $491,740
2015 $12,404 $584,210 $92,470 $491,740
2014 $12,332 $578,790 $92,470 $486,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $925,000 -2.6% $269 / Sq Ft
06/24/2025 06/24/25 For Sale $950,000 +61.0% $276 / Sq Ft
07/12/2013 07/12/13 Sold $589,900 0.0% $177 / Sq Ft
06/21/2013 06/21/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $589,900 -- $177 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $590,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2504714

Cedar Rapids Area Association of REALTORS®

APN: 0918280004