NOT LISTED FOR SALE

8 Cherry Ln NE Iowa City, IA 52240

Estimated Value: $781,000 - $847,000

5 Beds
3.5 Baths
4,446 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $719,000 $162 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,230/month

81 Days on Market

Highlights

  • 2.37 Acre Lot
  • Deck
  • Wooded Lot
  • Liberty High School Rated A
  • Recreation Room
  • Whirlpool Bathtub

About This Home

As of August 2024

GLORIOUS OUTDOOR LIVING enjoyed from this two story, brick home with 2.37 acres including private orchard with cherry, peach, apple and pear trees and vegetable/herb garden with kale, chives, rhubarb and strawberries. Timeless design and transitional appeal created with hardwood floors, painted white moldings and doors and large windows throughout. Suited for entertaining with main level living and dining rooms, 1st floor family room open to the spacious kitchen and walk-out lower level with family room with projection TV and additional recreation area. With four bedrooms on the upper level and a guest bedroom in the lower level this nearly 4500 sq ft home accommodates comfort and space. Outstanding "close-in" acreage located at end of quiet cul de sac, situated in prime Iowa City location, close to town, Interstate, shopping, trails and recreation. *July 16th, ideal possession.

Last Agent to Sell the Property

Lynn Weinstein

Blank & McCune Real Estate Listed on: 05/13/2024

Last Buyer's Agent

Lynn Weinstein

Blank & McCune Real Estate Listed on: 05/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,226

Year Built

  • Built in 1988

Lot Details

  • 2.37 Acre Lot
  • Cul-De-Sac
  • Wooded Lot
  • Private Yard
  • Garden

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Family Room Downstairs
  • Separate Formal Living Room
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near shops

Schools

  • Penn Elementary School
  • North Central Middle School
  • Liberty High School

Utilities

  • Geothermal Heating and Cooling
  • Community Well
  • Private or Community Septic Tank
  • Internet Available

Community Details

  • Association fees include garbage pickup, reserve fund, street maintenance, water
  • Built by Sodergren
  • Cherry Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0728201026

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,226

Year Built

Built in 1988

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 4446
  • Homebuilder: Sodergren
  • Owner Name L F Mi: Rupp, Alexander & Gribovskaja-Rupp, Irena
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Noteworthy improvements include: New water heater and instant hot water (2021), new washer/dryer (2020), new microwave, dishwasher and kitchen faucet (2020), LED lights, remodeled main level bath, lower level bath remodeled (2019), new roof (2023), new driveway parking pad (2024)
  • Year Built: 1988
  • Tax Year Report: 2022
  • Subdivision: Cherry Hills
  • Directions: Dubuque St north of Interstate to Cherry Ln. Property at end of subdivision.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Street Lights, Close to Shopping
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room, Wood Burning
  • Interior R: Bookcases, Ceiling-9+ ft, Whirlpool
  • Kitchen Breakfast R: Breakfast Area, Island, Pantry
  • Lot Description R: 2-5 Acre, Cul De Sac, Private Backyard, Wooded
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: GLORIOUS OUTDOOR LIVING enjoyed from this two story, brick home with 2.37 acres including private orchard with cherry, peach, apple and pear trees and vegetable/herb garden with kale, chives, rhubarb and strawberries. Timeless design and transitional appeal created with hardwood floors, painted white moldings and doors and large windows throughout. Suited for entertaining with main level living and dining rooms, 1st floor family room open to the spacious kitchen and walk-out lower level with family room with projection TV and additional recreation area. With four bedrooms on the upper level and a guest bedroom in the lower level this nearly 4500 sq ft home accommodates comfort and space. Outstanding "close-in" acreage located at end of quiet cul de sac, situated in prime Iowa City location, close to town, Interstate, shopping, trails and recreation. *July 16th, ideal possession.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Double Oven, Microwave, Wall Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 3172
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1274
  • Laundry Location: Laundry Room, 1st Floor, Main
  • Mstr Br Level: Upper
  • Mstr Br Width: 14
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Garden Area, Patio

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Community Well, Private Septic, 2662
  • Heating Cooling: Ceiling Fans, Electric, Geothermal

Condo/Co-op/Association

  • Association Fee: 2476.00
  • Fees Include: Garbage Pickup, Reserve Fund, Street Maintenance, Water

Schools

  • Elementary School: Penn
  • Middle School: North Central
  • High School: Liberty High School
  • High School: Liberty High School
  • Jr Middle School: North Central
  • Elementary School: Penn

Lot Info

  • Acreage: 2.37
  • Geo Subdivision: IA
  • Lot Dimensions: 2.37
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 8403.38
  • Assessor Parcel Number: 0728201026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 2, 2024
Sold by
Rupp Alexander Frederick and Gribovskaja-Rupp Irena
Bought by
Singhal Arun and Singhal Monika
Seller's Agent
Lynn Weinstein
Blank & McCune Real Estate
Buyer's Agent
Lynn Weinstein
Blank & McCune Real Estate
List Price
$799,000
Sold Price
$719,000
Premium/Discount to List
-$80,000
-10.01%
Views
16
Current Estimated Value
$804,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,796
Avg. Annual Appreciation
9.76%
Original Mortgage
$419,000
Outstanding Balance
$383,566
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$421,230

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jun 5, 2015
Sold by
Heistad Donald D and Westmoreland Patricia
Bought by
Rupp Alexander Frederick and Gribovskaja Rupp Irena
Seller's Agent
Jackie Blank
Blank & McCune Real Estate
Buyer's Agent
Andi Miller
Lepic-Kroeger, REALTORS
List Price
$569,900
Sold Price
$550,000
Premium/Discount to List
-$19,900
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$55,000
Interest Rate
0.78%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Singhal Arun $719,000 None Listed On Document
Rupp Alexander Frederick $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singhal Arun $419,000
Previous Owner Rupp Alexander Frederick $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2024 08/02/24 Sold $719,000 -10.0% $162 / Sq Ft
05/13/2024 05/13/24 For Sale $799,000 +45.3% $180 / Sq Ft
06/12/2015 06/12/15 Sold $550,000 -3.5% $118 / Sq Ft View Prior Sale
06/02/2015 06/02/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $569,900 -- $122 / 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
2025 $9,226 $733,000 $152,400 $580,600
2024 $9,126 $685,200 $152,400 $532,800
2023 $8,266 $685,200 $152,400 $532,800
2022 $7,786 $541,900 $127,400 $414,500
2021 $7,814 $541,900 $127,400 $414,500
2020 $7,814 $520,000 $127,400 $392,600
2019 $9,244 $520,000 $127,400 $392,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202402782

Iowa City Area Association of REALTORS®

APN: 0728201026