NOT LISTED FOR SALE

804 Fairway Ln SE Iowa City, IA 52240

Estimated Value: $368,000 - $524,000

4 Beds
2.5 Baths
2,388 Sq Ft
$184/Sq Ft Est. Value

Last Sold April 06, 2015

Last sale price $265,000 $111 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,846/month

49 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Breakfast Area or Nook
  • City High School Rated A-
  • Private Yard
  • Formal Dining Room

About This Home

As of April 2015

Country style living, in the city! Well cared for one owner home located in Far Horizons gives you so much space inside and out! Freshly painted & prof. cleaned carpets throughout! Main level boasts lg LR, formal DR, eat-in kitchen & family room! Open style FR to kitchen includes gas fireplace & built-ins! Kitchen has ample cabinets, pantry, desk. LG 3 seasons rm via sliders w/deck & steps to yard. LG master bedroom w/3/4 bath, bedrooms w/custom built-ins. LL FR w/walkout & shop area. Side loaded garage.

Last Agent to Sell the Property

Mike Jensen

Lepic-Kroeger, REALTORS Listed on: 02/02/2015

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Phoebe Martin

Blank & McCune Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 120 x 236
  • Cul-De-Sac
  • Private Yard

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room Downstairs
  • Separate Formal Living Room
  • Formal Dining Room
  • Library
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near shops

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Community Well
  • Private or Community Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include garbage pickup, street maintenance
  • Built by Schweer
  • Far Horizons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0918158004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,894

Year Built

Built in 1972

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2388
  • Homebuilder: Schweer
  • Number of Upper Level Three Quarter Bathrooms: 1
  • Owner Name L F Mi: Robert & Shirley Vermace
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Wonderful closet/storage space in bedrooms and throughout the home - including cedar closet. Ceiling fans in all bedrooms. New Lennox furnace 2007 w/new motor 2014. New water heater - AO Smith 2014. Microwave, dishwasher, range in 2011. Roof and siding 2008. 3 Seasons Room is 18 x 12. Deck is 12 x 14.
  • Year Built: 1972
  • Tax Year Report: 2013
  • Subdivision: Far Horizons
  • Directions: American Legion Road to the East then North or left on Fairway Lane
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Close to Shopping
  • Basement Remarks: Finished, Partial, Walkout
  • Fireplace Type Location: In Great/Family Room, Gas
  • Interior R: Bookcases, Cable Available, Foyer-Entrance
  • Kitchen Breakfast R: Breakfast Area, Pantry
  • Lot Description R: Less than .5 Acre, Cul De Sac, Private Backyard
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Country style living, in the city! Well cared for one owner home located in Far Horizons gives you so much space inside and out! Freshly painted & prof. cleaned carpets throughout! Main level boasts lg LR, formal DR, eat-in kitchen & family room! Open style FR to kitchen includes gas fireplace & built-ins! Kitchen has ample cabinets, pantry, desk. LG 3 seasons rm via sliders w/deck & steps to yard. LG master bedroom w/3/4 bath, bedrooms w/custom built-ins. LL FR w/walkout & shop area. Side loaded garage.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Intercom/Radio, Washer
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 2004
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Total Three Quarter Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 384
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Upper
  • Mstr Br Width: 12
  • Number of Fireplaces: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Community Well, Private Septic
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: $600
  • Fees Include: Garbage Pickup, Street Maintenance, Other

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 120 x 236
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3147
  • Assessor Parcel Number: 0918158004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
Apr 1, 2015
Sold by
Vermace Robert E and Vermace Shirley
Bought by
Drum Joshua H and Drum Carrie L L
Seller's Agent
Mike Jensen
Lepic-Kroeger, REALTORS
Buyer's Agent
Phoebe Martin
Blank & McCune Real Estate
List Price
$272,500
Sold Price
$265,000
Premium/Discount to List
-$7,500
-2.75%
Current Estimated Value
$439,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,094
Avg. Annual Appreciation
4.39%
Original Mortgage
$26,500
Interest Rate
3.73%
Mortgage Type
Stand Alone Second
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Drum Joshua H $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drum Carrie L $296,100
Closed Drum Carrie L $32,000
Closed Drum Carrie L $283,500
Closed Drum Carrie L $27,000
Closed Drum Carrie L L $198,750
Closed Drum Carrie L L $53,000
Closed Drum Joshua H $26,500
Closed Drum Joshua H $238,500
Previous Owner Vermace Robert E $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2015 04/06/15 Sold $265,000 -2.8% $111 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $272,500 -- $114 / 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 $4,894 $362,000 $75,200 $286,800
2023 $4,492 $362,000 $75,200 $286,800
2022 $4,228 $289,900 $75,200 $214,700
2021 $4,254 $289,900 $75,200 $214,700
2020 $4,254 $279,100 $75,200 $203,900
2019 $4,198 $279,100 $75,200 $203,900
2018 $4,120 $271,400 $74,600 $196,800
2017 $4,022 $271,400 $74,600 $196,800
2016 $3,836 $265,700 $74,600 $191,100
2015 $3,836 $262,500 $81,400 $181,100
2014 $3,154 $226,700 $59,700 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20150749

Iowa City Area Association of REALTORS®

APN: 0918158004