$72,000
SOLD AUG 26, 2022

878 Silver Ln Iowa City, IA 52245

Eastside Neighborhood
0.25 Acre
$288,000 Price per Acre
10,890 Sq Ft Lot

Recently Sold

3% Below List Price

159 Days on Market

Highlights

  • Cul-De-Sac
  • Park
  • Gentle Sloping Lot
  • City High School Rated A-
  • Property is near schools

About This Lot

As of August 2024

This home is located at 878 Silver Ln, Iowa City, IA 52245 and is currently priced at $72,000. 878 Silver Ln is a home located in Johnson County with nearby schools including Robert Lucas Elementary School, Southeast Junior High School, and City High School.

Last Agent to Sell the Property

Molly Trimble

Lepic-Kroeger, REALTORS Listed on: 03/10/2022

Lepic-Kroeger, REALTORS

Co-Listed By

Rachel Barnes

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Phoebe Martin

Blank & McCune Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,208

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 133x138x27
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Property is zoned RS5

Location

  • Property is near schools
  • Property is near shops

Schools

  • Lucas Elementary School
  • Southeast Middle School

Utilities

  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1013187003

Community Details

Overview

  • Silver Slope Part 2 Subdivision

Recreation

  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$1,208

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Lot/Land
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Remarks: Nestled on the eastside of Iowa City and surrounded by trees, trails, and parks, this is the perfect location to build your dream home! Silver Slope Subdivision and its 19 larger single family lots is where old meets new - tucked right into the surrounding established neighborhoods. This lot has walkout potential and backs to open space, providing privacy. With all utilities in place (including fiber optics) and limited covenants, it is ready to go for your custom-built home!
  • Tax Year Report: 2020
  • Potential Use: Residential
  • Subdivision: Silver Slope Part 2
  • Directions: From Muscatine Ave, head north on Scott Blvd, Silver Ln is your first left. From Court St, head south on Scott Blvd, turn right onto Silver Ln.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Cul De Sac, Pavement

Utilities

  • Internet: Yes
  • Utilities Available: Cable TV, Electricity, Natural Gas, Sewer, Telephone, Underground Utilities, Water-City, See Other Remarks

Condo/Co-op/Association

  • Amenities: Neighborhood, Park, Street Lights, Close to Market, Close to School, Close to Shopping

Schools

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

Lot Info

  • Acreage: 0.25
  • Geo Subdivision: IA
  • Lot Dimensions: 133x138x27
  • Zoning: RS5
  • Estimated Lot Sq Ft: Less Than .5 Acre
  • Improvements: Curb & Gutter
  • Lot: 18
  • Present Use: Platted
  • Price Per Acre: 298000
  • Topology: Gentle Rolling

Tax Info

  • Gross Tax County City: 136.88
  • Assessor Parcel Number: 1013187003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Aug 16, 2024
Sold by
Wesley Ryan O
Bought by
Jlee Homes Llc
Seller's Agent
Phoebe Martin
Blank & McCune Real Estate
Buyer's Agent
Timothy Lehman
Edge Realty Group
List Price
$68,000
Sold Price
$67,000
Premium/Discount to List
-$1,000
-1.47%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1075.18%
Original Mortgage
$580,000
Outstanding Balance
$576,431
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$9,392

Purchase Details

Listed on
Mar 10, 2022
Closed on
Aug 26, 2022
Sold by
Hieronymus Family Partnership Llp
Bought by
Wesley Ryan O
Seller's Agent
Molly Trimble
Lepic-Kroeger, REALTORS
Buyer's Agent
Phoebe Martin
Blank & McCune Real Estate
List Price
$74,500
Sold Price
$72,000
Premium/Discount to List
-$2,500
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.57%
Original Mortgage
$72,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $67,000 None Listed On Document
Warranty Deed $72,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 Construction
Closed $50,250 Credit Line Revolving
Previous Owner $72,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $589,000 -1.7% $227 / Sq Ft
05/07/2025 05/07/25 Price Changed $599,000 -2.6% $231 / Sq Ft
04/02/2025 04/02/25 For Sale $615,000 +817.9% $237 / Sq Ft
08/16/2024 08/16/24 Sold $67,000 -1.5% --
08/13/2024 08/13/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $68,000 -5.6% --
08/26/2022 08/26/22 Sold $72,000 0.0% --
08/26/2022 08/26/22 Sold $72,000 -3.4% --
03/12/2022 03/12/22 For Sale $74,500 0.0% --
03/10/2022 03/10/22 For Sale $74,500 +3.5% --
02/16/2022 02/16/22 Off Market $72,000 -- --
02/17/2021 02/17/21 For Sale $74,500 -- --
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 $1,208 $64,220 $64,220 $0
2023 $1,218 $64,220 $64,220 $0
2022 $1,164 $56,200 $56,200 $0
2021 $136 $56,200 $56,200 $0
2020 $136 $6,330 $6,330 $0
2019 $140 $6,330 $6,330 $0
2018 $140 $6,330 $6,330 $0
2017 $138 $6,330 $6,330 $0
2016 $10 $6,330 $6,330 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Lehman

    Seller's Agent in 2025

    Timothy Lehman

    Edge Realty Group

    (319) 331-7900

    15 in this area

    314 Total Sales

    Timothy Lehman
    Section Image
  • Stacy Schroeder

    Seller Co-Listing Agent in 2025

    Stacy Schroeder

    Edge Realty Group

    (319) 321-7909

    14 in this area

    328 Total Sales

    Stacy Schroeder
    Section Image

  • P

    Seller's Agent in 2024

    Phoebe Martin

    Blank & McCune Real Estate

    (319) 541-8695

    26 in this area

    361 Total Sales

    Phoebe Martin
    Section Image
  • Molly Trimble

    Seller's Agent in 2022

    Molly Trimble

    Lepic-Kroeger, REALTORS

    (319) 430-8661

    10 in this area

    179 Total Sales

    Molly Trimble
    Section Image
  • Rachel Barnes

    Seller Co-Listing Agent in 2022

    Rachel Barnes

    Lepic-Kroeger, REALTORS

    (319) 321-5108

    10 in this area

    152 Total Sales

    Rachel Barnes
    Section Image

  • D

    Buyer's Agent in 2022

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    67 in this area

    4,904 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202201408

Iowa City Area Association of REALTORS®

APN: 1013187003

Iowa Johnson County Iowa City 52245 Eastside

878 Silver Ln, Iowa City, IA

This home is located at 878 Silver Ln, Iowa City, IA 52245 and is currently priced at $72,000. 878 Silver Ln is a home located in Johnson County with nearby schools including Robert Lucas Elementary School, Southeast Junior High School, and City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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