See Home Value
Iowa City 52240 Wood
1451 Terrapin Dr.
$334,907*
House - Off Market

1451 Terrapin Dr.

Iowa City, IA 52240
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1808 Sqft
$293,000 - $357,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Mar 10, 2023
$325,000
$260,000 by Greenstate Credit Union
Mortgage Due Apr 05, 2053
Sold Jul 01, 2020
$270,000
$215,920 by Bank Of America Na
Mortgage Due Aug 01, 2050

About This Property

$3000.00 CREDIT TO BUYER FOR CLOSING COSTS WITH AN ACCEPTABLE OFFER!  This multi-level home is located on a beautiful lot with no neighbors on the right-hand side.  The open floor plan is perfect for entertaining and offers a large kitchen with a breakfast bar, stainless steel appliances, and quartz countertops.  The dining space overlooks the lower level family room, an electric fireplace with stone surround and built-ins.  There's a slider off the family room where you can enjoy the view of the lovely back yard.  The primary bedroom has a vaulted ceiling, full bathroom with a double vanity, and a walk-in closet.  The unfinished space in the lower level is great for storage but could also be finished for more living space.

The manager has listed the unit size as 1808 square feet.
Unit Size
1,808Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
House
Property Taxes
$445
HOA Dues
$100
Year Built
-

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold to Collin Montgomery, Irene Sue $325,000
Sold to Collin Montgomery, Irene Sue
Mar 7, 2023 No longer available -
No longer available
Feb 16, 2023 In contract -
In contract
Dec 28, 2022 Price Decreased $325,000
↓ $10K (3%)
Price Decreased
Nov 11, 2022 Price Decreased $335,000
↓ $5K (1.5%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,924
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROOKWOOD POINTE FOURTH ADD
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: BROOKWOOD POINTE FOURTH ADDITION LOT 1

Ownership

  • Current Owner : SUE IRENE
  • Current Owner 2: MONTGOMERY COLLIN
  • Previous Owner : MARSHALL WILLIAM G
  • Owner Before Previous Owner: STEVE KOHLI CONSTRUCTION LC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Iowa City Community School District
  • School Tax School District: IOWA CITY
  • Census Tract: 001802

Geography

  • Assessors Map Reference: PM 1023399026
  • Parcel: 1023399026
  • Lot: 1
  • Municipality: IOWA CITY
  • Latitude: 41.6309
  • Longitude: -91.5156

    Address

  • Full Address: 1451 Terrapin Dr
  • Address - House Number: 1451
  • Address - Street Name: Terrapin
  • Address - Suffix Type: Dr
  • State: IA
  • City Name: Iowa City
  • Carrier Code: R012
  • 4-Digit Zip Code: 8300
  • Zip Code: 52240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,396
  • Tax Rate Code Area: ICI

    Appraisal Valuation

  • Standard Deviation: 0.129
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 85
  • Final Value: 351,475
  • High Value: 396,833
  • Low Value: 306,118

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $325,000
  • First Open Lien Mortgage Lender: GREENSTATE CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 10, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2053
  • Second Open Lien Mortgage Recording Date: Mar 10, 2023
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Apr 05, 2053

    Market Valuation

  • Market Total Value: $314,530
  • Market Land Value: $45,920
  • Market Improvement Value: $268,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,530
  • Assessed Land Value: $45,920
  • Assessed Improvements Value: $268,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2022
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Transaction ID: 11903316879
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 01, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENSTATE CREDIT UNION
  • First Mortgage Transaction Date: Mar 10, 2023
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 05, 2053
  • Second Mortgage Loan Amount: $65,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 01, 2020
  • Previous Mortgage Loan Amount: $215,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,404 ft²
$231/ft²
$324,900 Jan 6, 2023
-
$447/mo
Condo
3 Beds
2.5 Baths
1,880 ft²
$179/ft²
$336,000 Jan 6, 2023
-
$1,800/mo
House
5 Beds
3 Baths
2,231 ft²
$152/ft²
$339,000 Nov 2, 2022
-
$416/mo

About Wood


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Frequently Asked Questions

When was property at 1451 Terrapin Drive built and last sold?
The property at 1451 Terrapin Drive was built in and last sold on Oct 27, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 1451 Terrapin Drive is $323,846.
What are some comparable homes to 1451 Terrapin Drive?
There are currently no comparable homes to 1451 Terrapin Drive.

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