Sold Feb 11, 2022
$405,000
Buyer
$324,000
by Greenstate Credit Union
Mortgage Due Mar 01, 2027
Sold Mar 30, 2021
$370,000
Buyer
Seller
$269,900
by Premier Mortgage Llc
Mortgage Due Apr 01, 2051
Local assessors in Iowa City, IA have categorized 4489 Luke Drive as a residential type of property.
The property's lot size has been calculated to be 11,195 square feet.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4489 Luke Drive sold most recently in Dec 30, 2021 for a total of $405,000. Before that, the property was also sold for $370,000 in Mar 23, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,456 in taxes each year. 4489 Luke Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $419,200. If we break it down further, the land itself was valued at $66,900. Improvements to the property, however, were assessed at a total of $352,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4489 Luke Drive sold most recently in Dec 30, 2021 for a total of $405,000. Before that, the property was also sold for $370,000 in Mar 23, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,456 in taxes each year. 4489 Luke Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $419,200. If we break it down further, the land itself was valued at $66,900. Improvements to the property, however, were assessed at a total of $352,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Building Features
Condition
New Construction
Exterior
Stone Exterior
Vinyl Siding
Parking
Attached Garage
Open Parking
This property description is generated based on publicly available data.
4489 Luke Drive, Iowa City, IA 52246
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