11 days on rocket

4872 Preston Ln, Iowa City, IA, 52246

$550,000

Home List Price

$6,531*

Closing Credit

5 Bedrooms
3 Full Baths
2,534 SqFt
$217/SqFt
House
Schools Nearby

Location

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4872 Preston Ln, Iowa City$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Garage3 spaces
Year Built2019
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceInsert, Gas, Living Room
MLS #2402804
Lot Size0.22 Acres
StatusActive

About 4872 Preston Ln

Looking for something in the West High School District? This home is nestled right between Iowa City and Coralville. You're literally close to everything; Schools, University of Iowa, Hospital, Finkbine Golf Course, Kinnick Stadium, Trails, Restaurants, and more! An open floor plan with great natural light. Luxe kitchen with gas range, tile backsplash and stainless steel appliances. Vaulted ceiling, gas fireplace in living room and screened-in porch with full deck off of the dining area. Primary bedroom features a boxed ceiling with lighting and a ensuite bathroom with dual vanities, tile shower w/glass door and walk-in closet. A fully finished lower level with large family room, walkout with patio and backing up to a wooded outlot.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2019
  • Living Area: 2,534 SqFt

Listing Office:

  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 625-6427
  • Listing Agent: Jerad Ruth

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Water Softener, Washer
  • Basement: Yes
  • Interior: Breakfast Bar, Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary, Vaulted Ceiling(s)
  • Fireplace: Insert, Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Attached, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 4872 Preston Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • West Senior High School, Public District Grades 9-12
  • Southeast Junior High School, Public District Grades 7-8
  • Norman Borlaug Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $217/SqFt

HOA Fees:

  • Amount: $100
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,352
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Iowa City, IA.

Med. Sold Price

$302.5K

Med. Price/SqFt

$166

Avg. Days On Market

29

# of Sold Homes

18

4872 Preston Ln vs Iowa City

11 DAYS ON ROCKET

-18 Days

$550,000

+$247.5K More

$217/SqFt

+$50 More

KEY TAKEAWAY

This property is $247.5K more than the Median Sold Price and $50/SqFt more than other homes in Iowa City, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CDR
  • MLS Number: #2402804

Listing Office:

  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 625-6427
  • Listing Agent: Jerad Ruth

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 9:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 02, 2019Home Sold
$419,500
Jul 01, 2019Home Sold
$419,500

Tax History

YEARPROP. TAXASSESSMENT
2021$8,352$398,320
2020$2,906$394,880

History based on county public records data.

Payment Calculator

$2,821

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7132408
7
/10
  • Norman Borlaug Elementary School

  • 1000 Kennedy Parkway

  • 0.23 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7132409
3
/10
  • Southeast Junior High School

  • 2501 Bradford Dr

  • 5.74 miles

  • Public District Grades 7-8

High School

school-card-donut-7132410
7
/10
  • West Senior High School

  • 2901 Melrose Ave

  • 1.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,469. Residents of Iowa City, IA typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4872 Preston Ln

What is the listing price of this property?

The listing price of 4872 Preston Ln property is $550,000.

What type of property is this?

The property 4872 Preston Ln is a house located in Iowa City, Iowa, 52246.

Is this property for sale now?

Active Listing: 4872 Preston Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4872 Preston Ln are:
Norman Borlaug Elementary School: GreatSchools Rating 7/10
Southeast Junior High School: GreatSchools Rating 3/10
West Senior High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,352 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 2, 2019 for $419,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4872 Preston Ln has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4872 Preston Ln is 2,534 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4872 Preston Ln is 2019.

Rocket Homes›Iowa›Johnson County›Iowa City›52246›4872 Preston Ln

This home is located at 4872 Preston Ln in Iowa City, IA and zip code 52246. This 2,534 square foot home, which was built in 2019, sits on a 0.22 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $550,000.

In April 2024 more than 6 listings in Iowa City, IA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 6 were sold below. The number of homes for sale in Iowa City, IA decreased by 3.2% between March 2024 and April 2024. The median list price of listings available in April 2024 was $302,500, while the average time on the real estate market was 29 days.

From Rocket Homes Real Estate and based on county public records data.

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