19 days on rocket

1940 Sherman Dr, Iowa City, IA, 52240

$325,000

Home List Price

$3,859*

Closing Credit

3 Bedrooms
2 Full Baths
1,565 SqFt
$208/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1940 Sherman Dr, Iowa City$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Garage2 spaces
Year Built2010
CoolingCentral Air
BasementYes
MLS #2405982
StatusActive

About 1940 Sherman Dr

Move-in ready ranch with lots of potential! The main level features vaulted ceilings, coordinating light and fan fixtures, as well as handicap accessibility. The primary suite has a spacious walk-in closet and roomy bathroom with easy entry to the large shower. Another bedroom and full bathroom lead out to the great room, which is bright with lots of natural light and tall ceilings. The kitchen/dining area offers an adjacent pantry/laundry, lots of counter space and cabinetry, and leads out to the concrete patio and beautiful low maintenance backyard as well as the beneficial solar panels. The lower level has another finished bedroom and plenty of unfinished area full of potential. Check this one out today in beautiful Iowa City!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2010
  • Living Area: 1,565 SqFt

Listing Office:

  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 366-6427
  • Listing Agent: Cathy Hill, Crs

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Breakfast Bar, Kitchen/Dining Combo, Main Level Primary, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cul-De-Sac

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Iowa City High School, Public District Grades 9-12
  • Northwest Junior High School, Public District Grades 7-8
  • Grant Wood Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $4,452
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Iowa City, IA

City

Med. Sold Price

$315K

Med. Price/SqFt

$167

Avg. Days On Market

33

# of Sold Homes

20

1940 Sherman Dr vs Iowa City

19 DAYS ON ROCKET

-14 Days

$325,000

+$10K More

$208/SqFt

+$40 More

KEY TAKEAWAY

This property is $10K more than the Median Sold Price and $40/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: #2405982

Listing Office:

  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 366-6427
  • Listing Agent: Cathy Hill, Crs

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: 9/16/2024, 2:20:48 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

Nov 04, 2010Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,452$222,580
2020$4,368$214,530
2018$4,176$198,620
2017$4,128$198,620

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-2320341
3
/10

  • Grant Wood Elementary School

  • 1930 Lakeside Dr

  • 0.28 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2320342
5
/10

  • Northwest Junior High School

  • 1507 8th St

  • 5.31 miles

  • Public District Grades 7-8

High School

school-card-donut-2320343
7
/10

  • Iowa City High School

  • 1900 Morningside Dr

  • 1.97 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,895. Most Iowa City, IA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Iowa City, IA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Iowa City, IA?

Iowa City's housing market is diverse, offering a mix of residential options that cater to a range of preferences and needs. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles ranging from classic bungalows to contemporary designs. Multi-family dwellings such as apartments and condominiums are also available, particularly in areas closer to the city center and university campus, providing options for those seeking a more urban living experience. The homeownership rate in Iowa City is robust, with a healthy balance between owners and renters within the community.

Is Iowa City, IA a good place to live?

Iowa City is celebrated for its vibrant cultural scene and strong sense of community. As a UNESCO City of Literature, it prides itself on a rich literary heritage and hosts several events throughout the year that attract writers and readers alike, such as the Iowa City Book Festival. The downtown area is a hub of activity with local shops, art galleries, and eateries that reflect the city's creative and diverse character. The presence of the University of Iowa adds a youthful energy to the city and contributes to its dynamic atmosphere.

Are things conveniently located in Iowa City, IA?

The community is served by a comprehensive array of services that cater to the needs of its residents. Educational opportunities are abundant, with a number of public and private schools, including those affiliated with religious organizations, as well as higher education institutions like the University of Iowa. Healthcare is readily accessible, with several hospitals and clinics offering a range of medical services from primary care to specialized treatments. Public libraries are well-distributed, providing educational and cultural resources to the community. Retail and dining options are plentiful, with an emphasis on local businesses that showcase the city's unique flavor.

What does the transportation in Iowa City, IA look like?

Transportation in Iowa City is facilitated by a network of roads and highways that connect the city to surrounding areas, as well as a public transit system that serves the community with regular bus routes. The city is also bike-friendly, with designated lanes and trails that encourage cycling as a mode of transport. For those who prefer ride-sharing, services are available throughout the city, complementing the public transportation options. Efforts have been made to enhance the efficiency and accessibility of the transport infrastructure to accommodate the city's growth and ensure ease of movement for residents and visitors.

Frequently Asked Questions About 1940 Sherman Dr

What is the listing price of this property?

The listing price of 1940 Sherman Dr property is $325,000.

What type of property is this?

The property 1940 Sherman Dr is a house located in Iowa City, Iowa, 52240.

Is this property for sale now?

Active Listing: 1940 Sherman Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1940 Sherman Dr are:
Grant Wood Elementary School: GreatSchools Rating 3/10
Northwest Junior High School: GreatSchools Rating 5/10
Iowa City 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 $4,452 (source: MLS/based on county public records data).

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

The last sale was on November 4, 2010 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1940 Sherman Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1940 Sherman Dr is 1,565 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1940 Sherman Dr is 2010.

Rocket Homes›Iowa›Johnson County›Iowa City›52240›1940 Sherman Dr

This home is located at 1940 Sherman Dr in Iowa City, IA and zip code 52240. This 1,565 square foot home was built in 2010. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $325,000.

In August 2024, from all listings sold in Iowa City, IA there were more than 6 sold above asking price, over 7 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Iowa City, IA between July 2024 and August 2024 increased by 1.8%. The median list price of listings available in August 2024 was $315,000, while the average time on the real estate market was 33 days.

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

More Resources