2 months on rocket

261 Colchester Dr, Iowa City, IA, 52245

$519,900

Home List Price

$6,174*

Closing Credit

5 Bedrooms
3 Full Baths
2,642 SqFt
$197/SqFt
House

Location

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261 Colchester Dr, Iowa City$519,900

Buyer Closing Credits

$6,174*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Garage Door Opener
Garage3 spaces
Year BuiltNew Const., 2024
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #2407165
Lot Size0.19 Acres
StatusActive

About 261 Colchester Dr

*Under Construction* **Photos are of a similar property** Welcome to the "Wabash" by Navigate Homes, a beautifully crafted 5-bedroom, 3-bathroom ranch-style home designed for modern living. The open concept living area is perfect for both daily life and entertaining, with stylish LVP flooring and sleek quartz countertops throughout. The main level includes a convenient laundry room, while the primary suite offers a private en suite bath and a spacious walk-in closet. Ideally located just minutes from downtown Iowa City, this home combines comfort, style, and convenience.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2024
  • Living Area: 2,642 SqFt

Listing Office:

  • Office Name: Navigate Homes
  • Office Phone: (319) 325-8113
  • Listing Agent: David Vahle

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Basement: Yes
  • Interior: Bath in Primary Bedroom, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 261 Colchester Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $519,900
  • Price Per SqFt: $197/SqFt

HOA Fees:

  • Amount: $100
  • Frequency: Annually

Tax Information:

  • Annual Amount: $892
  • 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

$169

Avg. Days On Market

40

# of Sold Homes

18

261 Colchester Dr vs Iowa City

68 DAYS ON ROCKET

+28 Days

$519,900

+$217.4K More

$197/SqFt

+$28 More

KEY TAKEAWAY

This property is $217.4K more than the Median Sold Price and $28/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: #2407165

Listing Office:

  • Office Name: Navigate Homes
  • Office Phone: (319) 325-8113
  • Listing Agent: David Vahle

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: 12/21/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$892$43,490
2020$106$41,210
2018$110$5,000
2017$108$5,000

History based on county public records data.

Payment Calculator

$2,670

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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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.

Nearby Schools

school-card-donut-820135
6
/10
  • Helen Lemme Elementary School

  • 3100 E Washington St

  • 1.14 miles

  • Public District Grades KG-6

school-card-donut-820136
4
/10
  • Robert Lucas Elementary School

  • 830 Southlawn Dr

  • 1.55 miles

  • Public District Grades PK-6

school-card-donut-820137
5
/10
  • Longfellow Elementary School

  • 1130 Seymour Ave

  • 2.78 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,744. The most common annual income of people living in Iowa City, IA is between $35k-100k. The majority of families are 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 261 Colchester Dr

What is the listing price of this property?

The listing price of 261 Colchester Dr property is $519,900.

What type of property is this?

The property 261 Colchester Dr is a house located in Iowa City, Iowa, 52245.

Is this property for sale now?

Active Listing: 261 Colchester Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $892 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 261 Colchester Dr has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 261 Colchester Dr is 2,642 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 261 Colchester Dr is 2024.

Rocket Homes›Iowa›Johnson County›Iowa City›52245›261 Colchester Dr

This home is located at 261 Colchester Dr in Iowa City, IA and zip code 52245 in the Windsor Ridge neighborhood. This 2,642 square foot home, which was built in 2024, sits on a 0.19 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $519,900.

While more than 0 listings in Iowa City, IA in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 12 were sold below. The inventory of homes for sale in Iowa City, IA between October 2024 and November 2024 decreased by 2.4%. While the average time on the market in November 2024 was 40 days, the median list price was $302,500.

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

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