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5424 400th St SE, Iowa City, IA, 52240

$1,350,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,806 SqFt
$481/SqFt
House

Location

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5424 400th St SE, Iowa City$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingFour or more Spaces
Year Built1900
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #2408035
Lot Size25.00 Acres
StatusActive

About 5424 400th St SE

Dreaming of the perfect rural escape just minutes from the city? Welcome to 5424 400th St SW—a stunning farm property that offers the best of both worlds. Spanning approximately 25 acres, this unique retreat is located just 10 minutes from Iowa City, providing the ideal blend of privacy and accessibility. The main house has been beautifully updated with a new roof and siding. Inside, enjoy modern comforts and style throughout the spaces. The accessory dwelling unit features an exquisite kitchen, perfect for guests or additional family members. Equestrians will appreciate the riding stable and newly fenced pasture, perfect for horses or other farm animals. Complementing these facilities are a heated machine shop with a cement floor and two additional outbuildings, offering ample storage and workspace for your farming needs. Approximately 12 acres of hay field presents opportunities for farming activities.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1900
  • Living Area: 2,806 SqFt

Listing Office:

  • Office Name: LEPIC-KROEGER, REALTORS
  • Office Phone: (319) 351-8811
  • Listing Agent: Monica Hayes

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Kitchen/Dining Combo, Main Level Primary

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Four or more Spaces

Virtual/3D Tour

  • Virtual Tour: 5424 400th St SE
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Lot Features

Lot Information:

  • Lot Size: 25.00 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $481/SqFt

Tax Information:

  • Annual Amount: $7,526
  • Tax Year: 2021
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Housing Market Comparison

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

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Iowa City, IA

City

Med. Sold Price

$302.5K

Med. Price/SqFt

$169

Avg. Days On Market

40

# of Sold Homes

18

5424 400th St SE vs Iowa City

30 DAYS ON ROCKET

-10 Days

$1,350,000

+$1.0M More

$481/SqFt

+$312 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $312/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: #2408035

Listing Office:

  • Office Name: LEPIC-KROEGER, REALTORS
  • Office Phone: (319) 351-8811
  • Listing Agent: Monica Hayes

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, 11:20:50 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

Jun 19, 2020Home Sold
$1,050,000
Jul 27, 2015Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,526$609,400
2020$3,512$496,000
2018$3,180$236,700
2017$3,262$236,700

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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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-816442
2
/10

  • Hoover Elementary School

  • 148 N Oliphant St

  • 3.53 miles

  • Public District Grades PK-4

school-card-donut-816443
6
/10

  • Helen Lemme Elementary School

  • 3100 E Washington St

  • 4.58 miles

  • Public District Grades KG-6

school-card-donut-816444
4
/10

  • Robert Lucas Elementary School

  • 830 Southlawn Dr

  • 4.63 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,985. Residents of Iowa City, IA typically earn between $35k-100k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

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.

Types of housing 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.

What is it like to live in Iowa City, IA?

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.

Is it easy to get around Iowa City, IA without a car?

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.

Transportation in Iowa City, IA.

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 5424 400th St SE

What is the listing price of this property?

The listing price of 5424 400th St SE property is $1,350,000.

What type of property is this?

The property 5424 400th St SE is a house located in Iowa City, Iowa, 52240.

Is this property for sale now?

Active Listing: 5424 400th St SE 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 $7,526 (source: MLS/based on county public records data).

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

The last sale was on June 19, 2020 for $1,050,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5424 400th St SE has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5424 400th St SE is 2,806 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5424 400th St SE is 1900.

Rocket Homes›Iowa›Johnson County›Iowa City›52240›5424 400th St SE

This home is located at 5424 400th St SE in Iowa City, IA and zip code 52240. This 2,806 square foot home, which was built in 1900, sits on a 25.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,350,000.

In November 2024 more than 0 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 12 were sold below. The inventory of homes for sale in Iowa City, IA between October 2024 and November 2024 decreased by 2.4%. The median list price of listings available in November 2024 was $302,500, while the average time on the real estate market was 40 days.

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

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