$634,552
SOLD JUN 21, 2024

240 Pine Grove Ln Iowa City, IA 52245

4 Beds
3 Baths
2,895 Sq Ft
0.51 Acres

Recently Sold

$219 Per Sq Ft

2% Above List Price

111 Days on Market

Highlights

  • New Construction
  • Deck
  • Great Room with Fireplace
  • City High School Rated A-
  • Recreation Room
  • Screened Porch

About This Home

As of June 2024

Welcome to 240 Pine Grove Lane. This newly constructed, ‘Zero Carbon’, property proudly stands as the Advantage Signature 2024 Parade Home, representing the pinnacle of energy efficiency and sophistication. Boasting 4 bedrooms, 3 bathrooms, and a sprawling 2895 square feet, this residence is designed to exceed your expectations. Situated on a spacious lot adorned with mature trees, the exterior of this home is as enchanting as its interior. The 3-car garage and spacious drop zone, complete with a maintenance-free screen porch and deck, offers seamless access to a world of comfort and style. The garage is heated and equipped with an EV charging station as well as a Sonos audio system throughout the house. The property is solar-ready, features a heat pump water heater, and is equipped with a 100% energy efficient furnace and HRV unit for optimal climate control. A whole-house humidifier and state-of-the-art spray foam insulation, as well as Aeroseal(ed) duct work ensures a comfortable living environment year-round. The kitchen is a chef's delight, featuring energy-star GE Cafe appliances, quartz countertops, and high-end Delta fixtures. The contemporary aesthetic continues with modern tile and black fixtures, complemented by a stylish backsplash. Entertain guests effortlessly in the lower level, which includes a wet bar for social gatherings. Welcome to a home where luxury meets sustainability, where every detail is thoughtfully curated for the discerning homeowner. Your dream home awaits – a masterpiece of design, comfort, and efficiency.

Last Agent to Sell the Property

Mike Bails

Urban Acres Real Estate Corridor

Urban Acres Real Estate Corridor

Last Buyer's Agent

Lucas Burrington

Burrington Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 2024 | New Construction

Parking

  • 3 Parking Spaces

Home Design

  • Brick or Stone Mason
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Tray Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Open Floorplan
  • Recreation Room
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Hoover Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Deck
  • 0.51 Acre Lot
  • Property is near shops

Community Details

  • Built by Advantage Signature
  • Pine Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0907340005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,256

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2895
  • Homebuilder: Advantage Signature
  • Owner Name L F Mi: Advantage
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Plumbing/HVAC Stage as of 2/26/24
  • T Val: 634552
  • Year Built: 2024
  • Tax Year Report: 2022
  • Subdivision: Pine Grove
  • Directions: Scott Blvd - East on Lower West Branch Rd - South on Pine Grove Ln
  • L O1 Dues Paid: y
  • Amenities: Sidewalks, Close to Shopping
  • Basement Remarks: Sump Pump, Finished, Full
  • Fireplace Type Location: In Great/Family Room, Electric
  • Interior R: Cable Available, Ceilings-Trey, Foyer-Entrance, Wet Bar
  • Kitchen Breakfast R: Island, Pantry, Kit/Dining Rm Comb
  • Lot Description R: .5-1 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story, 2661
  • Remarks2: Welcome to 240 Pine Grove Lane. This newly constructed, ‘Zero Carbon’, property proudly stands as the Advantage Signature 2024 Parade Home, representing the pinnacle of energy efficiency and sophistication. Boasting 4 bedrooms, 3 bathrooms, and a sprawling 2895 square feet, this residence is designed to exceed your expectations. Situated on a spacious lot adorned with mature trees, the exterior of this home is as enchanting as its interior. The 3-car garage and spacious drop zone, complete with a maintenance-free screen porch and deck, offers seamless access to a world of comfort and style. The garage is heated and equipped with an EV charging station as well as a Sonos audio system throughout the house. The property is solar-ready, features a heat pump water heater, and is equipped with a 100% energy efficient furnace and HRV unit for optimal climate control. A whole-house humidifier and state-of-the-art spray foam insulation, as well as Aeroseal(ed) duct work ensures a comfortable living environment year-round. The kitchen is a chef's delight, featuring energy-star GE Cafe appliances, quartz countertops, and high-end Delta fixtures. The contemporary aesthetic continues with modern tile and black fixtures, complemented by a stylish backsplash. Entertain guests effortlessly in the lower level, which includes a wet bar for social gatherings. Welcome to a home where luxury meets sustainability, where every detail is thoughtfully curated for the discerning homeowner. Your dream home awaits – a masterpiece of design, comfort, and efficiency.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Energy Efficient, Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1552
  • Total Full Baths: 3
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1343
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame, Masonry
  • New Construction: Yes
  • ExteriorFeatures: Deck, Porch, Screen Porch

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: Other

Schools

  • Elementary School: Hoover
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Hoover

Lot Info

  • Acreage: 0.51
  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 1266
  • Assessor Parcel Number: 0907340005

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $634,552 +1.5% $219 / Sq Ft
02/29/2024 02/29/24 For Sale $624,900 0.0% $216 / Sq Ft
02/29/2024 02/29/24 Off Market $624,900 -- --
01/31/2024 01/31/24 For Sale $624,900 +941.5% $216 / Sq Ft
11/17/2023 11/17/23 Sold $60,000 -16.7% --
11/02/2023 11/02/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $72,000 -19.6% --
01/01/2023 01/01/23 For Sale $89,500 -- --
Source: Iowa City Area Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,256 $66,760 $66,760 $0
2023 $1,266 $66,760 $66,760 $0
2022 $154 $58,410 $58,410 $0
2021 $160 $7,390 $7,390 $0
2020 $160 $7,390 $7,390 $0
2019 $162 $7,390 $7,390 $0
2018 $162 $7,390 $7,390 $0
2017 $160 $7,390 $7,390 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,000 New Conventional
Previous Owner $382,500 Construction
Previous Owner $2,800,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $240,000 None Listed On Document
Warranty Deed $625,000 None Listed On Document
Warranty Deed $240,000 None Listed On Document
Source: Public Records

About the Listing Agent

Mike Bails

Urban Acres Real Estate Corridor

(319) 321-5500

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When you work with us, you get the entire team. Anytime, anywhere, The Bails Team is on your side with 24/7 Availability to answer questions and help you find the right residential or commercial property.

In addition, our team puts 100% effort into finding you the highest quality options on the market for the best price. Mike Bails, Phil O’Brien, Marcy Willier, Chelsey Riggan-Kuepker, Briley DeSmet, and Matt VandeBerg are problem solvers, not sales people. Our dedication to getting the

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Source: Iowa City Area Association of REALTORS®

MLS Number: 202400546

Iowa City Area Association of REALTORS®

APN: 0907340005