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$320,000

Listing Price

3beds

2baths

1,300sqft

8,015sqft lot

1940 Sherman Dr, Iowa City, IA 52240

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

226.35

Price / sqft

2010

Year built

Home Details

Move-in ready ranch with solar panels to help keep your costs WAY down (the homeowners have watched their bills shrink down to a 1/3 of their original costs)! 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!

Interior Details

Square Feet
  • 1300

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Gas

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 8015

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$4,368

$49,070

$165,460

--%

$214,530

2019

$4,368

$49,070

$165,460

--%

$214,530

2018

$4,176

$46,000

$152,620

--%

$198,620

2017

$4,128

$46,000

$152,620

--%

$198,620

2016

$3,994

$36,800

$153,440

--%

$190,240

percent-home-icon

Average Home Price in 52240

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$200,307

3 Beds

1 Baths

1,184 Sqft

9,278 Lot (sqft)

Sold 09/29/2026

$287,000

3 Beds

1 Baths

1,234 Sqft

11,543 Lot (sqft)

Sold 10/05/2026

$358,000

4 Beds

3 Baths

1,304 Sqft

11,064 Lot (sqft)

Sold 09/29/2026

$369,000

2 Beds

1 Baths

1,442 Sqft

11,021 Lot (sqft)

Sold 10/06/2026

$365,199

4 Beds

1 Baths

1,227 Sqft

8,843 Lot (sqft)

Sold 10/06/2026

$430,318

3 Beds

1 Baths

1,364 Sqft

12,066 Lot (sqft)

Sold 10/05/2026

$320,000

3 Beds

2 Baths

1,300 Sqft

8,015 Lot (sqft)

Sold 09/29/2026

$200,000

2 Beds

1 Baths

1,224 Sqft

13,504 Lot (sqft)

Sold 10/06/2026

$280,000

3 Beds

1 Baths

1,234 Sqft

8,494 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
320,000
$
Down payment
64,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,920
$
HOA (Monthly)
0
$
PMI
0
$
$2,071
Your Payment
Total Monthly Payment:$2,071
Percent of Income:36%
Affordable:No

Details for 1940 SHERMAN DR

Property Debt

Foreclosure Contact Details