Rare in-town acreage backing up to Wanatee Park with a serene creek in the backyard! This beautiful custom-built home offers 4 bedrooms, 4 bathrooms, and incredible potential. Priced over $100K below tax-assessed value, it’s an amazing opportunity to build instant equity with just a little TLC—fresh paint and new flooring will make it shine again. All major mechanicals are NEW, giving you peace of mind for years to come. The lower-level features two spacious bedrooms, each with its own private bathroom—perfect for teenagers, guests, or even an in-law suite. There is a large loft space above the garage with endless opportunities to make that space your own. Plus, the upcoming bike trail will run just beyond the creek, offering easy access to outdoor adventures. Don’t miss this unique chance to own a private retreat with city convenience!
Sold for $485,000
$485,000
503 Wanatee Creek Cir, Marion, IA 52302
4beds
3,132sqft
Single Family Residence, Residential
Built in 2003
1.58 Acres Lot
$504,300 Zestimate®
$155/sqft
$3,982 Estimated rent
Home value
$504,300
$464,000 - $545,000
$3,982/mo
Zestimate® history
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$3,287/mo
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Zillow last checked:
Listing updated:
Listed by:
Jeremy Trenkamp 319-270-1323,
Coldwell Banker Hedges Corridor
Bought with:
NONMEMBER
Source: Iowa City Area AOR,MLS#: 202502263
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Lower Level
Features
- Breakfast Bar
- Basement: Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Living Room, Gas
Interior area
- Total structure area: 3,132
- Total interior livable area: 3,132 sqft
- Finished area above ground: 1,887
- Finished area below ground: 1,245
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
- Has attached garage: Yes
Lot
- Size: 1.58 Acres
- Dimensions: 1.58 Acres
- Features: One To Two Acres
Details
- Parcel number: 152010101100000
- Zoning: Res
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Frame
Condition
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Marion
- Subdivision: NA
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $40 annually
Other
Other facts
- Listing terms: Conventional,Cash
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2025 | Sold | $485,000+1%$155/sqft |
Source:  Iowa City Area AOR #202502263 Report a problem | ||
| 4/8/2025 | Pending sale | $480,000$153/sqft |
Source: Iowa City Area AOR #202502263 Report a problem | ||
| 4/4/2025 | Listed for sale | $480,000+330.5%$153/sqft |
Source:  CRAAR, CDRMLS #2502234 Report a problem | ||
| 5/15/2003 | Sold | $111,500$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,244 +0.1% | $588,800 +6.6% |
| 2024 | $6,240 -1.2% | $552,200 |
| 2023 | $6,318 +1.7% | $552,200 +20.9% |
| 2022 | $6,214 -6.2% | $456,700 |
| 2021 | $6,626 +2% | $456,700 +1.6% |
| 2020 | $6,494 +5.6% | $449,600 |
| 2019 | $6,149 +2.1% | $449,600 +7.6% |
| 2018 | $6,024 +2.4% | $417,700 +2.2% |
| 2017 | $5,884 -2.3% | $408,800 |
| 2016 | $6,024 +2.5% | $408,800 |
| 2015 | $5,876 -0.5% | $408,800 |
| 2014 | $5,904 +2% | $408,800 |
| 2013 | $5,786 -4% | $408,800 -7.5% |
| 2012 | $6,028 | $441,745 |
| 2011 | -- | $441,745 |
| 2010 | $5,548 | $441,745 |
| 2008 | -- | $441,745 |
| 2007 | -- | $441,745 +5% |
| 2005 | -- | $420,709 +43% |
| 2004 | -- | $294,236 |
| 2003 | -- | -- |
Find assessor info on the county website
Neighborhood: 52302
Nearby schools
GreatSchools rating
- 7/10Erskine Elementary SchoolGrades: K-5Distance: 2.7 mi
- 4/10McKinley STEAM AcademyGrades: 6-8Distance: 4.7 mi
- 3/10George Washington High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Erskine
- Middle: Mckinley
- High: Washington
Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$504,300
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$514,386
- Iowa
- Linn County
- Marion
- 52302
- 503 Wanatee Creek Cir
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