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1616 Justice Way, Knoxville, IA, 50138

3beds
3baths
1,340sqft
$325,000
$243price/sqft
$2,066/moest. monthly cost
$82,640/yrincome needed

About This Home

Welcome to 1616 Justice Way located in Knoxville's Veterans District, where new amenities and thoughtful development are shaping one of Knoxville’s most exciting areas. Right across the street from this property, you’ll find a park with a splash pad, bike path, and green space to enjoy. With no HOA, you have the freedom to truly make this home your own. Built just two years ago by Origin Homes, 1616 Justice Way features the sought-after Cline plan with a fully finished basement. The plan offers the space, layout, and ease so many buyers are looking for. The best part? It’s already been test-driven. Lived in, loved, and now ready for you. All without the wait of new construction. Inside, you’ll find 3 bedrooms, including a main-floor primary suite with a ¾ bath and walk-in closet, plus 2 more bathrooms for added flexibility. The finished basement expands your living space, perfect for hosting, relaxing, or creating a space that fits your lifestyle. Outside, an additional parking pad in the back adds convenience, while thoughtful upgrades like a custom front porch railing and app-controlled exterior trim lighting make everyday living, and holiday decorating, a little more fun. This is more than a newer home, it’s a chance to step into a growing community and feel part of what’s next for Knoxville.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

--
West Elementary SchoolGrades PK-20.4 mi
3/10
Knoxville Middle SchoolGrades 6-80.4 mi
5/10
Knoxville High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Poured
  • Roof: Asphalt,Shingle
  • Construction materials: Vinyl Siding

Other

  • Builder name: Origin Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Microwave,Stove
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2
  • Main level bedrooms: 2

Features

  • Dining Area,Eat-in Kitchen
  • Flooring: Carpet
  • Finished area below ground: 890

Heating & Cooling

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

Interior Area

  • Total structure area: 1,340
  • Total interior livable area: 1,340 sqft

Property

Details

  • Parcel number: 000000897617000
  • Zoning: R

Lot

  • Lot size: 5,227 sqft
  • Features: Rectangular Lot

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Two Car Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Drought
Hail
Heat Wave
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$300$3,600
Property Taxes $2$24
Electricity $121$1,452
Total$2,066$24,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,834/yr
40% on housing$61,980/yr
45% on housing$55,093/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$243This listing

vs Other Active Listings

Avg $/sqft

ZIP 50138$158
Marion County$206

vs Homes Sold Last Month

Median $/sqft

ZIP 50138$149
Marion County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-06Listed for sale$327,900
2024-07-25Sold$307,900
2024-06-06Pending sale$309,900
2024-01-12Listed for sale$309,900
2023-12-20Sold$22,000

For Sale by Agent

AgentHannah Vander Veer
BrokerageSundance Realty

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