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1620 Justice Way, Knoxville, IA, 50138

2beds
2baths
1,340sqft
$309,900
$231price/sqft
$1,976/moest. monthly cost
$79,040/yrincome needed

About This Home

Welcome to 1620 Justice Way in Knoxville’s desirable Veteran’s District. This nearly new 2-bedroom, 2-bath home with a 2-car garage is ideally located directly across from the Veteran’s Splash Pad and just minutes from downtown Knoxville. What makes this home stand out is the full unfinished basement, thoughtfully priced below similar homes on the block and already equipped with egress windows—ready for you to finish and add instant value. Create extra bedrooms, living space, or a rec room on your own timeline. Located near the legendary Knoxville Raceway—home of the Sprint Car Capital of the World—this home offers modern living, strong future potential, and one of the best values in the neighborhood.

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
  • Construction materials: Vinyl Siding

Other

  • Builder name: Origin Homes

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dryer,Dishwasher,Refrigerator,Stove,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Egress Windows,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Eat-in Kitchen,Window Treatments

Heating & Cooling

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

Interior Area

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

Property

Details

  • Parcel number: 000000897617500
  • Zoning: Res

Features

  • Stories: 1

Lot

  • Lot size: 5,227 sqft

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 $1,567$18,804
Home Insurance *$286$3,432
Property Taxes $2$24
Electricity $121$1,452
Total$1,976$23,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,748/yr
40% on housing$59,280/yr
45% on housing$52,693/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

$231This 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
2026-04-20Price change$309,900
2026-04-14Listed for sale$319,000
2024-11-21Sold$279,900
2024-10-10Pending sale$279,900
2024-01-12Listed for sale$279,900
2023-12-20Sold$22,000

For Sale by Agent

AgentTodd Hammann
BrokerageIowa Realty Knoxville

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