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2418 Silverwood Ln, Fairfield, IA, 52556

4beds
3baths
2,749sqft
$499,000
$182price/sqft
$3,616/moest. monthly cost
$144,640/yrincome needed

About This Home

Have you dreamed of living in a place surrounded by lush greenery & flowers, overlooking your own private pond on your own private lane, & just minutes from the square? Here's your chance! This property has it all. The house is a cedar sided home built by the current owners filled with lots of room & comfortable spaces. This truly is an "inside-out" experience with views of nature from every window. Country style porches & walk outs surround this home from all directions. Upon entering, your 1st experience is the expansive open living & dining area with high ceilings which lend a feeling of spaciousness. The large kitchen includes an ample eating area with huge windows overlooking the woods & wildlife. The kitchen is fully equipped with a generous supply of counters & cabinetry. The 1st floor has a bedroom suite with closets & a 3/4 bath. There is an additional smaller bedroom on the main floor next to the utility room & a door leading to the 2 car attached garage. Upstairs is the primary suite with a full bath & 2 large walk-in closets & a small balcony. A quaint bonus bedroom is located up the stairs. The walkout lower level features 2 bedrooms (or a family room) & a full bath. There is an additional detached 2 car garage with a 1 bedroom wood paneled apartment & a small deck overlooking the pond. The pond comes with a dock & patio area for all your outdoor entertainment with a large fire circle & adjoining walking paths. $2000 lower level carpeting allowance. Must See !

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

--
6/10
Fairfield Middle SchoolGrades 5-85.6 mi
3/10
Fairfield High SchoolGrades 9-125.5 mi

Construction

Condition

  • Year built: 1999

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Partial

Bedroom2

  • Level: Main

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 2,749

Heating & Cooling

  • Heating features: Geothermal,Wood Stove
  • Cooling features: Geothermal

Interior Area

  • Total interior livable area: 2,749 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Main

Other

  • Level: Lower

Other

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1115226003

Features

  • Levels: Two

Lot

  • Lot size: 4.95 Acres
  • Lot size dimensions: 215,622 Sq. Ft.

Parking

  • Total spaces: 4
  • Parking features: Attached,Gravel,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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

  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado
Winter Storm

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 $2,523$30,276
Home Insurance *$475$5,700
Property Taxes $413$4,956
Electricity $205$2,460
Total$3,616$43,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,977/yr
40% on housing$108,480/yr
45% on housing$96,426/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: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -6.5%
-6.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 52556$112
Jefferson County$112

vs Homes Sold Last Month

Median $/sqft

ZIP 52556$120
Jefferson County$85

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
2026-03-30Listed for sale$539,000

For Sale by Agent

AgentJoanne Terrien
BrokerageVillage Realty

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