Outgoing A.D. gets packing
Bowlsby’s house fetches more than $1.45M price tag
By Pat Harty
Iowa City Press-Citizen
Iowa athletic director Bob Bowlsby can scratch one thing off his to-do list before moving to Stanford University.
Bowlsby said Wednesday morning that he has sold his house near Solon, which was listed at a cost of $1.45 million.
The home, which features six bedrooms, five baths and an outdoor swimming pool, was on the market less than a week and it sold for more than the listing price.
“Yes, I was surprised and pleased, “Bowlsby said of how quickly the house sold. “And yeah, it makes it a lot easier.
“Anybody who’s ever owned two houses knows that it’s not a comfortable feeling.”
Bowlsby listed the house May 7 with Iowa Realty. It sold by the following Thursday.
Lou Ann Lathrop sold the house for Iowa Realty.
She said there were competing offers that made the cost of the house go above the listing price.
“It made me very happy, “Lathrop said. “And it took some of the stress off him.”
Lathrop said the sale is still pending until the financing is approved.
“We’re still in the process, but it looks pretty good, “she said.
Neither Bowlsby nor Lathrop would say who bought the house, which is located at 2594 Johnson’s Crossing near Solon.
The house sits on 25 acres and features a three-car garage, a small fishing pond and hiking trails.
It was built in 1998 by H&H Home Builders of North Liberty.
The size of the house came in handy when all four of Bowlsby’s children still lived at home. But that no longer is the case.
Bowlsby’s two daughters live on the West Coast. His son, Matt, just graduated from Iowa, and his youngest child, son Kyle, graduated from City High last month and will attend Iowa in the fall.
“We’ve got a big house in the country that we either needed to board up the upstairs or open a bed and breakfast, “Bowlsby said.
Lathrop said the size of the property helped the house sell quickly.
“It’s a very nice, traditional home, “she said. “And you also have 25 acres.
“The potential buyer could sell off part of the property and get some money back.”
Bowlsby, 54, resigned as the Iowa athletic director earlier this month to become the athletic director at Stanford. His last day at Iowa is July 9.
Bowlsby is currently searching for a new house on the Stanford campus. The fact that he will live on campus will help cut the cost.
“Housing is probably seven or eight times more expensive than it is in Iowa City and Cedar Rapids, “Bowlsby said. “But they’ve worked hard to take the sting out for us.”
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