NOT LISTED FOR SALE

1 University Way Unit 401 Iowa City, IA 52246

Estimated Value: $414,000 - $430,000

2 Beds
2 Baths
1,109 Sq Ft
$379/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $365,000 $329 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,112/month

113 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Breakfast Bar
  • Norman Borlaug Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Library

About This Home

As of August 2022

Move right into this contemporary, bright and beautiful 4th floor condominium. This 2 bedroom 2 bath home is located in the quiet, five-story north building of One University Place. Enjoy the wooded views from the private corner unit balcony. There is new luxury vinyl plank flooring and new carpet throughout, quartz countertops, new paint, tiled bathrooms, and tiled showers. You will notice the designer finishes and flair throughout. For convenience, you are walking distance to UIHC, UI athletics, the health and law colleges. The building offers concierge services, two elevators, a community room for meetings and gatherings, and one parking spot in the underground garage. Homeowners also appreciate the pizza parlor and coffee shop next door. Call today to see this upscale condo.

Last Agent to Sell the Property

Julie Dancer

Lepic-Kroeger, REALTORS Listed on: 04/07/2022

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Rita Marcus

Blank & McCune Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,582

Year Built

  • Built in 2018

Lot Details

  • Level Lot
  • Wooded Lot
  • Property is zoned mixed use

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Metal Construction or Metal Frame

Interior Spaces

  • 1,109 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Open Floorplan
  • Library

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Location

  • Property is near schools
  • Property is near shops

Schools

  • Borlaug Elementary School
  • Northwest Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Internet Available
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 1017120049

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, mgmt fee, reserve fund, sewer, water
  • Built by McComas-Lacina
  • 10126 One University Subdivision

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,582

Year Built

Built in 2018

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1109
  • Homebuilder: McComas-Lacina
  • Owner Name L F Mi: Byard, Jillian
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Remarks: Available 8/19/22. HOA is $275/mo and includes water. Electric is $50/month.
  • Year Built: 2018
  • Zero Step Entry: Yes
  • Tax Year Report: 2020
  • Subdivision: 10126-ONE UNIVERSITY
  • Directions: Melrose Ave to One University Place. Building is the five story building (to the north).
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Pet Policy, Security, Sidewalks, Street Lights, Close to Shopping, Close to School, Other
  • Basement Remarks: 2660
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Bar, Pantry, Kit/Dining Rm Comb
  • Lot Description R: Level, Wooded, None/Condo
  • Possession R: Other
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: Move right into this contemporary, bright and beautiful 4th floor condominium. This 2 bedroom 2 bath home is located in the quiet, five-story north building of One University Place. Enjoy the wooded views from the private corner unit balcony. There is new luxury vinyl plank flooring and new carpet throughout, quartz countertops, new paint, tiled bathrooms, and tiled showers. You will notice the designer finishes and flair throughout. For convenience, you are walking distance to UIHC, UI athletics, the health and law colleges. The building offers concierge services, two elevators, a community room for meetings and gatherings, and one parking spot in the underground garage. Homeowners also appreciate the pizza parlor and coffee shop next door. Call today to see this upscale condo.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1109
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet, 1st Floor, Kitchen Area, Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Metal Frame
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Central, Forced Air, Heat Pump

Condo/Co-op/Association

  • Association Fee: 3300
  • Condo Level: 4
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Mgmt Fee, Reserve Fund, Sewer, Water, Other

Schools

  • Elementary School: Borlaug
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Borlaug

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: mixed use

Tax Info

  • Gross Tax County City: 7928
  • Assessor Parcel Number: 1017120049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Dokun Ayotunde and Dokun Adeola
Bought by
Ayotunde Dokun Revocable Inter Vivos Trust and Adeola Dokun Revocable Inter Vivos Trust
Current Estimated Value
$419,864

Purchase Details

Listed on
Apr 7, 2022
Closed on
Aug 17, 2022
Sold by
Byard Jillian R and Byard Alfredo Adam
Bought by
Dokun Ayotunde and Dokun Adeola
Seller's Agent
Julie Dancer
Lepic-Kroeger, REALTORS
Buyer's Agent
Rita Marcus
Blank & McCune Real Estate
List Price
$419,000
Sold Price
$365,000
Premium/Discount to List
-$54,000
-12.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$328,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2019
Sold by
One University Place Llc
Bought by
Byard Jillian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ayotunde Dokun Revocable Inter Vivos Trust -- None Listed On Document
Dokun Ayotunde $365,000 None Listed On Document
Byard Jillian R $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dokun Ayotunde $328,500
Previous Owner Byard Jillian R $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $365,000 -8.5% $329 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $399,000 -2.4% $360 / Sq Ft
05/18/2022 05/18/22 Price Changed $409,000 -2.4% $369 / Sq Ft
04/07/2022 04/07/22 For Sale $419,000 -- $378 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,582 $356,800 $100,000 $256,800
2023 $6,844 $356,800 $100,000 $256,800
2022 $6,532 $332,700 $100,000 $232,700
2021 $8,264 $332,700 $100,000 $232,700
2020 $560 $408,900 $100,000 $308,900
2019 $6,082 $408,900 $100,000 $308,900
2018 $576 $286,700 $0 $0
2017 $526 $224,100 $100,000 $124,100
Source: Public Records

Agents Affiliated with this Home

  • Julie Dancer

    Seller's Agent in 2022

    Julie Dancer

    Lepic-Kroeger, REALTORS

    (319) 310-5522

    341 Total Sales

    Julie Dancer
    Section Image
  • Rita Marcus

    Buyer's Agent in 2022

    Rita Marcus

    Blank & McCune Real Estate

    (319) 594-5600

    76 Total Sales

    Rita Marcus
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202201992

Iowa City Area Association of REALTORS®

APN: 1017120049

Iowa Johnson County Iowa City 52246

1 University Way Unit 401, Iowa City, IA

This home is located at 1 University Way Unit 401, Iowa City, IA 52246 since 07 April 2022 and is currently estimated at $419,864, approximately $378 per square foot. This property was built in 2018. 1 University Way Unit 401 is a home located in Johnson County with nearby schools including Norman Borlaug Elementary School, Northwest Junior High School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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