$435,000
SOLD JUN 2, 2025

1 University Way Unit 407 Iowa City, IA 52246

2 Beds
2 Baths
1,143 Sq Ft
2.29 Acres

Recently Sold

$381 Per Sq Ft

Highlights

  • Fitness Center
  • Main Floor Primary Bedroom
  • Balcony
  • Norman Borlaug Elementary School Rated A-
  • Breakfast Area or Nook
  • Solar owned by a third party

About This Home

As of June 2025

Fourth floor corner unit. Open living space with private balcony. 2 bedrooms, 2 full baths. Upgraded KitchenAid appliances, quartz countertops, luxury vinyl plank floors. Both full bathes are tiled with Kohler fixtures throughout. This unit is sold with one parking spaces and one storage units. Amenities at One University Place include concierge, heated garage, 2 elevators and private gym. An easy and convenient walk to UIHC, Kinnick Stadium, health and law colleges. Photographs of a similar unit.

Last Agent to Sell the Property

Teresa Morrow

Blank & McCune Real Estate Listed on: 06/02/2025

Last Buyer's Agent

Teresa Morrow

Blank & McCune Real Estate Listed on: 06/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,698

Year Built

  • Built in 2016

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,143 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Open Floorplan

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Solar owned by a third party

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
  • Balcony
  • Property is zoned Mixed Use

Listing and Financial Details

  • Assessor Parcel Number 1017120055

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, mgmt fee, reserve fund, security, water
  • Built by McComas-Lacina Const.
  • One University Place Subdivision

Recreation

  • Fitness Center

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,698

Year Built

Built in 2016

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1143
  • Homebuilder: McComas-Lacina Const.
  • Owner Name L F Mi: Llevion WArburton Sims
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Remarks: Pre-Sold and entered for MLS purposes.
  • Year Built: 2016
  • Zero Step Entry: Yes
  • Tax Year Report: 2023
  • Subdivision: One University Place
  • Directions: Melrose Ave. to One University Place, North Building.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Physical Fitness, Security, Sidewalks, Street Lights
  • Basement Remarks: None
  • Fireplace Type Location: None
  • Interior R: Cable Available, Other
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Island, Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: Fourth floor corner unit. Open living space with private balcony. 2 bedrooms, 2 full baths. Upgraded KitchenAid appliances, quartz countertops, luxury vinyl plank floors. Both full bathes are tiled with Kohler fixtures throughout. This unit is sold with one parking spaces and one storage units. Amenities at One University Place include concierge, heated garage, 2 elevators and private gym. An easy and convenient walk to UIHC, Kinnick Stadium, health and law colleges. Photographs of a similar unit.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Energy Efficient, Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1143
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 11
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Balcony

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 3744
  • Condo Level: 4
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Mgmt Fee, Reserve Fund, Security, Water

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
  • Lot Dimensions: Fourth Floor Condominium
  • Zoning: Mixed Use

Green Features

  • Energy Generation: Solar 3rd Party Owned

Tax Info

  • Gross Tax County City: 6180
  • Assessor Parcel Number: 1017120055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2025
Closed on
Jun 2, 2025
Sold by
Llevion Warburton Sims Properties Llc
Bought by
Scanlon Family Tulsa Llc
Seller's Agent
Teresa Morrow
Blank & McCune Real Estate
Buyer's Agent
Teresa Morrow
Blank & McCune Real Estate
List Price
$435,000
Sold Price
$435,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-49.65%

Purchase Details

Closed on
Jul 26, 2021
Sold by
One University Place Llc
Bought by
Levion Warburton Sims Properties Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $435,000 None Listed On Document
Warranty Deed $325,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $435,000 0.0% $381 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $435,000 -- $381 / 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 $6,698 $362,600 $100,000 $262,600
2023 $6,974 $362,600 $100,000 $262,600
2022 $6,658 $329,600 $100,000 $229,600
2021 $8,417 $329,600 $100,000 $229,600
2020 $577 $404,800 $100,000 $304,800
2019 $6,184 $404,800 $100,000 $304,800
2018 $594 $291,100 $0 $0
2017 $543 $227,100 $100,000 $127,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202503598

Iowa City Area Association of REALTORS®

APN: 1017120055