NOT LISTED FOR SALE

1 University Way Unit No. 502 Iowa City, IA 52246

2 Beds
2 Baths
1,422 Sq Ft
2016 Built

Last Sold December 15, 2021

Last sale price $530,000 $373 Per Sq Ft

345 Days on Market

Highlights

  • Newly Remodeled
  • Main Floor Primary Bedroom
  • Balcony
  • Norman Borlaug Elementary School Rated A-
  • Den
  • Breakfast Bar

About This Home

As of December 2021

Top floor corner unit with wooded views. 2-bedroom 2-bath plus study condo in five-story north building of One University Place. Features a private balcony, luxury vinyl plank flooring, quartz countertops, tiled bathrooms and showers. Designer finishes throughout Walking distance to UIHC, UI athletics, health and law colleges. Two building elevators. Purchase includes one parking spot in the underground garage. Located off Melrose Avenue.

Last Agent to Sell the Property

Alan Swanson

Blank & McCune Real Estate Listed on: 01/04/2021

Co-Listed By

Tim Conroy

Blank & McCune Real Estate

Last Buyer's Agent

Alan Swanson

Blank & McCune Real Estate Listed on: 01/04/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 1,422 Sq Ft Home
  • Elevator
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Open Floorplan
  • Den

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 in Hall
  • Laundry on main level
  • 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
  • Balcony
  • Property is zoned Mixed Use

Listing and Financial Details

  • Assessor Parcel Number 1017120066

Community Details

Overview

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

Building Details

  • Security

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1422
  • Homebuilder: McComas-Lacina Const.
  • Owner Name L F Mi: One University Place LLC
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Buyer is purchasing the Property subject to a Petition, Contract and Waiver for a special assessment made by the City of University Heights for street and infrastructure improvements. Buyer shall acquire the property subject to any and all unpaid installments of such special assessment, which Buyer agrees to assume and pay before delinquency. Real estate commission paid on the net value or original list price, which ever is lower (list price minus concessions or without upgrades). HOA dues are based on the preliminary HOA budget and are subject to change.
  • Year Built: 2016
  • Zero Step Entry: Yes
  • Tax Year Report: 2020
  • Subdivision: One University Place
  • Directions: Melrose Avenue to One University Place main entrance. Building is the five-story (North) building.
  • L O1 Dues Paid: y
  • L O2 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: See Renmarks
  • Fireplace Type Location: None
  • Interior R: Cable Available, Other
  • Kitchen Breakfast R: Breakfast Bar, Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 3+ Story
  • Remarks2: Top floor corner unit with wooded views. 2-bedroom 2-bath plus study condo in five-story north building of One University Place. Features a private balcony, luxury vinyl plank flooring, quartz countertops, tiled bathrooms and showers. Designer finishes throughout Walking distance to UIHC, UI athletics, health and law colleges. Two building elevators. Purchase includes one parking spot in the underground garage. Located off Melrose Avenue.
  • 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: 1422
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet, Hall, Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • New Construction: Yes
  • ExteriorFeatures: Balcony

Garage/Parking

  • Parking Spaces: 1 Car

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: 3156
  • Condo Level: 5
  • 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
  • Lot Dimensions: Condo
  • Zoning: Mixed Use

Tax Info

  • Gross Tax County City: 11786
  • Assessor Parcel Number: 1017120066

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $530,000 -1.9% $373 / Sq Ft
01/04/2021 01/04/21 For Sale $540,000 -- $380 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alan Swanson

    Seller's Agent in 2021

    Alan Swanson

    Blank & McCune Real Estate

    (319) 321-3129

    76 Total Sales

    Section Image
  • Tim Conroy

    Seller Co-Listing Agent in 2021

    Tim Conroy

    Blank & McCune Real Estate

    (319) 321-3679

    200 Total Sales

    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202100035

Iowa City Area Association of REALTORS®

Iowa Johnson County Iowa City 52246

1 University Way Unit No. 502, Iowa City, IA

This home is located at 1 University Way Unit No. 502, Iowa City, IA 52246 since 04 January 2021. This property was built in 2016. 1 University Way Unit No. 502 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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