NOT LISTED FOR SALE

1 University Way Iowa City, IA 52246

Estimated Value: $409,000 - $451,000

2 Beds
2 Baths
1,143 Sq Ft
$373/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $349,900 $306 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,991/month

37 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Balcony
  • Living Room
  • Norman Borlaug Elementary School Rated A-
  • Solar owned by seller
  • Kitchen Island

About This Home

As of December 2021

Amazing and well designed 2-bedroom 2-bath third-floor condo in the five-story north building of One University Place. This third story condo features a private balcony, luxury vinyl plank flooring throughout the entire unit, quartz countertops, tiled bathrooms and tiled showers. Designer finishes throughout this open floor plan unit. Highlights include close proximity to UIHC, UI athletics, health and law colleges. This unit comes with elevator access to all levels including a dedicated parking space in the under ground garage. This unit offers everything including competitive pricing!

Last Agent to Sell the Property

Phil O'Brien

Urban Acres Real Estate Corridor Listed on: 10/20/2021

Urban Acres Real Estate Corridor

Last Buyer's Agent

Karla Davis

GATEWAY ACCESS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,225

Year Built

  • Built in 2016

Lot Details

  • 2.29

HOA Fees

  • $211 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 1,143 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Living Room
  • Dining Room

Kitchen

  • 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

Location

  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Additional Features

  • Stepless Entry
  • Solar owned by seller
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 1017120039

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, facilities fee, garbage pickup, grounds maintenance, mgmt fee
  • Built by McComas-Lacina Co
  • One University Place Subdivision

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,225

Year Built

Built in 2016

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1143
  • Homebuilder: McComas-Lacina Co
  • Owner Name L F Mi: Johnston
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • 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. Furniture is negotiable.
  • 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
  • S O1 Dues Paid: y
  • Amenities: Security, Sidewalks, Street Lights, Close to Shopping, Close to School, On Bus Line
  • Basement Remarks: See Renmarks
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Island
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story, Condo/Single Level
  • Remarks2: Amazing and well designed 2-bedroom 2-bath third-floor condo in the five-story north building of One University Place. This third story condo features a private balcony, luxury vinyl plank flooring throughout the entire unit, quartz countertops, tiled bathrooms and tiled showers. Designer finishes throughout this open floor plan unit. Highlights include close proximity to UIHC, UI athletics, health and law colleges. This unit comes with elevator access to all levels including a dedicated parking space in the under ground garage. This unit offers everything including competitive pricing!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: 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: Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Balcony

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 2532
  • Condo Level: 3
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Facilities Fee, Garbage Pickup, Grounds Maintenance, Mgmt Fee

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: Res

Green Features

  • Energy Generation: Solar Direct Ownership

Tax Info

  • Gross Tax County City: 7268
  • Assessor Parcel Number: 1017120039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Gill Mandeep Singh and Gill Ravneet Kaur
Bought by
K Hawk Housing Llc
Current Estimated Value
$426,120

Purchase Details

Closed on
Dec 8, 2017
Sold by
One University Place Llc
Bought by
Kaur Singh Mandeep and Kaur Gill Ravneet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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 Buyer Sale Price Title Company
K Hawk Housing Llc $420,000 None Listed On Document
Kaur Singh Mandeep $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaur Singh Mandeep $236,000
Previous Owner Gill Mandeep S $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $349,900 0.0% $306 / Sq Ft
10/20/2021 10/20/21 For Sale $349,900 -- $306 / 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 $6,225 $333,400 $100,000 $233,400
2023 $6,508 $333,400 $100,000 $233,400
2022 $5,664 $304,100 $100,000 $204,100
2021 $6,237 $304,100 $100,000 $204,100
2020 $577 $292,300 $100,000 $192,300
2019 $6,184 $292,300 $100,000 $192,300
2018 $594 $291,100 $0 $0
2017 $543 $227,100 $100,000 $127,100
Source: Public Records

Agents Affiliated with this Home

  • Phil O'Brien

    Seller's Agent in 2021

    Phil O'Brien

    Urban Acres Real Estate Corridor

    (319) 331-1701

    215 Total Sales

    Phil O'Brien
    Section Image
  • Karla Davis

    Buyer's Agent in 2021

    Karla Davis

    GATEWAY ACCESS REALTY

    (319) 981-0890

    816 Total Sales

    Karla Davis
    Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202105715

Iowa City Area Association of REALTORS®

APN: 1017120023

Iowa Johnson County Iowa City 52246

1 University Way, Iowa City, IA

This home is located at 1 University Way, Iowa City, IA 52246 since 20 October 2021 and is currently estimated at $426,120, approximately $372 per square foot. This property was built in 2016. 1 University Way 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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