NOT LISTED FOR SALE

1240 44th St Unit E Marion, IA 52302

Estimated Value: $119,000 - $130,000

2 Beds
2 Baths
1,004 Sq Ft
$100/mo HOA Fee

Last Sold June 28, 2019

Last sale price $87,000 $87 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $948/month

20 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Formal Dining Room
  • Linn-Mar High School Rated A-
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage

About This Home

As of June 2019

Immaculate Condo right off the main drag of Marion! Bonus****No upstairs neighbors! Walking in you’ll notice the vaulted ceilings along with an open living and dining room. Walkout to the deck and enjoy the nice summer days lounging! There is your very own laundry room right off the living room. Both bedrooms and bathrooms also all on one level. Private secure entry with intercom protection. One very large car garage. Association fee $100.00 a month, even allows small pets! This one won’t last long! Short drive into cedar rapids. *Building does not have elevator.*

Last Agent to Sell the Property

Luke Long

Realty87 Listed on: 05/10/2019

Realty87

Last Buyer's Agent

Luke Long

Realty87 Listed on: 05/10/2019

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,657

Year Built

  • 1998

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,004 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener Leased
  • Cable TV Available

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,657

Year Built

1998

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Over 2 Stories
  • Above Grade Finished Sq Ft: 1004
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Marion
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Formal Dining
  • Gross Tax: 1657
  • List User Cell Phone: 319-350-8273
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 1468
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96720
  • Ratio Close Price By Original Li: 0.91627
  • Ratio Current Price By Sq Ft: 86.65
  • Total Sq Ft: 1004
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1998

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener – Lease
  • Additional Room: Living Room
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: Wilkins
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Jun 28, 2019
Sold by
Potratz Nathan T and Chase Natalee M
Bought by
Joshi Bharatkumar G and Joshi Bhagvatidevi B
Seller's Agent
Luke Long
Realty87
Buyer's Agent
Luke Long
Realty87
List Price
$94,950
Sold Price
$87,000
Premium/Discount to List
-$7,950
-8.37%
Current Estimated Value
$124,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,898
Avg. Annual Appreciation
5.93%
Original Mortgage
$73,950
Outstanding Balance
$66,267
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$58,631

Purchase Details

Listed on
Apr 3, 2015
Closed on
Jul 27, 2015
Sold by
Smith Karen C
Bought by
Potratz Nathan T and Chase Natalee M
Seller's Agent
Roger Carlson
Pinnacle Realty LLC
Buyer's Agent
Luke Long
Realty87
List Price
$77,500
Sold Price
$78,000
Premium/Discount to List
$500
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$66,300
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 28, 2006
Sold by
Barnts Kathryn D
Bought by
Smith Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Abodeely Ryan M and Abodeely Patience J
Bought by
Barnts Kathryn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 1998
Sold by
Hawthorn David L and Hawthorn Diane S
Bought by
Abodeely Ryan M and Abodeely Patience J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,677
Interest Rate
6.99%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Joshi Bharatkumar G $87,000 None Available
Potratz Nathan T $78,000 None Available
Smith Karen C $76,000 None Available
Barnts Kathryn D $70,500 --
Abodeely Ryan M $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Bharatkumar G $73,950
Previous Owner Potratz Nathan T $66,300
Previous Owner Smith Karen C $61,200
Previous Owner Barnts Kathryn D $69,400
Previous Owner Abodeely Ryan M $67,677
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2019 06/28/19 Sold $87,000 -3.3% $87 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/24/2019 05/24/19 Price Changed $89,950 -5.3% $90 / Sq Ft
05/10/2019 05/10/19 For Sale $94,950 +21.7% $95 / Sq Ft
07/31/2015 07/31/15 Sold $78,000 +0.6% $78 / Sq Ft View Prior Sale
06/26/2015 06/26/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $77,500 -- $77 / Sq Ft
Source: Cedar Rapids 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
2025 $2,196 $119,700 $6,400 $113,300
2024 $2,022 $116,800 $6,400 $110,400
2023 $2,022 $116,800 $6,400 $110,400
2022 $1,926 $91,100 $6,400 $84,700
2021 $1,864 $91,100 $6,400 $84,700
2020 $1,864 $82,700 $6,400 $76,300
2019 $1,532 $82,700 $6,400 $76,300
2018 $1,468 $76,400 $6,400 $70,000
2017 $1,582 $73,300 $6,400 $66,900
2016 $1,582 $73,300 $6,400 $66,900
2015 $1,577 $73,300 $6,400 $66,900
2014 $1,390 $73,300 $6,400 $66,900
2013 $1,322 $73,300 $6,400 $66,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1903472

Cedar Rapids Area Association of REALTORS®

APN: 10324-77002-01010