NOT LISTED FOR SALE

1303 5th St Unit 506 Coralville, IA 52241

Estimated Value: $389,191 - $518,000

2 Beds
2 Baths
2,057 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $500,000 $243 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,457/month

15 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • West High School Rated A
  • Property is near schools
  • Combination Dining and Living Room

About This Home

As of May 2024

Enjoy big city living in our small town in this beautiful modern upscale luxury condo. Floor to ceiling windows invite the outside in, spacious open great room concept with new luxury vinyl plank wood flooring, oversized gourmet kitchen with granite countertops, and island that seats 6+8, new induction cooktop /stove, pantry. Perfect for entertaining with 2 balconies, dining, great RMN& kitchen open to each other & walking distance to library, park, rec center, grocery store & shops. 2 spaces in a secure underground garage, storage room, workout Rm & guest studio avail to rent in building, convenient maintenance free condo living extraordinaire.

Last Agent to Sell the Property

Jill Armstrong

Skogman Realty Co. Listed on: 04/10/2024

Skogman Realty Co.

Last Buyer's Agent

Jeff Dill

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 0.89

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2,057 Sq Ft Home
  • Elevator
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • Dishwasher

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

Schools

  • Central Elementary School
  • Northwest Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, mgmt fee, reserve fund, water
  • Built by McComas Lacina
  • Plaza On 5Th Condominiums Subdivision
  • 5-Story Property

Listing and Financial Details

  • Assessor Parcel Number 1006422018

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2057
  • Homebuilder: McComas Lacina
  • Owner Name L F Mi: Cunningham Trusts
  • Ownership Type: Condo Detached
  • Photo Code: Broker Loaded
  • Remarks: 24 hour response time for all offers, however Seller may respond at any time. There will be no pro-rated taxes at the time of sale as Seller is exempt.
  • Year Built: 2010
  • Tax Year Report: 2022
  • Subdivision: PLAZA ON 5TH CONDOMINIUMS
  • Directions: Highway 6 W (2nd St), right on 12th Avenue, to the intersection with 5th Street
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: 2660
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash
  • Stories Style R: Condo/Single Level
  • Remarks2: Enjoy big city living in our small town in this beautiful modern upscale luxury condo. Floor to ceiling windows invite the outside in, spacious open great room concept with new luxury vinyl plank wood flooring, oversized gourmet kitchen with granite countertops, and island that seats 6+8, new induction cooktop /stove, pantry. Perfect for entertaining with 2 balconies, dining, great RMN& kitchen open to each other & walking distance to library, park, rec center, grocery store & shops. 2 spaces in a secure underground garage, storage room, workout Rm & guest studio avail to rent in building, convenient maintenance free condo living extraordinaire.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Main: 2
  • Sq Ft Above: 2057
  • 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: 13
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 4134
  • Condo Level: 5
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Mgmt Fee, Reserve Fund, Water

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: Res

Tax Info

  • Gross Tax County City: 8200
  • Assessor Parcel Number: 1006422018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 15, 2024
Sold by
John V Cunningham Family Trust and Cunningham John V
Bought by
Burbidge David D and Waterhouse Janette C
Seller's Agent
Jill Armstrong
Skogman Realty Co.
Buyer's Agent
Jeff Dill
Lepic-Kroeger, REALTORS
List Price
$500,000
Sold Price
$500,000
Views
10
Current Estimated Value
$475,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,202
Avg. Annual Appreciation
-0.87%

Purchase Details

Closed on
Jun 19, 2019
Sold by
Cunningham John V and Cunningham Jo E
Bought by
Jo E Cunningham Family Trust

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 14, 2018
Sold by
Kang Sin Young and Xue Jun
Bought by
Cunningham John V and Cunningham Jo E
Seller's Agent
Jill Armstrong
SKOGMAN REALTY
Buyer's Agent
Jill Armstrong
SKOGMAN REALTY
List Price
$430,000
Sold Price
$425,000
Premium/Discount to List
-$5,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$318,750
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2011
Sold by
Plaza 5 L L C
Bought by
Kang Sin Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,479
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Burbidge David D $250,000 None Listed On Document
Burbidge David D $250,000 None Listed On Document
Jo E Cunningham Family Trust -- None Available
Cunningham John V $425,000 None Available
Kang Sin Young $464,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunningham John V $318,750
Previous Owner Kang Sin Young $364,479
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $500,000 0.0% $243 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $500,000 +17.6% $243 / Sq Ft
08/15/2018 08/15/18 Sold $425,000 -1.2% $207 / Sq Ft
07/16/2018 07/16/18 For Sale $430,000 -- $210 / 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 -- $462,800 $50,000 $412,800
2023 -- $462,800 $50,000 $412,800
2022 $0 $462,800 $50,000 $412,800
2021 $0 $462,800 $50,000 $412,800
2020 $9,458 $462,800 $50,000 $412,800
2019 $9,582 $462,800 $50,000 $412,800
2018 $9,398 $462,800 $50,000 $412,800
2017 $9,450 $462,800 $50,000 $412,800
2016 $9,202 $462,800 $50,000 $412,800
2015 $9,202 $462,800 $50,000 $412,800
2014 $9,234 $441,300 $50,000 $391,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202401989

Iowa City Area Association of REALTORS®

APN: 1006422018