NOT LISTED FOR SALE

1401 Mckinley Place Iowa City, IA 52246

Estimated Value: $195,000 - $216,782

2 Beds
2.5 Baths
1,518 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $182,000 $120 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,616/month

52 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Property is near schools
  • Norman Borlaug Elementary School Rated A-
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

This west Iowa City 2 BR 2 1/2 bath townhouse end unit condo has a great location on a bus route, convenient to schools, shopping and the UI medical, dental and law colleges. The main floor features hardwood floors and a sun filled living room/dining room combination with fireplace as well as a large deck off of the living room. The kitchen has a pantry for convenient meal making along with a convenient breakfast bar. Both bedrooms are large and have walk-in closets. Furnace and AC new in 2017.

Last Agent to Sell the Property

Michael Paul

Edge Realty Group Listed on: 11/15/2022

Edge Realty Group

Last Buyer's Agent

Tyler Riddle

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 1997

Lot Details

  • 5,532

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Location

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

Schools

  • Weber 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, street maintenance
  • Built by Prime Ventures
  • Mormon Trek Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1017353009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,530

Year Built

Built in 1997

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1518
  • Homebuilder: Prime Ventures
  • Owner Name L F Mi: Erik Sowinski
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: There is an annual special assessment of $750 broken into two payments per year that runs through 2025. One payment is due by June 1st in the amount of $500 and the other is due by September 1st in the amount of $250.
  • Year Built: 1997
  • Tax Year Report: 2021
  • Subdivision: Mormon Trek Village
  • Directions: Mormon Trek Blvd. to Rushmore Dr. to right on McKinley Pl.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Street Lights, Close to Shopping, Close to School, On Bus Line
  • Basement Remarks: Finished
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available, Vaulted Ceiling
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: This west Iowa City 2 BR 2 1/2 bath townhouse end unit condo has a great location on a bus route, convenient to schools, shopping and the UI medical, dental and law colleges. The main floor features hardwood floors and a sun filled living room/dining room combination with fireplace as well as a large deck off of the living room. The kitchen has a pantry for convenient meal making along with a convenient breakfast bar. Both bedrooms are large and have walk-in closets. Furnace and AC new in 2017.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 2
  • Sq Ft Above: 1368
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 2
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 150
  • Laundry Location: Laundry Closet, Basement
  • Mstr Br Level: Upper
  • Number of Fireplaces: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2400
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Street Maintenance

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: Condo
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3493
  • Assessor Parcel Number: 1017353009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Manufx Llc
Bought by
Mishra Ashish
Total Days on Market
52
Current Estimated Value
$206,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$178,903
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$27,386

Purchase Details

Listed on
Nov 15, 2022
Closed on
Feb 6, 2023
Sold by
Mishra Ashish and Mishra Chandrikha
Bought by
Manufx Llc
Seller's Agent
Michael Paul
Edge Realty Group
Buyer's Agent
Tyler Riddle
Lepic-Kroeger, REALTORS
List Price
$189,000
Sold Price
$182,000
Premium/Discount to List
-$7,000
-3.7%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$136,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 4, 2023
Sold by
Sowinski Erik B
Bought by
Mishra Ashish and Chandrasekharan Chandrikha
Seller's Agent
Michael Paul
Edge Realty Group
Buyer's Agent
Tyler Riddle
Lepic-Kroeger, REALTORS
List Price
$189,000
Sold Price
$182,000
Premium/Discount to List
-$7,000
-3.7%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jul 6, 2015
Sold by
Sheth Seema Sahai and Sheth Anis A
Bought by
Sowinski Erik Bennett
Seller's Agent
Teresa Morrow
Blank & McCune Real Estate
Buyer's Agent
Michael Paul
Edge Realty Group
List Price
$159,999
Sold Price
$162,000
Premium/Discount to List
$2,001
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%
Original Mortgage
$137,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Mishra Ashish -- None Listed On Document
Manufx Llc -- --
Mishra Ashish $182,000 --
Sowinski Erik Bennett $162,000 None Available
Sowinski Erik Bennett $162,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishra Ashish $180,000
Previous Owner Mishra Ashish $136,500
Previous Owner Sowinski Erik Bennett $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $182,000 -3.7% $120 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
11/15/2022 11/15/22 For Sale $189,000 +16.7% $125 / Sq Ft
07/07/2015 07/07/15 Sold $162,000 +1.3% $107 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $159,999 -- $105 / 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 $3,530 $187,620 $24,820 $162,800
2023 $3,656 $187,620 $24,820 $162,800
2022 $3,492 $168,660 $22,060 $146,600
2021 $3,626 $168,660 $22,060 $146,600
2020 $3,626 $167,670 $22,060 $145,610
2019 $3,348 $167,670 $22,060 $145,610
2018 $3,348 $152,380 $16,550 $135,830
2017 $3,312 $152,380 $16,550 $135,830
2016 $3,254 $150,950 $16,550 $134,400
2015 $3,254 $150,950 $16,550 $134,400
2014 $3,130 $144,660 $16,550 $128,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202206117

Iowa City Area Association of REALTORS®

APN: 1017353009