NOT LISTED FOR SALE

1548 Mckinley Place Iowa City, IA 52246

Estimated Value: $206,000 - $226,000

2 Beds
2.5 Baths
1,524 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 22, 2019

Last sale price $172,500 $113 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,619/month

36 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Breakfast Bar
  • Norman Borlaug Elementary School Rated A-
  • Vaulted Ceiling
  • Property is near schools

About This Home

As of April 2019

This end unit townhome is a must-see! It is conveniently located on the west side of Iowa City, close to UIHC, the interstate, and on the bus line. This well-maintained condo boasts a large living room and half bathroom on the main level, two spacious bedrooms with en suites and walk-in closets upstairs, and just enough space downstairs for an office or small rec room. Plus, there's a nice deck, perfect for the warmer days of spring ahead, and an attached 2-car garage. This is one you do not want to miss!

Last Agent to Sell the Property

Molly Trimble

Lepic-Kroeger, REALTORS Listed on: 03/07/2019

Lepic-Kroeger, REALTORS

Co-Listed By

Rachel Barnes

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Adam Schweickert

Urban Acres Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,542

Year Built

  • Built in 1996

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Recreation 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

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

Listing and Financial Details

  • Assessor Parcel Number 1017352005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,542

Year Built

Built in 1996

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1524
  • Homebuilder: Prime Ventures
  • Owner Name L F Mi: Peng Yu & Min Wang
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Remarks: Verify school enrollment with ICCSD. New microwave and thermostat. Average gas & electric is $116/month.
  • Year Built: 1996
  • Tax Year Report: 2017
  • Subdivision: Mormon Trek Village
  • Directions: Mormon Trek Blvd to Rushmore Dr to McKinley Pl
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • L O2 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: Poured Concrete, 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, Townhouse Style
  • Remarks2: This end unit townhome is a must-see! It is conveniently located on the west side of Iowa City, close to UIHC, the interstate, and on the bus line. This well-maintained condo boasts a large living room and half bathroom on the main level, two spacious bedrooms with en suites and walk-in closets upstairs, and just enough space downstairs for an office or small rec room. Plus, there's a nice deck, perfect for the warmer days of spring ahead, and an attached 2-car garage. This is one you do not want to miss!
  • 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: 1374
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 2
  • Total Bathrooms: 3
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 150
  • Laundry Location: Laundry Closet, Basement
  • Mstr Br Level: Upper
  • Mstr Br Width: 14
  • Number of Fireplaces: 1

Exterior Features

  • 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: 1740
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Grounds Maintenance, Street Maintenance

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: N/A - Condo
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3324
  • Assessor Parcel Number: 1017352005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 3, 2019
Sold by
Wang Min and Yu Peng
Bought by
Shin Ching Wei David and Chien Yueh Mei
Seller's Agent
Molly Trimble
Lepic-Kroeger, REALTORS
Buyer's Agent
Adam Schweickert
Urban Acres Real Estate
List Price
$172,500
Sold Price
$172,500
Current Estimated Value
$216,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,360
Avg. Annual Appreciation
3.49%

Purchase Details

Listed on
Apr 12, 2015
Closed on
Jun 29, 2015
Sold by
Aldrich Rietz Sarah
Bought by
Yu Peng and Wang Min
Seller's Agent
Gloria Escarza
Edge Realty Group
Buyer's Agent
Julie Dancer
Lepic-Kroeger, REALTORS
List Price
$159,900
Sold Price
$157,500
Premium/Discount to List
-$2,400
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$23,625
Interest Rate
3.83%
Mortgage Type
Stand Alone Second
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
Shin Ching Wei David $172,500 None Available
Yu Peng $157,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Min $23,625
Previous Owner Yu Peng $133,875
Previous Owner Aldrich Rietz Sarah J $85,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2019 04/22/19 Sold $172,500 0.0% $113 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $172,500 +9.5% $113 / Sq Ft
06/30/2015 06/30/15 Sold $157,500 -1.5% $103 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
04/12/2015 04/12/15 For Sale $159,900 -- $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 $3,542 $188,280 $24,820 $163,460
2023 $3,630 $188,280 $24,820 $163,460
2022 $3,468 $167,470 $22,060 $145,410
2021 $3,600 $167,470 $22,060 $145,410
2020 $3,600 $166,510 $22,060 $144,450
2019 $3,360 $166,510 $22,060 $144,450
2018 $3,360 $152,920 $16,550 $136,370
2017 $3,330 $152,920 $16,550 $136,370
2016 $3,276 $151,490 $16,550 $134,940
2015 $3,276 $151,970 $16,550 $135,420
2014 $2,962 $145,650 $16,550 $129,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20191347

Iowa City Area Association of REALTORS®

APN: 1017352005