NOT LISTED FOR SALE

1702 Algonquin Rd Unit 1702 Iowa City, IA 52245

Peninsula Area Neighborhood

Estimated Value: $225,000 - $245,000

2 Beds
2 Baths
1,106 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $197,000 $178 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,731/month

29 Days on Market

Highlights

  • Breakfast Bar
  • Patio
  • Forced Air Heating and Cooling System
  • City High School Rated A-
  • Shed
  • Dining Room

About This Home

As of December 2023

A Rare Find! Move right into this end unit, main floor condo inside a secure building! A bonus of a private entrance right off your patio doors. The updated condo features an open concept floor plan has 9 foot ceilings, and a built in gas fireplace in the living room. The kitchen features maple cabinetry, stainless steel appliances and a spacious breakfast bar. The primary bathroom features a walk in closet along with dual sinks in the primary bath. Laundry room has additional storage and the newer washer and dryer are included. There is an additional storage closet outside the unit with access from the covered patio. 1 parking stall included inside the attached parking garage. Close to dog park, Elks club, downtown Iowa City, trials, city bus stop, trail and easy access to I-80.

Last Agent to Sell the Property

Jennifer Burhans

Lepic-Kroeger, REALTORS Listed on: 10/04/2023

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Eliza Ghabel

Edge Realty Group

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 2005

Lot Details

  • 3,920

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,106 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Outdoor Features

  • Patio
  • Shed

Schools

  • Lincoln Elementary School
  • Southeast Middle School

Utilities

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

Community Details

  • Association fees include exterior maintenance
  • Mackinaw Village Townhom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1004158001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,430

Year Built

Built in 2005

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1106
  • Homebuilder: Unknown
  • Owner Name L F Mi: Gibson, Terry & Jan
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Should sellers agent write the accepted offer for the buyer, total commission to be 5%. Seller to verify school districts. The Sentra key is in the lockbox that is right on the door of the covered patio. No need to go through the building..just access the condo by using the private patio entrance which faces Algonquin Rd. The garage stall is the one nearest to the condo and can be accessed by the inside or the ouside.
  • Year Built: 2005
  • Tax Year Report: 2022
  • Subdivision: MACKINAW VILLAGE TOWNHOM
  • Directions: Dubuque Street to Foster Road, right on Algonquin.
  • L O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Slab
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Other
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: None/Condo
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level, 2661
  • Remarks2: A Rare Find! Move right into this end unit, main floor condo inside a secure building! A bonus of a private entrance right off your patio doors. The updated condo features an open concept floor plan has 9 foot ceilings, and a built in gas fireplace in the living room. The kitchen features maple cabinetry, stainless steel appliances and a spacious breakfast bar. The primary bathroom features a walk in closet along with dual sinks in the primary bath. Laundry room has additional storage and the newer washer and dryer are included. There is an additional storage closet outside the unit with access from the covered patio. 1 parking stall included inside the attached parking garage. Close to dog park, Elks club, downtown Iowa City, trials, city bus stop, trail and easy access to I-80.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Dryer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1106
  • 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 Fireplaces: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Patio, Shed

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2,640
  • Condo Level: 1
  • Fees Include: Exterior Maintenance

Schools

  • Elementary School: Lincoln
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Lincoln

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: Common
  • Zoning: Residental

Tax Info

  • Gross Tax County City: 3350
  • Assessor Parcel Number: 1004158001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 30, 2023
Sold by
Gibson Terry and Gibson Jan
Bought by
Gaber Jeff and Gaber June
Seller's Agent
Jennifer Burhans
Lepic-Kroeger, REALTORS
Buyer's Agent
Eliza Ghabel
Edge Realty Group
List Price
$200,000
Sold Price
$197,000
Premium/Discount to List
-$3,000
-1.5%
Views
202
Current Estimated Value
$232,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,099
Avg. Annual Appreciation
9.54%
Original Mortgage
$177,300
Outstanding Balance
$174,517
Interest Rate
7.79%
Mortgage Type
VA
Estimated Equity
$57,582

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 22, 2020
Sold by
Cronbaugh Tara B
Bought by
Gibson Terry and Gibson Jan
Seller's Agent
Jill Armstrong
SKOGMAN REALTY
Buyer's Agent
Jennifer Burhans
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$153,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2017
Sold by
Cronbaugh Tara B
Bought by
Cronbaugh Tara B and The Tara B Cronbaugh Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,855
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2011
Sold by
Codelco Llc
Bought by
Cronbaugh David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2007
Sold by
Mackinaw Village Townhomes Lc
Bought by
Connelly Mark S and Connelly Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,992
Interest Rate
6.77%
Mortgage Type
New Conventional
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
Gaber Jeff $197,000 None Listed On Document
Gaber Jeff $197,000 None Listed On Document
Gibson Terry $170,000 None Available
Cronbaugh Tara B -- None Available
Cronbaugh David M $141,000 None Available
Connelly Mark S $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaber Jeff $177,300
Closed Gaber Jeff $177,300
Previous Owner Gibson Terry $153,000
Previous Owner Tara B Cronbaugh Trust $116,855
Previous Owner Cronbaugh David $126,600
Previous Owner Cronbaugh David M $126,900
Previous Owner Connelly Mark S $115,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $197,000 -1.5% $178 / Sq Ft
10/04/2023 10/04/23 For Sale $200,000 +17.6% $181 / Sq Ft
06/01/2020 06/01/20 Sold $170,000 0.0% $154 / Sq Ft
03/23/2020 03/23/20 For Sale $170,000 -- $154 / 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 $3,430 $182,390 $35,260 $147,130
2023 $3,350 $182,390 $35,260 $147,130
2022 $3,200 $154,560 $35,260 $119,300
2021 $3,320 $154,560 $35,260 $119,300
2020 $3,320 $153,590 $35,260 $118,330
2019 $3,128 $153,590 $35,260 $118,330
2018 $3,128 $142,400 $31,340 $111,060
2017 $3,070 $142,400 $31,340 $111,060
2016 $3,010 $139,680 $31,340 $108,340
2015 $3,010 $139,680 $31,340 $108,340
2014 $2,968 $137,180 $31,340 $105,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202305195

Iowa City Area Association of REALTORS®

APN: 1004158001