NOT LISTED FOR SALE

1738 Algonquin Rd Unit 1738 Iowa City, IA 52245

Peninsula Area Neighborhood

Estimated Value: $235,000 - $287,000

3 Beds
2 Baths
1,424 Sq Ft
$220/mo HOA Fee

Last Sold May 12, 2022

Last sale price $225,000 $158 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,958/month

60 Days on Market

Highlights

  • Gated Community
  • Deck
  • Ranch Style House
  • City High School Rated A-
  • Vaulted Ceiling
  • 1 Car Attached Garage

About This Home

As of May 2022

You've found it! Look no further if you're looking for an extremely well-maintained 2nd floor corner-unit condo with an abundance of natural light, vaulted ceilings, large bedrooms, a private deck with storage, a huge master closet, a 1-car garage, a cozy gas fireplace & tile surround, new LVP flooring (2021) in the living room/dining/hall, a kitchen complete with a pantry, breakfast bar, stainless steel appliances (new microwave & disposal 2021) and more! Max 2 dogs/2 cats, weight limits apply. No rentals (including short-term like AirBnB/VRBO) allowed except if owner-occupant has to relocate temporarily, not to exceed one year without HOA approval. Secured building in beautiful location, near walking trails and golf course!

Last Agent to Sell the Property

Arlene Heck

RE/MAX CONCEPTS Listed on: 11/22/2021

RE/MAX CONCEPTS

Co-Listed By

Alicia Porter

RE/MAX CONCEPTS

Last Buyer's Agent

Courtney Blair

SKOGMAN REALTY CORRIDOR

SKOGMAN REALTY CORRIDOR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,915

Year Built

  • 2005

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,424 Sq Ft Home
  • Vaulted Ceiling
  • Electric Fireplace
  • Gas Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,915

Year Built

2005

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1424
  • Association Fee Frequency: Month
  • Association Management: By Association, Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Iowa City
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 3915
  • List User Cell Phone: 319-389-5544
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 3730
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 158.01
  • Total Sq Ft: 1424
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Electric, Gas
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 220
  • Association: Yes

Schools

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

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
Nov 22, 2021
Closed on
May 9, 2022
Sold by
Peizhi Cheng
Bought by
Richardson Eric and Richardson Ayrica
Seller's Agent
Arlene Heck
RE/MAX CONCEPTS
Buyer's Agent
Courtney Blair
SKOGMAN REALTY CORRIDOR
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$263,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,511
Avg. Annual Appreciation
2.49%
Original Mortgage
$167,625
Outstanding Balance
$160,395
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$84,012

Purchase Details

Listed on
Oct 4, 2018
Closed on
Nov 28, 2018
Sold by
Atinas Marians And Victorias Investments
Bought by
Chang Peizhi
Seller's Agent
Jill Armstrong
SKOGMAN REALTY
Buyer's Agent
Arlene Heck
RE/MAX CONCEPTS
List Price
$182,500
Sold Price
$182,000
Premium/Discount to List
-$500
-0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$145,600
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2012
Closed on
Jun 12, 2012
Sold by
Brus Scott A and Brus Carol K
Bought by
Atinas Marians & Victorias Investment Ll
Seller's Agent
Mark Paterno
Urban Acres Real Estate
Buyer's Agent
Kris Westfall
Iowa Realty
List Price
$164,900
Sold Price
$157,000
Premium/Discount to List
-$7,900
-4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Closed on
May 13, 2009
Sold by
West Bank
Bought by
Brus Scott A and Brus Carol K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Richardson Eric $225,000 Abendroth Russell Barnett Law
Chang Peizhi $182,000 None Availablnone Availablee
Atinas Marians & Victorias Investment Ll $157,000 None Available
Brus Scott A $164,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Eric $167,625
Previous Owner Cheng Feizhi $148,500
Previous Owner Chang Peizhi $145,600
Previous Owner Brus Scott A $131,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $225,000 0.0% $158 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $225,000 0.0% $158 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $225,000 +23.6% $158 / Sq Ft
12/06/2018 12/06/18 Sold $182,000 -0.3% $126 / Sq Ft
10/04/2018 10/04/18 For Sale $182,500 +16.2% $126 / Sq Ft
06/15/2012 06/15/12 Sold $157,000 -4.8% $109 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $164,900 -- $114 / 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
2024 $4,158 $221,050 $35,260 $185,790
2023 $3,950 $221,050 $35,260 $185,790
2022 $3,590 $182,270 $35,260 $147,010
2021 $3,730 $182,270 $35,260 $147,010
2020 $3,730 $181,070 $35,260 $145,810
2019 $3,696 $181,070 $35,260 $145,810
2018 $3,696 $168,190 $31,340 $136,850
2017 $3,610 $168,190 $31,340 $136,850
2016 $3,540 $164,260 $31,340 $132,920
2015 $3,540 $164,260 $31,340 $132,920
2014 $3,398 $157,100 $31,340 $125,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2107948

Cedar Rapids Area Association of REALTORS®

APN: 1004158010