NOT LISTED FOR SALE

202 N Linn St Unit 201 Iowa City, IA 52245

Estimated Value: $330,000 - $365,678

1 Bed
1 Bath
655 Sq Ft
$533/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $350,000 $534 Per Sq Ft

Current estimated payment $2,695/month

Highlights

  • Main Floor Primary Bedroom
  • Balcony
  • Living Room
  • City High School Rated A-
  • Breakfast Bar
  • Outdoor Gas Grill

About This Home

As of August 2023

Turnkey Airbnb ready for your investment portfolio! All appliances & furniture included. Inquire with agent for numbers. Market House caters to the simple luxuries of city living. This SE corner open floor plan unit offers 1 bed + bath with sleek designs & high end finishes. Features include secured access elevator, rooftop grill, fire pit & more. Bookshops, grocery, coffee, wine or dine just steps from home!

Last Agent to Sell the Property

Ross Nusser

Urban Acres Real Estate Corridor Listed on: 08/28/2023

Urban Acres Real Estate Corridor

Last Buyer's Agent

Ross Nusser

Urban Acres Real Estate Corridor Listed on: 08/28/2023

Urban Acres Real Estate Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,736

Year Built

  • Built in 2020

Lot Details

  • Property is zoned CB-5

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 655 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Gas Grill

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mann Elementary School
  • Southeast Middle School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1010318003

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, mgmt fee, reserve fund
  • Built by McComas Lacina
  • 202 Linn Condominiums Subdivision

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,736

Year Built

Built in 2020

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 655
  • Homebuilder: McComas Lacina
  • Owner Name L F Mi: M&J Hall, LLC
  • Ownership Type: Income/Investment
  • Photo Code: Complete
  • Remarks: All showings to be scheduled with Mark Paterno. Units are currently used as Airbnb's with several long-term stays already in the books - showings may need to be scheduled several days in advance or preliminary showing of a similar unit. Cross listed as Single Family/Condo Attached MLS# 202300868. No offer will be accepted contingent upon an appraisal. Inquire with listing agent for parking details.
  • Year Built: 2020
  • Tax Year Report: 2021
  • Subdivision: 202 LINN CONDOMINIUMS
  • Directions: Corner of Market & Linn St.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • L O3 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Pet Policy, Security, Sidewalks, Street Lights, Close to Shopping, Close to School, Other
  • Basement Remarks: 2660
  • Fireplace Type Location: None
  • Interior R: Cable Available, Ceiling-9+ ft, Other
  • Kitchen Breakfast R: Breakfast Bar, Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: 1031 Exchange, Cash, Conventional
  • Stories Style R: Other, Condo/Single Level
  • Remarks2: Turnkey Airbnb ready for your investment portfolio! All appliances & furniture included. Inquire with agent for numbers. Market House caters to the simple luxuries of city living. This SE corner open floor plan unit offers 1 bed + bath with sleek designs & high end finishes. Features include secured access elevator, rooftop grill, fire pit & more. Bookshops, grocery, coffee, wine or dine just steps from home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Range/Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Main: 1
  • Sq Ft Above: 655
  • Total Full Baths: 1
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet, Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Balcony, Gas Grill, Other

Garage/Parking

  • Parking Spaces: None

Utilities

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

Condo/Co-op/Association

  • Association Fee: 3354.24
  • Condo Level: 2
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Mgmt Fee, Reserve Fund, Other

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: CB-5

Tax Info

  • Gross Tax County City: 5828
  • Assessor Parcel Number: 1010318003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Aug 28, 2023
Sold by
M & J Hall Llc
Bought by
202 Linn Llc
Seller's Agent
Ross Nusser
Urban Acres Real Estate Corridor
Buyer's Agent
Ross Nusser
Urban Acres Real Estate Corridor
List Price
$350,000
Sold Price
$350,000
Views
2
Current Estimated Value
$349,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$830
Avg. Annual Appreciation
-0.13%
Original Mortgage
$541,923
Outstanding Balance
$533,324
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
-$184,154

Purchase Details

Listed on
Aug 28, 2023
Closed on
Jul 7, 2023
Sold by
202 Linn Llc
Bought by
M & J Hall Llc
Seller's Agent
Ross Nusser
Urban Acres Real Estate Corridor
Buyer's Agent
Ross Nusser
Urban Acres Real Estate Corridor
List Price
$350,000
Sold Price
$350,000
Views
2

Purchase Details

Closed on
Mar 24, 2023
Sold by
202 Linn Llc
Bought by
Bamabas Afley S and Giday Genet F
Source: Public Records

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Range of Values:

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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
202 Linn Llc $350,000 None Listed On Document
M & J Hall Llc $350,000 None Listed On Document
Bamabas Afley S $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 202 Linn Llc $541,923
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $350,000 0.0% $534 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $350,000 0.0% $534 / Sq Ft
07/07/2023 07/07/23 Sold $350,000 0.0% $534 / Sq Ft
02/15/2023 02/15/23 For Sale $350,000 -- $534 / 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 $5,736 $304,930 $17,300 $287,630
2023 $6,100 $304,930 $17,300 $287,630
2022 $5,828 $281,400 $17,300 $264,100
2021 $2,170 $281,400 $17,300 $264,100
2020 $2,170 $83,844 $16,966 $66,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202304656

Iowa City Area Association of REALTORS®

APN: 1010318003