NOT LISTED FOR SALE

203 5th St Unit 5 Coralville, IA 52241

Estimated Value: $117,000 - $134,008

2 Beds
1 Bath
866 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $106,000 $122 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $925/month

27 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Balcony
  • West High School Rated A
  • Breakfast Area or Nook
  • Living Room

About This Home

As of November 2021

INVESTMENT OPPORTUNITY! Don't miss out on this 2 Bed/1 Bath Condo in the heart of Coralville. Located on a Bus Line and close to Iowa River Landing, Coralville Strip, Parks, Library, Schools, UofI, Shopping, Interstate, and more! This open concept unit has neutral paint throughout, LVP flooring, and comes with a complete appliance package including washer/dryer. Be sure to enjoy the elevated view of 5th Street from the covered balcony/deck, there's also a designated 1-car detached garage for this unit. Currently rented for $925/month through July 2022. (24 Hour Notice Required for Showings)

Last Agent to Sell the Property

Kayla Fisher

Lepic-Kroeger, REALTORS Listed on: 10/12/2021

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Brandi Radcliffe

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,948

Year Built

  • Built in 1996

Lot Details

  • 0.96

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • 866 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Open Floorplan

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

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

Schools

  • Central Elementary School
  • Northwest Middle School
  • West High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Water Softener is Owned
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1005464005

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,948

Year Built

Built in 1996

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 866
  • Homebuilder: Unknown
  • Owner Name L F Mi: McCabe
  • Ownership Type: Income/Investment
  • Photo Code: Complete
  • Remarks: Can be Owner Occupied after current lease expires. Has Active Rental Permit; Rented for $925/month through July 2022. The condo has a whole unit water softener in place.
  • Year Built: 1996
  • Tax Year Report: 2020
  • Subdivision: Unknown
  • Directions: From the intersection of the Coralville Strip (Hwy 6) and 1st Avenue, turn North onto 1st Avenue, proceed 2 blocks toward Iowa River Power. Turn Left onto 5th Street, turn right into condo parking lot. (Building in the front).
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Pet Policy, Security, Sidewalks, Street Lights, Close to Shopping, On Bus Line
  • Basement Remarks: 2660
  • Fireplace Type Location: In Great/Family Room, Gas
  • Interior R: Other
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Pantry, Kit/Dining Rm Comb
  • Lot Description R: Other
  • Possession R: Other
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Other
  • Remarks2: INVESTMENT OPPORTUNITY! Don't miss out on this 2 Bed/1 Bath Condo in the heart of Coralville. Located on a Bus Line and close to Iowa River Landing, Coralville Strip, Parks, Library, Schools, UofI, Shopping, Interstate, and more! This open concept unit has neutral paint throughout, LVP flooring, and comes with a complete appliance package including washer/dryer. Be sure to enjoy the elevated view of 5th Street from the covered balcony/deck, there's also a designated 1-car detached garage for this unit. Currently rented for $925/month through July 2022. (24 Hour Notice Required for Showings)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 866
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet, Kitchen Area, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Unknown
  • ExteriorFeatures: Balcony, Deck

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Softener (Owned)
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central

Condo/Co-op/Association

  • Association Fee: 1200
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2014.32
  • Assessor Parcel Number: 1005464005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2022
Sold by
Cooper Jay C and Cooper Darbie L
Bought by
Kaldenberg Mary Jane
Current Estimated Value
$126,502

Purchase Details

Listed on
Oct 12, 2021
Closed on
Nov 16, 2021
Sold by
Mccabe Jennifer E and Beane Andrew
Bought by
Kaldenberg Apartments Llc
Seller's Agent
Kayla Fisher
Lepic-Kroeger, REALTORS
Buyer's Agent
Brandi Radcliffe
Lepic-Kroeger, REALTORS
List Price
$107,900
Sold Price
$106,000
Premium/Discount to List
-$1,900
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$84,800
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2010
Sold by
Power Camille J and Power Edward J
Bought by
Mccabe Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
5%
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
Kaldenberg Mary Jane $108,000 None Listed On Document
Kaldenberg Apartments Llc $106,000 None Available
Mccabe Jennifer E $83,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaldenberg Apartments Llc $84,800
Previous Owner Mccabe Jennifer E $74,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $106,000 -1.8% $122 / Sq Ft
10/12/2021 10/12/21 For Sale $107,900 -- $125 / 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
2025 $1,948 $120,800 $20,000 $100,800
2024 $1,924 $105,100 $20,000 $85,100
2023 $2,128 $105,100 $20,000 $85,100
2022 $2,032 $101,500 $9,000 $92,500
2021 $2,014 $101,500 $9,000 $92,500
2020 $2,014 $96,600 $9,000 $87,600
2019 $1,900 $96,600 $9,000 $87,600
2018 $1,864 $91,800 $9,000 $82,800
2017 $1,864 $91,800 $9,000 $82,800
2016 $1,738 $87,400 $9,000 $78,400
2015 $1,738 $87,400 $9,000 $78,400
2014 $1,622 $81,300 $9,000 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202105573

Iowa City Area Association of REALTORS®

APN: 1005464005