NOT LISTED FOR SALE

Plaza Towers Condominiums 221 E College St Unit 1206 Iowa City, IA 52240

Downtown Iowa City Neighborhood

Estimated Value: $987,703 - $1,145,000

2 Beds
2 Baths
1,834 Sq Ft
$585/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $970,000 $529 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,884/month

111 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Whirlpool Bathtub
  • Great Room
  • City High School Rated A-
  • Loft
  • 2-minute walk to Downtown Playground

About This Home

As of April 2024

STRIKING AND DRAMATIC Plaza Towers two story condominium with dynamic views including Old Capitol, private outdoor terrace and wraparound balcony. Concrete floors, floor to ceiling two story windows with electronic shades and abundance of outdoor access create a sensational contemporary ambience. The open main floor provides kitchen with stainless Jenn Air appliances including gas range, wine and beverage cooler and new refrigerator; living room and dining room surrounded by windows and spectacular views; bedroom/ study with and tiled bath with walk-in shower; laundry/utility room. The stairway with glass side panels leads to the upper level with panoramic views and offers loft area and primary bedroom with adjacent full bath with jetted bathtub and walk-in shower. Rare opportunity to own this two story style condo with extensive outdoor area including private terrace with gas line for grill, water spigot and electrical connection for hot tub. One parking space (#48 across from the elevator) and an additional storage unit are included. Subject to specific purchase (property identified and under contract).

Last Agent to Sell the Property

Lynn Weinstein

Blank & McCune Real Estate Listed on: 11/10/2023

Last Buyer's Agent

Lynn Weinstein

Blank & McCune Real Estate Listed on: 11/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,606

Year Built

  • Built in 2004

Lot Details

  • 479

HOA Fees

  • $580 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Metal Construction or Metal Frame

Interior Spaces

  • 1,834 Sq Ft Home
  • Elevator
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Open Floorplan
  • Loft

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Additional Features

  • Property is zoned CB-10
  • Property is near shops

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, mgmt fee, reserve fund, security
  • Built by McComas Lacina
  • Plaza Towers Condominium Subdivision
  • 12-Story Property

Listing and Financial Details

  • Assessor Parcel Number 202302482

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,606

Year Built

Built in 2004

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1834
  • Homebuilder: McComas Lacina
  • Owner Name L F Mi: Grosland, Nicole M. & Magnotta, Vincent A.
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Ultimate convenience with gourmet market, restaurant, gym, center for holistic healing and massage, common outdoor patio and hotel. Reside in a building with abundance of amenities, just steps from restaurants, entertainment venues, University of Iowa Health and Wellness Center, University of Iowa Art Museum, Englert Theatre, Film Scene and the University of Iowa Campus. *All appliances convey *Furniture and TVs negotiable *Internet $25/mth *Gym membership $35/mth
  • Year Built: 2004
  • Tax Year Report: 2022
  • Subdivision: Plaza Towers Condominium
  • Directions: Corner of College St and Linn St, downtown Iowa City
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Street Lights, Close to Shopping
  • Basement Remarks: 2660
  • Fireplace Type Location: None
  • Interior R: Ceiling-9+ ft, Foyer-2 Story, Whirlpool
  • Kitchen Breakfast R: Breakfast Bar, Island, Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: STRIKING AND DRAMATIC Plaza Towers two story condominium with dynamic views including Old Capitol, private outdoor terrace and wraparound balcony. Concrete floors, floor to ceiling two story windows with electronic shades and abundance of outdoor access create a sensational contemporary ambience. The open main floor provides kitchen with stainless Jenn Air appliances including gas range, wine and beverage cooler and new refrigerator; living room and dining room surrounded by windows and spectacular views; bedroom/ study with and tiled bath with walk-in shower; laundry/utility room. The stairway with glass side panels leads to the upper level with panoramic views and offers loft area and primary bedroom with adjacent full bath with jetted bathtub and walk-in shower. Rare opportunity to own this two story style condo with extensive outdoor area including private terrace with gas line for grill, water spigot and electrical connection for hot tub. One parking space (#48 across from the elevator) and an additional storage unit are included. Subject to specific purchase (property identified and under contract).
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Range/Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Upper: 1
  • Number Bedrooms Main: 1
  • Sq Ft Above: 1834
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Upper
  • Mstr Br Width: 18
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Metal Frame
  • ExteriorFeatures: Balcony, Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, 2662
  • Heating Cooling: Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 6960.00
  • Condo Level: 12
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Mgmt Fee, Reserve Fund, Security

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: Condo
  • Zoning: CB-10

Tax Info

  • Gross Tax County City: 17682.52
  • Assessor Parcel Number: 202302482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Apr 10, 2024
Sold by
Magnotta Vincent A and Grosland Nicole M
Bought by
Dreusicke Jim
Seller's Agent
Lynn Weinstein
Blank & McCune Real Estate
Buyer's Agent
Lynn Weinstein
Blank & McCune Real Estate
List Price
$1,085,000
Sold Price
$970,000
Premium/Discount to List
-$115,000
-10.6%
Views
48
Current Estimated Value
$1,081,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,324
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Hughes Gary D
Bought by
Magnotta Vincent A and Grosland Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dreusicke Jim $970,000 None Listed On Document
Magnotta Vincent A $842,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnotta Vincent A $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $970,000 -10.6% $529 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
11/10/2023 11/10/23 For Sale $1,085,000 -- $592 / 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 $16,606 $882,770 $60,500 $822,270
2023 $17,682 $882,770 $60,500 $822,270
2022 $16,896 $815,820 $60,500 $755,320
2021 $17,262 $815,820 $60,500 $755,320
2020 $17,262 $798,310 $60,500 $737,810
2019 $15,920 $798,310 $60,500 $737,810
2018 $15,920 $724,630 $48,400 $676,230
2017 $15,592 $724,630 $48,400 $676,230
2016 $15,288 $709,310 $36,300 $673,010
2015 $15,288 $709,310 $36,300 $673,010
2014 $14,716 $680,350 $24,200 $656,150
Source: Public Records

Agents Affiliated with this Home

  • Lynn Weinstein

    Seller's Agent in 2024

    Lynn Weinstein

    Blank & McCune Real Estate

    (319) 400-0355

    10 in this area

    240 Total Sales

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About Plaza Towers Condominiums

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202305881

Iowa City Area Association of REALTORS®

APN: 1010390245

Iowa Johnson County Iowa City 52240 Downtown Iowa City

221 E College St Unit 1206, Iowa City, IA

This home is located at 221 E College St Unit 1206, Iowa City, IA 52240 since 10 November 2023 and is currently estimated at $1,072,568, approximately $584 per square foot. This property was built in 2004. 221 E College St Unit 1206 is a home located in Johnson County with nearby schools including Longfellow Elementary School, Southeast Junior High School, and City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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