NOT LISTED FOR SALE

2444 Cascade Ln Unit 116 Iowa City, IA 52246

Estimated Value: $190,183 - $196,000

2 Beds
2 Baths
1,195 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $170,000 $142 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,503/month

49 Days on Market

Highlights

  • Brick or Stone Mason
  • Breakfast Bar
  • Property is near schools
  • Norman Borlaug Elementary School Rated A-
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of July 2023

Great investment opportunity. This large 2 bedroom 2 bath west side condo is currently rented for $1325 until July 2024. This building features a secure building, elevator and secure under ground parking. If you are looking to add to your rental properties, or looking for an investment property, look no further. Please allow 48 hours for all showings.

Last Agent to Sell the Property

Phil O'Brien

Urban Acres Real Estate Corridor Listed on: 05/13/2023

Urban Acres Real Estate Corridor

Last Buyer's Agent

Rebecca Phipps

Urban Acres Real Estate Corridor

Urban Acres Real Estate Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,394

Year Built

  • Built in 2004

Lot Details

  • 5,663

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick or Stone Mason
  • Frame Construction

Interior Spaces

  • 1,195 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Ceiling Fan
  • 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
  • Washer

Location

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

Schools

  • Weber Elementary School
  • Northwest Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available
  • Cable TV Available

Additional Features

  • Patio
  • 5,663 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1017358006

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, mgmt fee
  • Mormon Trek Village Condo Subdivision

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,394

Year Built

Built in 2004

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1195
  • Homebuilder: unknown
  • Owner Name L F Mi: Issa Maalouf
  • Ownership Type: Condo Attached
  • Photo Code: Broker Provided
  • Year Built: 2004
  • Subdivision: MORMON TREK VILLAGE CONDO
  • Directions: Mormon Trek to Rushmore to Cascade
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Security, Sidewalks, Street Lights, Close to Shopping, Close to School, On Bus Line
  • Basement Remarks: 2660
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: None/Condo
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: Great investment opportunity. This large 2 bedroom 2 bath west side condo is currently rented for $1325 until July 2024. This building features a secure building, elevator and secure under ground parking. If you are looking to add to your rental properties, or looking for an investment property, look no further. Please allow 48 hours for all showings.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1195
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: 1st Floor
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Brick, Frame
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2400
  • Condo Level: 1
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Mgmt Fee

Schools

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

Lot Info

  • Acreage: 0.13
  • Geo Subdivision: IA
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 1017358006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2023
Closed on
Jul 12, 2023
Sold by
Maalouf Issa
Bought by
Alkhoury Fadi and Hilal Hala
Seller's Agent
Phil O'Brien
Urban Acres Real Estate Corridor
Buyer's Agent
Rebecca Phipps
Urban Acres Real Estate Corridor
List Price
$184,900
Sold Price
$170,000
Premium/Discount to List
-$14,900
-8.06%
Views
176
Current Estimated Value
$193,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,796
Avg. Annual Appreciation
5.91%

Purchase Details

Listed on
Aug 24, 2017
Closed on
Sep 25, 2017
Sold by
Christen Mark W and Christen Lorna J
Bought by
Maalouf Issa
Seller's Agent
Karol Miller
Urban Acres Real Estate
Buyer's Agent
Taylor Blazek
Urban Acres Real Estate
List Price
$156,000
Sold Price
$154,000
Premium/Discount to List
-$2,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%

Purchase Details

Closed on
Jul 12, 2011
Sold by
Packer Hans L and Packer Hans
Bought by
Christen Mark W and Christen Lorna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,125
Interest Rate
5.12%
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
Alkhoury Fadi $170,000 None Listed On Document
Alkhoury Fadi $170,000 None Listed On Document
Maalouf Issa $154,000 None Available
Christen Mark W $137,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christen Mark W $103,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $170,000 -8.1% $142 / Sq Ft
05/13/2023 05/13/23 For Sale $184,900 +20.1% $155 / Sq Ft
10/02/2017 10/02/17 Sold $154,000 -1.3% $129 / Sq Ft View Prior Sale
08/25/2017 08/25/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $156,000 -- $131 / 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 $3,394 $191,280 $27,580 $163,700
2024 $3,352 $178,200 $24,820 $153,380
2023 $3,362 $178,200 $24,820 $153,380
2022 $3,212 $155,080 $22,060 $133,020
2021 $3,448 $155,080 $22,060 $133,020
2020 $3,448 $159,490 $22,060 $137,430
2019 $3,208 $159,490 $22,060 $137,430
2018 $3,208 $145,970 $16,550 $129,420
2017 $3,174 $145,970 $16,550 $129,420
2016 $3,078 $142,830 $16,550 $126,280
2015 $3,078 $142,830 $16,550 $126,280
2014 $2,924 $135,220 $16,550 $118,670
Source: Public Records

Agents Affiliated with this Home

  • Phil O'Brien

    Seller's Agent in 2023

    Phil O'Brien

    Urban Acres Real Estate Corridor

    (319) 331-1701

    213 Total Sales

    Phil O'Brien
    Section Image

  • R

    Buyer's Agent in 2023

    Rebecca Phipps

    Urban Acres Real Estate Corridor

    (319) 270-2914

    165 Total Sales

    Rebecca Phipps
    Section Image

  • K

    Seller's Agent in 2017

    Karol Miller

    Urban Acres Real Estate

  • Taylor Blazek

    Buyer's Agent in 2017

    Taylor Blazek

    Urban Acres Real Estate

    (319) 321-1910

    223 Total Sales

    Taylor Blazek
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202302611

Iowa City Area Association of REALTORS®

APN: 1017358006

Iowa Johnson County Iowa City 52246

2444 Cascade Ln Unit 116, Iowa City, IA

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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