NOT LISTED FOR SALE

2462 Cascade Ln Unit 119 Iowa City, IA 52246

Estimated Value: $197,000 - $204,000

2 Beds
2 Baths
1,242 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $144,500 $116 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,460/month

67 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Breakfast Bar
  • Norman Borlaug Elementary School Rated A-
  • Brick or Stone Mason
  • Entrance Foyer

About This Home

As of December 2015

Great 2 bedroom 2 bathroom Condo on the west side of Iowa City. Large open living space and private master suite with walk in-closet. Wonderful open foyer leads to elevator and heated underground parking. Close to the bus line, University of Iowa, and University of Iowa Hospital and Clinics.Has been a rental the past 3 years. Listing agent is the owner.

Last Agent to Sell the Property

Brad Randall

Skogman Realty Co. IC Listed on: 10/05/2015

Last Buyer's Agent

Karen Mitchell

Urban Acres Real Estate

Urban Acres Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 2004

Lot Details

  • 5,532

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 1,242 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Borlaug Elementary School
  • Northwest Middle School
  • West High School

Utilities

  • Central Air
  • Water Softener Leased
  • Internet Available
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a bus stop

Community Details

  • Association fees include bldg&liability insurance, facilities fee, garbage pickup, grounds maintenance, sewer, street maintenance, water
  • Mormon Trek Village Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1017358009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,458

Year Built

Built in 2004

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1242
  • Homebuilder: UNKNOWN
  • Owner Name L F Mi: Randall Properties LLC
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • T Val: 144500
  • Year Built: 2004
  • Subdivision: Mormon Trek Village Condo
  • Directions: Mormon Trek to Rushmore to Cascade Lane
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: On Bus Line
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available, Foyer-2 Story
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: Other
  • Possession R: Negotiable
  • Possible Finance R: 1031 Exchange, Assume, Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Great 2 bedroom 2 bathroom Condo on the west side of Iowa City. Large open living space and private master suite with walk in-closet. Wonderful open foyer leads to elevator and heated underground parking. Close to the bus line, University of Iowa, and University of Iowa Hospital and Clinics.Has been a rental the past 3 years. Listing agent is the owner.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1242
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Brick
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Softener (Rented)
  • Heating Cooling: Central

Condo/Co-op/Association

  • Association Fee: 125 monthl
  • Condo Level: 2
  • Fees Include: Bldg&Liability Insurance, Facilities Fee, Garbage Pickup, Grounds Maintenance, Sewer, Street Maintenance, Water

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 5515
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 1017358009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Dec 10, 2015
Sold by
Randall Properties Llc
Bought by
Rahman Syed Hasibur and Choudhury Ayesha Bahar
Seller's Agent
Brad Randall
Skogman Realty Co. IC
Buyer's Agent
Karen Mitchell
Urban Acres Real Estate
List Price
$150,000
Sold Price
$144,500
Premium/Discount to List
-$5,500
-3.67%
Current Estimated Value
$199,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,476
Avg. Annual Appreciation
3.34%
Original Mortgage
$130,050
Outstanding Balance
$101,272
Interest Rate
3.5%
Mortgage Type
Closed End Mortgage
Estimated Equity
$98,704

Purchase Details

Closed on
Apr 26, 2005
Sold by
Prime Ventures Construction Inc
Bought by
Slade Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rahman Syed Hasibur $144,500 None Available
Slade Daniel H $138,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Syed Hasibur $130,050
Previous Owner Slade Daniel H $116,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2015 12/11/15 Sold $144,500 -3.7% $116 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $150,000 -- $121 / 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 $3,458 $194,880 $27,580 $167,300
2024 $3,416 $181,570 $24,820 $156,750
2023 $3,412 $181,570 $24,820 $156,750
2022 $3,260 $157,420 $22,060 $135,360
2021 $3,500 $157,420 $22,060 $135,360
2020 $3,500 $161,910 $22,060 $139,850
2019 $3,256 $161,910 $22,060 $139,850
2018 $3,256 $148,240 $16,550 $131,690
2017 $3,188 $148,240 $16,550 $131,690
2016 $3,126 $145,050 $16,550 $128,500
2015 $3,126 $145,050 $16,550 $128,500
2014 $2,970 $137,320 $16,550 $120,770
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brad Randall

    Skogman Realty Co. IC

  • Karen Mitchell

    Buyer's Agent in 2015

    Karen Mitchell

    Urban Acres Real Estate

    (319) 331-6582

    46 Total Sales

    Karen Mitchell
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20155572

Iowa City Area Association of REALTORS®

APN: 1017358009

Iowa Johnson County Iowa City 52246

2462 Cascade Ln Unit 119, 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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