NOT LISTED FOR SALE

2470 Cascade Ln Unit T123 Iowa City, IA 52246

Estimated Value: $196,000 - $202,000

2 Beds
2 Baths
1,195 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $188,000 $157 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,520/month

31 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Balcony
  • Norman Borlaug Elementary School Rated A-
  • Great Room with Fireplace
  • Brick or Stone Mason

About This Home

As of July 2022

Gonna love this one! Choice spacious top floor condo in better-than-new condition. Sliding glass doors to balcony provide great light and commanding view of open lawn and trees. Open great room with vaulted ceiling, gas log FP & new LVP flooring! Kitchen features matching appliances including brand new Samsung 3-door fridge, breakfast bar, new sink & faucet. Laundry room (W&D stay) conveniently next to kitchen. Large primary bedroom w/ensuite bath & walk-in closet. Second large bedroom with great southern exposure for plant lovers. Full second bathroom. Zero-entry, building elevator, 4' hallway & 36" doors in the unit for convenience & handicapped access. Fresh paint in great room and primary bedroom. One reserved underground parking spot & ample adjacent street parking. New roof 2021. HVAC recently serviced by Brandt. Building has sprinkler system for safety and lower insurance rates. Minutes to UIHC & campus. Quick possession possible. Seller reserves the right to accept an offer at any time. Please allow at least 24 hours for a response. Verify school assignments with ICCSD.

Last Agent to Sell the Property

CLAY CLAUSSEN

RE/MAX Concepts Listed on: 05/20/2022

RE/MAX Concepts

Last Buyer's Agent

John Hall

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,394

Year Built

  • Built in 2004

Lot Details

  • 5,532

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
  • 3-Story Property
  • Elevator
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

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

Accessible Home Design

  • Handicap Accessible
  • Stepless Entry

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, mgmt fee, reserve fund
  • Built by Prime Ventures
  • Mormon Trek Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1017358013

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: Prime Ventures
  • Owner Name L F Mi: Mitchell, Emily I
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Gas & electric 24 month average: $85!
  • Year Built: 2004
  • Zero Step Entry: Yes
  • Subdivision: MORMON TREK VILLAGE
  • Directions: Mormon Trek Blvd to west on Rushmore Dr, east/right on Cascade Ln, last building on left
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Pet Policy, Sidewalks, Street Lights, On Bus Line
  • Basement Remarks: 2660
  • Fireplace Type Location: In Great/Family Room, Gas Log
  • Interior R: Handicap Access, Vaulted Ceiling
  • Kitchen Breakfast R: Breakfast Bar, Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story, Condo/Single Level
  • Remarks2: Gonna love this one! Choice spacious top floor condo in better-than-new condition. Sliding glass doors to balcony provide great light and commanding view of open lawn and trees. Open great room with vaulted ceiling, gas log FP & new LVP flooring! Kitchen features matching appliances including brand new Samsung 3-door fridge, breakfast bar, new sink & faucet. Laundry room (W&D stay) conveniently next to kitchen. Large primary bedroom w/ensuite bath & walk-in closet. Second large bedroom with great southern exposure for plant lovers. Full second bathroom. Zero-entry, building elevator, 4' hallway & 36" doors in the unit for convenience & handicapped access. Fresh paint in great room and primary bedroom. One reserved underground parking spot & ample adjacent street parking. New roof 2021. HVAC recently serviced by Brandt. Building has sprinkler system for safety and lower insurance rates. Minutes to UIHC & campus. Quick possession possible. Seller reserves the right to accept an offer at any time. Please allow at least 24 hours for a response. Verify school assignments with ICCSD.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

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

Exterior Features

  • Construction: Brick, Frame
  • ExteriorFeatures: Balcony

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2400
  • Condo Level: 3
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Mgmt Fee, Reserve Fund

Schools

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

Lot Info

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

Tax Info

  • Assessor Parcel Number: 1017358013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 27, 2022
Sold by
Mitchell Emily I
Bought by
Gupta Sudeep and Gupta Anushree
Seller's Agent
CLAY CLAUSSEN
RE/MAX Concepts
Buyer's Agent
John Hall
Edge Realty Group
List Price
$192,500
Sold Price
$188,000
Premium/Discount to List
-$4,500
-2.34%
Current Estimated Value
$198,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,143
Avg. Annual Appreciation
1.60%
Original Mortgage
$169,200
Outstanding Balance
$159,065
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$39,078

Purchase Details

Listed on
Feb 26, 2019
Closed on
Jun 12, 2019
Sold by
Hussein Youness and Itani Najla
Bought by
Mitcheli Emily I
Seller's Agent
Mark Signs
RE/MAX Affiliates
Buyer's Agent
CLAY CLAUSSEN
RE/MAX Concepts
List Price
$168,000
Sold Price
$165,000
Premium/Discount to List
-$3,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$132,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2016
Sold by
Clarke Joseph C
Bought by
Hussein Youness and Itani Najila

Purchase Details

Closed on
Jul 22, 2008
Sold by
Green Kirk D and Green Ruth I
Bought by
Clarke Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2005
Sold by
Prime Ventures Construction Inc
Bought by
Green Kirk D and Green Ruth I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,285
Interest Rate
5.82%
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
Gupta Sudeep $188,000 None Listed On Document
Mitcheli Emily I $165,000 None Available
Hussein Youness $150,000 None Available
Clarke Joseph C $145,000 None Available
Green Kirk D $142,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Sudeep $169,200
Previous Owner Mitcheli Emily I $132,000
Previous Owner Clarke Joseph C $130,500
Previous Owner Green Kirk D $127,285
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2022 07/08/22 Sold $188,000 -2.3% $157 / Sq Ft
05/20/2022 05/20/22 For Sale $192,500 +16.7% $161 / Sq Ft
06/17/2019 06/17/19 Sold $165,000 -1.8% $138 / Sq Ft View Prior Sale
02/26/2019 02/26/19 For Sale $168,000 -- $141 / 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 $3,026 $155,080 $22,060 $133,020
2021 $3,262 $155,080 $22,060 $133,020
2020 $3,262 $159,490 $22,060 $137,430
2019 $3,020 $159,490 $22,060 $137,430
2018 $3,020 $145,970 $16,550 $129,420
2017 $2,984 $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

  • CLAY CLAUSSEN

    Seller's Agent in 2022

    CLAY CLAUSSEN

    RE/MAX

    (319) 331-9911

    50 Total Sales

    CLAY CLAUSSEN
    Section Image

  • J

    Buyer's Agent in 2022

    John Hall

    Edge Realty Group

    (319) 530-1981

    63 Total Sales

    John Hall
    Section Image
  • Mark Signs

    Seller's Agent in 2019

    Mark Signs

    RE/MAX Affiliates

    (319) 325-7750

    47 Total Sales

    Mark Signs
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202203035

Iowa City Area Association of REALTORS®

APN: 1017358013

Iowa Johnson County Iowa City 52246

2470 Cascade Ln Unit T123, 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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