NOT LISTED FOR SALE

2582 Cascade Ln Unit V157 Iowa City, IA 52246

Estimated Value: $188,000 - $206,398

2 Beds
2 Baths
1,299 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $144,000 $111 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,494/month

57 Days on Market

Highlights

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

About This Home

As of May 2016

Spacious 2 bedroom, 2 bath West side condo in excellent move-in condition and located on bus route close to UIHC and UI campus. Great floor plan with breakfast bar in kitchen, gas fireplace in living room, spacious master bedroom with large walk-in closet and private bath, laundry room and huge 40 ft covered deck with patio door access from living room and both bedrooms plus storage room. Elevator in building and underground parking.

Last Agent to Sell the Property

Mike Vermace

Vermace Realty Listed on: 03/07/2016

Last Buyer's Agent

Tricia Van Roekel

Urban Acres Real Estate

Urban Acres Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1999

Lot Details

  • 5,532

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 1,299 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

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

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1017356035

Community Details

Overview

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

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,094

Year Built

Built in 1999

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1299
  • Homebuilder: Unknown
  • Owner Name L F Mi: Swanson, James and Roberta
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: PLEASE CALL 1.800.SHOWING (800.746.9464) TO SCHEDULE ALL SHOWINGS.
  • T Val: 144000
  • Year Built: 1999
  • Tax Year Report: 2014
  • Subdivision: Mormon Trek Village
  • 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
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: None/Condo
  • Possession R: Immediate, Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Other
  • Remarks2: Spacious 2 bedroom, 2 bath West side condo in excellent move-in condition and located on bus route close to UIHC and UI campus. Great floor plan with breakfast bar in kitchen, gas fireplace in living room, spacious master bedroom with large walk-in closet and private bath, laundry room and huge 40 ft covered deck with patio door access from living room and both bedrooms plus storage room. Elevator in building and underground parking.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1299
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, 1st Floor
  • Mstr Br Level: Main
  • Mstr Br Width: 11
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Brick
  • ExteriorFeatures: Deck

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1620.00
  • Condo Level: 2
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Facilities Fee, Garbage Pickup, Grounds Maintenance, Mgmt Fee, Security

Schools

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

Lot Info

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

Rental Info

  • Lease Value: 144000

Tax Info

  • Gross Tax County City: 2748
  • Assessor Parcel Number: 1017356035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2018
Sold by
Wells Nathanael B and Wells Arianiz
Bought by
Fisher Cody
Current Estimated Value
$201,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Outstanding Balance
$130,820
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$70,703

Purchase Details

Listed on
Mar 7, 2016
Closed on
May 9, 2016
Sold by
Swanson James E
Bought by
Wells Nathanael B and Agosto Arianiz
Seller's Agent
Mike Vermace
Vermace Realty
Buyer's Agent
Tricia Van Roekel
Urban Acres Real Estate
List Price
$149,900
Sold Price
$144,000
Premium/Discount to List
-$5,900
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Original Mortgage
$115,200
Interest Rate
3.58%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Jun 11, 2010
Sold by
Greenfeld Marty S and Greenfeld Roslyn N
Bought by
Lash Preston E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
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
Fisher Cody $165,000 None Available
Wells Nathanael B -- None Available
Lash Preston E $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Cody $148,500
Closed Fisher Cody $16,500
Previous Owner Wells Nathanael B $115,200
Previous Owner Lash Preston E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $144,000 -3.9% $111 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $149,900 +15.8% $115 / Sq Ft
04/19/2012 04/19/12 Sold $129,500 -4.1% $100 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $135,000 -- $104 / 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 $3,094 $174,900 $24,820 $150,080
2023 $3,194 $174,900 $24,820 $150,080
2022 $3,050 $156,280 $22,060 $134,220
2021 $3,174 $156,280 $22,060 $134,220
2020 $3,174 $155,370 $22,060 $133,310
2019 $2,936 $155,370 $22,060 $133,310
2018 $2,936 $142,180 $16,550 $125,630
2017 $2,730 $142,180 $16,550 $125,630
2016 $2,862 $132,740 $16,550 $116,190
2015 $2,862 $132,740 $16,550 $116,190
2014 $2,748 $127,030 $16,550 $110,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20161525

Iowa City Area Association of REALTORS®

APN: 1017356035