NOT LISTED FOR SALE

2885 Crimson Ln Unit B Coralville, IA 52241

Estimated Value: $384,405 - $405,000

3 Beds
2.5 Baths
2,204 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $372,500 $169 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,834/month

182 Days on Market

Highlights

  • New Construction
  • Main Floor Primary Bedroom
  • Screened Porch
  • Recreation Room
  • Great Room with Fireplace
  • Tray Ceiling

About This Home

As of August 2023

Upscale New Construction Ranch Condos. The main level has a spacious kitchen with a large center island overlooking the dining which opens to a screened porch and deck. The great room has 10' ceilings and a gas fireplace. The primary has a boxed ceiling with rope lighting, large walk-in closet and full bath with a tiled shower. The lower level has two additional bedrooms, a huge open recreation / family room and a large storage room. Great views and a great home! *All but first photo are of similar property*

Last Agent to Sell the Property

Mike Bails

Urban Acres Real Estate Corridor Listed on: 01/06/2023

Urban Acres Real Estate Corridor

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,912

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2.93

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Screened Porch
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Appliances

Schools

  • Clear Creek Elementary And Middle School
  • Clear Creek High School

Utilities

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

Community Details

  • Association fees include bldg&liability insurance, mgmt fee
  • Built by Grand Rail Development
  • Coral Crossing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0625367002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,912

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2204
  • Homebuilder: Grand Rail Development
  • Owner Name L F Mi: Grand Rail Development
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Construction Complete
  • T Val: 372500
  • Year Built: 2020
  • Subdivision: Coral Crossing
  • Directions: Oakdale Blvd go past Coral Ct to new Roundabout intersection at Jones Blvd, Go South and follow the road to southbound Spring Rose Dr. Turn right on Spring Rose Cir, Turn North onto Crimson Ln
  • L O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Street Lights
  • Basement Remarks: Finished
  • Fireplace Type Location: In Great/Family Room, Factory Built, Gas
  • Interior R: Ceilings-Trey
  • Kitchen Breakfast R: Breakfast Bar, Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Upscale New Construction Ranch Condos. The main level has a spacious kitchen with a large center island overlooking the dining which opens to a screened porch and deck. The great room has 10' ceilings and a gas fireplace. The primary has a boxed ceiling with rope lighting, large walk-in closet and full bath with a tiled shower. The lower level has two additional bedrooms, a huge open recreation / family room and a large storage room. Great views and a great home! *All but first photo are of similar property*
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Energy Efficient, Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 1
  • Sq Ft Above: 1213
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 991
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • New Construction: Yes
  • ExteriorFeatures: Screen Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1740
  • Fees Include: Bldg&Liability Insurance, Mgmt Fee

Schools

  • Elementary School: Clear Creek
  • Middle School: Clear Creek
  • High School: Clear Creek
  • High School: Clear Creek
  • Jr Middle School: Clear Creek
  • Elementary School: Clear Creek

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: res

Tax Info

  • Assessor Parcel Number: 0625367002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Aug 3, 2023
Sold by
Walter Joseph Kotar Revocable Trust and Joseph Walter Kotar Revocable Trust
Bought by
Renewed Properties Llc
Seller's Agent
Mike Bails
Urban Acres Real Estate Corridor
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$372,500
Sold Price
$372,500
Views
173
Current Estimated Value
$385,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,493
Avg. Annual Appreciation
3.38%
Original Mortgage
$207,500
Outstanding Balance
$203,644
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$194,457

Purchase Details

Listed on
Jan 6, 2023
Closed on
Aug 1, 2023
Sold by
City Of Iowa City
Bought by
Board Of Regents State Of Iowa
Seller's Agent
Mike Bails
Urban Acres Real Estate Corridor
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$372,500
Sold Price
$372,500
Views
173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Outstanding Balance
$203,644
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$194,457
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
Renewed Properties Llc $310,000 None Listed On Document
Board Of Regents State Of Iowa -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Board Of Regents State Of Iowa $207,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $372,500 0.0% $169 / Sq Ft
01/06/2023 01/06/23 For Sale $372,500 -- $169 / 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 $6,912 $375,900 $60,000 $315,900
2023 $8 $375,900 $60,000 $315,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202300159

Iowa City Area Association of REALTORS®

APN: 0625367002