$148,500

640 Magnolia Ln Unit 1 Marion, IA 52302

Estimated payment $1,272/month

Total Views 120
2 Beds
1.5 Baths
1,288 Sq Ft
$115 Price per Sq Ft

Highlights

  • Deck
  • 1 Car Attached Garage
  • Gas Fireplace
  • Linn-Mar High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

This charming end unit townhome offers a wonderful living space, perfectly situated near the Linn-Mar School District campus, Uptown Marion & MOVE-IN READY! With two bedrooms and one and a half baths, it’s ideal for anyone looking for affordable comfort and convenience. Upon entering, you'll find a bright and inviting great room with a cozy corner gas fireplace and a sliding door that leads to a private deck, perfect for relaxing outdoors. The kitchen, with its practical tile flooring and breakfast bar, with stools, seamlessly connects to the great room, making it easy to entertain. Additionally, the main floor laundry features tile flooring and the washer/dryer remain. Two nice size bedrooms are located on the upper level. The primary bedroom boasts vaulted ceilings and plenty of closet space & access to a full bath. The lower finished family room, complete with a bar area also serves as a great spot for entertaining guests. Plus, pets are welcome, making this home a fantastic choice for pet lovers.

Listing Agent

Marian Flink

SKOGMAN REALTY Listed on: 06/20/2025

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,810

Year Built

  • Built in 2003

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Novak Elementary School
  • Excelsior Middle School
  • Linn Mar High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11361-03005-01048

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,810

Year Built

Built in 2003

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Association Fee Frequency: Monthly
  • Property Type: Residential
  • Property Sub-Type: Condominium
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Co List Office Phone: 319-366-6427
  • MLS Status: Active
  • Directions: 10th Street to Magnolia Lane, Marion
  • Above Grade Finished Sq Ft: 1024.0
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 2003
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: Full
  • Basement: Yes
  • Fireplace Features: Insert, Gas, Great Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 264.0
  • Fireplace: Yes
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association: Yes

Schools

  • Elementary School: Novak
  • High School: Linn Mar
  • Middle Or Junior School: Excelsior

Lot Info

  • Lot Dimensions: Common
  • ResoLotSizeUnits: Acres
  • Parcel Number: 11361-03005-01048

Tax Info

  • Tax Annual Amount: 2810.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $2,586 $149,400 $13,500 $135,900
2022 $2,464 $116,500 $13,500 $103,000
2021 $2,584 $116,500 $13,500 $103,000
2020 $2,584 $114,700 $13,500 $101,200
2019 $2,380 $105,500 $13,500 $92,000
2018 $2,288 $105,500 $13,500 $92,000
2017 $2,288 $103,000 $13,500 $89,500
2016 $2,222 $103,000 $13,500 $89,500
2015 $2,214 $103,000 $13,500 $89,500
2014 $2,214 $103,000 $13,500 $89,500
2013 $2,116 $103,000 $13,500 $89,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $148,500 -- $115 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $99,500 None Available
Warranty Deed $98,500 None Available
Warranty Deed $104,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $99,000 Purchase Money Mortgage
Previous Owner $63,000 Purchase Money Mortgage
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2504284

Cedar Rapids Area Association of REALTORS®

APN: 11361-03005-01048