NOT LISTED FOR SALE

640 Magnolia Ln Unit 2 Marion, IA 52302

Estimated Value: $147,000 - $164,000

2 Beds
1.5 Baths
1,489 Sq Ft
$130/mo HOA Fee

Last Sold June 16, 2022

Last sale price $125,000 $84 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,205/month

1 Day on Market

Highlights

  • Deck
  • Recreation Room
  • 1 Car Attached Garage
  • Linn-Mar High School Rated A-
  • Vaulted Ceiling
  • Eat-In Kitchen

About This Home

As of June 2022

Great townhome in a wonderful location, close to schools, shopping, trails and parks! Hardwood floors are a focal point on main floor. Functional kitchen, including breakfast bar, opens up into a comfortable living room which includes a beautiful fireplace. Half bath on main floor, and full bath on second floor with private door to the primary bedroom is a true convenience. Finished basement is a bonus and laundry is found just around the corner. Safe, attached, one stall garage is a plus. All appliances throughout stay. Pets are OK. Rentals are OK. This one won't last long!!

Last Agent to Sell the Property

Liz Efting

SKOGMAN REALTY Listed on: 05/12/2022

SKOGMAN REALTY

Last Buyer's Agent

Penny Novak

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,616

Year Built

  • 2003

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Additional Features

  • Deck
  • Gas Water Heater

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,616

Year Built

2003

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1024
  • Association Fee Frequency: Month
  • Association Management: By Association, By Prop Mgmt.
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Marion
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2616
  • List User Cell Phone: 319-350-4904
  • Low Lvl Fin Sq Ft: 465
  • Miscellaneous: Deck, Vaulted Ceiling
  • Net Tax: 2616
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 122.07
  • Total Sq Ft: 1489
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Condo/Co-op/Association

  • Association Fee: 130

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Hanson Property Management Llc
Bought by
Lint Carrie K
Current Estimated Value
$157,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,225
Outstanding Balance
$121,338
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$35,997

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 14, 2022
Sold by
Diers Mary K
Bought by
Hanson Property Management Llc
Seller's Agent
Liz Efting
SKOGMAN REALTY
Buyer's Agent
Penny Novak
SKOGMAN REALTY
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$151,018
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2003
Sold by
J D & D Lc
Bought by
Diers Mary K
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lint Carrie K $148,500 --
Hanson Property Management Llc $125,000 None Listed On Document
Diers Mary K $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lint Carrie K $126,225
Previous Owner Hanson Property Management Llc $151,018
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2022 06/16/22 Sold $125,000 0.0% $84 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $125,000 -- $84 / Sq Ft
Source: Cedar Rapids 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 $2,850 $162,800 $13,500 $149,300
2024 $2,616 $151,600 $13,500 $138,100
2023 $2,616 $151,600 $13,500 $138,100
2022 $2,494 $117,900 $13,500 $104,400
2021 $2,616 $117,900 $13,500 $104,400
2020 $2,616 $116,100 $13,500 $102,600
2019 $2,426 $107,500 $13,500 $94,000
2018 $2,332 $107,500 $13,500 $94,000
2017 $2,266 $105,000 $13,500 $91,500
2016 $2,266 $105,000 $13,500 $91,500
2015 $2,258 $105,000 $13,500 $91,500
2014 $2,258 $105,000 $13,500 $91,500
2013 $2,156 $105,000 $13,500 $91,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Liz Efting

    SKOGMAN REALTY

    (319) 350-4904

    34 in this area

    179 Total Sales

    Liz Efting
    Section Image

  • P

    Buyer's Agent in 2022

    Penny Novak

    SKOGMAN REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204092

Cedar Rapids Area Association of REALTORS®

APN: 11361-03005-01049

Iowa Linn County Marion 52302

640 Magnolia Ln Unit 2, Marion, IA

This home is located at 640 Magnolia Ln Unit 2, Marion, IA 52302 since 12 May 2022 and is currently estimated at $157,335, approximately $105 per square foot. This property was built in 2003. 640 Magnolia Ln Unit 2 is a home located in Linn County with nearby schools including Novak Elementary School, Excelsior Middle School, and Linn-Mar High School.

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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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