NOT LISTED FOR SALE

640 Magnolia Ln Unit 6 Marion, IA 52302

Estimated Value: $145,000 - $161,000

2 Beds
1.5 Baths
1,264 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $129,000 $102 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,169/month

1 Day on Market

Highlights

  • Deck
  • Recreation Room
  • Forced Air Cooling System
  • Linn-Mar High School Rated A-
  • 1 Car Attached Garage
  • Breakfast Bar

About This Home

As of March 2021

This home is located at 640 Magnolia Ln Unit 6, Marion, IA 52302 since 08 February 2021 and is currently estimated at $154,155, approximately $121 per square foot. This property was built in 2003. 640 Magnolia Ln Unit 6 is a home located in Linn County with nearby schools including Novak Elementary School, Excelsior Middle School, and Linn-Mar High School.

Last Agent to Sell the Property

Jeff Wenthe

SKOGMAN REALTY Listed on: 02/08/2021

SKOGMAN REALTY

Last Buyer's Agent

Jeff Wenthe

SKOGMAN REALTY Listed on: 02/08/2021

SKOGMAN REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,398

Year Built

  • 2003

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Living Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,398

Year Built

2003

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Style: 2 Stories, Townhouse
  • 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: Breakfast Bar
  • Gross Tax: 2398
  • List User Cell Phone: 319-310-3673
  • Low Lvl Fin Sq Ft: 240
  • Miscellaneous: Deck
  • Net Tax: 2203
  • 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: 125.98
  • Total Sq Ft: 1264
  • Taxable Value Tv: 108300.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2003

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached, Guest Parking
  • Garage Size: 264

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association Fee: 110
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 16, 2021
Sold by
Heater Micek Real Estate Llc
Bought by
Buck Julia J
Seller's Agent
Jeff Wenthe
SKOGMAN REALTY
Buyer's Agent
Jeff Wenthe
SKOGMAN REALTY
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$154,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,155
Avg. Annual Appreciation
4.58%
Original Mortgage
$12,900
Outstanding Balance
$11,738
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$144,364

Purchase Details

Closed on
Sep 26, 2019
Sold by
Heater Micek Partnership
Bought by
Heater Micek Real Estate Llc

Purchase Details

Closed on
Jun 13, 2018
Sold by
Klocke Greggory J and Klocke Carol M
Bought by
Heater Micek Partnership

Purchase Details

Listed on
Mar 7, 2013
Closed on
May 16, 2013
Sold by
Adams Jason M and Adams Michelle M
Bought by
Engstrom Amber N
Seller's Agent
Alison Kauffman
SKOGMAN REALTY
Buyer's Agent
Alison Kauffman
SKOGMAN REALTY
List Price
$104,500
Sold Price
$97,000
Premium/Discount to List
-$7,500
-7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$9,700
Interest Rate
3.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 3, 2003
Sold by
J D & D Lc
Bought by
Adams Jason M and Adams Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,053
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Buck Julia J $129,000 None Available
Heater Micek Real Estate Llc -- None Available
Heater Micek Partnership $100,000 None Available
Engstrom Amber N $97,000 None Available
Adams Jason M $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buck Julia J $12,900
Open Buck Julia J $116,100
Previous Owner Engstrom Amber N $9,700
Previous Owner Adams Jason M $34,000
Previous Owner Adams Jason M $92,053
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $129,000 0.0% $102 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $129,000 +33.0% $102 / Sq Ft
03/27/2015 03/27/15 Sold $97,000 -2.0% $68 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $99,000 +2.1% $69 / Sq Ft
05/16/2013 05/16/13 Sold $97,000 -7.2% $68 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $104,500 -- $73 / 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
2023 $2,440 $141,000 $13,500 $127,500
2022 $2,326 $110,000 $13,500 $96,500
2021 $2,440 $110,000 $13,500 $96,500
2020 $2,440 $108,300 $13,500 $94,800
2019 $2,246 $108,300 $13,500 $94,800
2018 $2,160 $99,600 $13,500 $86,100
2017 $2,162 $97,300 $13,500 $83,800
2016 $2,100 $97,300 $13,500 $83,800
2015 $2,027 $94,300 $13,500 $80,800
2014 $1,840 $94,300 $13,500 $80,800
2013 $1,754 $94,300 $13,500 $80,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2100763

Cedar Rapids Area Association of REALTORS®

APN: 11361-03005-01053