$97,000
SOLD MAY 16, 2013

640 Magnolia Ln Unit 6 Marion, IA 52302

2 Beds
1.5 Baths
1,430 Sq Ft
$80/mo HOA Fee

Recently Sold

$68 Per Sq Ft

7% Below List Price

40 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Central Air
  • Linn-Mar High School Rated A-
  • 1 Car Attached Garage
  • Hot Water Heating System

About This Home

As of March 2021

Convenient Marion location. Close to parks, schools, and trails. Lower level has been finished for additional den/office space, as well as an additional family room. Offering a $1,000 flooring allowance. PETS ALLOWED AND LOW ASSOCIATION FEE'S. MOTIVATED SELLER!!!.

Last Agent to Sell the Property

Alison Kauffman

SKOGMAN REALTY Listed on: 03/07/2013

Last Buyer's Agent

Alison Kauffman

SKOGMAN REALTY Listed on: 03/07/2013

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,777

Year Built

  • 2003

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Built by HIGH DEVELOP

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,777

Year Built

2003

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Style: Townhouse
  • Above Grade Finished Sq Ft: 1030
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Marion
  • Gross Tax: 1777
  • List User Cell Phone: 319-213-5176
  • Low Lvl Fin Sq Ft: 400
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1778
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97000
  • Ratio Close Price By Original Li: 0.92823
  • Ratio Current Price By Sq Ft: 94.17
  • Total Sq Ft: 1430
  • Taxable Value Tv: 94300.00
  • Tax Roll Number: 113610300501053
  • 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: Rec Room
  • Basement: Full
  • 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: 7

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 1 CAR

Utilities

  • Heating Cooling: Central Air, Gas Heat, Hot Water Heat

Condo/Co-op/Association

  • Association Fee: 80
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: COMMON

Building Info

  • Builder Name: HIGH DEVELOP

Rental Info

  • Pets: 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
$153,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,724
Avg. Annual Appreciation
4.10%
Original Mortgage
$12,900
Outstanding Balance
$11,738
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$141,986

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
3.84%
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:

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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 Type Sale Price Title Company
Warranty Deed $129,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $100,000 None Available
Warranty Deed $97,000 None Available
Warranty Deed $94,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,900 Stand Alone Second
Open $116,100 New Conventional
Previous Owner $9,700 Credit Line Revolving
Previous Owner $34,000 Stand Alone Second
Previous Owner $92,053 Purchase Money Mortgage
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1301588

Cedar Rapids Area Association of REALTORS®

APN: 11361-03005-01053