640 Magnolia Ln Unit 6 Marion, IA 52302
2
Beds
1.5
Baths
1,430
Sq Ft
$80/mo
HOA Fee
Highlights
- Deck
- Forced Air Cooling System
- Breakfast Bar
- Linn-Mar High School Rated A-
About This Home
As of March 2021A condo that sparkles - this clean as can be 2-bedroom condo features new flooring on the first floor and upstairs. A vaulted ceiling in the master bedroom. As an end unit there is extra privacy (only one attached neighbor). With this super convenient Marion location you can walk to parks, trails, and schools. The finished lower level of this well maintained home provides additional space for entertaining, exercise, or a private office space. Lawn care and snow removal are provided through the low association fee. Pets are allowed. Tax assessed value does not include lower level. Several beautiful perennial flowers are planted right outside the front door - gorgeous to look at in the summer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,936
Year Built
- 2003
HOA Fees
- $80 Monthly HOA Fees
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- 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 Garage
- Garage Door Opener
Outdoor Features
- Deck
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Water Softener Leased
Community Details
Pet Policy
- 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
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
4.11%
Original Mortgage
$12,900
Outstanding Balance
$11,738
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$142,045
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
3.85%
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
Similar Home in the area
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
Average Home Value in this Area
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
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
-
J
Seller's Agent in 2021
Jeff Wenthe
SKOGMAN REALTY
(319) 310-3673
21 in this area
43 Total Sales
-
Seller's Agent in 2015
Deanna Howard
IOWA REALTY
(319) 929-3836
37 in this area
89 Total Sales
-
A
Seller's Agent in 2013
Alison Kauffman
SKOGMAN REALTY
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1500917
APN: 11361-03005-01053
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