NOT LISTED FOR SALE

700 Magnolia Ln Unit 1 Marion, IA 52302

Estimated Value: $114,000 - $121,187

2 Beds
2 Baths
959 Sq Ft
$80/mo HOA Fee

Last Sold October 23, 2020

Last sale price $87,000 $91 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $891/month

3 Days on Market

Highlights

  • Gated Community
  • Ranch Style House
  • Breakfast Bar
  • Linn-Mar High School Rated A-
  • 1 Car Detached Garage
  • Patio

About This Home

As of October 2020

***Accepted Offer***Hard to find 2 bedroom, 2 bath main floor unit with slider to private patio overlooking the tranquil common area. All appliances included with quick possession! There are no other similar units currently on the market at this price point. So hurry, this one won't last long!!

Last Agent to Sell the Property

Linda Hamilton

SKOGMAN REALTY Listed on: 09/21/2020

SKOGMAN REALTY

Last Buyer's Agent

Jeremy Trenkamp

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,801

Year Built

  • 2000

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 959 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Patio
  • No Units Located Below

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,801

Year Built

2000

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 959
  • Association Fee Frequency: Month
  • Association Management: By Association, By Prop Mgmt.
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Marion
  • Condo Unit Level: Condo Lower Level
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 1801
  • List User Cell Phone: 319-431-5479
  • Miscellaneous: Patio
  • Net Tax: 1801
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98305
  • Ratio Close Price By Original Li: 0.98305
  • Ratio Current Price By Sq Ft: 90.72
  • Total Sq Ft: 959
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2000

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, On Street Parking
  • Garage Size: 1 Car

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 80
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 23, 2020
Sold by
Beck Paul and Beck Catherine
Bought by
Vlahos Bridget
Seller's Agent
Linda Hamilton
SKOGMAN REALTY
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$88,500
Sold Price
$87,000
Premium/Discount to List
-$1,500
-1.69%
Current Estimated Value
$116,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,797
Avg. Annual Appreciation
6.50%
Original Mortgage
$79,650
Outstanding Balance
$71,681
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$45,116
Source: Public Records

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Range of Values:

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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
Vlahos Bridget $87,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vlahos Bridget $79,650
Previous Owner Beck Paul $1
Previous Owner Lauderdale Albert J $19,000
Previous Owner Lauderdale Albert J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $87,000 -1.7% $91 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $88,500 -- $92 / 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 $1,922 $108,800 $13,500 $95,300
2022 $1,832 $86,600 $13,500 $73,100
2021 $1,832 $86,600 $13,500 $73,100
2020 $1,832 $81,300 $13,500 $67,800
2019 $1,710 $81,300 $13,500 $67,800
2018 $1,454 $75,800 $13,500 $62,300
2017 $1,602 $74,200 $13,500 $60,700
2016 $1,602 $74,200 $13,500 $60,700
2015 $1,595 $74,200 $13,500 $60,700
2014 $1,408 $74,200 $13,500 $60,700
2013 $1,340 $74,200 $13,500 $60,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Linda Hamilton

    SKOGMAN REALTY

    (319) 431-5479

    24 Total Sales

    Linda Hamilton
    Section Image
  • Jeremy Trenkamp

    Buyer's Agent in 2020

    Jeremy Trenkamp

    COLDWELL BANKER HEDGES CORRIDOR

    (319) 270-1323

    837 Total Sales

    Jeremy Trenkamp
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006671

Cedar Rapids Area Association of REALTORS®

APN: 11361-03005-01030

Iowa Linn County Marion 52302

700 Magnolia Ln Unit 1, Marion, IA

This home is located at 700 Magnolia Ln Unit 1, Marion, IA 52302 since 21 September 2020 and is currently estimated at $116,797, approximately $121 per square foot. This property was built in 2000. 700 Magnolia Ln Unit 1 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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