$76,000
SOLD AUG 1, 2024

730 S Market St Unit 24 Solon, IA 52333

1 Bed
1 Bath
625 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$122 Per Sq Ft

5% Below List Price

38 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Central Air
  • Solon Middle School Rated A-
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

As of August 2024

Welcome to a quaint condo in the heart of Solon. An opportunity to join Solon Retirement Village of 55+ living with activities and independent living. This unit has 1 bedroom 1 bathroom and a view of green space from the deck! Galley kitchen is open to the living room. Additional storage room for all the extra items. Garage parking currently has wait list, so it is outside parking spot for now.

Last Agent to Sell the Property

Maria McCaw

Urban Acres Real Estate Corridor Listed on: 06/07/2024

Urban Acres Real Estate Corridor

Last Buyer's Agent

Cindy Grabow

Edge Realty Group

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $766

Year Built

  • Built in 1986

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 625 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling Fan
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Solon Elementary And Middle School
  • Solon High School

Utilities

  • Central Air
  • Internet Available
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Deck

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, heating/cooling, sewer, water
  • Terrace Lane Retirement V Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0225127010

Home Details

Home Type

Single Family

Est. Annual Taxes

$766

Year Built

Built in 1986

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 625
  • Homebuilder: unknown
  • Owner Name L F Mi: Robert Kabela Estate
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Remarks: Accepted offer - subject to sale with 72 hours timeline. Response time must be minimum 48 hours and include at least one business day for executor to sign. 55+ Community. Current monthly condo fee of $468 for one person and an additional $29 for a second person. This fee does cover the water, sewer, and gas fees for the condo. The occupant pays all other utilities. This fee also includes light housekeeping bi-monthly as well. An indoor heated garage space is $70 per month and I currently have a waiting list for them. Staff does lawn mowing, snow removal, furnace filter replacements, & trash removal from the larger bins within the garage area. Meals offered in the independent condos, but a meal plan can be purchased if they wish to join our nursing or assisted living residents. We can also get a to-go container if they prefer to pick it up and take it back to their condo. The meal plans are: Tier 1 - one meal per week $17/month Tier 2 - five meals per week $85/month Tier 3 - 7 meals per week $119/month Tier 4 - 14 meals per week $238/month. Condo residents are welcome to join the rest of our community for different activities, church services, & live music performances.
  • Year Built: 1986
  • Zero Step Entry: Yes
  • Tax Year Report: 2022
  • Subdivision: TERRACE LANE RETIREMENT V
  • Directions: Hwy 1 North to Market St. Enter South Door
  • Aging In Place Form: Yes
  • L O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights
  • Basement Remarks: 2660
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Welcome to a quaint condo in the heart of Solon. An opportunity to join Solon Retirement Village of 55+ living with activities and independent living. This unit has 1 bedroom 1 bathroom and a view of green space from the deck! Galley kitchen is open to the living room. Additional storage room for all the extra items. Garage parking currently has wait list, so it is outside parking spot for now.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Main: 1
  • Sq Ft Above: 625
  • Total Full Baths: 1
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: 1st Floor
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Central

Condo/Co-op/Association

  • Association Fee: 5616
  • Condo Level: 2
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Heating/Cooling, Sewer, Water

Schools

  • Elementary School: Solon
  • Middle School: Solon
  • High School: Solon
  • High School: Solon
  • Jr Middle School: Solon
  • Elementary School: Solon

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: residential

Tax Info

  • Gross Tax County City: 928
  • Assessor Parcel Number: 0225127010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Aug 1, 2024
Sold by
Solon Nursing Care Center Inc
Bought by
Karen Marie Sharp Revocable Trust and Sharp
Seller's Agent
Maria McCaw
Urban Acres Real Estate Corridor
Buyer's Agent
Cindy Grabow
Edge Realty Group
List Price
$80,000
Sold Price
$76,000
Premium/Discount to List
-$4,000
-5%
Total Days on Market
38
Views
65
Current Estimated Value
$78,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,103
Avg. Annual Appreciation
3.26%

Purchase Details

Listed on
Sep 27, 2018
Closed on
Oct 25, 2018
Sold by
Solon Nursing Care Center Inc
Bought by
Kabela Robert James
Seller's Agent
Mary Hadenfeldt
SKOGMAN REALTY
Buyer's Agent
Gwen Johnson
SKOGMAN REALTY
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Sep 26, 2008
Sold by
Solon Nursing Care Center Inc
Bought by
Huey Gaylen C and Huey Orlane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,297
Interest Rate
6.57%
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
Special Warranty Deed $11,500 None Listed On Document
Fiduciary Deed $65,000 None Listed On Document
Special Warranty Deed $58,000 None Available
Special Warranty Deed $51,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $59,297 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $76,000 -5.0% $122 / Sq Ft
06/07/2024 06/07/24 For Sale $80,000 +23.3% $128 / Sq Ft
10/26/2018 10/26/18 Sold $64,900 0.0% $104 / Sq Ft
09/27/2018 09/27/18 For Sale $64,900 -- $104 / Sq Ft
Source: Iowa City 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
2024 $766 $64,000 $8,000 $56,000
2023 $928 $64,000 $8,000 $56,000
2022 $916 $57,300 $8,000 $49,300
2021 $962 $57,300 $8,000 $49,300
2020 $962 $57,300 $8,000 $49,300
2019 $906 $57,300 $8,000 $49,300
2018 $884 $53,800 $8,000 $45,800
2017 $934 $53,800 $8,000 $45,800
2016 $1,034 $54,800 $8,000 $46,800
2015 $1,034 $61,600 $16,500 $45,100
2014 $1,066 $62,700 $16,500 $46,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202403361

Iowa City Area Association of REALTORS®

APN: 0225127010