NOT LISTED FOR SALE

740 Magnolia Ln Unit 3 Marion, IA 52302

Estimated Value: $115,000 - $127,000

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

Last Sold March 27, 2013

Last sale price $73,500 $76 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $899/month

17 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Intercom
  • Linn-Mar High School Rated A-
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of March 2013

Great condo with lots of updates such as new flooring in kitchen and both bathrooms. New ceiling fans in both bedrooms, new vanity and sink in masterbedroom bathroom. The master bedroom is spacious to accomodate any size bed and has private bathroom. Lots of cabinets and counter space in kitchen and to top it off there is a pantry. Close to shopping and walking distance to all three schools. Pets allowed.

Last Agent to Sell the Property

Sandra Koshatka

Pinnacle Realty LLC Listed on: 01/06/2013

Pinnacle Realty LLC

Last Buyer's Agent

Matt Smith

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,489

Year Built

  • 2000

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,489

Year Built

2000

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Above Grade Finished Sq Ft: 973
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Marion
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 1489
  • House Size: CONDO
  • List User Cell Phone: 319-350-4230
  • Miscellaneous: Cable Ready, Deck, Intercom, Security System
  • Net Tax: 1342
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96838
  • Ratio Close Price By Original Li: 0.96838
  • Ratio Current Price By Sq Ft: 75.54
  • Total Sq Ft: 973
  • Tax Roll Number: 113610300501026
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2000

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • 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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 1 DET

Utilities

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

Condo/Co-op/Association

  • Association Fee: 80
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: COMMON

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2013
Closed on
Mar 23, 2013
Sold by
Meyer Haley L
Bought by
Rupp Aaron D
Seller's Agent
Sandra Koshatka
Pinnacle Realty LLC
Buyer's Agent
Matt Smith
RE/MAX CONCEPTS
List Price
$75,900
Sold Price
$73,500
Premium/Discount to List
-$2,400
-3.16%
Current Estimated Value
$120,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,159
Avg. Annual Appreciation
4.02%
Original Mortgage
$58,800
Outstanding Balance
$14,330
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$104,866

Purchase Details

Closed on
May 27, 2008
Sold by
Genkinger Jeffrey C and Genkinger Beth M
Bought by
Meyer Haley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
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
Rupp Aaron D $73,500 None Available
Meyer Haley L $72,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rupp Aaron D $58,800
Previous Owner Meyer Haley L $66,600
Previous Owner Meyer Haley L $65,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2013 03/27/13 Sold $73,500 -3.2% $76 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
01/06/2013 01/06/13 For Sale $75,900 -- $78 / 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 $1,766 $109,800 $13,500 $96,300
2022 $1,682 $88,500 $13,500 $75,000
2021 $1,658 $88,500 $13,500 $75,000
2020 $1,658 $82,200 $13,500 $68,700
2019 $1,552 $77,300 $13,500 $63,800
2018 $1,488 $77,300 $13,500 $63,800
2017 $1,618 $75,000 $13,500 $61,500
2016 $1,618 $75,000 $13,500 $61,500
2015 $1,613 $75,000 $13,500 $61,500
2014 $1,426 $75,000 $13,500 $61,500
2013 $1,358 $75,000 $13,500 $61,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sandra Koshatka

    Pinnacle Realty LLC

    (319) 350-4230

    82 Total Sales

    Sandra Koshatka
    Section Image
  • Matt Smith

    Buyer's Agent in 2013

    Matt Smith

    RE/MAX

    (319) 431-5859

    188 Total Sales

    Matt Smith
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1300112

Cedar Rapids Area Association of REALTORS®

APN: 11361-03005-01026

Iowa Linn County Marion 52302

740 Magnolia Ln Unit 3, Marion, IA

This home is located at 740 Magnolia Ln Unit 3, Marion, IA 52302 since 06 January 2013 and is currently estimated at $120,659, approximately $124 per square foot. This property was built in 2000. 740 Magnolia Ln Unit 3 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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