NOT LISTED FOR SALE

85 Olive Ct Iowa City, IA 52246

Estimated Value: $540,031 - $732,000

3 Beds
3 Baths
2,665 Sq Ft
$250/mo HOA Fee

Last Sold November 20, 2018

Last sale price $598,070 $224 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,430/month

410 Days on Market

Highlights

  • New Construction
  • Deck
  • Ranch Style House
  • West High School Rated A+
  • Recreation Room
  • Great Room

About This Home

As of November 2018

Yet to be built, this stand alone ranch condo will have 2 bedrooms on the main and 1 in the lower level. Comfortable living with a 2 car attached garage, 1st floor laundry and zero entry as an option. Walking distance to Kinnick Stadium, UIHC, and local University Heights restaurants. Great customizable allowance package with your choice of hardwood flooring, granite or quartz counters and high end stainless appliances. Only 3 of these stand alone units left. Live easy knowing lawn care and snow removal are taken care of through your HOA dues. Lawn, snow and property insurance is also included in your HOA dues. Pictures are of similar model.

Last Agent to Sell the Property

Timothy Lehman

Edge Realty Group, Inc Listed on: 02/20/2017

Edge Realty Group, Inc

Co-Listed By

Stacy Schroeder

Edge Realty Group, Inc

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $906

Year Built

  • 2017

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Den
  • Recreation Room
  • Partial Basement
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Deck
  • Irrigation

Property Details

Home Type

Condominium

Est. Annual Taxes

$906

Year Built

2017

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1846
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Iowa City
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar
  • Gross Tax: 906
  • List User Cell Phone: 319-331-7900
  • Low Lvl Fin Sq Ft: 819
  • Miscellaneous: Deck, Handicapped Features, Irrigation System
  • Net Tax: 906
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.13918
  • Ratio Close Price By Original Li: 1.13918
  • Ratio Current Price By Sq Ft: 323.98
  • Total Sq Ft: 2665
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room, Rec Room
  • Basement: Partial, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Family Room, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Composite

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 21X21

Utilities

  • Heating Cooling: Central Air, Geothermal

Condo/Co-op/Association

  • Association Fee: 3000
  • Association: Yes

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2017
Closed on
Nov 20, 2018
Sold by
Hendrickson Enterprises Inc
Bought by
Johnson Georgana and The Georgana Johnson Revocable Trust
Seller's Agent
Timothy Lehman
Edge Realty Group, Inc
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$525,000
Sold Price
$598,070
Premium/Discount to List
$73,070
13.92%
Current Estimated Value
$622,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,274
Avg. Annual Appreciation
0.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Johnson Georgana $598,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $598,070 +13.9% $224 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
02/20/2017 02/20/17 For Sale $525,000 -- $197 / 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
2025 $10,868 $694,590 $94,010 $600,580
2024 $10,694 $570,560 $81,190 $489,370
2023 $11,866 $568,440 $81,190 $487,250
2022 $11,338 $547,500 $76,920 $470,580
2021 $11,446 $547,500 $76,920 $470,580
2020 $11,446 $529,380 $72,640 $456,740
2019 $1,052 $546,890 $72,640 $474,250
2018 $1,052 $47,860 $47,860 $0
2017 $1,040 $47,860 $47,860 $0
2016 $902 $41,880 $41,880 $0
2015 $902 $41,880 $41,880 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Lehman

    Seller's Agent in 2018

    Timothy Lehman

    Edge Realty Group, Inc

    (319) 331-7900

    292 Total Sales

    Timothy Lehman
    Section Image
  • Stacy Schroeder

    Seller Co-Listing Agent in 2018

    Stacy Schroeder

    Edge Realty Group, Inc

    (319) 321-7909

    319 Total Sales

    Stacy Schroeder
    Section Image

  • D

    Buyer's Agent in 2018

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    5,059 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1701272

Cedar Rapids Area Association of REALTORS®

APN: 1016214001

Iowa Johnson County Iowa City 52246

85 Olive Ct, Iowa City, IA

Not Listed for Sale

Condos

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