NOT LISTED FOR SALE

900 Magnolia Ln Unit 5 Marion, IA 52302

Estimated Value: $115,000 - $128,000

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

Last Sold November 02, 2012

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

Est. 69% increase in value since last sale

Current estimated payment $914/month

14 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 1 Car Detached Garage
  • Linn-Mar High School Rated A-
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of November 2012

Spacious 2 bedrooms, 2 bath condo with secure front entrance and terrific balcony views of nature surrounding Indian Creek. Company sized vaulted great room that opens to the formalized dining and kitchen for a wonderful flow for ease in entertaining. Breakfast bar, pantry/coat closet and all kitchen appliances remain (new microwave, dishwasher and disposal 2012). Spacious master bedroom with walk-in closet and private bath. Step saving main floor laundry with washer, dryer and newer water heater (2011). Deck, new shingles (2012), 1 car garage and plenty of green space. Why rent when you can own for less! Close to school, parks & shopping. 2 small pets allowed under 20lbs.

Last Agent to Sell the Property

Marian Flink

SKOGMAN REALTY Listed on: 09/04/2012

SKOGMAN REALTY

Last Buyer's Agent

Kris Watkins

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,489

Year Built

  • 1999

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 973 Sq Ft Home
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Cul-De-Sac

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,489

Year Built

1999

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 973
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Bedrooms Level 3: 2
  • Total Bedrooms: 2
  • City Name: Marion
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 1489
  • List User Cell Phone: 319-350-3992
  • Miscellaneous: Cable Ready, Deck, Intercom, Security System, Vaulted Ceiling
  • Net Tax: 1342
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98065
  • Ratio Close Price By Original Li: 0.98065
  • Ratio Current Price By Sq Ft: 75.54
  • Total Sq Ft: 973
  • Tax Roll Number: 113610300501004
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Full Bathrooms: 2
  • Level 3 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 264

Utilities

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

Condo/Co-op/Association

  • Association Fee: 80
  • Association: Yes

Schools

  • Elementary School: Novak
  • Middle School: Excelsior
  • 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
Sep 4, 2012
Closed on
Oct 29, 2012
Sold by
Beachler Teresa A
Bought by
Mikkola Danielle R
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Kris Watkins
Realty87
List Price
$74,950
Sold Price
$73,500
Premium/Discount to List
-$1,450
-1.93%
Current Estimated Value
$124,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,787
Avg. Annual Appreciation
4.15%
Original Mortgage
$66,150
Outstanding Balance
$45,970
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$78,317

Purchase Details

Closed on
May 4, 2005
Sold by
Krumrei Curtis E and Krumrei Lisa R
Bought by
Beachler Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Mikkola Danielle R $73,500 None Available
Beachler Teresa A $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikkola Danielle R $66,150
Previous Owner Beachler Teresa A $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2012 11/02/12 Sold $73,500 -1.9% $76 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $74,950 -- $77 / 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 $2,060 $118,000 $13,500 $104,500
2024 $1,958 $109,500 $13,500 $96,000
2023 $1,958 $109,500 $13,500 $96,000
2022 $1,866 $88,200 $13,500 $74,700
2021 $1,866 $88,200 $13,500 $74,700
2020 $1,866 $82,800 $13,500 $69,300
2019 $1,740 $77,100 $13,500 $63,600
2018 $1,672 $77,100 $13,500 $63,600
2017 $1,662 $74,800 $13,500 $61,300
2016 $1,614 $74,800 $13,500 $61,300
2015 $1,609 $74,800 $13,500 $61,300
2014 $1,422 $74,800 $13,500 $61,300
2013 $1,354 $74,800 $13,500 $61,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1206479

Cedar Rapids Area Association of REALTORS®

APN: 11361-03005-01004