29 days on rocket

740 Magnolia Ln Unit 5, Marion, IA, 52302

$119,999

Home List Price

$1,425*

Closing Credit

2 Bedrooms
2 Full Baths
969 SqFt
$124/SqFt
Condo

Location

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740 Magnolia Ln Unit 5, Marion$119,999

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingDetached, Garage, Guest, Garage Door Opener
Garage1 space
Year Built2000
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #2406038
Lot Size5.10 Acres
StatusActive

About 740 Magnolia Ln Unit 5

Spacious 2 Bedroom, 2 Bathroom Condo with Vaulted Ceilings & Scenic Views! Welcome to this stunning 3rd-floor condo offering 2 spacious bedrooms and 2 full bathrooms. This home boasts beautiful vaulted ceilings, adding an open and airy feel throughout the living space. With hard surfaces in every room, this condo is not only stylish but easy to maintain. Enjoy the fully equipped kitchen with all appliances included, making move-in a breeze. Step out onto the private porch and take in serene, garden-like views – perfect for relaxing after a long day. The condo also includes a 1-car detached garage, providing both convenience and security. The building features a secure entrance for added peace of mind. Don’t miss out on this well-maintained condo – it’s move-in ready and waiting for you!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2000
  • Living Area: 969 SqFt

Listing Office:

  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 366-6427
  • Listing Agent: Matt Ford

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood, Water Softener, Washer
  • Basement: No
  • Interior: Kitchen/Dining Combo, Bath in Primary Bedroom, Upper Level Primary, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Detached, Garage, Guest, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 740 Magnolia Ln Unit 5
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Lot Features

Lot Information:

  • Lot Size: 5.10 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,999
  • Price Per SqFt: $124/SqFt

HOA Fees:

  • Amount: $200
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,672
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Marion, IA.

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Marion, IA

City

Med. Sold Price

$271.1K

Med. Price/SqFt

$138

Avg. Days On Market

31

# of Sold Homes

35

740 Magnolia Ln Unit 5 vs Marion

29 DAYS ON ROCKET

-2 Days

$119,999

-$151.1K Less

$124/SqFt

-$15 Less

KEY TAKEAWAY

This property is $151.1K less than the Median Sold Price and $15/SqFt less than other homes in Marion, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CDR
  • MLS Number: #2406038

Listing Office:

  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 366-6427
  • Listing Agent: Matt Ford

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' 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 Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/5/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 19, 2008Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,672$82,800
2018$1,498$77,800

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-308592
5
/10

  • Novak Elementary School

  • 401 29th Ave

  • 0.33 miles

  • Public District Grades PK-5

school-card-donut-308593
8
/10

  • Indian Creek Elementary School

  • 2900 Indian Creek Rd

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-308594
5
/10

  • Wilkins Elementary School

  • 2127 27th St

  • 0.96 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,414. Residents of Marion, IA typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Marion, IA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Marion, IA?

Marion's housing market showcases a blend of residential styles, with single-family homes being a significant presence. The architectural styles range from classic mid-century designs to more contemporary constructions, reflecting the city's growth over the years. While the majority of the housing stock consists of owner-occupied residences, there is also a selection of apartments and townhouses that cater to those preferring a more communal living environment or a lower maintenance lifestyle.

What are the advantages of living in Marion, IA?

Marion is celebrated for its welcoming community spirit and family-friendly atmosphere. The city prides itself on a rich calendar of local events, including seasonal festivals and farmers' markets that highlight the area's agricultural roots and tight-knit community. The presence of parks and recreational areas contributes to the city's character, offering residents a blend of urban amenities and natural beauty.

Are essential services in Marion, IA convenient?

The community benefits from a solid educational system, with a number of public and private schools serving the area, alongside specialized institutions that cater to a range of educational needs. Healthcare services in Marion include primary care facilities and urgent care centers, ensuring residents have access to essential medical services. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options in Marion reflect the local culture, with a mix of independent shops and eateries alongside more familiar chains.

How do Marion, IA residents get around?

Marion's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and towns, facilitating commuting and travel. Public transit options are available, providing residents with alternatives to private vehicle use. The city also supports walkability and bikeability in several areas, with ongoing initiatives to improve these aspects of transportation. While specific ride-sharing services are operational in the area, residents also have access to traditional taxi services.

Frequently Asked Questions About 740 Magnolia Ln Unit 5

What is the listing price of this property?

The listing price of 740 Magnolia Ln Unit 5 property is $119,999.

What type of property is this?

The property 740 Magnolia Ln Unit 5 is a condo located in Marion, Iowa, 52302.

Is this property for sale now?

Active Listing: 740 Magnolia Ln Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,672 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 19, 2008 for $75,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 740 Magnolia Ln Unit 5 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 740 Magnolia Ln Unit 5 is 969 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 740 Magnolia Ln Unit 5 is 2000.

Rocket Homes›Iowa›Linn County›Marion›52302›740 Magnolia Ln Unit 5

This home is located at 740 Magnolia Ln Unit 5 in Marion, IA and zip code 52302. This 969 square foot home, which was built in 2000, sits on a 5.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $119,999.

Marion, IA housing market in September 2024 saw over 5 listings sold above listed price, more than 10 sold at listed price and over 20 sold below. The inventory of homes for sale in Marion, IA between August 2024 and September 2024 decreased by 10.3%. In September 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $271,133.

From Rocket Homes Real Estate and based on county public records data.

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