NOT LISTED FOR SALE

The Chauncey 404 E College St Unit 1307 and 1308 Iowa City, IA 52240

Downtown Iowa City Neighborhood

Estimated Value: $674,000 - $1,964,000

2 Beds
3 Baths
3,400 Sq Ft
$440/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $2,075,000 $610 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $11,819/month

324 Days on Market

Highlights

  • Fitness Center
  • Main Floor Primary Bedroom
  • Den
  • City High School Rated A-
  • Whirlpool Bathtub
  • 2-minute walk to Iowa City Recreation Center

About This Home

As of April 2024

With undeniable allure, this remarkable condo is a testament to modern elegance. Located on the 13th floor of the coveted Chauncey, this residence offers stunning panoramic views of vibrant downtown Iowa City and captivating sunsets. Meticulous craftsmanship and tailor-made are repeating themes throughout this 3,400-square-foot residence. The thoughtfully designed main living area caters to formal entertaining while presenting serene gathering areas thanks to coved ceilings, a handsomely tiled fireplace feature, a custom built-in credenza with dining area storage on one side, and entertainment space on the other. A gourmet kitchen with luxury appliances and Italian cabinetry is a work of art. Concealed behind beautiful cabinetry are Wolf wall ovens, an appliance bar with a pull-out counter, and a Sub-Zero refrigerator with drawer freezers, and storage beyond your wildest fantasy. The large island has a gas Wolf cooktop, retractable vent, microwave, and breakfast bar seating with additional storage. Fisher Paykel dishwasher drawers are also tucked away next to the large stainless steel sink. Two balconies are accessed from the main living area and tremendously expand the living areas to the outdoors. A wet bar is also located in the main living area and boasts abundant storage. The primary suite is a tranquil getaway with elaborate and numerous built-in closets, views of downtown, and balcony access. The ensuite primary bath is iconic thanks to a jetted stainless steel Japanese soaking tub flanked by an expansive rain shower and generous vanity area. The private guest bedroom, also with balcony access, has beautiful custom woodwork and an ensuite bath complete with a gorgeous soaking tub. A library with transom windows and stylish built-ins is a natural den and is directly across the hall from a full bath. An office with built-in workspace bustles with efficient storage, including a custom gift-wrapping closet. The laundry room also serves as a catering kitchen and has a professional-grade Miele dishwasher, Wolf wine fridge, Samsung refrigerator, and a built-in ironing board concealed in the cabinetry. Power window coverings throughout. Sonos surround system throughout. This condominium comes with one parking space in the underground garage. Secured elevators to residence levels. Enjoy unparalleled building amenities including FilmScene Cinema, hotel Chauncey, SpareME bowling alley/arcade/and bistro, fix! coffee shop, a 5th-floor terrace area, and a convenient workout space. The Chauncey also abuts the Chauncey Swan City Park, and connects to the Chauncey Swan Parking Ramp to extra guests.

Last Listed By

Tim Conroy

Blank & McCune Real Estate Listed on: 05/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,056

Year Built

  • Built in 2017

Lot Details

  • 0.62

HOA Fees

  • $1,125 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Metal Construction or Metal Frame

Interior Spaces

  • 3,400 Sq Ft Home
  • Elevator
  • Wet Bar
  • Tray Ceiling
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Dining Room
  • Open Floorplan
  • Den
  • Library

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Internet Available
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Balcony
  • Property is zoned CB-10
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 1010471101

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, mgmt fee, sewer, street maintenance, water
  • Built by McComas Lacina Const.
  • The Chauncey Condominiums Subdivision
  • 13-Story Property

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,056

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,125 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3400
  • Homebuilder: McComas Lacina Const.
  • Owner Name L F Mi: Monica B. Moen
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Listing price includes 1 parking space in the underground garage. Parking assignment TBD. Bedroom count, finished square footage, and year of build are based on the Iowa City Assessor's entry. Buyers are responsible for confirming all measurements and finished square footage if concerned. Listed schools are based on the current ICCSD attendance areas. Buyers are responsible for confirming school attendance with ICCSD.
  • Year Built: 2017
  • Zero Step Entry: Yes
  • Tax Year Report: 2021
  • Subdivision: The Chauncey Condominiums
  • Directions: The Chauncey is located on the corner of E. College Street and Gilbert Street.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Park, Physical Fitness, Sidewalks, Close to Shopping, Other
  • Basement Remarks: 2660
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available, Ceilings-Trey, Wet Bar, Whirlpool, Other
  • Kitchen Breakfast R: Breakfast Bar, Island, Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: With undeniable allure, this remarkable condo is a testament to modern elegance. Located on the 13th floor of the coveted Chauncey, this residence offers stunning panoramic views of vibrant downtown Iowa City and captivating sunsets. Meticulous craftsmanship and tailor-made are repeating themes throughout this 3,400-square-foot residence. The thoughtfully designed main living area caters to formal entertaining while presenting serene gathering areas thanks to coved ceilings, a handsomely tiled fireplace feature, a custom built-in credenza with dining area storage on one side, and entertainment space on the other. A gourmet kitchen with luxury appliances and Italian cabinetry is a work of art. Concealed behind beautiful cabinetry are Wolf wall ovens, an appliance bar with a pull-out counter, and a Sub-Zero refrigerator with drawer freezers, and storage beyond your wildest fantasy. The large island has a gas Wolf cooktop, retractable vent, microwave, and breakfast bar seating with additional storage. Fisher Paykel dishwasher drawers are also tucked away next to the large stainless steel sink. Two balconies are accessed from the main living area and tremendously expand the living areas to the outdoors. A wet bar is also located in the main living area and boasts abundant storage. The primary suite is a tranquil getaway with elaborate and numerous built-in closets, views of downtown, and balcony access. The ensuite primary bath is iconic thanks to a jetted stainless steel Japanese soaking tub flanked by an expansive rain shower and generous vanity area. The private guest bedroom, also with balcony access, has beautiful custom woodwork and an ensuite bath complete with a gorgeous soaking tub. A library with transom windows and stylish built-ins is a natural den and is directly across the hall from a full bath. An office with built-in workspace bustles with efficient storage, including a custom gift-wrapping closet. The laundry room also serves as a catering kitchen and has a professional-grade Miele dishwasher, Wolf wine fridge, Samsung refrigerator, and a built-in ironing board concealed in the cabinetry. Power window coverings throughout. Sonos surround system throughout. This condominium comes with one parking space in the underground garage. Secured elevators to residence levels. Enjoy unparalleled building amenities including FilmScene Cinema, hotel Chauncey, SpareME bowling alley/arcade/and bistro, fix! coffee shop, a 5th-floor terrace area, and a convenient workout space. The Chauncey also abuts the Chauncey Swan City Park, and connects to the Chauncey Swan Parking Ramp to extra guests.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Double Oven, Icemaker Line, Microwave, Wall Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Main: 2
  • Sq Ft Above: 3400
  • Total Full Baths: 3
  • Bedrooms: 2
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 22
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 3

Exterior Features

  • Construction: Metal Frame
  • ExteriorFeatures: Balcony

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Central, Forced Air, Heat Pump, Zoned/Dual

Condo/Co-op/Association

  • Association Fee: 13500
  • Condo Level: 13
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Mgmt Fee, Sewer, Street Maintenance, Water

Schools

  • Elementary School: Longfellow
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Longfellow

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 13th Floor
  • Zoning: CB-10

Tax Info

  • Gross Tax County City: 28762
  • Assessor Parcel Number: 1010471101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Apr 10, 2024
Sold by
Moen Monica B
Bought by
Magnotta Vincent and Grosland Nicole
Seller's Agent
Tim Conroy
Blank & McCune Real Estate
Buyer's Agent
Lynn Weinstein
Blank & McCune Real Estate
List Price
$2,300,000
Sold Price
$2,075,000
Premium/Discount to List
-$225,000
-9.78%
Total Days on Market
324
Views
680
Current Estimated Value
$1,497,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$577,912
Avg. Annual Appreciation
-26.94%
Original Mortgage
$800,000
Outstanding Balance
$792,625
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$704,463

Range of Values:

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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
Magnotta Vincent $2,075,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnotta Vincent $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $2,075,000 -9.8% $610 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
05/08/2023 05/08/23 For Sale $2,300,000 -- $676 / 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 $28,056 $1,539,840 $51,670 $1,488,170
2023 $29,910 $1,508,930 $51,670 $1,457,260
2022 $28,576 $1,388,810 $51,670 $1,337,140
2021 $30,182 $1,388,810 $51,670 $1,337,140
2020 $30,182 $1,395,920 $51,670 $1,344,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202302491

Iowa City Area Association of REALTORS®

APN: 1010471101