25 days on rocket

Sale Pending

325 Palomino Ct, Iowa City, IA, 52240

$138,000

Home List Price

$1,639*

Closing Credit

3 Bedrooms
2 Full Baths
1,421 SqFt
$97/SqFt
House
Schools Nearby

Location

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325 Palomino Ct, Iowa City$138,000

Buyer Closing Credits

$1,639*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built2002
HeatingForced Air
CoolingCentral Air
MLS #2402965
StatusSale Pending
(Pending)

About 325 Palomino Ct

Come home to carefree easy living! This manufactured home is on leased land so there are NO PROPERTY TAXES to pay. Use of Clubhouse and Exercise Room included in your HOA fees! New flooring, newer appliances (French door refrigerator not pictured), fresh paint, and new roof in 2017. Split bedroom design with large primary suite and inviting bathroom with soaking tub & separate shower, is on one side of the living area. Two other bedrooms and main bath are on the opposite side. Do you like to cook? Well check out the newer stainless steel appliances, including a sought after gas range! Special financing rules apply for manufactured homes on leased land - purchaser must have 20% cash down for mortgage qualifications. Great Income investment property! Check with LA for financing options and lender information.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2002
  • Living Area: 1,421 SqFt

Listing Office:

  • Office Name: Keller Williams Legacy Group
  • Office Phone: (319) 423-4139
  • Listing Agent: Susie Cooper

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Range, Refrigerator, Range Hood, Washer
  • Basement: No
  • Interior: Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Iowa City High School, Public District Grades 9-12
  • Northwest Junior High School, Public District Grades 7-8
  • Grant Wood Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $138,000
  • Price Per SqFt: $97/SqFt

HOA Fees:

  • Amount: $1800
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Iowa City, IA.

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Iowa City, IA

City

Med. Sold Price

$302.5K

Med. Price/SqFt

$166

Avg. Days On Market

29

# of Sold Homes

18

325 Palomino Ct vs Iowa City

25 DAYS ON ROCKET

-4 Days

$138,000

-$164.5K Less

$97/SqFt

-$70 Less

KEY TAKEAWAY

This property is $164.5K less than the Median Sold Price and $70/SqFt less than other homes in Iowa City, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CDR
  • MLS Number: #2402965

Listing Office:

  • Office Name: Keller Williams Legacy Group
  • Office Phone: (319) 423-4139
  • Listing Agent: Susie Cooper

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: 5/28/2024, 2:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$906

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$480

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NMLS#3030

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.

Elementary School

school-card-donut-3728090
3
/10

  • Grant Wood Elementary School

  • 1930 Lakeside Dr

  • 0.94 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3728091
5
/10

  • Northwest Junior High School

  • 1507 8th St

  • 6.10 miles

  • Public District Grades 7-8

High School

school-card-donut-3728092
7
/10

  • Iowa City High School

  • 1900 Morningside Dr

  • 2.34 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,021. The majority of Iowa City, IA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 325 Palomino Ct

What is the listing price of this property?

The listing price of 325 Palomino Ct property is $138,000.

What type of property is this?

The property 325 Palomino Ct is a house located in Iowa City, Iowa, 52240.

Is this property for sale now?

Sale Pending: 325 Palomino Ct is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 325 Palomino Ct are:
Grant Wood Elementary School: GreatSchools Rating 3/10
Northwest Junior High School: GreatSchools Rating 5/10
Iowa City High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 325 Palomino Ct has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 325 Palomino Ct is 1,421 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 325 Palomino Ct is 2002.

Rocket Homes›Iowa›Johnson County›Iowa City›52240›325 Palomino Ct

This home is located at 325 Palomino Ct in Iowa City, IA and zip code 52240 in the Grant Wood neighborhood. This 1,421 square foot home was built in 2002. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $138,000.

While more than 6 listings in Iowa City, IA in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 6 were sold below. In April 2024 in Iowa City, IA there were 3.2% less homes for sale than in March 2024. Listings spent 29 days on the market in April 2024, and had a median list price of $302,500 during the same period.

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

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