640 Magnolia Ln
Marion, IA 52302
2 bd 2 ba 1,489 sqft Built 2003 condos
Most recent sale
$148,500
Oct 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 20, 2022 | Sold | $148,500 | Public Record |
| Oct 14, 2022 | Sold | $148,500 | CedarRapids |
| Sep 2, 2022 | Listed | $149,900 | MLS #2208221 |
| Jun 22, 2022 | Sold | $125,000 | Public Record |
| Jun 16, 2022 | Sold | $125,000 | CedarRapids |
| May 12, 2022 | Listed | $125,000 | MLS #2204092 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $149,300 | $13,500 | $162,800 | $2,926 |
| 2023 | $138,100 | $13,500 | $151,600 | $2,616 |
| 2022 | $104,400 | $13,500 | $117,900 | $2,494 |
| 2021 | $104,400 | $13,500 | $117,900 | $2,616 |
| 2020 | $102,600 | $13,500 | $116,100 | $2,572 |
| 2019 | $102,600 | $13,500 | $116,100 | $2,426 |
| 2018 | $94,000 | $13,500 | $107,500 | $2,332 |
| 2017 | $94,000 | $13,500 | $107,500 | $2,332 |
| 2016 | $91,500 | $13,500 | $105,000 | $2,266 |
| 2015 | $91,500 | $13,500 | $105,000 | $2,258 |
| 2014 | $91,500 | $13,500 | $105,000 | $2,156 |
| 2012 | $95,071 | $8,787 | $103,858 | $2,076 |
| 2011 | $95,071 | $8,787 | $103,858 | $2,062 |
| 2010 | $95,071 | $8,787 | $103,858 | $2,004 |
| 2004 | $95,071 | $8,787 | $103,858 | $1,928 |
Property facts
Year built
2003
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,489 sqft
Lot size
—
ZIP code
52302
City
Marion
Street
Magnolia Ln
Coordinates
42.04774, -91.60073
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$891
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 640 Magnolia Ln last sell?
640 Magnolia Ln most recently sold on Oct 20, 2022 for $148,500.
What is the current tax assessment for 640 Magnolia Ln?
The most recent total assessment for 640 Magnolia Ln (year 2025) is $162,800 with $2,926 in property tax.
How does 640 Magnolia Ln's assessment compare to its last sale price?
The current assessment is 9.6% above the last sale price of $148,500.
When was 640 Magnolia Ln built?
640 Magnolia Ln was built in 2003.
How does 640 Magnolia Ln compare to others on Magnolia Ln?
We track 8 other properties on Magnolia Ln. Browse the list under "Other properties on Magnolia Ln" to compare beds, baths, and sale history.
What are the property facts for 640 Magnolia Ln?
640 Magnolia Ln is a 2 bed, 2 bath, 1,489 sqft condos.
Is 640 Magnolia Ln a flip candidate?
No — 640 Magnolia Ln does not appear in our flips dataset.
Is 640 Magnolia Ln a tax-appeal candidate?
No — 640 Magnolia Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.7%
Implied 1-yr
-6.9%
2026 Q3
$304.7K
2026 Q4
$298.9K
ZIP 52302 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Magnolia Ln