Sold

$500,000

3118 Magnolia Ln, Burlington, IA 52601

4beds

1,686sqft

Condominium

Built in 2017

-- sqft lot

$513,500 Zestimate^®

$297/sqft

$1,946 Estimated rent

Home value

$513,500

$488,000 - $539,000

$1,946/mo

Zestimate^® history

Owner options

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$1,946/mo

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$1,946/mo

Rent Zestimate^®

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$3,583/mo

Est. payment

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$3,583/mo

Est. payment

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What's special

PRESTIGE HOME IN A PREMIER LOCATION...THERE WILLBE NO FINER HOUSE/VILLA......A CONDO IN AN ASSOCIATION WITH A BREATHTAKING VIEW OF THE 2ND HOLE AT...BURLINGTON COUNTRY CLUB. TOTALLY CUSTOM BUILT WITH NO CORNERS CUT...YOU WILL BE AWED WITH EVERY SUNRISE IN THIS 4 BEDROOM 3 BATH MASTERPIECE...TOP OF THE LINE FINISHES...QUARTZ COUNTERTOPS...HEATED FLOORS...HARDWOOD FLOORS...COMMERCIAL GRADE APPLIANCES...CUSTOM BUILT AND DESIGNED CLOSETS...LOTS OF STORAGE AND A WALK OUT TO A COVERED PATIO...TOO MANY UPGRADES TO MENTION...LOCATED IN THE MASTERS...HOME WAS BUIILT IN 2017 AS A SHELL...THE INSIDE WAS FINISHED 2019...10 YEAR TAX ABATEMENT ON PROPERTY. PROPERTY PRICED UNDER APPRAISED VALUE.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air

Cooling

Central Air

Features

Basement: Egress Window(s),Finished,Full,Concrete,Walk-Out Access
Number of fireplaces: 10

Interior area

Total interior livable area: 1,686 sqft
Finished area above ground: 1,686
Finished area below ground: 1,538

Property

Parking

Total spaces: 2
Parking features: Attached, Concrete
Garage spaces: 2

Accessibility

Accessibility features: No Stairs External, No Stairs Internal

Lot

Size: 9,147 Square Feet
Dimensions: .21

Details

Parcel number: 1119479038

Construction

Type & style

Home type: Condo
Architectural style: Ranch
Property subtype: Condominium

Materials

Brick, Vinyl Siding

Condition

Year built: 2017

Utilities & green energy

Water: Public

Community & HOA

HOA

Has HOA: Yes
Services included: Insurance, Lawn Care, Exterior Maintenance, Snow Removal
HOA fee: $220 monthly
HOA name: SEIA

Location

Region: Burlington

Financial & listing details

Price per square foot: $297/sqft
Tax assessed value: $474,800
Annual tax amount: $1,967
Date on market: 4/30/2025
Cumulative days on market: 102 days

Price history

Date	Event	Price
9/29/2023	Sold	$500,000+0%$297/sqft
Source: NoCoast MLS as distributed by MLS GRID #6306925 Report a problem
7/22/2023	Pending sale	$499,900$297/sqft
Source: NoCoast MLS as distributed by MLS GRID #6306925 Report a problem
6/30/2023	Price change	$499,900-4.8%$297/sqft
Source: NoCoast MLS as distributed by MLS GRID #6306925 Report a problem
6/8/2023	Price change	$524,900-4.5%$311/sqft
Source: NoCoast MLS as distributed by MLS GRID #6306925 Report a problem
4/11/2023	Listed for sale	$549,900+79.4%$326/sqft
Source: NoCoast MLS as distributed by MLS GRID #6306925 Report a problem
10/12/2018	Sold	$306,500$182/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,576 +24.5%	$474,800 +12.6%
2024	$3,676 +52.7%	$421,700
2023	$2,408 +35.1%	$421,700 +18.4%
2022	$1,782 -74.7%	$356,100
2021	$7,042 +93%	$356,100 +7.6%
2020	$3,648	$330,800 +96.8%
2019	--	$168,100 +3262%
2018	$116	$5,000
2017	$116	$5,000