$169,900

1020 240th St NE Unit 8 North Liberty, IA 52317

Estimated payment $1,268/month

Total Views 23,821
2 Beds
2 Baths
980 Sq Ft
$173 Price per Sq Ft

Highlights

  • Hot Property
  • Main Floor Primary Bedroom
  • Balcony
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Laundry closet

About This Home

Discover this well-maintained 2-bedroom, 2-bathroom condo in North Liberty, offering comfort, convenience, and a strong rental history. The open floor plan features a cozy fireplace, and in-unit washer and dryer for modern living. The property includes a 1-car garage plus an additional designated parking space. Situated in a prime location with quick access to I-380, local restaurants, and nearby businesses, this condo is perfectly placed for both commuters and residents who enjoy convenience. With the same reliable tenant occupying the unit for years, this property presents an excellent investment opportunity for any investor looking for steady rental income.

Listing Agent

Jill Armstrong

Skogman Realty Co. Listed on: 08/28/2025

Skogman Realty Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,254

Year Built

  • Built in 2002

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 980 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Location

  • Property is near schools
  • Property is near shops

Schools

  • Cca - Tiffin Elementary School
  • Clear Creek Middle School
  • Clear Creek High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, grounds maintenance, mgmt fee
  • Built by CJ'S CONSTRUCTION CO, INC
  • Deerfield I Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0602489016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,254

Year Built

Built in 2002

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 980
  • Homebuilder: CJ'S CONSTRUCTION CO, INC
  • Owner Name L F Mi: Williams
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Remarks: Showings require 24hr lead time due to tenant-occupied. Please allow 24 hour response time for all offers, however Seller may respond at any time. The lease is through April of 2026 and the owner is collecting $1,300 per month in rent.
  • Year Built: 2002
  • Tax Year Report: 2023
  • Subdivision: DEERFIELD I CONDOMINIUMS
  • Directions: From Hwy 965, turn West onto 240th St. Parking lot access is North off of Jones Blvd.
  • L O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: None
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available, Vaulted Ceiling
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: Discover this well-maintained 2-bedroom, 2-bathroom condo in North Liberty, offering comfort, convenience, and a strong rental history. The open floor plan features a cozy fireplace, and in-unit washer and dryer for modern living. The property includes a 1-car garage plus an additional designated parking space. Situated in a prime location with quick access to I-380, local restaurants, and nearby businesses, this condo is perfectly placed for both commuters and residents who enjoy convenience. With the same reliable tenant occupying the unit for years, this property presents an excellent investment opportunity for any investor looking for steady rental income.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 980
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet
  • Mstr Br Level: Main
  • Mstr Br Width: 14
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Balcony

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 2160
  • Condo Level: 2
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Grounds Maintenance, Mgmt Fee

Schools

  • Elementary School: CCA - Tiffin
  • Middle School: Clear Creek
  • High School: Clear Creek
  • High School: Clear Creek
  • Jr Middle School: Clear Creek
  • Elementary School: CCA - Tiffin

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: Condo
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2348
  • Assessor Parcel Number: 0602489016

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,254 $133,300 $20,000 $113,300
2023 $2,118 $133,300 $20,000 $113,300
2022 $2,086 $106,800 $11,000 $95,800
2021 $2,084 $106,800 $11,000 $95,800
2020 $2,084 $101,500 $11,000 $90,500
2019 $1,950 $101,500 $11,000 $90,500
2018 $1,910 $96,100 $11,000 $85,100
2017 $1,910 $96,100 $11,000 $85,100
2016 $1,804 $90,100 $11,000 $79,100
2015 $1,804 $90,100 $11,000 $79,100
2014 $1,468 $85,300 $11,000 $74,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $169,900 +77.9% $173 / Sq Ft
03/30/2015 03/30/15 Sold $95,500 -3.0% $97 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $98,500 -- $101 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $81,175 Future Advance Clause Open End Mortgage
Source: Public Records

About the Listing Agent

Jill Armstrong

Skogman Realty Co.

(319) 205-6644

Section Image

Jill works endlessly for you in an effort to bring Buyers and Sellers together. Her expertise in their local Real Estate market provides for a superior level of service and results. She will help you ‘stage’ your home so it shows to the utmost advantage. She wants you to see the greatest return on your investment with an effortless transition

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Source: Iowa City Area Association of REALTORS®

MLS Number: 202505455

Iowa City Area Association of REALTORS®

APN: 0602489016