$3,685,000
$3M PRICE INCREASE

1559-1672 Ponds Edge North Liberty, IA 52317

Estimated payment $20,648/month

Total Views 15,509
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 4 Acre Lot
  • Living Room
  • Dining Room

About This Home

Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,000/month, request Proforma and Rent Roll from the Listing Agent. Approximately $2,250,000 for the 9 condo units ($250,000/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package. Brochure attached.

Listing Agent

Mark Lynch

Skogman Realty Co. Listed on: 10/23/2024

Skogman Realty Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 2003

Lot Details

  • 4 Acre Lot
  • Property is zoned RM-8

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • No Kitchen Appliances

Schools

  • Clear Creek Elementary And Middle School
  • Clear Creek High School

Utilities

  • No Cooling
  • No Heating
  • Internet Available

Community Details

  • Nl Ponds Edge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,084

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Owner Name L F Mi: Apadana, LLC
  • Ownership Type: Income/Investment
  • Photo Code: Complete
  • Year Built: 2003
  • Tax Year Report: 2021
  • Subdivision: NL PONDS EDGE
  • Directions: 240th Street NE to Jones Blvd to Ponds Edge Court.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: None
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Other
  • Lot Description R: 2-5 Acre
  • Possession R: Negotiable
  • Possible Finance R: See Other Remarks
  • Stories Style R: 2 Story
  • Remarks2: Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,000/month, request Proforma and Rent Roll from the Listing Agent. Approximately $2,250,000 for the 9 condo units ($250,000/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package. Brochure attached.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: None
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Other
  • Mstr Br Level: Main

Exterior Features

  • Construction: Unknown
  • ExteriorFeatures: Other

Garage/Parking

  • Parking Spaces: None

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: None

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Clear Creek
  • Middle School: Clear Creek
  • High School: Clear Creek
  • High School: Clear Creek
  • Jr Middle School: Clear Creek
  • Elementary School: Clear Creek

Lot Info

  • Acreage: 4
  • Geo Subdivision: IA
  • Lot Dimensions: 4.0
  • Zoning: RM-8

Tax Info

  • Gross Tax County City: 30870
  • Assessor Parcel Number: Multiple

Map

Range of Values:

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Average Value
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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

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 $3,084 $182,300 $10,000 $172,300
2023 $3,480 $182,300 $10,000 $172,300
2022 $3,430 $175,500 $10,000 $165,500
2021 $3,434 $175,500 $10,000 $165,500
2020 $3,434 $167,200 $10,000 $157,200
2019 $3,394 $167,200 $10,000 $157,200
2018 $3,324 $167,200 $10,000 $157,200
2017 $3,180 $167,200 $10,000 $157,200
2016 $3,094 $154,400 $10,000 $144,400
2015 $3,094 $154,400 $10,000 $144,400
2014 $2,776 $143,100 $10,000 $133,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Price Changed $3,685,000 0.0% --
10/23/2024 10/23/24 Price Changed $3,685,000 +900.0% --
10/23/2024 10/23/24 For Sale $368,500 0.0% --
10/23/2024 10/23/24 For Sale $368,500 -- --
Source: Iowa City Area Association of REALTORS®

Source: Iowa City Area Association of REALTORS®

MLS Number: 202405990

Iowa City Area Association of REALTORS®

APN: 0602412006