201 N Devoe St Lone Tree, IA 52755
Estimated payment $2,335/month
Highlights
- The community has rules related to allowing live work
- Living Room
- Dining Room
- Lone Tree Elementary School Rated 9+
- Forced Air Heating and Cooling System
About This Home
Investment Opportunity. Downtown Lone Tree building has been rebuilt/repurposed as three rental units. Main level has large 2,000 sqft apartment with 3 bedrooms and 2 bathrooms. Main level also has separate 720 sqft commercial use space that can be used as an office space or combined as additional space with the other main floor unit. 2 bedroom 2 bath 1,800 sqft unit in the lower level. Large attached garage/storage area. Contact Listing Agent to schedule showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,628
Year Built
- Built in 2021
Lot Details
- Lot Dimensions are 52 x 145
Parking
- 4 Parking Spaces
Home Design
- Frame Construction
Interior Spaces
- 2,880 Sq Ft Home
- Living Room
- Dining Room
Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Schools
- Lone Tree Elementary And Middle School
- Lone Tree High School
Utilities
- Forced Air Heating and Cooling System
- Internet Available
Community Details
- 3 Units
- Lone Tree Original Town Subdivision
- The community has rules related to allowing live work
Listing and Financial Details
- Assessor Parcel Number 1709401005
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,628 | $270,100 | $24,500 | $245,600 |
| 2023 | $1,730 | $270,100 | $24,500 | $245,600 |
| 2022 | $780 | $109,800 | $19,300 | $90,500 |
| 2021 | $780 | $46,000 | $22,700 | $23,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $385,000 | -- | $134 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $12,500 | None Available | |
| Warranty Deed | $97,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $390,000 | Future Advance Clause Open End Mortgage | |
| Closed | $176,800 | Construction | |
| Closed | $176,800 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $130,000 | Future Advance Clause Open End Mortgage |
Source: Iowa City Area Association of REALTORS®
MLS Number: 202504953
APN: 1709401005
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Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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