B
Seller's Agent in 2025
Brad Akers
Robertson Real Estate Inc
219 N Calhoun St West Liberty, IA 52776
3
Beds
4
Baths
4,104
Sq Ft
2,701
Sq Ft Lot
Highlights
- The community has rules related to allowing live work
- Brick or Stone Mason
- Property is near shops
- Early Childhood Center Rated A-
- Living Room
- 4-minute walk to Friendship Park
About This Home
As of June 2025Welcome to a unique investment opportunity in the heart of West Liberty's vibrant downtown district. This impressive multi-family property combines historic charm with modern functionality, offering both commercial and residential spaces across 4,104 square feet of thoughtfully designed space. The residential portion features two upstairs apartments, making it perfect for various living arrangements. The building's sturdy brick construction speaks to its historic character while providing timeless curb appeal on its prominent corner lot location. Income potential shines here with the flexibility of 3commercial space downstairs and residential units above. The property's prime downtown location puts tenants steps away from local favorites. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a live-work arrangement, this property delivers possibilities. The building's historic character and strategic location in West Liberty's business district provide a solid foundation for various business ventures while generating rental income from the residential spaces. Experience the best of small-town living with big opportunities in this versatile property where history meets modern potential. The combination of commercial space, residential units, and prime location makes this an investment worth It
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,908
Year Built
- Built in 1888
Home Design
- Brick or Stone Mason
Interior Spaces
- 4,104 Sq Ft Home
- Living Room
- Unfinished Basement
- Stone or Rock in Basement
- Oven or Range
Laundry
- Dryer
- Washer
Location
- Property is near shops
Schools
- West Liberty Elementary And Middle School
- West Liberty High School
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Steam
- Heating System Mounted To A Wall or Window
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 0112382007
Community Details
Overview
- 5 Units
- The community has rules related to allowing live work
Building Details
- Electric Expense $800
- Fuel Expense $3,500
- Insurance Expense $1,684
- Maintenance Expense $2,600
- Water Sewer Expense $1,200
- Gross Income $34,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2013
Sold by
Keele James R
Bought by
New Horizon Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.14%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $60,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $96,184 | Unknown | |
| Closed | $116,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $217,500 | -3.3% | $53 / Sq Ft |
| 03/21/2025 03/21/25 | For Sale | $225,000 | -- | $55 / Sq Ft |
Source: Iowa City Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,908 | $126,600 | $5,980 | $120,620 |
| 2023 | $1,908 | $116,960 | $5,980 | $110,980 |
| 2022 | $2,020 | $99,810 | $5,980 | $93,830 |
| 2021 | $2,020 | $98,330 | $5,980 | $92,350 |
| 2020 | $2,150 | $93,330 | $5,980 | $87,350 |
| 2019 | $2,178 | $0 | $0 | $0 |
| 2018 | $2,330 | $0 | $0 | $0 |
| 2017 | $2,270 | $86,980 | $0 | $0 |
| 2016 | $2,274 | $86,980 | $0 | $0 |
| 2015 | $2,274 | $77,310 | $0 | $0 |
| 2014 | $1,778 | $77,310 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2025
Marc Simpson
Ruhl&Ruhl, Realtors
Map
Source: Iowa City Area Association of REALTORS®
MLS Number: 202502037
APN: 0112382007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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