$135,000
UNDER CONTRACT

2743 Triple Crown Ln Unit 1 Iowa City, IA 52240

Estimated payment $1,048/month

Total Views 5,090
2 Beds
1 Bath
906 Sq Ft
$149 Price per Sq Ft

Highlights

  • Patio
  • Central Air
  • Ceiling Fan
  • City High School Rated A-
  • Combination Kitchen and Dining Room
  • Gas Fireplace

About This Home

Investor Alert! Welcome to 2743 Triple Crown Drive—a turnkey investment opportunity with a lease in place through July 2026. This well-kept property offers dependable rental income from day one, with a reliable long term tenant already secured. The condo has been well kept. The ground floor unit makes it deseriable for types of tenants. Whether you're expanding your portfolio or looking for a low-maintenance asset, this property checks all the boxes. Start collecting rent at closing!

Listing Agent

Monica Hayes

Lepic-Kroeger, REALTORS Listed on: 07/15/2025

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,148

Year Built

  • Built in 2002

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Hoover Elementary School
  • Southeast Middle School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Internet Available

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance
  • Triple Crown Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1024457025

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,148

Year Built

Built in 2002

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 906
  • Homebuilder: UNK
  • Owner Name L F Mi: Big Duck LLC
  • Ownership Type: Income/Investment
  • Photo Code: Broker Loaded
  • Remarks: Submit all offers to monica@monicahayesteam.com. Please allow 24hr response time to all offers. Property is currently managed by westwinds. Current lease runs through July 2026. at $1125 a month. Tenant pays all utilities. 24 Hour showing notice required.
  • Year Built: 2002
  • Tax Year Report: 2023
  • Subdivision: TRIPLE CROWN CONDOMINIUMS
  • Directions: Hwy 1 to Heinz Rd South to Triple Crown Lane.
  • L O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Pet Policy, Sidewalks, Street Lights
  • Basement Remarks: None
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Other
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: Investor Alert! Welcome to 2743 Triple Crown Drive—a turnkey investment opportunity with a lease in place through July 2026. This well-kept property offers dependable rental income from day one, with a reliable long term tenant already secured. The condo has been well kept. The ground floor unit makes it deseriable for types of tenants. Whether you're expanding your portfolio or looking for a low-maintenance asset, this property checks all the boxes. Start collecting rent at closing!
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 906
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 11
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1800
  • Condo Level: 1
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance

Schools

  • Elementary School: Hoover
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Hoover

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: RES

Tax Info

  • Gross Tax County City: 2148
  • Assessor Parcel Number: 1024457025

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 $2,148 $114,160 $12,820 $101,340
2023 $2,224 $114,160 $12,820 $101,340
2022 $2,126 $102,650 $11,530 $91,120
2021 $2,162 $102,650 $11,530 $91,120
2020 $2,162 $100,020 $11,530 $88,490
2019 $1,990 $100,020 $11,530 $88,490
2018 $1,990 $90,580 $10,250 $80,330
2017 $1,786 $86,810 $10,250 $76,560
2016 $1,750 $81,210 $10,250 $70,960
2015 $1,750 $81,210 $10,250 $70,960
2014 $1,656 $76,570 $7,690 $68,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $135,000 +25.6% $149 / Sq Ft
03/30/2021 03/30/21 Sold $107,500 -2.3% $119 / Sq Ft
02/04/2021 02/04/21 For Sale $110,000 -- $121 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $107,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,562 Future Advance Clause Open End Mortgage
Previous Owner $42,000 Unknown
Source: Public Records

Source: Iowa City Area Association of REALTORS®

MLS Number: 202504596

Iowa City Area Association of REALTORS®

APN: 1024457025