$128,000
SOLD JUN 30, 2025

2874 Triple Crown Ln Unit 1 Iowa City, IA 52240

2 Beds
1 Bath
906 Sq Ft
2,570 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

5% Below List Price

109 Days on Market

Highlights

  • Clubhouse
  • Brick or Stone Mason
  • Patio
  • City High School Rated A-
  • Breakfast Bar
  • Living Room

About This Home

As of June 2025

1st floor 2 bedroom 1 bath condo with vinyl wood planking. Pictures are taken prior to the tenant moving in. 1 car garage, secured entrance and clubhouse access. Currently rented for $900/month until June 27,2025. Must give 24 hour notice. One owner is a licensed realtor.

Last Agent to Sell the Property

Teresa Crosser

Keystone Property Management Co. Listed on: 02/24/2025

Last Buyer's Agent

Teague Case

Westwinds Real Estate Services, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 2000

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Schools

  • Wood Elementary School
  • Southeast Middle School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 1024453014

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, facilities fee, garbage pickup, grounds maintenance, mgmt fee, street maintenance
  • Triple Crown Condos Subdivision

Additional Features

  • Clubhouse
  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,036

Year Built

Built in 2000

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 906
  • Homebuilder: Unknown
  • Owner Name L F Mi: Crosser, William & Crosser, Teresa
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Must give 24 hour notice. One owner is a licensed realtor.
  • Year Built: 2000
  • Zero Step Entry: Yes
  • Tax Year Report: 2023
  • Subdivision: Triple Crown Condos
  • Directions: Highway 6 East. Turn right on Heinz Road. Turn left on Triple Crown Lane
  • S O1 Dues Paid: y
  • Amenities: Clubhouse, Neighborhood Assoc., Security, Sidewalks, Street Lights
  • Basement Remarks: None
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: 1031 Exchange, Cash, Conventional
  • Stories Style R: Other
  • Remarks2: 1st floor 2 bedroom 1 bath condo with vinyl wood planking. Pictures are taken prior to the tenant moving in. 1 car garage, secured entrance and clubhouse access. Currently rented for $900/month until June 27,2025. Must give 24 hour notice. One owner is a licensed realtor.
  • Special Features: None
  • 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, Kitchen Area, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 12
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Brick
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2100.00
  • Condo Level: 1
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Facilities Fee, Garbage Pickup, Grounds Maintenance, Mgmt Fee, Street Maintenance

Schools

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

Lot Info

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

Rental Info

  • Lease Value: 128000

Tax Info

  • Gross Tax County City: 2036
  • Assessor Parcel Number: 1024453014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Jun 23, 2025
Sold by
Crosser Teresa M and Crosser William John
Bought by
E2 Endeavors Llc
Seller's Agent
Teresa Crosser
Keystone Property Management Co.
Buyer's Agent
Teague Case
Westwinds Real Estate Services, Inc.
List Price
$135,000
Sold Price
$128,000
Premium/Discount to List
-$7,000
-5.19%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.02%

Purchase Details

Listed on
Aug 12, 2011
Closed on
May 21, 2012
Sold by
Goodwin Linda Ritter and Ritter Ann E
Bought by
Crosser Teresa M and Crosser William John
Seller's Agent
Kelley Myers
RUHL & RUHL REALTORS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$79,900
Sold Price
$68,000
Premium/Discount to List
-$11,900
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$63,750
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $128,000 None Listed On Document
Warranty Deed $128,000 None Listed On Document
Warranty Deed $68,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $63,750 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $128,000 -5.2% $141 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $135,000 -2.9% $149 / Sq Ft
05/28/2025 05/28/25 Price Changed $139,000 +5.3% $153 / Sq Ft
04/10/2025 04/10/25 Price Changed $132,000 -2.2% $146 / Sq Ft
02/24/2025 02/24/25 For Sale $135,000 +98.5% $149 / Sq Ft
05/21/2012 05/21/12 Sold $68,000 -14.9% $75 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
08/12/2011 08/12/11 For Sale $79,900 -- $88 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

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 $2,036 $108,230 $12,820 $95,410
2023 $2,140 $108,230 $12,820 $95,410
2022 $2,044 $98,700 $11,530 $87,170
2021 $2,080 $98,700 $11,530 $87,170
2020 $2,080 $96,200 $11,530 $84,670
2019 $1,934 $96,200 $11,530 $84,670
2018 $1,934 $88,030 $10,250 $77,780
2017 $1,834 $84,400 $10,250 $74,150
2016 $1,700 $78,900 $10,250 $68,650
2015 $1,700 $78,900 $10,250 $68,650
2014 $1,594 $73,700 $7,690 $66,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202501281

Iowa City Area Association of REALTORS®

APN: 1024453014