$135,900

505 Penn Ct Unit 1 North Liberty, IA 52317

Estimated payment $1,065/month

Total Views 431
2 Beds
1 Bath
842 Sq Ft
$161 Price per Sq Ft

Highlights

  • Country Kitchen
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Patio
  • Gas Fireplace

About This Home

Great ground floor unit featuring a spacious living area with cozy fireplace, open kitchen with plenty of storage and countertops for prepping meals or entertaining. Walk right out of the sliding glass door to watch the sunsets from your own patio. The laundry is located in your unit! Easy commute to Cedar Rapids and Iowa City and so close to shopping, grocery, medical, parks and pools. Why rent when you can own this lovely home. Property is in an estate so please allow 72 hours for response time. We will respond as quickly as possible.

Listing Agent

Lisa Lynes

Ruhl&Ruhl, Realtors Listed on: 08/18/2025

Ruhl&Ruhl, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,210

Year Built

  • Built in 2002

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 842 Sq Ft Home
  • 1-Story Property
  • Factory Built Fireplace
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Country Kitchen
  • 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

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Additional Features

  • Patio
  • Property is zoned condo

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, street maintenance
  • Built by Prime Ventures
  • Liberty's Gate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0611341013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,210

Year Built

Built in 2002

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 842
  • Homebuilder: Prime Ventures
  • Owner Name L F Mi: Gloria N Jacobson Estate
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Year Built: 2002
  • Tax Year Report: 2023
  • Subdivision: LIBERTY'S GATE
  • Directions: 380 to Penn St exit, East on Penn St, South on N Kansas Ave, East on Penn Ct. Building is on the North side behind building 515
  • L O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Street Lights
  • Basement Remarks: None
  • Fireplace Type Location: In Living Room, Factory Built, Gas
  • Interior R: Cable Available
  • Kitchen Breakfast R: Country Kitchen
  • Lot Description R: None/Condo
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: Great ground floor unit featuring a spacious living area with cozy fireplace, open kitchen with plenty of storage and countertops for prepping meals or entertaining. Walk right out of the sliding glass door to watch the sunsets from your own patio. The laundry is located in your unit! Easy commute to Cedar Rapids and Iowa City and so close to shopping, grocery, medical, parks and pools. Why rent when you can own this lovely home. Property is in an estate so please allow 72 hours for response time. We will respond as quickly as possible.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 842
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: 1st Floor, Kitchen Area
  • Mstr Br Level: Main
  • 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: Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 1680
  • Condo Level: 1
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Street Maintenance

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: 0
  • Geo Subdivision: IA
  • Zoning: condo

Tax Info

  • Gross Tax County City: 2209
  • Assessor Parcel Number: 0611341013

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 $2,210 $130,600 $30,000 $100,600
2023 $2,124 $130,600 $30,000 $100,600
2022 $2,092 $107,100 $11,000 $96,100
2021 $1,992 $107,100 $11,000 $96,100
2020 $1,992 $97,000 $11,000 $86,000
2019 $1,866 $97,000 $11,000 $86,000
2018 $1,826 $91,900 $11,000 $80,900
2017 $1,772 $91,900 $11,000 $80,900
2016 $1,722 $86,000 $11,000 $75,000
2015 $1,722 $86,000 $11,000 $75,000
2014 $1,560 $81,500 $11,000 $70,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $135,900 -- $161 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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Source: Iowa City Area Association of REALTORS®

MLS Number: 202505254

Iowa City Area Association of REALTORS®

APN: 0611341013