Discover this well-maintained 2-bedroom, 2-bathroom condo in North Liberty, offering comfort, convenience, and a strong rental history. The open floor plan features a cozy fireplace, and in-unit washer and dryer for modern living. The property includes a 1-car garage plus an additional designated parking space. Situated in a prime location with quick access to I-380, local restaurants, and nearby businesses, this condo is perfectly placed for both commuters and residents who enjoy convenience. With the same reliable tenant occupying the unit for years, this property presents an excellent investment opportunity for any investor looking for steady rental income. The lease is on a month to month basis and the current tenant will need 45-days to vacate the property. The owner is collecting $1,200 per month in rent.
Sold for $162,000
Zestimate®
$162,000
1020 240th St #8, North Liberty, IA 52317
2beds
980sqft
Condominium
Built in 2002
-- sqft lot
$162,000 Zestimate®
$165/sqft
$1,374 Estimated rent
Home value
$162,000
$154,000 - $170,000
$1,374/mo
Zestimate® history
Owner options
List your home for rent
$1,374/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,374/mo
Rent Zestimate®
Refinance and save
$3,314/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,314/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Cozy fireplaceOpen floor planAdditional designated parking spaceIn-unit washer and dryer
Zillow last checked:
Listing updated:
Listed by:
Jill Armstrong 319-631-5455,
SKOGMAN REALTY
Bought with:
Michelle Bennett
Keller Williams Legacy Group
Source: CRAAR, CDRMLS,MLS#: 2600943
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Laundry
Other
- Level: First
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Eat-in Kitchen, Main Level Primary, Vaulted Ceiling(s)
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
Interior area
- Total interior livable area: 980 sqft
- Finished area above ground: 980
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, Off Street
- Garage spaces: 1
Features
- Patio & porch: Deck
Details
- Parcel number: 0602489016
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Frame, Vinyl Siding
Condition
- New construction: No
- Year built: 2002
Details
- Builder name: CJ'S CONSTRUCTION CO, INC
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $2,160 annually
Location
- Region: North Liberty
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $144,900
- Annual tax amount: $2,348
- Date on market: 2/6/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Sold | $162,000$165/sqft |
Source:  CRAAR, CDRMLS #2600943 Report a problem | ||
| 6/4/2026 | Pending sale | $162,000$165/sqft |
Source: CRAAR, CDRMLS #2600943 Report a problem | ||
| 5/8/2026 | Price change | $162,000-0.6%$165/sqft |
Source: CRAAR, CDRMLS #2600943 Report a problem | ||
| 3/26/2026 | Price change | $163,000-1.2%$166/sqft |
Source: CRAAR, CDRMLS #2600943 Report a problem | ||
| 2/6/2026 | Listed for sale | $165,000+3.8%$168/sqft |
Source: CRAAR, CDRMLS #2600943 Report a problem | ||
| 12/27/2025 | Listing removed | $159,000$162/sqft |
Source: CRAAR, CDRMLS #2507382 Report a problem | ||
| 10/12/2025 | Price change | $159,000-3.6%$162/sqft |
Source: CRAAR, CDRMLS #2507382 Report a problem | ||
| 10/10/2025 | Price change | $165,000-2.9%$168/sqft |
Source: CRAAR, CDRMLS #2507382 Report a problem | ||
| 8/28/2025 | Listed for sale | $169,900+77.9%$173/sqft |
Source: CRAAR, CDRMLS #2507382 Report a problem | ||
| 3/30/2015 | Sold | $95,500-3%$97/sqft |
Source:  Iowa City Area AOR #20150714 Report a problem | ||
| 3/7/2015 | Pending sale | $98,500$101/sqft |
Source: Coldwell Banker Real Estate Professionals Corridor #20150714 Report a problem | ||
| 2/3/2015 | Listed for sale | $98,500$101/sqft |
Source: Coldwell Banker Real Estate Professionals Corridor #20150714 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,348 +4.1% | $144,900 +8.7% |
| 2024 | $2,255 +6.5% | $133,300 |
| 2023 | $2,117 +1.5% | $133,300 +24.8% |
| 2022 | $2,087 +0.1% | $106,800 |
| 2021 | $2,084 +3.4% | $106,800 |
| 2020 | $2,016 +3.4% | -- |
| 2019 | $1,950 | -- |
| 2018 | $1,950 +2.1% | $96,100 |
| 2017 | $1,910 +2.9% | $96,100 +6.7% |
| 2016 | $1,856 +2.9% | $90,100 |
| 2015 | $1,804 +22.9% | $90,100 +5.6% |
| 2014 | $1,468 | $85,300 +2.3% |
| 2012 | -- | $83,400 |
| 2011 | -- | $83,400 -4.9% |
| 2009 | -- | $87,700 |
| 2008 | -- | $87,700 -0.9% |
| 2005 | $1,202 +101% | $88,500 +119.6% |
| 2004 | $598 | $40,300 |
Find assessor info on the county website
Neighborhood: 52317
Nearby homes
- $154,9002 bd2 ba980 sqft1020 240th St #2, North Liberty, IA 52317Off Market
- $158,7002 bd2 ba980 sqft1020 240th St #3, North Liberty, IA 52317Off Market
- $157,5002 bd2 ba980 sqft1020 240th St #5, North Liberty, IA 52317Off Market
- $155,7002 bd2 ba980 sqft1020 240th St #6, North Liberty, IA 52317Off Market
- $155,6002 bd2 ba980 sqft1020 240th St #7, North Liberty, IA 52317Off Market
- $157,6002 bd2 ba980 sqft1020 240th St #1, North Liberty, IA 52317Off Market
- $162,0002 bd2 ba980 sqft1020 240th St NE APT 8, North Liberty, IA 52317Sold
- $156,8002 bd2 ba980 sqft1020 240th St NE APT 4, North Liberty, IA 52317Off Market
Nearby schools
GreatSchools rating
- 8/10North Bend Elementary SchoolGrades: K-3Distance: 1.7 mi
- 9/10Clear Creek Amana Middle SchoolGrades: 6-8Distance: 4.5 mi
- 7/10Clear Creek Amana High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Clear Creek-Tiffin
- Middle: Clear Creek/Amana
- High: Clear Creek/Amana
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$162,000
2% more
+$3,240
With Zillow Showcase(estimated)
$165,240
- Iowa
- Johnson County
- North Liberty
- 52317
- 1020 240th St Unit 8
Nearby cities
Nearby zip codes
Other North Liberty Topics
