Sold for $3,450,000

$3,450,000

1620 Lincoln Dr, North Liberty, IA 52317

--beds

2baths

--sqft

Multi Family, Residential

Built in 2014

-- sqft lot

$2,007,300 Zestimate^®

$--/sqft

$1,492 Estimated rent

Home value

$2,007,300

$1.87M - $2.15M

$1,492/mo

Zestimate^® history

Owner options

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$1,492/mo

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$1,492/mo

Rent Zestimate^®

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$18,898/mo

Est. payment

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$18,898/mo

Est. payment

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What's special

Fully leased newer multi-family building. A mix of 1 and 2 bedroom units keep this property continually leased. The 1-bedroom units all have a den. All units have their own deck or patio and individual washer and dryers. Each unit also comes with their own detached garage and the buildings and plenty of other off-street parking. Located in a great location in the North Liberty. Buyer must present a pre-approval letter from a local lender prior to receiving financial informaiton or tours of individual units.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 2

Rooms

Room types: Family Room, Primary Bath

Heating

Forced Air

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Dishwasher, Range Or Oven, Refrigerator, Dryer, Microwave, Washer
Laundry: In Kitchen, Main Level

Features

Elevator, Zero Step Entry, Primary On Main Level, High Ceilings, Vaulted Ceiling(s), Breakfast Bar
Flooring: Carpet, Vinyl
Number of fireplaces: 1
Fireplace features: Electric

Interior area

Finished area above ground: 0
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached Carport, Guest, Off Street
Has carport: Yes

Features

Levels: Three Or More
Stories: 3
Patio & porch: Deck, Patio
Exterior features: Sprinkler System

Lot

Features: Condo

Details

Parcel number: Various
Zoning: Multi-Family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Residential

Materials

Frame, Masonry, Vinyl
Foundation: Slab

Condition

Year built: 2014

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Indoor air quality: Passive Radon

Community & HOA

Community

Features: Sidewalks, Street Lights, Near Shopping
Security: Smoke Detector(s)

HOA

Has HOA: Yes
Services included: Other

Location

Region: North Liberty

Financial & listing details

Tax assessed value: $3,450,000
Annual tax amount: $53,000
Date on market: 12/29/2024
Listing terms: Conventional,1031 Exchange,Cash

Price history

Date	Event	Price
12/31/2024	Sold	$3,450,000-54%
Source: Iowa City Area AOR #202406886 Report a problem
8/8/2022	Listing removed	--
Source: CRAAR, CDRMLS #2204492 Report a problem
3/11/2022	Listed for sale	$7,500,000
Source: Iowa City Area AOR #202201364 Report a problem