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Sold for $129,250
  • $129,250

    505 Penn Ct APT 1, North Liberty, IA 52317

    2beds
    842sqft
    Condominium, Residential
    Built in 2002
    -- sqft lot
    $131,000 Zestimate®
    $154/sqft
    $1,266 Estimated rent

    Home value

    $131,000

    $124,000 - $138,000

    $1,266/mo

    Zestimate® history
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    $1,266/mo

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    $1,266/mo

    Rent Zestimate®

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    $2,388/mo

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    $2,388/mo

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    What's special

    Cozy fireplaceSliding glass door
    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. Accepted offer seller wants to continue to show for back up offers

    Zillow last checked:

    Listing updated:

    Listed by:

    LISA LYNES 319-330-5077,

    Ruhl&Ruhl, Realtors

    Bought with:

    Lepic-Kroeger, REALTORS

    Source: Iowa City Area AOR,MLS#: 202505254MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range Or Oven, Refrigerator, Washer
    • Laundry: Lower Level, In Kitchen
    Features
    • Flooring: Carpet, Vinyl
    • Number of fireplaces: 1
    • Fireplace features: Factory Built, Gas, Living Room
    Interior area
    • Total structure area: 842
    • Total interior livable area: 842 sqft
    • Finished area above ground: 842
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Patio
    Details
    • Parcel number: 0611341013
    • Zoning: condo
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential
    • Attached to another structure: Yes
    Materials
    • Brick, Vinyl, Frame
    Condition
    • Year built: 2002
    Details
    • Builder name: Prime Ventures

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights
    • Security: Smoke Detector(s)
    • Subdivision: LIBERTY'S GATE
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Exterior Maintenance, Trash, Street Maintenance
    • HOA fee: $1,680 annually
    Location
    • Region: North Liberty

    Financial & listing details

    • Price per square foot: $154/sqft
    • Tax assessed value: $149,000
    • Annual tax amount: $2,209
    • Date on market: 8/18/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/12/2026Sold$129,250-4.9%$154/sqft
    Source: Iowa City Area AOR #202505254 Report a problem
    1/17/2026Pending sale$135,900$161/sqft
    Source: CRAAR, CDRMLS #2507083 Report a problem
    8/18/2025Listed for sale$135,900-20%$161/sqft
    Source: CRAAR, CDRMLS #2507083 Report a problem
    8/4/2003Sold$169,800$202/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,302 +4.2%$149,000 +14.1%
    2024$2,209 +4%$130,600
    2023$2,123 +1.5%$130,600 +21.9%
    2022$2,093 +5.1%$107,100
    2021$1,992 +3.4%$107,100
    2020$1,926 +3.2%--
    2019$1,866 --
    2018$1,866 +2.2%$91,900
    2017$1,826 +3%$91,900 +6.9%
    2016$1,772 +2.9%$86,000
    2015$1,722 +10.4%$86,000 +5.5%
    2014$1,560 $81,500 +2.1%
    2012-- $79,800
    2011-- $79,800 -4.8%
    2009-- $83,800
    2008-- $83,800 +3.6%
    2005$1,206 +269.9%$80,900 +269.4%
    2004$326 $21,900
    Find assessor info on the county website

    Neighborhood: 52317

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: ClearCreek
    • Middle: ClearCreek
    • High: ClearCreek

    Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $131,000
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    +$2,620
    With Zillow Showcase(estimated)
    $133,620