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506 Penn Ct

North Liberty, IA 52317

3 bd 4 ba 2,068 sqft Built 2005 condos
Most recent sale
$217,500
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $217,500 Public Record
Sep 12, 2022 Sold $217,500 MLS #202203968
Aug 1, 2022 Price changed $219,900 MLS #2205864
Jul 7, 2022 Listed $225,000 MLS #202203968
Aug 21, 2020 Sold $157,000 Public Record
Apr 17, 2013 Sold $157,000 MLS #20131191
Feb 27, 2013 Listed $160,000 MLS #20131191
Jul 18, 2011 Sold $154,000 Public Record
Apr 12, 2011 Price changed $155,900 MLS #20110585
Mar 18, 2011 Price changed $157,900 MLS #20110585
Mar 3, 2011 Listed $158,900 MLS #1101422
Jan 17, 2011 Listed $158,900 MLS #20110585
Jun 27, 2007 Sold $153,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $203,600 $40,000 $243,600 $3,754
2024 $203,600 $40,000 $243,600 $3,600
2023 $183,300 $40,000 $223,300 $4,028
2022 $183,200 $20,000 $203,200 $3,970
2021 $183,200 $20,000 $203,200 $3,756
2020 $162,900 $20,000 $182,900 $3,632
2019 $162,900 $20,000 $182,900 $3,712
2018 $182,900 $3,636
2017 $162,900 $20,000 $182,900 $3,436
2016 $146,800 $20,000 $166,800 $3,342
2015 $146,800 $20,000 $166,800 $3,188
2014 $143,200 $20,000 $163,200 $2,942
2013 $137,700 $20,000 $157,700 $2,768
2012 $132,800 $20,000 $152,800 $2,552
2011 $132,800 $20,000 $152,800 $2,490
2010 $132,800 $20,000 $152,800 $2,572
2007 $130,800 $20,000 $150,800 $2,268
2005 $130,800 $20,000 $150,800 $2

Property facts

Year built
2005
Property type
condos
Stories
Beds
3
Baths
4
Living area
2,068 sqft
Lot size
ZIP code
52317
City
North Liberty
Street
Penn Ct
Coordinates
41.74909, -91.63480

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,305
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Penn Ct last sell?
506 Penn Ct most recently sold on Sep 14, 2022 for $217,500.
What is the current tax assessment for 506 Penn Ct?
The most recent total assessment for 506 Penn Ct (year 2025) is $243,600 with $3,754 in property tax.
How does 506 Penn Ct's assessment compare to its last sale price?
The current assessment is 12.0% above the last sale price of $217,500.
When was 506 Penn Ct built?
506 Penn Ct was built in 2005.
How does 506 Penn Ct compare to others on Penn Ct?
We track 8 other properties on Penn Ct. Browse the list under "Other properties on Penn Ct" to compare beds, baths, and sale history.
What are the property facts for 506 Penn Ct?
506 Penn Ct is a 3 bed, 4 bath, 2,068 sqft condos.
Is 506 Penn Ct a flip candidate?
No — 506 Penn Ct does not appear in our flips dataset.
Is 506 Penn Ct a tax-appeal candidate?
No — 506 Penn Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.6%
2026 Q3
$313.7K
2026 Q4
$308.9K
ZIP 52317 — Median Price History + Forecast

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