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$135,000   Price Analysis
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111 Paddock Cir
Iowa City, IA 52240
3 bed 2 bath 1,531 SqFt ($88/SqFt)
Built 1997
Listed 2024-07-04, HOA $150
Ⓧ USDA Ineligible
due to location

near Iowa City

Great investment opportunity.

Current tenants' lease is signed through July 2025. Excellent rental history. Rents for $1, 360/month ffective 8-1-24. This is a well-maintained, 3-BR, 2-B A manufactured home in the Paddock at Saddlebrook.

Nice floor plan, shows well. Lot backs up to green space and walking trail. Huge covered deck on rear of home. Shed included. This home comes with a 990-year land lease on the lot, so there is no monthly lot rent - the HOA fee. Iowa City Rental Permit is current.


Presented by Mark Signs at
Ruhl&Ruhl Realtors, Iowa City Office.
Listing Agent Photo

Property MLS #202403867 from IowaCity

Bedrooms: 3
Bedrooms On Main Level: 3

Total Bathrooms: 2
Full Bathrooms: 2
Full Bathrooms On Main Level: 2

CableAvailable
Skylight
VaultedCeilings
LivingRoomSeparate
PrimaryOnMainLevel
PrimaryBath
BreakfastBar
KitDiningRmComb
Flooring: Carpet, Vinyl
Window Features: DoublePaneWindows

Dishwasher
RangeOrOven
Refrigerator
Laundry Features: LaundryCloset, InKitchen, MainLevel

DiningRoom: 10 x 8
DiningRoom Level: Main
LivingRoom: 18 x 14
LivingRoom Level: Main
MasterBedroom: 13 x 14
MasterBedroom Level: Main
Basement Features: CrawlSpace
Basement Description: CrawlSpace

Heating Features: NaturalGas, ForcedAir

Kitchen Dimensions: 14 x 16
Kitchen Level: Main

Deck
FrontPorch
Shed

Lot Description: LessThanHalfAcre, LeasedLand, Level
Lot Size Dimensions: Irregular

Garage Spaces: 2
Parking Features: ParkingPad, OffStreet
Parking Total: 2

Clubhouse
PetPolicy
FitnessCenter
Playground
Sidewalks
StreetLights
Community Features: Clubhouse, PetPolicy, FitnessCenter, Playground, Sidewalks, StreetLights

Association: Yes
Association Fee: 1800
Association Fee Frequency: Annually
Association Fee Includes: FacilitiesFee, Trash, Management, ReserveFund, StreetMaintenance
Calculated Total Monthly Association Fees: 150

Elementary School: Hoover
High School: City
Middle School: Southeast

Southeast Junior High School is a public middle school located approximately 1.3 miles away.
directions icon Map directions

Iowa City High School is a public high school located approximately 2.3 miles away.
directions icon Map directions

Grant Wood Elementary School is a public elementary school located approximately 0.9 miles away.
directions icon Map directions

Willowwind School is a private elementary school located approximately 1.6 miles away.
directions icon Map directions

Annual Tax Amount: 250
Source Listing Status: Active
County: Johnson
Directions: HWY 6 East to Heinz Rd, South to Paddock Blvd. West to Paddock Circle. Right on Paddock Circle, second house on the left.
Tax Year: 2024
Source Property Type: Residential
Area: IowaCity
Source Neighborhood: Saddlebrook Part 2
Parcel Number: A70849AB
Subdivision: Saddlebrook Part 2
Zoning: Res.
Property Subtype: IncomeInvestment
Source System Name: C2C

Listed 2024-07-04
$135,000
IowaCity

Total Square Feet Living: 1531
Year Built: 1997
Above Grade Finished Area: 1531
Builder Name: Wick
Building Area Total: 1531
Building Area Units: SquareFeet
Construction Materials: Vinyl, Composit
Property Age: 27
Structure Type: ManufacturedHouse
Total Above Grade Sqft Area: 1531
Architectural Style: OneStory

CitySewer
CityWater
Click Thumbnail Images To View Full Size
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kitchenlaundry_roombedroombedroombathroom
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unknownroad_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.