Overview
This Commercial Tax Lien is located at S Linn St # 506, Iowa City, IA 52240. It has , 530 sqft of living space. This property is Tax Lien.
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This commercial property is available as a tax lien at S Linn St # 506. With 530 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Iowa City, specifically for S Linn St # 506 and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on S Linn St # 506 are updated daily along with others in Iowa City, Iowa, ensuring you have the most current and accurate information.
There are 4 schools in the area. Nearby schools include Iowa City High School and City High School.
There are plenty of activities near this property like Iowa City Public Library, Mercy Iowa City Hospital, and more.
Public transportation options include: The City of Iowa City's bus service provides convenient transit options for residents, connecting neighborhoods to downtown and the University., The Cambus system serves University of Iowa students and staff, offering free transportation throughout campus and the surrounding area.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Towers Park, Riverfront Crossings Park and more.
Services available in the area include cellular and internet options.
The property located at S Linn St # 506 in Iowa City, IA is listed as a Tax Lien
The property located at S Linn St # 506 in Iowa City, Iowa has a tax lien. When annual property taxes are delinquent, a lien is immediately placed against the property that must be paid in full before it can be sold. If a homeowner fails to pay his or her real estate taxes, the government or other taxing entity may attempt to sell the property. For this reason, valuable properties may sometimes be acquired for a fraction of their true value.Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
Here are the basic steps to follow:
There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
Status: Active
A tax lien has been filed due to unpaid property taxes. The owner may need to resolve this before transferring ownership.
Status: Active
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