1119 1st Ave
Iowa City, IA 52240
3 bd 2 ba 1,028 sqft Built 1940 Lot 12,000 sqft single_family
Most recent sale
$165,000
Aug 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 23, 2022 | Sold | $165,000 | MLS #202203193 |
| Jun 20, 2022 | Price changed | $174,900 | MLS #202203193 |
| Jun 1, 2022 | Listed | $179,900 | MLS #202203193 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $112,980 | $57,600 | $170,580 | $2,980 |
| 2024 | $112,980 | $57,600 | $170,580 | $2,942 |
| 2023 | $105,210 | $51,200 | $156,410 | $2,836 |
| 2022 | $82,840 | $48,000 | $130,840 | $2,710 |
| 2021 | $82,840 | $48,000 | $130,840 | $2,668 |
| 2020 | $78,600 | $44,800 | $123,400 | $2,620 |
| 2019 | $78,600 | $44,800 | $123,400 | $2,490 |
| 2018 | $71,720 | $41,600 | $113,320 | $2,464 |
| 2017 | $71,720 | $41,600 | $113,320 | $2,434 |
| 2016 | $72,340 | $38,400 | $110,740 | $2,386 |
| 2015 | $72,340 | $38,400 | $110,740 | $2,366 |
| 2014 | $70,950 | $38,400 | $109,350 | $2,292 |
| 2013 | $70,950 | $38,400 | $109,350 | $2,232 |
| 2012 | $70,950 | $38,400 | $109,350 | $2,192 |
| 2007 | $68,460 | $38,400 | $106,860 | $1,910 |
| 2005 | $68,460 | $38,400 | $106,860 | $1,750 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,028 sqft
Lot size
12,000 sqft
ZIP code
52240
City
Iowa City
Street
1st Ave
Coordinates
41.64783, -91.50241
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,542
Gross rental yield
11.21%
Implied cap rate
7.29%
Trend-extrapolated value
—
Frequently asked questions
When did 1119 1st Ave last sell?
1119 1st Ave most recently sold on Aug 23, 2022 for $165,000.
What is the current tax assessment for 1119 1st Ave?
The most recent total assessment for 1119 1st Ave (year 2025) is $170,580 with $2,980 in property tax.
How does 1119 1st Ave's assessment compare to its last sale price?
The current assessment is 3.4% above the last sale price of $165,000.
When was 1119 1st Ave built?
1119 1st Ave was built in 1940.
How does 1119 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 1119 1st Ave?
1119 1st Ave is a 3 bed, 2 bath, 1,028 sqft, 12,000 sqft lot single_family.
Is 1119 1st Ave a flip candidate?
No — 1119 1st Ave does not appear in our flips dataset.
Is 1119 1st Ave a tax-appeal candidate?
No — 1119 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.8%
Implied 1-yr
-15.0%
2026 Q3
$332.1K
2026 Q4
$315.6K
ZIP 52240 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave