501 3rd Ave
Iowa City, IA 52245
4 bd 2 ba 1,037 sqft Built 1955 Lot 7,187 sqft single_family
Most recent sale
$235,500
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2023 | Sold | $340,000 | Public Record |
| Sep 2, 2022 | Sold | $235,500 | MLS #202204024 |
| Jul 18, 2022 | Price changed | $239,500 | MLS #202204024 |
| Jul 8, 2022 | Listed | $245,000 | MLS #202204024 |
| May 10, 2019 | Sold | $196,000 | MLS #20191001 |
| Mar 20, 2019 | Price changed | $195,000 | MLS #20191001 |
| Feb 21, 2019 | Listed | $199,900 | MLS #20191001 |
| Aug 24, 2018 | Listed | $200,000 | MLS #20185041 |
| Oct 11, 2017 | Sold | $192,500 | MLS #20173637 |
| Aug 29, 2017 | Sold | $192,500 | Public Record |
| Jun 15, 2017 | Listed | $192,500 | MLS #20173637 |
| Aug 1, 2006 | Sold | $142,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $195,490 | $53,250 | $248,740 | $4,212 |
| 2024 | $195,490 | $53,250 | $248,740 | $4,154 |
| 2023 | $183,700 | $47,640 | $231,340 | $3,920 |
| 2022 | $144,880 | $44,840 | $189,720 | $3,744 |
| 2021 | $144,880 | $44,840 | $189,720 | $3,696 |
| 2020 | $137,450 | $42,040 | $179,490 | $3,624 |
| 2019 | $137,450 | $42,040 | $179,490 | $3,592 |
| 2018 | $124,280 | $39,240 | $163,520 | $2,908 |
| 2017 | $103,240 | $39,240 | $142,480 | $2,914 |
| 2016 | $101,800 | $39,240 | $141,040 | $2,852 |
| 2015 | $101,800 | $39,240 | $141,040 | $2,640 |
| 2014 | $91,540 | $39,240 | $130,780 | $2,554 |
| 2013 | $91,540 | $39,240 | $130,780 | $2,482 |
| 2012 | $91,540 | $39,240 | $130,780 | $2,472 |
| 2007 | $93,400 | $39,240 | $132,640 | $2,230 |
| 2005 | $93,400 | $39,240 | $132,640 | $1,844 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,037 sqft
Lot size
7,187 sqft
ZIP code
52245
City
Iowa City
Street
3rd Ave
Coordinates
41.65514, -91.50517
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,556
Gross rental yield
7.93%
Implied cap rate
5.15%
Trend-extrapolated value
—
Frequently asked questions
When did 501 3rd Ave last sell?
501 3rd Ave most recently sold on Sep 2, 2022 for $235,500.
What is the current tax assessment for 501 3rd Ave?
The most recent total assessment for 501 3rd Ave (year 2025) is $248,740 with $4,212 in property tax.
How does 501 3rd Ave's assessment compare to its last sale price?
The current assessment is 5.6% above the last sale price of $235,500.
When was 501 3rd Ave built?
501 3rd Ave was built in 1955.
How does 501 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 501 3rd Ave?
501 3rd Ave is a 4 bed, 2 bath, 1,037 sqft, 7,187 sqft lot single_family.
Is 501 3rd Ave a flip candidate?
Yes — 501 3rd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 501 3rd Ave a tax-appeal candidate?
No — 501 3rd 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
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$466.5K
2026 Q4
$476.6K
ZIP 52245 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd Ave