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1531 Center Ave

Iowa City, IA 52240

3 bd 2 ba 1,706 sqft Built 1939 Lot 4,792 sqft single_family
Most recent sale
$190,000
Aug 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 17, 2022 Sold $190,000 MLS #202203939
Jul 6, 2022 Listed $190,000 MLS #202203939

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $218,810 $64,450 $283,260 $4,806
2024 $218,810 $64,450 $283,260 $4,866
2023 $215,900 $60,290 $276,190 $4,578
2022 $150,900 $60,290 $211,190 $4,188
2021 $150,900 $60,290 $211,190 $4,242
2020 $146,560 $58,210 $204,770 $4,160
2019 $146,560 $58,210 $204,770 $3,946
2018 $134,090 $54,050 $188,140 $3,900
2017 $134,090 $54,050 $188,140 $3,850
2016 $133,750 $49,900 $183,650 $3,770
2015 $133,750 $49,900 $183,650 $3,644
2014 $127,300 $49,900 $177,200 $3,528
2013 $127,300 $49,900 $177,200 $3,160
2012 $114,110 $49,900 $164,010 $3,138
2007 $104,780 $49,900 $154,680 $2,624
2005 $104,780 $49,900 $154,680 $2,222

Property facts

Year built
1939
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,706 sqft
Lot size
4,792 sqft
ZIP code
52240
City
Iowa City
Street
Center Ave
Coordinates
41.65376, -91.51303

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,140
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1531 Center Ave last sell?
1531 Center Ave most recently sold on Aug 17, 2022 for $190,000.
What is the current tax assessment for 1531 Center Ave?
The most recent total assessment for 1531 Center Ave (year 2025) is $283,260 with $4,806 in property tax.
How does 1531 Center Ave's assessment compare to its last sale price?
The current assessment is 49.1% above the last sale price of $190,000.
When was 1531 Center Ave built?
1531 Center Ave was built in 1939.
How does 1531 Center Ave compare to others on Center Ave?
We track 5 other properties on Center Ave. Browse the list under "Other properties on Center Ave" to compare beds, baths, and sale history.
What are the property facts for 1531 Center Ave?
1531 Center Ave is a 3 bed, 2 bath, 1,706 sqft, 4,792 sqft lot single_family.
Is 1531 Center Ave a flip candidate?
No — 1531 Center Ave does not appear in our flips dataset.
Is 1531 Center Ave a tax-appeal candidate?
Yes — 1531 Center Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.8%
Implied 1-yr
-15.0%
2026 Q3
$332.1K
2026 Q4
$315.6K
ZIP 52240 — Median Price History + Forecast

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