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472 Cherry Ave

Iowa City, IA 52240

3 bd 3 ba 1,831 sqft Built 2022 condos
Most recent sale
$339,973
Feb 16, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 16, 2023 Sold $339,973 IowaCity
Jan 3, 2023 Listing removed IowaCity
Oct 11, 2022 Listed $336,000 MLS #202205560
Aug 2, 2022 Listing removed IowaCity
Mar 31, 2022 Listed $336,000 MLS #202201780

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $277,110 $31,490 $308,600 $6,144
2024 $277,110 $31,490 $308,600 $6,068
2023 $294,580 $27,990 $322,570 $1,782

Property facts

Year built
2022
Property type
condos
Stories
Beds
3
Baths
3
Living area
1,831 sqft
Lot size
ZIP code
52240
City
Iowa City
Street
Cherry Ave
Coordinates
41.63651, -91.52954

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,747
Gross rental yield
9.70%
Implied cap rate
6.30%
Trend-extrapolated value

Frequently asked questions

When did 472 Cherry Ave last sell?
472 Cherry Ave most recently sold on Feb 16, 2023 for $339,973.
What is the current tax assessment for 472 Cherry Ave?
The most recent total assessment for 472 Cherry Ave (year 2025) is $308,600 with $6,144 in property tax.
How does 472 Cherry Ave's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $339,973.
When was 472 Cherry Ave built?
472 Cherry Ave was built in 2022.
How does 472 Cherry Ave compare to others on Cherry Ave?
We track 8 other properties on Cherry Ave. Browse the list under "Other properties on Cherry Ave" to compare beds, baths, and sale history.
What are the property facts for 472 Cherry Ave?
472 Cherry Ave is a 3 bed, 3 bath, 1,831 sqft condos.
Is 472 Cherry Ave a flip candidate?
No — 472 Cherry Ave does not appear in our flips dataset.
Is 472 Cherry Ave a tax-appeal candidate?
No — 472 Cherry Ave is not currently flagged as a tax-appeal candidate.

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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