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407 Elmridge Ave

Iowa City, IA 52245

3 bd 2 ba 1,481 sqft Built 1956 Lot 9,148 sqft single_family
Most recent sale
$170,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 7, 2023 Sold $266,500 IowaCity
Nov 2, 2022 Price changed $270,000 IowaCity
Nov 2, 2022 Listed $270,000 CedarRapids
Oct 21, 2022 Listed $285,000 IowaCity
Apr 22, 2022 Sold $170,000 MLS #202201669
Mar 25, 2022 Listed $170,000 MLS #202201669
Oct 11, 2017 Sold $149,900 MLS #20151126
Jun 10, 2015 Sold $150,000 Public Record
Feb 27, 2015 Listed $149,900 MLS #20151126
Jan 23, 2012 Sold $138,500 Public Record
Nov 25, 2011 Listed $139,900 MLS #20116115
Nov 20, 2011 Listing removed $144,900 IowaCity
Jul 20, 2011 Listed $144,900 MLS #20114356
Jul 28, 2008 Sold $132,000 Public Record
Apr 26, 2006 Sold $123,000 Public Record
Jun 28, 2004 Sold $110,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,910 $61,000 $285,910 $4,890
2024 $224,910 $61,000 $285,910 $4,824
2023 $213,090 $53,820 $266,910 $3,538
2022 $116,560 $46,640 $163,200 $3,194
2021 $116,560 $46,640 $163,200 $3,160
2020 $111,660 $43,060 $154,720 $3,098
2019 $111,660 $43,060 $154,720 $2,860
2018 $99,200 $39,470 $138,670 $2,826
2017 $99,200 $39,470 $138,670 $2,716
2016 $99,810 $32,290 $132,100 $2,848
2015 $99,810 $32,290 $132,100 $2,508
2014 $92,380 $32,290 $124,670 $2,426
2013 $92,380 $32,290 $124,670 $2,356
2012 $92,380 $32,290 $124,670 $2,422
2007 $86,710 $32,290 $119,000 $1,968
2005 $85,730 $32,290 $118,020 $1,836
2004 $112,530 $1,652

Property facts

Year built
1956
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,481 sqft
Lot size
9,148 sqft
ZIP code
52245
City
Iowa City
Street
Elmridge Ave
Coordinates
41.65640, -91.49942

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Elmridge Ave last sell?
407 Elmridge Ave most recently sold on Apr 22, 2022 for $170,000.
What is the current tax assessment for 407 Elmridge Ave?
The most recent total assessment for 407 Elmridge Ave (year 2025) is $285,910 with $4,890 in property tax.
How does 407 Elmridge Ave's assessment compare to its last sale price?
The current assessment is 68.2% above the last sale price of $170,000.
When was 407 Elmridge Ave built?
407 Elmridge Ave was built in 1956.
How does 407 Elmridge Ave compare to others on Elmridge Ave?
We track 8 other properties on Elmridge Ave. Browse the list under "Other properties on Elmridge Ave" to compare beds, baths, and sale history.
What are the property facts for 407 Elmridge Ave?
407 Elmridge Ave is a 3 bed, 2 bath, 1,481 sqft, 9,148 sqft lot single_family.
Is 407 Elmridge Ave a flip candidate?
Yes — 407 Elmridge Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 407 Elmridge Ave a tax-appeal candidate?
No — 407 Elmridge 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
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$466.5K
2026 Q4
$476.6K
ZIP 52245 — Median Price History + Forecast

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