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2691 Highway 1

Iowa City, IA 52240

7 bd 5 ba 5,976 sqft Built 2020 Lot 108,029 sqft single_family
Most recent sale
$841,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 20, 2024 Sold $1,240,000 IowaCity
Nov 9, 2024 Listed $1,445,000 CedarRapids
Sep 24, 2024 Price changed $1,450,000 UrbanAcresRealEstate
Sep 23, 2024 Price changed $1,450,000 IowaCity
Sep 22, 2024 Price changed $1,450,000 CedarRapids
May 16, 2024 Price changed $1,575,000 UrbanAcresRealEstate
May 14, 2024 Price changed $1,575,000 IowaCity
Mar 6, 2024 Price changed $1,595,000 UrbanAcresRealEstate
Mar 4, 2024 Price changed $1,595,000 CedarRapids
Jan 9, 2024 Listed $1,675,000 CedarRapids
Jan 8, 2024 Listed $1,675,000 UrbanAcresRealEstate
Jan 6, 2024 Listed $1,675,000 IowaCity
Dec 20, 2023 Listing removed IowaCity
Sep 25, 2023 Listed $1,675,000 UrbanAcresRealEstate
Sep 23, 2023 Listed $1,675,000 CedarRapids
Apr 22, 2022 Sold $841,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $939,400 $124,800 $1,064,200 $13,552
2024 $939,400 $124,800 $1,064,200 $13,328
2023 $861,400 $124,800 $986,200 $12,326
2022 $670,500 $124,800 $795,300 $7,460
2021 $426,200 $84,800 $511,000 $898
2020 $58,800 $58,800 $862
2019 $58,800 $58,800 $344

Property facts

Year built
2020
Property type
single_family
Stories
Beds
7
Baths
5
Living area
5,976 sqft
Lot size
108,029 sqft
ZIP code
52240
City
Iowa City
Street
Highway 1
Coordinates
41.73703, -91.47494

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,964
Gross rental yield
12.79%
Implied cap rate
8.31%
Trend-extrapolated value

Frequently asked questions

When did 2691 Highway 1 last sell?
2691 Highway 1 most recently sold on Apr 22, 2022 for $841,000.
What is the current tax assessment for 2691 Highway 1?
The most recent total assessment for 2691 Highway 1 (year 2025) is $1,064,200 with $13,552 in property tax.
How does 2691 Highway 1's assessment compare to its last sale price?
The current assessment is 26.5% above the last sale price of $841,000.
When was 2691 Highway 1 built?
2691 Highway 1 was built in 2020.
How does 2691 Highway 1 compare to others on Highway 1?
We track 8 other properties on Highway 1. Browse the list under "Other properties on Highway 1" to compare beds, baths, and sale history.
What are the property facts for 2691 Highway 1?
2691 Highway 1 is a 7 bed, 5 bath, 5,976 sqft, 108,029 sqft lot single_family.
Is 2691 Highway 1 a flip candidate?
No — 2691 Highway 1 does not appear in our flips dataset.
Is 2691 Highway 1 a tax-appeal candidate?
No — 2691 Highway 1 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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