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3088 Highway 1

Iowa City, IA 52240

3 bd 2 ba 2,582 sqft Built 1956 Lot 106,286 sqft single_family
Most recent sale
$385,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $385,000 MLS #202203456
Jul 22, 2022 Price changed $385,000 MLS #202203456
Jun 10, 2022 Listed $400,000 MLS #2205122
Jun 2, 2022 Sold $280,000 MLS #202203231

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $299,200 $84,400 $383,600 $5,128
2024 $299,200 $84,400 $383,600 $5,074
2023 $291,100 $84,400 $375,500 $4,570
2022 $210,500 $84,400 $294,900 $4,124
2021 $210,500 $84,400 $294,900 $3,938
2020 $200,500 $69,400 $269,900 $3,782
2019 $200,500 $69,400 $269,900 $3,798
2018 $257,300 $3,724
2017 $187,900 $69,400 $257,300 $3,642
2016 $182,400 $69,400 $251,800 $3,524
2015 $183,600 $69,400 $253,000 $3,500
2014 $177,700 $69,400 $247,100 $3,356
2013 $177,700 $69,400 $247,100 $3,304
2012 $182,400 $69,400 $251,800 $3,226
2011 $182,400 $69,400 $251,800 $3,186
2010 $182,400 $69,400 $251,800 $3,120
2007 $182,400 $69,600 $252,000 $2,846
2005 $182,400 $69,600 $252,000 $2,838

Property facts

Year built
1956
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,582 sqft
Lot size
106,286 sqft
ZIP code
52240
City
Iowa City
Street
Highway 1
Coordinates
41.70876, -91.48223

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,873
Gross rental yield
12.07%
Implied cap rate
7.85%
Trend-extrapolated value

Frequently asked questions

When did 3088 Highway 1 last sell?
3088 Highway 1 most recently sold on Sep 9, 2022 for $385,000.
What is the current tax assessment for 3088 Highway 1?
The most recent total assessment for 3088 Highway 1 (year 2025) is $383,600 with $5,128 in property tax.
How does 3088 Highway 1's assessment compare to its last sale price?
The current assessment is 0.4% below the last sale price of $385,000.
When was 3088 Highway 1 built?
3088 Highway 1 was built in 1956.
How does 3088 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 3088 Highway 1?
3088 Highway 1 is a 3 bed, 2 bath, 2,582 sqft, 106,286 sqft lot single_family.
Is 3088 Highway 1 a flip candidate?
Yes — 3088 Highway 1 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3088 Highway 1 a tax-appeal candidate?
No — 3088 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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