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316 Lee St

Iowa City, IA 52246

4 bd 3 ba 3,133 sqft Built 1941 Lot 18,295 sqft single_family
Most recent sale
$620,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2023 Sold $875,000 IowaCity
Jul 29, 2022 Sold $620,000 MLS #202203686
Jun 22, 2022 Listed $575,000 MLS #2205183

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $698,030 $150,740 $848,770 $14,354
2024 $698,030 $150,740 $848,770 $11,526
2023 $481,550 $141,600 $623,150 $11,120
2022 $380,550 $132,470 $513,020 $10,438
2021 $380,550 $132,470 $513,020 $10,570
2020 $369,510 $127,900 $497,410 $10,372
2019 $369,510 $127,900 $497,410 $9,988
2018 $344,360 $118,760 $463,120 $9,878
2017 $344,360 $118,760 $463,120 $10,016
2016 $345,400 $118,760 $464,160 $9,902
2015 $349,360 $118,760 $468,120 $9,454
2014 $327,010 $118,760 $445,770 $9,156
2013 $327,010 $118,760 $445,770 $8,910
2012 $327,010 $118,760 $445,770 $8,786
2007 $249,690 $118,760 $368,450 $6,448
2005 $249,690 $118,760 $368,450 $5,758

Property facts

Year built
1941
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,133 sqft
Lot size
18,295 sqft
ZIP code
52246
City
Iowa City
Street
Lee St
Coordinates
41.66807, -91.55076

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
$4,700
Gross rental yield
9.10%
Implied cap rate
5.91%
Trend-extrapolated value

Frequently asked questions

When did 316 Lee St last sell?
316 Lee St most recently sold on Jul 29, 2022 for $620,000.
What is the current tax assessment for 316 Lee St?
The most recent total assessment for 316 Lee St (year 2025) is $848,770 with $14,354 in property tax.
How does 316 Lee St's assessment compare to its last sale price?
The current assessment is 36.9% above the last sale price of $620,000.
When was 316 Lee St built?
316 Lee St was built in 1941.
How does 316 Lee St compare to others on Lee St?
We track 7 other properties on Lee St. Browse the list under "Other properties on Lee St" to compare beds, baths, and sale history.
What are the property facts for 316 Lee St?
316 Lee St is a 4 bed, 3 bath, 3,133 sqft, 18,295 sqft lot single_family.
Is 316 Lee St a flip candidate?
Yes — 316 Lee St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 316 Lee St a tax-appeal candidate?
No — 316 Lee St 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
-15.2%
2026 Q3
$312.1K
2026 Q4
$296.4K
ZIP 52246 — Median Price History + Forecast

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