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4551 Luke Dr

Iowa City, IA 52246

5 bd 3 ba 2,437 sqft Built 2024 Lot 9,148 sqft single_family
Most recent sale
$469,900
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 9, 2026 Listed $519,900 CedarRapids
Apr 15, 2024 Sold $469,900 IowaCity
Dec 23, 2023 Listed $469,900 IowaCity
Oct 9, 2023 Sold $243,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $396,110 $66,540 $462,650 $5,128
2024 $396,110 $66,540 $462,650 $138
2023 $7,380 $7,380 $160
2022 $7,380 $7,380 $152

Property facts

Year built
2024
Property type
single_family
Stories
Beds
5
Baths
3
Living area
2,437 sqft
Lot size
9,148 sqft
ZIP code
52246
City
Iowa City
Street
Luke Dr
Coordinates
41.64186, -91.60757

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
$3,656
Gross rental yield
9.34%
Implied cap rate
6.07%
Trend-extrapolated value

Frequently asked questions

When did 4551 Luke Dr last sell?
4551 Luke Dr most recently sold on Apr 15, 2024 for $469,900.
What is the current tax assessment for 4551 Luke Dr?
The most recent total assessment for 4551 Luke Dr (year 2025) is $462,650 with $5,128 in property tax.
How does 4551 Luke Dr's assessment compare to its last sale price?
The current assessment is 1.5% below the last sale price of $469,900.
When was 4551 Luke Dr built?
4551 Luke Dr was built in 2024.
How does 4551 Luke Dr compare to others on Luke Dr?
We track 8 other properties on Luke Dr. Browse the list under "Other properties on Luke Dr" to compare beds, baths, and sale history.
What are the property facts for 4551 Luke Dr?
4551 Luke Dr is a 5 bed, 3 bath, 2,437 sqft, 9,148 sqft lot single_family.
Is 4551 Luke Dr a flip candidate?
Yes — 4551 Luke Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4551 Luke Dr a tax-appeal candidate?
No — 4551 Luke Dr 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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