2427 Nevada Ave
Iowa City, IA 52240
4 bd 2 ba 1,658 sqft Built 1970 Lot 7,492 sqft single_family
Most recent sale
$205,000
May 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 18, 2022 | Sold | $205,000 | MLS #202201395 |
| Mar 20, 2022 | Price changed | $225,000 | MLS #202201395 |
| Mar 12, 2022 | Listed | $240,000 | MLS #202201395 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $140,260 | $53,240 | $193,500 | $3,078 |
| 2024 | $140,260 | $53,240 | $193,500 | $3,034 |
| 2023 | $127,430 | $44,360 | $171,790 | $3,032 |
| 2022 | $107,310 | $41,410 | $148,720 | $2,894 |
| 2021 | $107,310 | $41,410 | $148,720 | $2,868 |
| 2020 | $102,820 | $38,450 | $141,270 | $2,812 |
| 2019 | $102,820 | $38,450 | $141,270 | $2,564 |
| 2018 | $92,660 | $32,530 | $125,190 | $2,394 |
| 2017 | $86,340 | $32,530 | $118,870 | $2,320 |
| 2016 | $87,450 | $26,620 | $114,070 | $2,270 |
| 2015 | $87,450 | $26,620 | $114,070 | $2,270 |
| 2014 | $87,070 | $26,620 | $113,690 | $2,196 |
| 2013 | $87,070 | $26,620 | $113,690 | $2,188 |
| 2012 | $89,770 | $26,620 | $116,390 | $2,184 |
| 2007 | $88,560 | $26,620 | $115,180 | $1,846 |
| 2005 | $84,530 | $26,620 | $111,150 | $1,662 |
| 2004 | — | — | $102,690 | $1,486 |
Property facts
Year built
1970
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,658 sqft
Lot size
7,492 sqft
ZIP code
52240
City
Iowa City
Street
Nevada Ave
Coordinates
41.63254, -91.50253
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,230
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2427 Nevada Ave last sell?
2427 Nevada Ave most recently sold on May 18, 2022 for $205,000.
What is the current tax assessment for 2427 Nevada Ave?
The most recent total assessment for 2427 Nevada Ave (year 2025) is $193,500 with $3,078 in property tax.
How does 2427 Nevada Ave's assessment compare to its last sale price?
The current assessment is 5.6% below the last sale price of $205,000.
When was 2427 Nevada Ave built?
2427 Nevada Ave was built in 1970.
How does 2427 Nevada Ave compare to others on Nevada Ave?
We track 8 other properties on Nevada Ave. Browse the list under "Other properties on Nevada Ave" to compare beds, baths, and sale history.
What are the property facts for 2427 Nevada Ave?
2427 Nevada Ave is a 4 bed, 2 bath, 1,658 sqft, 7,492 sqft lot single_family.
Is 2427 Nevada Ave a flip candidate?
No — 2427 Nevada Ave does not appear in our flips dataset.
Is 2427 Nevada Ave a tax-appeal candidate?
No — 2427 Nevada Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.8%
Implied 1-yr
-15.0%
2026 Q3
$332.1K
2026 Q4
$315.6K
ZIP 52240 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Nevada Ave