2502 Nevada Ave
Iowa City, IA 52240
4 bd 2 ba 1,338 sqft Built 1971 Lot 10,890 sqft single_family
Most recent sale
$175,000
Dec 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 3, 2025 | Sold | $198,000 | IowaCity |
| Jan 8, 2025 | Listed | $198,000 | IowaCity |
| Dec 14, 2022 | Sold | $175,000 | CedarRapids |
| Jul 21, 2011 | Sold | $110,000 | Public Record |
| Apr 30, 2011 | Listed | $109,900 | IowaCity |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $145,030 | $48,600 | $193,630 | $3,246 |
| 2024 | $145,030 | $48,600 | $193,630 | $3,204 |
| 2023 | $129,850 | $40,500 | $170,350 | $3,074 |
| 2022 | $104,040 | $37,800 | $141,840 | $2,938 |
| 2021 | $104,040 | $37,800 | $141,840 | $2,914 |
| 2020 | $99,680 | $35,100 | $134,780 | $2,862 |
| 2019 | $99,680 | $35,100 | $134,780 | $2,644 |
| 2018 | $90,620 | $29,700 | $120,320 | $2,506 |
| 2017 | $85,530 | $29,700 | $115,230 | $2,466 |
| 2016 | $87,880 | $24,300 | $112,180 | $2,418 |
| 2015 | $87,880 | $24,300 | $112,180 | $2,378 |
| 2014 | $85,630 | $24,300 | $109,930 | $2,304 |
| 2013 | $85,630 | $24,300 | $109,930 | $2,298 |
| 2012 | $88,280 | $24,300 | $112,580 | $2,256 |
| 2007 | $88,850 | $24,300 | $113,150 | $1,952 |
| 2005 | $84,810 | $24,300 | $109,110 | $1,824 |
| 2004 | — | — | $103,710 | $1,656 |
Property facts
Year built
1971
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
1,338 sqft
Lot size
10,890 sqft
ZIP code
52240
City
Iowa City
Street
Nevada Ave
Coordinates
41.63188, -91.50188
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,007
Gross rental yield
13.76%
Implied cap rate
8.95%
Trend-extrapolated value
—
Frequently asked questions
When did 2502 Nevada Ave last sell?
2502 Nevada Ave most recently sold on Dec 14, 2022 for $175,000.
What is the current tax assessment for 2502 Nevada Ave?
The most recent total assessment for 2502 Nevada Ave (year 2025) is $193,630 with $3,246 in property tax.
How does 2502 Nevada Ave's assessment compare to its last sale price?
The current assessment is 10.6% above the last sale price of $175,000.
When was 2502 Nevada Ave built?
2502 Nevada Ave was built in 1971.
How does 2502 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 2502 Nevada Ave?
2502 Nevada Ave is a 4 bed, 2 bath, 1,338 sqft, 10,890 sqft lot single_family.
Is 2502 Nevada Ave a flip candidate?
No — 2502 Nevada Ave does not appear in our flips dataset.
Is 2502 Nevada Ave a tax-appeal candidate?
No — 2502 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