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4809 Preston Ln

Iowa City, IA 52246

3 bd 3 ba 1,909 sqft Built 2021 condos
Most recent sale
$360,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2024 Sold $393,000 IowaCity
Mar 8, 2024 Listed $393,000 IowaCity
Jul 13, 2022 Sold $360,000 Public Record
Jul 11, 2022 Sold $362,826 MLS #202200281
May 25, 2022 Listed $359,900 MLS #2204605
Jan 15, 2022 Listed $359,900 MLS #202200281
Sep 3, 2021 Sold $180,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $294,200 $30,310 $324,510 $6,228
2024 $294,200 $30,310 $324,510 $6,150
2023 $296,590 $30,310 $326,900 $2,796
2022 $98,690 $30,310 $129,000 $628
2021 $30,310 $30,310 $656
2020 $30,310 $30,310 $50

Property facts

Year built
2021
Property type
condos
Stories
Beds
3
Baths
3
Living area
1,909 sqft
Lot size
ZIP code
52246
City
Iowa City
Street
Preston Ln
Coordinates
41.66673, -91.60623

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,864
Gross rental yield
9.55%
Implied cap rate
6.21%
Trend-extrapolated value

Frequently asked questions

When did 4809 Preston Ln last sell?
4809 Preston Ln most recently sold on Jul 13, 2022 for $360,000.
What is the current tax assessment for 4809 Preston Ln?
The most recent total assessment for 4809 Preston Ln (year 2025) is $324,510 with $6,228 in property tax.
How does 4809 Preston Ln's assessment compare to its last sale price?
The current assessment is 9.9% below the last sale price of $360,000.
When was 4809 Preston Ln built?
4809 Preston Ln was built in 2021.
How does 4809 Preston Ln compare to others on Preston Ln?
We track 8 other properties on Preston Ln. Browse the list under "Other properties on Preston Ln" to compare beds, baths, and sale history.
What are the property facts for 4809 Preston Ln?
4809 Preston Ln is a 3 bed, 3 bath, 1,909 sqft condos.
Is 4809 Preston Ln a flip candidate?
Yes — 4809 Preston Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4809 Preston Ln a tax-appeal candidate?
No — 4809 Preston Ln 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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