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4821 Preston Ln

Iowa City, IA 52246

3 bd 3 ba 1,971 sqft Built 2022 townhomes
Most recent sale
$180,000
Sep 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 8, 2023 Sold $354,900 CedarRapids
Sep 9, 2022 Price changed $354,900 MLS #2203161
Apr 6, 2022 Listed $379,900 MLS #2203161
Jan 21, 2022 Listed $379,900 MLS #202200396
Sep 3, 2021 Sold $180,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $288,360 $30,310 $318,670 $5,920
2024 $288,360 $30,310 $318,670 $6,122
2023 $295,100 $30,310 $325,410 $2,786
2022 $98,200 $30,310 $128,510 $628
2021 $30,310 $30,310 $656
2020 $30,310 $30,310 $50

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,971 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
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4821 Preston Ln last sell?
4821 Preston Ln most recently sold on Sep 3, 2021 for $180,000.
What is the current tax assessment for 4821 Preston Ln?
The most recent total assessment for 4821 Preston Ln (year 2025) is $318,670 with $5,920 in property tax.
How does 4821 Preston Ln's assessment compare to its last sale price?
The current assessment is 77.0% above the last sale price of $180,000.
When was 4821 Preston Ln built?
4821 Preston Ln was built in 2022.
How does 4821 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 4821 Preston Ln?
4821 Preston Ln is a 3 bed, 3 bath, 1,971 sqft townhomes.
Is 4821 Preston Ln a flip candidate?
Yes — 4821 Preston Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4821 Preston Ln a tax-appeal candidate?
No — 4821 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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