4845 Preston Ln
Iowa City, IA 52246
3 bd 3 ba 1,999 sqft Built 2021 townhomes
Most recent sale
$349,900
Dec 30, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2023 | Price changed for rent | $2,350 | AppfolioUnits |
| Aug 14, 2023 | Price changed for rent | $2,350 | Rently |
| Jun 3, 2023 | Price changed for rent | $2,500 | AppfolioUnits |
| Jun 1, 2023 | Price changed for rent | $2,500 | Rently |
| May 20, 2023 | Listed for rent | $2,550 | AppfolioUnits |
| May 18, 2023 | Listed for rent | $2,550 | Rently |
| Dec 30, 2021 | Sold | $349,900 | MLS #202102820 |
| May 7, 2021 | Listed | $349,900 | MLS #2102954 |
| Nov 2, 2020 | Sold | $160,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $292,560 | $30,310 | $322,870 | $6,002 |
| 2024 | $292,560 | $30,310 | $322,870 | $5,922 |
| 2023 | $295,010 | $30,310 | $325,320 | $5,784 |
| 2022 | $245,450 | $30,310 | $275,760 | $1,344 |
| 2021 | $34,610 | $30,310 | $64,920 | $656 |
| 2020 | — | $30,310 | $30,310 | $50 |
Property facts
Year built
2021
Property type
townhomes
Stories
—
Beds
3
Baths
3
Living area
1,999 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 adviceEstimated monthly rent
$2,999
Gross rental yield
10.29%
Implied cap rate
6.69%
Trend-extrapolated value
—
Frequently asked questions
When did 4845 Preston Ln last sell?
4845 Preston Ln most recently sold on Dec 30, 2021 for $349,900.
What is the current tax assessment for 4845 Preston Ln?
The most recent total assessment for 4845 Preston Ln (year 2025) is $322,870 with $6,002 in property tax.
How does 4845 Preston Ln's assessment compare to its last sale price?
The current assessment is 7.7% below the last sale price of $349,900.
When was 4845 Preston Ln built?
4845 Preston Ln was built in 2021.
How does 4845 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 4845 Preston Ln?
4845 Preston Ln is a 3 bed, 3 bath, 1,999 sqft townhomes.
Is 4845 Preston Ln a flip candidate?
Yes — 4845 Preston Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4845 Preston Ln a tax-appeal candidate?
No — 4845 Preston Ln 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
-15.2%
2026 Q3
$312.1K
2026 Q4
$296.4K
ZIP 52246 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Preston Ln