4885 Preston Ln
Iowa City, IA 52246
3 bd 3 ba 1,979 sqft Built 2019 condos
Most recent sale
$335,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $335,000 | MLS #202203157 |
| May 27, 2022 | Listed | $349,900 | MLS #144824 |
| Jun 26, 2020 | Sold | $291,821 | MLS #20195954 |
| Sep 25, 2019 | Listed | $274,900 | MLS #20195954 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $287,260 | $30,310 | $317,570 | $6,130 |
| 2024 | $287,260 | $30,310 | $317,570 | $6,054 |
| 2023 | $291,470 | $30,310 | $321,780 | $5,934 |
| 2022 | $243,490 | $30,310 | $273,800 | $5,670 |
| 2021 | $243,490 | $30,310 | $273,800 | $3,146 |
| 2020 | $115,220 | $30,310 | $145,530 | $50 |
Property facts
Year built
2019
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,979 sqft
Lot size
—
ZIP code
52246
City
Iowa City
Street
Preston Ln
Coordinates
41.66604, -91.60156
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,969
Gross rental yield
10.64%
Implied cap rate
6.91%
Trend-extrapolated value
—
Frequently asked questions
When did 4885 Preston Ln last sell?
4885 Preston Ln most recently sold on Aug 5, 2022 for $335,000.
What is the current tax assessment for 4885 Preston Ln?
The most recent total assessment for 4885 Preston Ln (year 2025) is $317,570 with $6,130 in property tax.
How does 4885 Preston Ln's assessment compare to its last sale price?
The current assessment is 5.2% below the last sale price of $335,000.
When was 4885 Preston Ln built?
4885 Preston Ln was built in 2019.
How does 4885 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 4885 Preston Ln?
4885 Preston Ln is a 3 bed, 3 bath, 1,979 sqft condos.
Is 4885 Preston Ln a flip candidate?
No — 4885 Preston Ln does not appear in our flips dataset.
Is 4885 Preston Ln a tax-appeal candidate?
No — 4885 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