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2049 Sherman Dr

Iowa City, IA 52240

3 bd 2 ba 1,435 sqft Built 2008 Lot 7,841 sqft single_family
Most recent sale
$299,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2023 Listed for rent $900 Avail
Jul 5, 2023 Listed for rent $900 Avail
Jun 4, 2023 Listed for rent $900 Avail
May 13, 2023 Listed for rent $900 Avail
Apr 21, 2023 Listed for rent $950 Avail
Mar 30, 2023 Listed for rent $950 Avail
Feb 15, 2023 Listed for rent $950 Avail
Jun 3, 2022 Sold $299,000 MLS #202201788
Mar 31, 2022 Listed $275,000 MLS #202201788
Jun 3, 2011 Sold $202,000 Public Record
Apr 9, 2011 Listed $209,900 MLS #20112350
Jun 30, 2008 Sold $200,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $257,020 $63,710 $320,730 $5,670
2024 $257,020 $63,710 $320,730 $5,598
2023 $239,990 $57,640 $297,630 $5,238
2022 $190,080 $51,580 $241,660 $4,820
2021 $190,080 $51,580 $241,660 $4,854
2020 $184,550 $48,540 $233,090 $4,762
2019 $184,550 $48,540 $233,090 $4,530
2018 $169,210 $45,510 $214,720 $4,478
2017 $169,210 $45,510 $214,720 $4,302
2016 $167,840 $36,410 $204,250 $4,214
2015 $167,840 $36,410 $204,250 $3,996
2014 $157,010 $36,410 $193,420 $3,868
2013 $157,010 $36,410 $193,420 $3,760
2012 $157,010 $36,410 $193,420 $3,728
2007 $155,800 $36,410 $192,210 $6
2005 $310 $310 $8

Property facts

Year built
2008
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,435 sqft
Lot size
7,841 sqft
ZIP code
52240
City
Iowa City
Street
Sherman Dr
Coordinates
41.63092, -91.51088

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,153
Gross rental yield
8.64%
Implied cap rate
5.62%
Trend-extrapolated value

Frequently asked questions

When did 2049 Sherman Dr last sell?
2049 Sherman Dr most recently sold on Jun 3, 2022 for $299,000.
What is the current tax assessment for 2049 Sherman Dr?
The most recent total assessment for 2049 Sherman Dr (year 2025) is $320,730 with $5,670 in property tax.
How does 2049 Sherman Dr's assessment compare to its last sale price?
The current assessment is 7.3% above the last sale price of $299,000.
When was 2049 Sherman Dr built?
2049 Sherman Dr was built in 2008.
How does 2049 Sherman Dr compare to others on Sherman Dr?
We track 8 other properties on Sherman Dr. Browse the list under "Other properties on Sherman Dr" to compare beds, baths, and sale history.
What are the property facts for 2049 Sherman Dr?
2049 Sherman Dr is a 3 bed, 2 bath, 1,435 sqft, 7,841 sqft lot single_family.
Is 2049 Sherman Dr a flip candidate?
No — 2049 Sherman Dr does not appear in our flips dataset.
Is 2049 Sherman Dr a tax-appeal candidate?
No — 2049 Sherman Dr 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
-15.0%
2026 Q3
$332.1K
2026 Q4
$315.6K
ZIP 52240 — Median Price History + Forecast

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