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2854 Sterling Dr

Iowa City, IA 52240

3 bd 2 ba 1,428 sqft Built 1981 Lot 6,970 sqft single_family
Most recent sale
$246,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $246,000 MLS #202201060
Mar 1, 2022 Listed $239,900 MLS #202201060
Jan 30, 2018 Sold $192,000 MLS #20176187
Dec 8, 2017 Listed $192,000 MLS #20176187
Dec 7, 2017 Listed $192,000 MLS #1710201
Oct 11, 2017 Sold $172,000 MLS #20172237
Jun 20, 2017 Sold $172,000 Public Record
Apr 5, 2017 Listed $169,900 MLS #20172237
Jun 4, 2015 Listing removed $167,500 IowaCity
May 6, 2015 Price changed $167,500 MLS #20151291
Mar 9, 2015 Listed $172,500 MLS #20151291
Jun 26, 2008 Sold $160,500 Public Record
Jul 18, 2006 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $209,980 $45,900 $255,880 $4,386
2024 $209,980 $45,900 $255,880 $4,328
2023 $197,320 $43,200 $240,520 $4,066
2022 $155,970 $40,500 $196,470 $3,884
2021 $155,970 $40,500 $196,470 $3,868
2020 $149,710 $37,800 $187,510 $3,794
2019 $149,710 $37,800 $187,510 $3,598
2018 $137,160 $35,100 $172,260 $3,336
2017 $127,120 $35,100 $162,220 $3,228
2016 $114,460 $32,400 $146,860 $3,166
2015 $114,460 $32,400 $146,860 $3,094
2014 $110,610 $32,400 $143,010 $2,998
2013 $110,610 $32,400 $143,010 $2,732
2012 $110,610 $32,400 $143,010 $2,718
2007 $112,290 $27,000 $139,290 $2,350
2005 $112,290 $27,000 $139,290 $1,900
2004 $116,200 $1,796

Property facts

Year built
1981
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,428 sqft
Lot size
6,970 sqft
ZIP code
52240
City
Iowa City
Street
Sterling Dr
Coordinates
41.64226, -91.49062

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,142
Gross rental yield
10.45%
Implied cap rate
6.79%
Trend-extrapolated value

Frequently asked questions

When did 2854 Sterling Dr last sell?
2854 Sterling Dr most recently sold on Apr 18, 2022 for $246,000.
What is the current tax assessment for 2854 Sterling Dr?
The most recent total assessment for 2854 Sterling Dr (year 2025) is $255,880 with $4,386 in property tax.
How does 2854 Sterling Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $246,000.
When was 2854 Sterling Dr built?
2854 Sterling Dr was built in 1981.
How does 2854 Sterling Dr compare to others on Sterling Dr?
We track 8 other properties on Sterling Dr. Browse the list under "Other properties on Sterling Dr" to compare beds, baths, and sale history.
What are the property facts for 2854 Sterling Dr?
2854 Sterling Dr is a 3 bed, 2 bath, 1,428 sqft, 6,970 sqft lot single_family.
Is 2854 Sterling Dr a flip candidate?
No — 2854 Sterling Dr does not appear in our flips dataset.
Is 2854 Sterling Dr a tax-appeal candidate?
No — 2854 Sterling 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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