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2948 Sterling Dr

Iowa City, IA 52240

4 bd 3 ba 2,501 sqft Built 2013 Lot 8,712 sqft single_family
Most recent sale
$405,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $405,000 Public Record
Jun 15, 2022 Sold $405,000 MLS #202202342
Apr 22, 2022 Listed $399,000 MLS #2203618
Oct 11, 2017 Sold $288,000 MLS #20132894
Apr 18, 2014 Listing removed $283,000 CedarRapids
Apr 18, 2014 Sold $288,000 Public Record
Jul 27, 2013 Price changed $283,000 MLS #1303692
Jul 26, 2013 Price changed $283,000 MLS #20132894
Jul 26, 2013 Listing removed $59,000 IowaCity
May 24, 2013 Listed $279,900 MLS #1303692
May 22, 2013 Listed $279,900 MLS #20132894
Apr 1, 2013 Listing removed $59,000 CedarRapids
Sep 5, 2012 Listed $59,000 MLS #1206527
Sep 1, 2012 Listed $59,000 MLS #20124955

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $347,550 $63,610 $411,160 $7,436
2024 $347,550 $63,610 $411,160 $7,338
2023 $336,960 $63,610 $400,570 $6,884
2022 $269,600 $56,920 $326,520 $6,576
2021 $269,600 $56,920 $326,520 $6,582
2020 $259,460 $53,570 $313,030 $6,628
2019 $267,470 $53,570 $321,040 $6,234
2018 $245,370 $46,870 $292,240 $6,164
2017 $245,370 $46,870 $292,240 $6,098
2016 $239,020 $46,870 $285,890 $5,974
2015 $239,020 $46,870 $285,890 $5,558
2014 $218,780 $46,870 $265,650 $104
2012 $5,000 $5,000 $658
2005 $550 $550 $10

Property facts

Year built
2013
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,501 sqft
Lot size
8,712 sqft
ZIP code
52240
City
Iowa City
Street
Sterling Dr
Coordinates
41.64228, -91.48846

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,752
Gross rental yield
11.12%
Implied cap rate
7.23%
Trend-extrapolated value

Frequently asked questions

When did 2948 Sterling Dr last sell?
2948 Sterling Dr most recently sold on Jun 27, 2022 for $405,000.
What is the current tax assessment for 2948 Sterling Dr?
The most recent total assessment for 2948 Sterling Dr (year 2025) is $411,160 with $7,436 in property tax.
How does 2948 Sterling Dr's assessment compare to its last sale price?
The current assessment is 1.5% above the last sale price of $405,000.
When was 2948 Sterling Dr built?
2948 Sterling Dr was built in 2013.
How does 2948 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 2948 Sterling Dr?
2948 Sterling Dr is a 4 bed, 3 bath, 2,501 sqft, 8,712 sqft lot single_family.
Is 2948 Sterling Dr a flip candidate?
No — 2948 Sterling Dr does not appear in our flips dataset.
Is 2948 Sterling Dr a tax-appeal candidate?
No — 2948 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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