304 Summit St
Iowa City, IA 52240
6 bd 4,119 sqft Built 1870 Lot 16,161 sqft multi_family
Most recent sale
$582,000
Jan 29, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2024 | Listed | $820,000 | IowaCity |
| Jan 29, 2021 | Sold | $582,000 | IowaCity |
| Sep 10, 2019 | Listing removed | — | IowaCity |
| Aug 26, 2019 | Listed | $615,000 | IowaCity |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $426,140 | $166,760 | $592,900 | $10,152 |
| 2024 | $426,140 | $166,760 | $592,900 | $10,024 |
| 2023 | $375,170 | $157,750 | $532,920 | $10,540 |
| 2022 | $328,530 | $157,750 | $486,280 | $11,860 |
| 2021 | $328,530 | $157,750 | $486,280 | $11,764 |
| 2020 | $306,220 | $148,470 | $454,690 | $12,488 |
| 2019 | $306,220 | $148,470 | $454,690 | $12,144 |
| 2018 | $280,260 | $139,190 | $419,450 | $12,910 |
| 2017 | $280,260 | $139,190 | $419,450 | $9,802 |
| 2016 | $168,550 | $139,190 | $307,740 | $10,284 |
| 2015 | $168,550 | $139,190 | $307,740 | $10,418 |
| 2014 | $178,960 | $119,310 | $298,270 | $10,918 |
| 2013 | $178,960 | $119,310 | $298,270 | $11,154 |
| 2012 | $169,380 | $119,310 | $288,690 | $11,404 |
| 2007 | $198,590 | $119,310 | $317,900 | $12,862 |
| 2005 | $198,590 | $119,310 | $317,900 | $10,484 |
| 2004 | — | — | $296,350 | $8,558 |
Property facts
Year built
1870
Property type
multi_family
Stories
—
Beds
6
Baths
—
Living area
4,119 sqft
Lot size
16,161 sqft
ZIP code
52240
City
Iowa City
Street
Summit St
Coordinates
41.65756, -91.52080
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,179
Gross rental yield
12.74%
Implied cap rate
8.28%
Trend-extrapolated value
—
Frequently asked questions
When did 304 Summit St last sell?
304 Summit St most recently sold on Jan 29, 2021 for $582,000.
What is the current tax assessment for 304 Summit St?
The most recent total assessment for 304 Summit St (year 2025) is $592,900 with $10,152 in property tax.
How does 304 Summit St's assessment compare to its last sale price?
The current assessment is 1.9% above the last sale price of $582,000.
When was 304 Summit St built?
304 Summit St was built in 1870.
How does 304 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 304 Summit St?
304 Summit St is a 6 bed, 4,119 sqft, 16,161 sqft lot multi_family.
Is 304 Summit St a flip candidate?
No — 304 Summit St does not appear in our flips dataset.
Is 304 Summit St a tax-appeal candidate?
No — 304 Summit St 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
-15.0%
2026 Q3
$332.1K
2026 Q4
$315.6K
ZIP 52240 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit St