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1 University Way

Iowa City, IA 52246

2 bd 2 ba 1,450 sqft Built 2016 condos
Most recent sale
$517,500
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 24, 2026 Sold $580,000 IowaCity
Apr 1, 2026 Listed $575,000 IowaCity
Jun 1, 2022 Sold $517,500 MLS #202201614
Mar 24, 2022 Listed $535,000 MLS #202201614
Dec 30, 2020 Sold $465,000 MLS #202000018
Nov 12, 2020 Price changed $465,000 MLS #202000018
Jan 1, 2020 Listed $515,000 MLS #202000018
May 25, 2018 Relisted $520,000 MLS #20180196
Jan 5, 2018 Listed $520,000 MLS #20180196
Jan 1, 2018 Listing removed $520,000 IowaCity
May 19, 2017 Listed $520,000 MLS #20173071

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $395,600 $100,000 $495,600 $9,616
2024 $395,600 $100,000 $495,600 $8,500
2023 $370,700 $100,000 $470,700 $9,168
2022 $343,500 $100,000 $443,500 $8,750
2021 $343,500 $100,000 $443,500 $10,528
2020 $405,700 $100,000 $505,700 $10,207
2019 $405,700 $100,000 $505,700 $6,856
2018 $318,000 $5,375
2017 $145,000 $100,000 $245,000 $688

Property facts

Year built
2016
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,450 sqft
Lot size
ZIP code
52246
City
Iowa City
Street
University Way
Coordinates
41.65668, -91.56057

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,175
Gross rental yield
5.04%
Implied cap rate
3.28%
Trend-extrapolated value

Frequently asked questions

When did 1 University Way last sell?
1 University Way most recently sold on Jun 1, 2022 for $517,500.
What is the current tax assessment for 1 University Way?
The most recent total assessment for 1 University Way (year 2025) is $495,600 with $9,616 in property tax.
How does 1 University Way's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $517,500.
When was 1 University Way built?
1 University Way was built in 2016.
How does 1 University Way compare to others on University Way?
We track 8 other properties on University Way. Browse the list under "Other properties on University Way" to compare beds, baths, and sale history.
What are the property facts for 1 University Way?
1 University Way is a 2 bed, 2 bath, 1,450 sqft condos.
Is 1 University Way a flip candidate?
No — 1 University Way does not appear in our flips dataset.
Is 1 University Way a tax-appeal candidate?
No — 1 University Way 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
-15.2%
2026 Q3
$312.1K
2026 Q4
$296.4K
ZIP 52246 — Median Price History + Forecast

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