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1 University Way

Iowa City, IA 52246

2 bd 2 ba 1,108 sqft Built 2016 condos
Most recent sale
$380,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $380,000 MLS #202200005
Jan 1, 2022 Listed $380,000 MLS #202200005
Jan 5, 2021 Listed $380,000 MLS #202100018
Sep 8, 2020 Price changed $380,000 MLS #202000014
Jan 1, 2020 Listed $400,000 MLS #202000014
Jan 2, 2019 Listed $400,000 MLS #20186857
Jan 1, 2019 Listing removed $400,000 IowaCity
Jan 5, 2018 Listed $400,000 MLS #20180183
Jan 1, 2018 Listing removed $400,000 IowaCity
May 18, 2017 Listed $400,000 MLS #20173030

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $321,900 $100,000 $421,900 $8,154
2024 $321,900 $100,000 $421,900 $7,326
2023 $300,400 $100,000 $400,400 $7,704
2022 $267,700 $100,000 $367,700 $6,850
2021 $267,700 $100,000 $367,700 $8,091
2020 $288,900 $100,000 $388,900 $7,848
2019 $288,900 $100,000 $388,900 $6,082
2018 $286,700 $4,804
2017 $124,100 $100,000 $224,100 $526

Property facts

Year built
2016
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,108 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
$1,662
Gross rental yield
5.25%
Implied cap rate
3.41%
Trend-extrapolated value

Frequently asked questions

When did 1 University Way last sell?
1 University Way most recently sold on May 6, 2022 for $380,000.
What is the current tax assessment for 1 University Way?
The most recent total assessment for 1 University Way (year 2025) is $421,900 with $8,154 in property tax.
How does 1 University Way's assessment compare to its last sale price?
The current assessment is 11.0% above the last sale price of $380,000.
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, 1,108 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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