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1 University Way

Iowa City, IA 52246

2 bd 2 ba 1,422 sqft Built 2016 condos
Most recent sale
$530,000
Dec 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2021 Sold $530,000 MLS #202100035
Jan 1, 2020 Listed $610,000 MLS #202000034
Jan 2, 2019 Listed $610,000 MLS #20186882
Jan 1, 2019 Listing removed $610,000 IowaCity
May 25, 2018 Relisted $610,000 MLS #20180254
Jan 5, 2018 Listed $610,000 MLS #20180254

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $452,300 $100,000 $552,300 $9,692
2024 $452,300 $100,000 $552,300 $9,370
2023 $427,600 $100,000 $527,600 $11,166
2022 $443,900 $100,000 $543,900 $10,132
2021 $443,900 $100,000 $543,900 $12,493
2020 $507,900 $100,000 $607,900 $12,108
2019 $507,900 $100,000 $607,900 $6,802
2018 $315,900 $5,333
2017 $143,500 $100,000 $243,500 $675

Property facts

Year built
2016
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,422 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
$2,133
Gross rental yield
4.83%
Implied cap rate
3.14%
Trend-extrapolated value

Frequently asked questions

When did 1 University Way last sell?
1 University Way most recently sold on Dec 15, 2021 for $530,000.
What is the current tax assessment for 1 University Way?
The most recent total assessment for 1 University Way (year 2025) is $552,300 with $9,692 in property tax.
How does 1 University Way's assessment compare to its last sale price?
The current assessment is 4.2% above the last sale price of $530,000.
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, 1,422 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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