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1 University Way

Iowa City, IA 52246

2 bd 2 ba 1,421 sqft Built 2016 condos
Most recent sale
$460,000
Nov 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2021 Sold $460,000 MLS #202100044
Jan 1, 2020 Listed $525,000 MLS #202000043
Aug 13, 2019 Price changed $555,000 MLS #20186891
Jan 2, 2019 Listed $590,000 MLS #20186891
Jan 1, 2019 Listing removed $590,000 IowaCity
May 25, 2018 Relisted $590,000 MLS #20180265
Jan 5, 2018 Listed $590,000 MLS #20180265

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $377,400 $100,000 $477,400 $9,447
2024 $377,400 $100,000 $477,400 $8,357
2023 $352,700 $100,000 $452,700 $9,829
2022 $369,000 $100,000 $469,000 $8,736
2021 $369,000 $100,000 $469,000 $12,205
2020 $493,000 $100,000 $593,000 $11,829
2019 $493,000 $100,000 $593,000 $6,803
2018 $316,000 $5,332
2017 $143,500 $100,000 $243,500 $674

Property facts

Year built
2016
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,421 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
$2,132
Gross rental yield
5.56%
Implied cap rate
3.62%
Trend-extrapolated value

Frequently asked questions

When did 1 University Way last sell?
1 University Way most recently sold on Nov 22, 2021 for $460,000.
What is the current tax assessment for 1 University Way?
The most recent total assessment for 1 University Way (year 2025) is $477,400 with $9,447 in property tax.
How does 1 University Way's assessment compare to its last sale price?
The current assessment is 3.8% above the last sale price of $460,000.
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, 1,421 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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