2518 Wayne Ave
Iowa City, IA 52240
3 bd 2 ba 1,025 sqft Built 1956 Lot 7,841 sqft single_family
Most recent sale
$215,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 4, 2026 | Sold | $170,000 | Public Record |
| Apr 15, 2026 | Sold | $170,000 | IowaCity |
| Mar 30, 2026 | Listed for rent | $2,200 | Avail |
| Mar 7, 2026 | Listed | $169,900 | IowaCity |
| May 31, 2022 | Sold | $215,000 | MLS #202202074 |
| Apr 9, 2022 | Listed | $215,000 | MLS #202202074 |
| Jul 24, 2018 | Sold | $164,000 | Public Record |
| Jun 5, 2018 | Sold | $164,000 | MLS #20183256 |
| Jun 5, 2018 | Price changed | $165,000 | MLS #1803572 |
| Jun 4, 2018 | Price changed | $165,000 | MLS #20183256 |
| May 22, 2018 | Listed | $170,000 | MLS #1803572 |
| Jun 2, 2008 | Sold | $128,000 | Public Record |
| Oct 3, 2007 | Sold | $95,000 | Public Record |
| Dec 22, 2004 | Sold | $119,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $157,330 | $52,960 | $210,290 | $3,710 |
| 2024 | $157,330 | $52,960 | $210,290 | $3,664 |
| 2023 | $148,070 | $46,730 | $194,800 | $3,458 |
| 2022 | $115,920 | $43,610 | $159,530 | $3,304 |
| 2021 | $115,920 | $43,610 | $159,530 | $3,256 |
| 2020 | $110,070 | $40,500 | $150,570 | $3,196 |
| 2019 | $110,070 | $40,500 | $150,570 | $2,740 |
| 2018 | $95,870 | $37,380 | $133,250 | $2,556 |
| 2017 | $88,890 | $37,380 | $126,270 | $2,508 |
| 2016 | $88,380 | $34,270 | $122,650 | $2,456 |
| 2015 | $88,380 | $34,270 | $122,650 | $2,402 |
| 2014 | $85,480 | $34,270 | $119,750 | $2,322 |
| 2013 | $85,480 | $34,270 | $119,750 | $2,256 |
| 2012 | $85,480 | $34,270 | $119,750 | $2,400 |
| 2007 | $86,790 | $28,040 | $114,830 | $1,980 |
| 2005 | $82,730 | $28,040 | $110,770 | $1,884 |
| 2004 | — | — | $107,170 | $1,618 |
Property facts
Year built
1956
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,025 sqft
Lot size
7,841 sqft
ZIP code
52240
City
Iowa City
Street
Wayne Ave
Coordinates
41.64769, -91.49924
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,538
Gross rental yield
8.58%
Implied cap rate
5.58%
Trend-extrapolated value
—
Frequently asked questions
When did 2518 Wayne Ave last sell?
2518 Wayne Ave most recently sold on May 31, 2022 for $215,000.
What is the current tax assessment for 2518 Wayne Ave?
The most recent total assessment for 2518 Wayne Ave (year 2025) is $210,290 with $3,710 in property tax.
How does 2518 Wayne Ave's assessment compare to its last sale price?
The current assessment is 2.2% below the last sale price of $215,000.
When was 2518 Wayne Ave built?
2518 Wayne Ave was built in 1956.
How does 2518 Wayne Ave compare to others on Wayne Ave?
We track 8 other properties on Wayne Ave. Browse the list under "Other properties on Wayne Ave" to compare beds, baths, and sale history.
What are the property facts for 2518 Wayne Ave?
2518 Wayne Ave is a 3 bed, 2 bath, 1,025 sqft, 7,841 sqft lot single_family.
Is 2518 Wayne Ave a flip candidate?
No — 2518 Wayne Ave does not appear in our flips dataset.
Is 2518 Wayne Ave a tax-appeal candidate?
Yes — 2518 Wayne Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 Wayne Ave