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3051 Wayne Ave

Iowa City, IA 52240

3 bd 2 ba 1,619 sqft Built 1968 condos
Most recent sale
$165,000
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $165,000 MLS #202202514
Apr 29, 2022 Listed $148,000 MLS #202202514
Oct 12, 2017 Sold $130,000 MLS #20174685
Sep 6, 2017 Listed $134,900 MLS #20174685

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $141,490 $24,410 $165,900 $2,822
2024 $141,490 $24,410 $165,900 $2,782
2023 $133,910 $24,410 $158,320 $2,730
2022 $112,840 $21,970 $134,810 $2,808
2021 $113,610 $21,970 $135,580 $2,836
2020 $110,450 $20,750 $131,200 $2,786
2019 $110,450 $20,750 $131,200 $2,714
2018 $105,190 $18,310 $123,500 $2,170
2017 $81,470 $18,310 $99,780 $2,056
2016 $75,250 $18,310 $93,560 $2,016
2015 $75,250 $18,310 $93,560 $2,186
2014 $82,770 $18,310 $101,080 $2,118
2013 $82,770 $18,310 $101,080 $2,106
2012 $94,050 $18,310 $112,360 $2,104
2007 $89,750 $18,310 $108,060 $1,790
2005 $89,750 $18,310 $108,060 $1,596

Property facts

Year built
1968
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,619 sqft
Lot size
ZIP code
52240
City
Iowa City
Street
Wayne Ave
Coordinates
41.64681, -91.49185

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
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3051 Wayne Ave last sell?
3051 Wayne Ave most recently sold on Jun 6, 2022 for $165,000.
What is the current tax assessment for 3051 Wayne Ave?
The most recent total assessment for 3051 Wayne Ave (year 2025) is $165,900 with $2,822 in property tax.
How does 3051 Wayne Ave's assessment compare to its last sale price?
The current assessment is 0.5% above the last sale price of $165,000.
When was 3051 Wayne Ave built?
3051 Wayne Ave was built in 1968.
How does 3051 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 3051 Wayne Ave?
3051 Wayne Ave is a 3 bed, 2 bath, 1,619 sqft condos.
Is 3051 Wayne Ave a flip candidate?
No — 3051 Wayne Ave does not appear in our flips dataset.
Is 3051 Wayne Ave a tax-appeal candidate?
No — 3051 Wayne Ave 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
-15.0%
2026 Q3
$332.1K
2026 Q4
$315.6K
ZIP 52240 — Median Price History + Forecast

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