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For sale
  • Price cut: $10K (7/19)
    $199,000

    29 Valley Ave APT 6, Iowa City, IA 52246

    2beds
    780sqft
    : 
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    Condominium
    Built in 1984
    -- sqft lot
    $197,000 Zestimate®
    $255/sqft
    $120/mo HOA

    What's special

    Two dedicated parking spacesLaminate flooring throughout
    Don’t miss this fantastic opportunity to own a 2-bedroom, 1-bath condo in an unbeatable location—just steps from the University of Iowa campus and right next to Carver-Hawkeye Arena. Whether you're searching for a smart investment property or ready to stop renting and own your own place, this condo checks all the boxes. Situated on the second level, this unit features an open-concept kitchen and living area, creating a comfortable and functional living space. Enjoy laminate flooring throughout, electric heat, and a window A/C unit. All appliances are included, including a washer and dryer, making this a truly move-in-ready home. The property also comes with two dedicated parking spaces—a rare and valuable perk in this area. The annual HOA fee of $1,440 covers lawn care, exterior building insurance and liability, as well as general exterior maintenance. The HOA also manages annual rental inspections and permit requirements, making this an excellent option for investors. Trash service is shared with the neighboring building. The unit is currently tenant-occupied, with a lease in place through June 30th—offering immediate rental income potential. Current rent is 1,350 tenant pays all utilities
    111 days
    |
    415
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Mathison 319-573-8106,

    Realty87

    Source: CRAAR, CDRMLS,MLS#: 2602126MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Other
      • Level: Second
      Heating
      • See Remarks, Electric
      Cooling
      • See Remarks, Wall/Window Unit(s)
      Appliances
      • Included: Dryer, Electric Water Heater, Disposal, Range, Refrigerator, Washer
      Features
      • Upper Level Primary
      • Has basement: No
      Interior area
      • Total interior livable area: 780 sqft
      • Finished area above ground: 780
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, None, Off Street, See Remarks
      • Garage spaces: 2
      Lot
      • Size: 1,045 Square Feet
      • Dimensions: .024
      Details
      • Parcel number: 1009289006

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Frame, Wood Siding
      Condition
      • New construction: No
      • Year built: 1984

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $1,440 annually
      Location
      • Region: Iowa City

      Financial & listing details

      • Price per square foot: $255/sqft
      • Tax assessed value: $180,910
      • Annual tax amount: $3,338
      • Date on market: 3/31/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $197,000

        $187,000 - $207,000

        $1,350/mo

        Price history

        DateEventPrice
        7/19/2026Price change$199,000-4.8%$255/sqft
        Source: CRAAR, CDRMLS #2602126 Report a problem
        7/7/2026Price change$209,000-7.1%$268/sqft
        Source: CRAAR, CDRMLS #2602126 Report a problem
        6/23/2026Price change$225,000-5.9%$288/sqft
        Source: CRAAR, CDRMLS #2602126 Report a problem
        3/31/2026Listed for sale$239,000+1.8%$306/sqft
        Source: CRAAR, CDRMLS #2602126 Report a problem
        6/27/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/16/2024Listed for rent$1,200+4.3%$2/sqft
        Source: Zillow Rentals Report a problem
        6/9/2024Listing removed--
        Source: Owner Report a problem
        5/12/2024Listed for sale$234,750+84.8%$301/sqft
        Source: Owner Report a problem
        7/10/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/7/2022Price change$1,150-14.8%$1/sqft
        Source: Zillow Rental Manager Report a problem
        5/18/2022Listed for rent$1,350+5.5%$2/sqft
        Source: Zillow Rental Manager Report a problem
        7/27/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        7/7/2021Price change$1,280-1.5%$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/5/2021Listed for rent$1,300$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/19/2008Sold$127,000+15.5%$163/sqft
        Source: Public Record Report a problem
        2/5/2007Sold$110,000$141/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,338 +1.3%$180,910 +3.2%
        2024$3,297 -2.3%$175,240
        2023$3,376 +4.7%$175,240 +12.5%
        2022$3,226 -2.4%$155,750
        2021$3,304 +1.8%$155,750 +1.9%
        2020$3,244 +6.9%$152,830
        2019$3,034 $152,830 +10.7%
        2018$3,034 +1.1%$138,060
        2017$3,002 +4.7%$138,060 +5.9%
        2016$2,866 +2%$130,380
        2015$2,810 +15.2%$130,380 +15.6%
        2014$2,440 $112,800
        2012-- $112,800
        2011-- $112,800 +4.1%
        2009-- $108,370
        2008-- $108,370 +28.7%
        2005$1,550 +2.6%$84,210
        2004$1,510 +6.3%$84,210 +13.5%
        2003$1,420 +3.6%$74,190
        2002$1,370 +3.8%$74,190 +3.7%
        2001$1,320 $71,560
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 52246

        Getting around

        42 / 100
        Car-Dependent
        50 / 100
        Good Transit
        85 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lincoln
        • Middle: Southeast
        • High: City

        Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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