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For sale
    • Price cut: $15K (6/29)
    $535,000

    4983 Preston Ln, Iowa City, IA 52245

    5beds
    2,532sqft
    : 
    $3,752/mo
    Get pre-qualified
    Single Family Residence
    Built in 2017
    0.4 Acres Lot
    $528,800 Zestimate®
    $211/sqft
    $8/mo HOA

    What's special

    Fully finished lower levelScreened-in porchLarge corner lotSpacious primary suiteAdjoining full deckOpen-concept main level
    West side Iowa City Ranch style home, offering over 2,500 sq ft of thoughtfully designed living space on a large corner lot, this home features an open-concept main level where the kitchen, dining area and great room seamlessly connect. The kitchen is highlighted by a center island with raised breakfast bar, while the great room offers a cozy gas fireplace. Just off the dining area, enjoy the screened-in porch and adjoining full deck, perfect for relaxing or entertaining. The spacious primary suite features a boxed ceiling with rope lighting, dual vanities, tiled shower and a large walk-in closet. The fully finished lower level includes an expansive 28’3” x 16’1” family room, providing plenty of additional living and gathering space.
    50 days
    |
    280
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rob Mccain 319-621-7653,

    Urban Acres Real Estate Corridor

    Source: CRAAR, CDRMLS,MLS#: 2603896MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Family Room, Laundry, Living Room, Recreation, Screened Porch
      Other
      • Level: First
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Breakfast Bar, Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary, Vaulted Ceiling(s)
      • Basement: Full,Concrete
      • Has fireplace: Yes
      • Fireplace features: Family Room, Gas, Living Room
      Interior area
      • Total interior livable area: 2,532 sqft
      • Finished area above ground: 1,519
      • Finished area below ground: 1,013

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Garage, On Street, Garage Door Opener
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Deck
      Lot
      • Size: 0.4 Acres
      • Dimensions: 17,424
      • Features: See Remarks
      Details
      • Parcel number: 1112130001

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stone, Vinyl Siding
      • Foundation: Poured
      Condition
      • New construction: No
      • Year built: 2017

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $100 annually
      Location
      • Region: Iowa City

      Financial & listing details

      • Price per square foot: $211/sqft
      • Tax assessed value: $504,460
      • Annual tax amount: $9,069
      • Date on market: 5/29/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $528,800

        $502,000 - $555,000

        $3,072/mo

        Price history

        DateEventPrice
        6/29/2026Price change$535,000-2.7%$211/sqft
        Source: CRAAR, CDRMLS #2603896 Report a problem
        6/3/2026Listed for sale$550,000+38.9%$217/sqft
        Source: CRAAR, CDRMLS #2603896 Report a problem
        7/13/2018Sold$395,900$156/sqft
        Source: CRAAR, CDRMLS #1801256 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,874 -0.9%$504,460 +6%
        2024$8,956 +4.8%$476,110
        2023$8,549 +4.7%$476,110 +20.7%
        2022$8,169 -1.2%$394,440
        2021$8,272 +1.9%$394,440 +0.8%
        2020$8,118 +36.6%$391,210
        2019$5,944 $391,210 +44.6%
        2018$5,944 +2626.6%$270,550 +2605.5%
        2017$218 $10,000
        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.
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        Climate risks

        Neighborhood: 52245

        Getting around

        4 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Borlaug
        • Middle: Northwest
        • High: West

        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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