501 Terrace Rd is a 1,050 square foot house on a 8,756 square foot lot with 4 bedrooms and 2 bathrooms. - it last sold on November 19, 2008 for $158,000. Based on Redfin's Iowa City data, we estimate the home's value is $268,774.
Single-familyProperty Type
1958Year Built
8,756 sq ftLot Size
$256Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$268,774
$111K since sold in November 2008$3,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.4% lower than the average sale price ($293K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS5
Low Density Single-Family Residential Zone
The low density single-family residential zone RS-5 is primarily intended to provide housing opportunities for individual households. The regulations are intended to create, maintain, and promote livable neighborhoods. The regulations allow for some flexibility of dwelling types to provide housing opportunities for a variety of household types. This zone also allows for some nonresidential uses that contribute to the livability of residential neighborhoods, such as parks, schools, religious institutions, and daycare facilities. Related nonresidential uses and structures should be planned and designed to be compatible with the character, scale, and pattern of the residential development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Property details
Interior
Heating & Cooling
Heating Type: Forced Air Gas
Room Information
# of Rooms: 7
Exterior
Exterior Information
Foundation Type: Concrete Block
Exterior Wall: Wood
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Building Type: Single Family
Property Information
Subdivision Name: COURT HILL ADD
Living Sq. Ft: 1,050
Building Sq. Ft: 1,434
# of Stories: 1
Stories Type: 1
Legal Description: COURT HILL ADDITION LOT 98
Parking & Garage Information
Parking Type: Attached Frame Garage
Garage/Parking Sq. Ft: 384
Garage / Carport Type: Attached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,756
Legal Lot Number: 98
Acres: 0.201
County Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,050
Stories: 1.0
Lot Size: 8,756 square feet
Style: Single Family Residential
Year Built: 1958
Year Renovated: —
County: Johnson County
APN: 1013226013
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Helen Lemme Elementary School
Public PreK-5 • Assigned • 0.7mi
3/10
Southeast Junior High School
Public 6-8 • Assigned • 0.7mi
4/10
Iowa City High School
Public 9-12 • Assigned • 0.5mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Iowa City, IA • 52245
Average low and high temperatures (°F)
29
13
38
20
57
35
64
45
73
52
82
64
85
69
82
64
80
58
69
48
50
35
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 4 hours in December, which is comparable to the
U.S. average for solar exposure.
9.9 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$256,000 – $310,000
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