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506 2nd Ave

Altoona, IA 50009

3 bd 3 ba 1,576 sqft Built 1983 Lot 8,712 sqft single_family
Most recent sale
$331,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 24, 2025 Sold $340,000 DesMoines
Jul 19, 2022 Sold $331,000 MLS #655020
Jun 27, 2022 Listed $335,000 MLS #655020
Mar 22, 2022 Sold $250,000 MLS #645100
Feb 2, 2022 Listed $259,000 MLS #645100
Oct 29, 2012 Sold $162,500 Public Record
Oct 26, 2012 Sold $162,500 DesMoines
Jul 13, 2012 Price changed $164,900 MLS #402017
Jun 1, 2012 Listed $167,500 MLS #402017
Jan 20, 2006 Sold $169,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $324,700 $48,100 $372,800 $5,602
2023 $286,100 $42,200 $328,300 $4,450
2022 $182,400 $35,700 $218,100 $4,214
2021 $182,400 $35,700 $218,100 $4,000
2020 $165,300 $32,200 $197,500 $3,930
2019 $165,300 $32,200 $197,500 $3,728
2018 $155,900 $28,300 $184,200 $3,730
2017 $155,900 $28,300 $184,200 $3,848
2016 $146,500 $26,100 $172,600 $3,836
2015 $146,500 $26,100 $172,600 $3,634
2014 $138,000 $23,100 $161,100 $3,292
2013 $138,000 $23,100 $161,100 $3,172
2012 $133,500 $23,100 $156,600 $3,202
2011 $133,500 $23,100 $156,600 $3,098
2010 $140,400 $24,000 $164,400 $3,018
2009 $140,400 $24,000 $164,400 $2,918
2008 $143,500 $24,500 $168,000 $2,918
2007 $143,500 $24,500 $168,000 $2,980

Property facts

Year built
1983
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,576 sqft
Lot size
8,712 sqft
ZIP code
50009
City
Altoona
Street
2nd Ave
Coordinates
41.64684, -93.46604

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,364
Gross rental yield
8.57%
Implied cap rate
5.57%
Trend-extrapolated value

Frequently asked questions

When did 506 2nd Ave last sell?
506 2nd Ave most recently sold on Jul 19, 2022 for $331,000.
What is the current tax assessment for 506 2nd Ave?
The most recent total assessment for 506 2nd Ave (year 2025) is $372,800 with $5,602 in property tax.
How does 506 2nd Ave's assessment compare to its last sale price?
The current assessment is 12.6% above the last sale price of $331,000.
When was 506 2nd Ave built?
506 2nd Ave was built in 1983.
How does 506 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 506 2nd Ave?
506 2nd Ave is a 3 bed, 3 bath, 1,576 sqft, 8,712 sqft lot single_family.
Is 506 2nd Ave a flip candidate?
Yes — 506 2nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 506 2nd Ave a tax-appeal candidate?
No — 506 2nd 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
-1.5%
Implied 1-yr
-6.0%
2026 Q3
$278.1K
2026 Q4
$273.4K
ZIP 50009 — Median Price History + Forecast

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