5218 Cervantes Dr
Ames, IA 50014
4 bd 4 ba 1,830 sqft Built 1998 Lot 15,682 sqft single_family
Most recent sale
$305,000
Dec 15, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 15, 2023 | Sold | $305,000 | CentralIowa |
| Nov 1, 2023 | Listing removed | — | RentlinxUnits |
| Oct 11, 2023 | Price changed (rent) | $1,999 | RentlinxUnits |
| Sep 10, 2023 | Listed for rent | $2,200 | RentlinxUnits |
| Sep 9, 2023 | Price changed | $336,000 | CentralIowa |
| Jul 15, 2023 | Listed | $340,000 | CentralIowa |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $311,800 | $82,000 | $393,800 | $4,750 |
| 2024 | $311,800 | $82,000 | $393,800 | $4,785 |
| 2023 | $278,900 | $67,200 | $346,100 | $4,374 |
| 2022 | $201,600 | $67,200 | $268,800 | $4,318 |
| 2021 | $201,600 | $67,200 | $268,800 | $4,508 |
| 2020 | $198,600 | $66,200 | $264,800 | $4,484 |
| 2019 | $198,600 | $66,200 | $264,800 | $4,604 |
| 2018 | $198,800 | $66,300 | $265,100 | $4,485 |
| 2017 | $198,800 | $66,300 | $265,100 | $4,169 |
| 2016 | $190,600 | $49,100 | $239,700 | $4,068 |
| 2015 | $190,600 | $49,100 | $239,700 | $3,944 |
| 2014 | $181,500 | $46,700 | $228,200 | $3,556 |
| 2013 | $168,300 | $43,300 | $211,600 | $5 |
| 2012 | $168,300 | $43,300 | $211,600 | $3,352 |
| 2009 | $168,300 | $43,300 | $211,600 | $2,944 |
| 2007 | $168,300 | $43,300 | $211,600 | $2,854 |
| 2004 | $168,300 | $43,300 | $211,600 | $2,834 |
Property facts
Year built
1998
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
1,830 sqft
Lot size
15,682 sqft
ZIP code
50014
City
Ames
Street
Cervantes Dr
Coordinates
42.01754, -93.68937
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,745
Gross rental yield
10.80%
Implied cap rate
7.02%
Trend-extrapolated value
—
Frequently asked questions
When did 5218 Cervantes Dr last sell?
5218 Cervantes Dr most recently sold on Dec 15, 2023 for $305,000.
What is the current tax assessment for 5218 Cervantes Dr?
The most recent total assessment for 5218 Cervantes Dr (year 2025) is $393,800 with $4,750 in property tax.
How does 5218 Cervantes Dr's assessment compare to its last sale price?
The current assessment is 29.1% above the last sale price of $305,000.
When was 5218 Cervantes Dr built?
5218 Cervantes Dr was built in 1998.
How does 5218 Cervantes Dr compare to others on Cervantes Dr?
We track 8 other properties on Cervantes Dr. Browse the list under "Other properties on Cervantes Dr" to compare beds, baths, and sale history.
What are the property facts for 5218 Cervantes Dr?
5218 Cervantes Dr is a 4 bed, 4 bath, 1,830 sqft, 15,682 sqft lot single_family.
Is 5218 Cervantes Dr a flip candidate?
No — 5218 Cervantes Dr does not appear in our flips dataset.
Is 5218 Cervantes Dr a tax-appeal candidate?
Yes — 5218 Cervantes Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$300.7K
2026 Q4
$296.5K
ZIP 50014 — Median Price History + Forecast
Explore nearby
Geography
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