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2948 Cypress Cir

Ames, IA 50014

5 bd 3 ba 1,987 sqft Built 1994 Lot 14,375 sqft single_family
Most recent sale
$100,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 7, 2023 Sold $455,000 DesMoines
Jan 7, 2023 Price changed $459,000 CentralIowa
Nov 22, 2022 Price changed $479,000 CentralIowa
Nov 3, 2022 Price changed $499,000 CentralIowa
Oct 14, 2022 Price changed $519,900 MLS #61130
Oct 12, 2022 Listed $519,000 MLS #661669
Oct 8, 2022 Listed $519,000 MLS #61130
May 6, 2022 Sold $100,000 Public Record
Jan 31, 2020 Sold $210,000 Public Record
Jun 4, 2012 Listing removed $319,000 CentralIowa
Aug 1, 2008 Sold $301,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $370,500 $114,400 $484,900 $6,382
2024 $370,500 $114,400 $484,900 $6,246
2023 $359,000 $91,200 $450,200 $5,990
2022 $273,700 $91,200 $364,900 $5,916
2021 $273,700 $91,200 $364,900 $6,174
2020 $269,600 $89,900 $359,500 $6,082
2019 $269,600 $89,900 $359,500 $6,298
2018 $269,600 $89,900 $359,500 $6,128
2017 $269,600 $89,900 $359,500 $5,516
2016 $263,800 $50,900 $314,700 $5,388
2015 $263,800 $50,900 $314,700 $5,280
2014 $253,700 $48,900 $302,600 $4,852
2013 $239,200 $46,200 $285,400 $4,726
2012 $239,200 $46,200 $285,400 $4,564
2009 $239,200 $46,200 $285,400 $4,122
2007 $239,200 $46,200 $285,400 $3,998
2006 $239,200 $46,200 $285,400 $4,090
2004 $239,200 $46,200 $285,400 $4,138

Property facts

Year built
1994
Property type
single_family
Stories
Beds
5
Baths
3
Living area
1,987 sqft
Lot size
14,375 sqft
ZIP code
50014
City
Ames
Street
Cypress Cir
Coordinates
42.04944, -93.65208

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2948 Cypress Cir last sell?
2948 Cypress Cir most recently sold on May 6, 2022 for $100,000.
What is the current tax assessment for 2948 Cypress Cir?
The most recent total assessment for 2948 Cypress Cir (year 2025) is $484,900 with $6,382 in property tax.
How does 2948 Cypress Cir's assessment compare to its last sale price?
The current assessment is 384.9% above the last sale price of $100,000.
When was 2948 Cypress Cir built?
2948 Cypress Cir was built in 1994.
How does 2948 Cypress Cir compare to others on Cypress Cir?
We track 4 other properties on Cypress Cir. Browse the list under "Other properties on Cypress Cir" to compare beds, baths, and sale history.
What are the property facts for 2948 Cypress Cir?
2948 Cypress Cir is a 5 bed, 3 bath, 1,987 sqft, 14,375 sqft lot single_family.
Is 2948 Cypress Cir a flip candidate?
Yes — 2948 Cypress Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2948 Cypress Cir a tax-appeal candidate?
Yes — 2948 Cypress Cir 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 valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$300.7K
2026 Q4
$296.5K
ZIP 50014 — Median Price History + Forecast

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