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407 Faulkner Ct

Ames, IA 50014

3 bd 1 ba 1,116 sqft Built 1981 Lot 3,490 sqft condo
Most recent sale
$150,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2023 Sold $165,000 CentralIowa
Jul 17, 2023 Listed $164,900 CentralIowa
Jun 1, 2022 Sold $150,000 MLS #645950
Feb 22, 2022 Listed $150,000 MLS #645950
Aug 21, 2020 Sold $132,000 MLS #55187
Oct 24, 2018 Sold $94,500 MLS #20581
May 2, 2011 Sold $90,000 MLS #31107
Jan 28, 2011 Price changed $90,900 MLS #31107
Aug 27, 2010 Price changed $93,900 MLS #31107
Jul 22, 2010 Listed $95,900 MLS #31107
Jul 21, 2006 Listed $94,500 MLS #20581
Jul 21, 2006 Sold $94,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $133,700 $20,000 $153,700 $2,016
2024 $133,700 $20,000 $153,700 $1,974
2023 $122,800 $16,200 $139,000 $1,818
2022 $91,800 $16,200 $108,000 $1,794
2021 $91,800 $16,200 $108,000 $1,712
2020 $77,700 $19,600 $97,300 $1,688
2019 $77,700 $19,600 $97,300 $1,746
2018 $77,700 $19,600 $97,300 $1,700
2017 $77,700 $19,600 $97,300 $1,592
2016 $70,600 $17,800 $88,400 $1,556
2015 $70,600 $17,800 $88,400 $1,588
2014 $70,600 $17,800 $88,400 $1,552
2013 $70,600 $17,800 $88,400 $1,590
2012 $75,100 $17,800 $92,900 $1,526
2009 $75,100 $17,800 $92,900 $1,230
2007 $75,100 $17,800 $92,900 $1,190
2006 $75,000 $17,800 $92,800 $1,330
2004 $75,000 $17,800 $92,800 $1,204

Property facts

Year built
1981
Property type
condo
Stories
2
Beds
3
Baths
1
Living area
1,116 sqft
Lot size
3,490 sqft
ZIP code
50014
City
Ames
Street
Faulkner Ct
Coordinates
42.02069, -93.68080

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,674
Gross rental yield
13.39%
Implied cap rate
8.70%
Trend-extrapolated value

Frequently asked questions

When did 407 Faulkner Ct last sell?
407 Faulkner Ct most recently sold on Jun 1, 2022 for $150,000.
What is the current tax assessment for 407 Faulkner Ct?
The most recent total assessment for 407 Faulkner Ct (year 2025) is $153,700 with $2,016 in property tax.
How does 407 Faulkner Ct's assessment compare to its last sale price?
The current assessment is 2.5% above the last sale price of $150,000.
When was 407 Faulkner Ct built?
407 Faulkner Ct was built in 1981.
How does 407 Faulkner Ct compare to others on Faulkner Ct?
We track 8 other properties on Faulkner Ct. Browse the list under "Other properties on Faulkner Ct" to compare beds, baths, and sale history.
What are the property facts for 407 Faulkner Ct?
407 Faulkner Ct is a 3 bed, 1 bath, 1,116 sqft, 3,490 sqft lot condo.
Is 407 Faulkner Ct a flip candidate?
Yes — 407 Faulkner Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 407 Faulkner Ct a tax-appeal candidate?
No — 407 Faulkner Ct 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
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$300.7K
2026 Q4
$296.5K
ZIP 50014 — Median Price History + Forecast

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