520 Lincoln Way
Ames, IA 50010
3 bd 2 ba 1,821 sqft Built 1933 Lot 6,851 sqft multi_family
Most recent sale
$222,500
Nov 30, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 30, 2023 | Sold | $222,500 | DesMoines |
| Sep 8, 2023 | Listed | $250,000 | DesMoines |
| Jan 11, 2023 | Listing removed | — | CentralIowa |
| Sep 22, 2022 | Listing removed | — | DesMoines |
| Jun 17, 2022 | Sold | $135,000 | Public Record |
| Jun 16, 2022 | Sold | $135,000 | DesMoines |
| Apr 27, 2022 | Listed | $170,000 | MLS #650689 |
| Jul 10, 2014 | Sold | $50,000 | Public Record |
| Mar 11, 2005 | Sold | $44,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $177,900 | $45,100 | $223,000 | $2,590 |
| 2024 | $177,900 | $45,100 | $223,000 | $1,232 |
| 2023 | $55,900 | $30,800 | $86,700 | $2,070 |
| 2022 | $92,200 | $30,800 | $123,000 | $2,044 |
| 2021 | $92,200 | $30,800 | $123,000 | $2,122 |
| 2020 | $90,400 | $30,200 | $120,600 | $2,092 |
| 2019 | $90,400 | $30,200 | $120,600 | $2,164 |
| 2018 | $90,400 | $30,200 | $120,600 | $2,106 |
| 2017 | $90,400 | $30,200 | $120,600 | $1,350 |
| 2016 | $49,000 | $25,900 | $74,900 | $1,318 |
| 2015 | $49,000 | $25,900 | $74,900 | $1,282 |
| 2014 | $2,900 | $68,400 | $71,300 | $1,200 |
| 2013 | — | $68,400 | $68,400 | $1,170 |
| 2012 | — | $68,400 | $68,400 | $1,124 |
| 2009 | — | $68,400 | $68,400 | $972 |
| 2007 | $16,900 | $50,400 | $67,300 | $942 |
| 2006 | $16,900 | $50,400 | $67,300 | $964 |
| 2004 | $16,900 | $50,400 | $67,300 | $1,308 |
Property facts
Year built
1933
Property type
multi_family
Stories
2
Beds
3
Baths
2
Living area
1,821 sqft
Lot size
6,851 sqft
ZIP code
50010
City
Ames
Street
Lincoln Way
Coordinates
42.02260, -93.60452
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,335
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 520 Lincoln Way last sell?
520 Lincoln Way most recently sold on Nov 30, 2023 for $222,500.
What is the current tax assessment for 520 Lincoln Way?
The most recent total assessment for 520 Lincoln Way (year 2025) is $223,000 with $2,590 in property tax.
How does 520 Lincoln Way's assessment compare to its last sale price?
The current assessment is 0.2% above the last sale price of $222,500.
When was 520 Lincoln Way built?
520 Lincoln Way was built in 1933.
How does 520 Lincoln Way compare to others on Lincoln Way?
We track 8 other properties on Lincoln Way. Browse the list under "Other properties on Lincoln Way" to compare beds, baths, and sale history.
What are the property facts for 520 Lincoln Way?
520 Lincoln Way is a 3 bed, 2 bath, 1,821 sqft, 6,851 sqft lot multi_family.
Is 520 Lincoln Way a flip candidate?
Yes — 520 Lincoln Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 520 Lincoln Way a tax-appeal candidate?
No — 520 Lincoln Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.6%
Implied 1-yr
+10.6%
2026 Q3
$400.5K
2026 Q4
$409.5K
ZIP 50010 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lincoln Way