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407 Lynn Ave

Ames, IA 50014

3 bd 2 ba 1,949 sqft Built 1916 Lot 7,214 sqft single_family
Most recent sale
$375,000
Dec 4, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 4, 2023 Sold $375,000 Public Record
Jul 21, 2017 Sold $275,250 DesMoines
Jun 19, 2017 Listed $279,900 DesMoines
Jun 4, 2017 Listed $279,900 CentralIowa

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $285,900 $50,500 $336,400 $4,446
2024 $285,900 $50,500 $336,400 $5,198
2023 $303,400 $62,600 $366,000 $4,212
2022 $187,700 $62,600 $250,300 $4,160
2021 $187,700 $62,600 $250,300 $4,338
2020 $185,000 $61,600 $246,600 $4,276
2019 $185,000 $61,600 $246,600 $4,424
2018 $185,000 $61,600 $246,600 $3,214
2017 $144,500 $48,200 $192,700 $3,268
2016 $153,800 $36,100 $189,900 $3,190
2015 $153,800 $36,100 $189,900 $3,154
2014 $149,300 $35,000 $184,300 $2,748
2013 $134,600 $30,900 $165,500 $2,676
2012 $134,600 $30,900 $165,500 $2,596
2009 $134,600 $30,900 $165,500 $2,278
2007 $134,600 $30,900 $165,500 $2,166
2004 $131,600 $30,900 $162,500 $2,082

Property facts

Year built
1916
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,949 sqft
Lot size
7,214 sqft
ZIP code
50014
City
Ames
Street
Lynn Ave
Coordinates
42.01878, -93.64670

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,924
Gross rental yield
9.36%
Implied cap rate
6.08%
Trend-extrapolated value

Frequently asked questions

When did 407 Lynn Ave last sell?
407 Lynn Ave most recently sold on Dec 4, 2023 for $375,000.
What is the current tax assessment for 407 Lynn Ave?
The most recent total assessment for 407 Lynn Ave (year 2025) is $336,400 with $4,446 in property tax.
How does 407 Lynn Ave's assessment compare to its last sale price?
The current assessment is 10.3% below the last sale price of $375,000.
When was 407 Lynn Ave built?
407 Lynn Ave was built in 1916.
How does 407 Lynn Ave compare to others on Lynn Ave?
We track 8 other properties on Lynn Ave. Browse the list under "Other properties on Lynn Ave" to compare beds, baths, and sale history.
What are the property facts for 407 Lynn Ave?
407 Lynn Ave is a 3 bed, 2 bath, 1,949 sqft, 7,214 sqft lot single_family.
Is 407 Lynn Ave a flip candidate?
No — 407 Lynn Ave does not appear in our flips dataset.
Is 407 Lynn Ave a tax-appeal candidate?
No — 407 Lynn 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
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$300.7K
2026 Q4
$296.5K
ZIP 50014 — Median Price History + Forecast

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