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507 Magazine Rd

Ankeny, IA 50023

5 bd 4 ba 2,487 sqft Built 2024 Lot 11,151 sqft single_family
Most recent sale
$85,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2025 Sold $795,000 DesMoines
Apr 19, 2024 Sold $85,000 DesMoines
Apr 3, 2024 Listing removed DesMoines
Apr 24, 2023 Relisted $85,000 DesMoines
Apr 20, 2023 Listing removed DesMoines
Apr 20, 2022 Listed $85,000 MLS #650179
Jul 7, 2020 Listed $85,000 MLS #609236

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $713,800 $93,100 $806,900 $14
2023 $840 $840 $18
2022 $840 $840 $18
2020 $840 $840 $22

Property facts

Year built
2024
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,487 sqft
Lot size
11,151 sqft
ZIP code
50023
City
Ankeny
Street
Magazine Rd
Coordinates
41.71665, -93.60709

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Magazine Rd last sell?
507 Magazine Rd most recently sold on Apr 19, 2024 for $85,000.
What is the current tax assessment for 507 Magazine Rd?
The most recent total assessment for 507 Magazine Rd (year 2025) is $806,900 with $14 in property tax.
How does 507 Magazine Rd's assessment compare to its last sale price?
The current assessment is 849.3% above the last sale price of $85,000.
When was 507 Magazine Rd built?
507 Magazine Rd was built in 2024.
How does 507 Magazine Rd compare to others on Magazine Rd?
We track 8 other properties on Magazine Rd. Browse the list under "Other properties on Magazine Rd" to compare beds, baths, and sale history.
What are the property facts for 507 Magazine Rd?
507 Magazine Rd is a 5 bed, 4 bath, 2,487 sqft, 11,151 sqft lot single_family.
Is 507 Magazine Rd a flip candidate?
Yes — 507 Magazine Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Magazine Rd a tax-appeal candidate?
No — 507 Magazine Rd 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
+0.3%
Implied 1-yr
+1.1%
2027 Q2
$404.4K
2027 Q3
$405.5K
ZIP 50023 — Median Price History + Forecast

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