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425 240th Ave

Arnolds Park, IA 51331

3 bd 2 ba 1,436 sqft Built 2007 Lot 4,502 sqft condo
Most recent sale
$417,500
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2025 Listed for rent $1,600 RentecDirect
Jul 11, 2022 Sold $417,500 Public Record
Apr 29, 2022 Price changed $465,000 MLS #220199
Mar 21, 2022 Listed $475,000 MLS #220199
Jul 26, 2019 Sold $329,000 Public Record
May 15, 2019 Price changed $329,000 MLS #19-406
Apr 6, 2019 Listed $335,000 MLS #19-406
Nov 4, 2018 Listing removed $349,000 IowaGreatLakes
Aug 31, 2018 Relisted $349,000 MLS #18-1360
Aug 25, 2018 Listing removed $349,000 IowaGreatLakes
Aug 24, 2018 Listed $349,000 MLS #18-1360
Feb 15, 2018 Sold $320,000 Public Record
May 15, 2013 Sold $269,000 Public Record
May 1, 2013 Listing removed $269,000 IowaGreatLakes
Nov 8, 2012 Listed $269,000 MLS #12-998
Apr 8, 2011 Sold $269,500 Public Record
Mar 16, 2011 Listing removed $269,500 IowaGreatLakes
Mar 12, 2011 Listed $269,500 MLS #11-166
Aug 20, 2008 Sold $279,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $294,900 $113,600 $408,500 $3,710
2024 $294,900 $113,600 $408,500 $3,756
2023 $286,800 $83,100 $369,900 $3,540
2022 $237,400 $57,100 $294,500 $3,354
2021 $237,400 $58,900 $296,300 $3,420
2020 $236,600 $48,400 $285,000 $3,394
2019 $236,600 $48,400 $285,000 $3,326
2018 $234,100 $37,100 $271,200 $3,232
2017 $234,100 $37,200 $271,300 $2,992
2015 $224,700 $35,500 $260,200 $2,432
2014 $179,700 $34,500 $214,200 $2,296
2013 $179,700 $34,800 $214,500 $2,298
2012 $183,400 $34,500 $217,900 $2,312
2007 $183,400 $30,100 $213,500 $142

Property facts

Year built
2007
Property type
condo
Stories
1
Beds
3
Baths
2
Living area
1,436 sqft
Lot size
4,502 sqft
ZIP code
51331
City
Arnolds Park
Street
240th Ave
Coordinates
43.37407, -95.11383

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
$2,154
Gross rental yield
6.19%
Implied cap rate
4.02%
Trend-extrapolated value

Frequently asked questions

When did 425 240th Ave last sell?
425 240th Ave most recently sold on Jul 11, 2022 for $417,500.
What is the current tax assessment for 425 240th Ave?
The most recent total assessment for 425 240th Ave (year 2025) is $408,500 with $3,710 in property tax.
How does 425 240th Ave's assessment compare to its last sale price?
The current assessment is 2.2% below the last sale price of $417,500.
When was 425 240th Ave built?
425 240th Ave was built in 2007.
How does 425 240th Ave compare to others on 240th Ave?
We track 8 other properties on 240th Ave. Browse the list under "Other properties on 240th Ave" to compare beds, baths, and sale history.
What are the property facts for 425 240th Ave?
425 240th Ave is a 3 bed, 2 bath, 1,436 sqft, 4,502 sqft lot condo.
Is 425 240th Ave a flip candidate?
No — 425 240th Ave does not appear in our flips dataset.
Is 425 240th Ave a tax-appeal candidate?
No — 425 240th 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
+7.6%
Implied 1-yr
+30.2%
2025 Q4
$1.04M
2026 Q1
$1.09M
ZIP 51331 — Median Price History + Forecast

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