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507 Spruce St

Atlantic, IA 50022

2 bd 1 ba 924 sqft Built 1900 Lot 7,000 sqft single_family
Most recent sale
$79,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $79,000 MLS #6301661
Aug 17, 2022 Listed $79,000 MLS #6301661
Mar 20, 2017 Listing removed $49,900 WestCentralIA
Mar 17, 2017 Sold $41,500 MLS #5412356
Aug 31, 2016 Listed $49,900 MLS #20151915

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $71,940 $5,350 $77,290 $1,280
2024 $71,940 $5,350 $77,290 $1,296
2023 $65,830 $5,350 $71,180 $1,070
2022 $44,590 $5,350 $49,940 $1,052
2021 $44,590 $5,350 $49,940 $1,024
2020 $40,130 $5,350 $45,480 $1,008
2019 $40,130 $5,350 $45,480 $966
2018 $35,670 $5,600 $41,270 $1,200
2017 $46,290 $5,600 $51,890 $1,240
2016 $46,290 $5,600 $51,890 $1,222
2015 $46,290 $5,600 $51,890 $1,210
2014 $46,290 $5,600 $51,890 $1,224
2013 $46,290 $5,600 $51,890 $1,144
2012 $46,320 $4,960 $51,280 $1,102
2011 $46,320 $4,960 $51,280 $1,038
2009 $46,285 $4,713 $50,998 $980
2007 $48,721 $4,961 $53,682 $966
2005 $37,430 $4,961 $42,391 $908

Property facts

Year built
1900
Property type
single_family
Stories
Beds
2
Baths
1
Living area
924 sqft
Lot size
7,000 sqft
ZIP code
50022
City
Atlantic
Street
Spruce St
Coordinates
41.40535, -95.00232

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
$474
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Spruce St last sell?
507 Spruce St most recently sold on Sep 30, 2022 for $79,000.
What is the current tax assessment for 507 Spruce St?
The most recent total assessment for 507 Spruce St (year 2025) is $77,290 with $1,280 in property tax.
How does 507 Spruce St's assessment compare to its last sale price?
The current assessment is 2.2% below the last sale price of $79,000.
When was 507 Spruce St built?
507 Spruce St was built in 1900.
How does 507 Spruce St compare to others on Spruce St?
We track 8 other properties on Spruce St. Browse the list under "Other properties on Spruce St" to compare beds, baths, and sale history.
What are the property facts for 507 Spruce St?
507 Spruce St is a 2 bed, 1 bath, 924 sqft, 7,000 sqft lot single_family.
Is 507 Spruce St a flip candidate?
No — 507 Spruce St does not appear in our flips dataset.
Is 507 Spruce St a tax-appeal candidate?
No — 507 Spruce St 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
+3.7%
Implied 1-yr
+14.6%
2026 Q3
$183.5K
2026 Q4
$188.9K
ZIP 50022 — Median Price History + Forecast

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