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305 Summit Ave

Bancroft, IA 50517

4 bd 1 ba 1,708 sqft Built 1920 Lot 10,454 sqft single_family
Most recent sale
$40,000
Dec 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 25, 2024 Listing removed $169,000 NoCoastMLS
Sep 6, 2024 Sold $129,000 NoCoastMLS
Feb 27, 2024 Listed $149,000 NoCoastMLS
Jan 14, 2024 Listing removed $169,000 NoCoastMLS
Jan 5, 2024 Listing removed NoCoastMLS
Jan 2, 2024 Listed $169,000 NoCoastMLS
Dec 6, 2022 Sold $40,000 Public Record
Dec 6, 2022 Listing removed HeartIARegional
Nov 10, 2022 Sold $40,000 NoCoastMLS
Oct 13, 2022 Price changed $55,000 MLS #6188314
Jul 19, 2022 Price changed $60,000 MLS #6188314
Jun 16, 2022 Price changed $68,000 MLS #6188314
May 2, 2022 Listed $75,000 MLS #6188314
Dec 9, 2011 Sold $40,000 Public Record
Jan 1, 2011 Sold $40,000 Public Record
Apr 10, 2007 Sold $50,000 Public Record
Jan 1, 2007 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $78,758 $9,563 $88,321 $1,532
2023 $37,731 $9,563 $47,294 $752
2022 $41,845 $9,563 $51,408 $638
2021 $36,328 $9,563 $45,891 $538
2020 $32,582 $5,738 $38,320 $524
2019 $32,582 $5,738 $38,320 $570
2018 $33,892 $5,738 $39,630 $554
2017 $33,892 $5,738 $39,630 $574
2016 $34,853 $5,355 $40,208 $560
2015 $34,853 $5,355 $40,208 $416
2014 $26,376 $5,355 $31,731 $396
2013 $26,376 $5,355 $31,731 $418
2012 $28,839 $5,355 $34,194 $564
2011 $28,839 $5,355 $34,194 $1,022
2008 $48,610 $3,443 $52,053 $696

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,708 sqft
Lot size
10,454 sqft
ZIP code
50517
City
Bancroft
Street
Summit Ave
Coordinates
43.29047, -94.21700

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
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 305 Summit Ave last sell?
305 Summit Ave most recently sold on Dec 6, 2022 for $40,000.
What is the current tax assessment for 305 Summit Ave?
The most recent total assessment for 305 Summit Ave (year 2025) is $88,321 with $1,532 in property tax.
How does 305 Summit Ave's assessment compare to its last sale price?
The current assessment is 120.8% above the last sale price of $40,000.
When was 305 Summit Ave built?
305 Summit Ave was built in 1920.
How does 305 Summit Ave compare to others on Summit Ave?
We track 8 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 305 Summit Ave?
305 Summit Ave is a 4 bed, 1 bath, 1,708 sqft, 10,454 sqft lot single_family.
Is 305 Summit Ave a flip candidate?
Yes — 305 Summit Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 305 Summit Ave a tax-appeal candidate?
Yes — 305 Summit Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+10.7%
Implied 1-yr
+42.6%
2025 Q4
$147.1K
2026 Q1
$156.3K
ZIP 50517 — Median Price History + Forecast

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