1427 Reed Ave
Belmond, IA 50421
3 bd 2 ba 836 sqft Built 1890 Lot 13,068 sqft single_family
Most recent sale
$138,000
Feb 8, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 8, 2024 | Sold | $138,000 | NoCoastMLS |
| Jan 2, 2024 | Listed | $142,000 | NoCoastMLS |
| Jul 26, 2023 | Listing removed | $139,000 | NorthIowa |
| May 1, 2023 | Listed | $139,000 | NorthIowa |
| Nov 2, 2005 | Sold | $45,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $101,000 | $31,500 | $132,500 | $704 |
| 2023 | $60,700 | $21,500 | $82,200 | $882 |
| 2022 | $57,400 | $21,500 | $78,900 | $728 |
| 2021 | $44,000 | $21,500 | $65,500 | $736 |
| 2020 | $41,500 | $20,000 | $61,500 | $694 |
| 2019 | $39,400 | $16,500 | $55,900 | $692 |
| 2018 | $38,100 | $16,500 | $54,600 | $658 |
| 2017 | $38,100 | $16,500 | $54,600 | $606 |
| 2016 | $38,300 | $11,500 | $49,800 | $588 |
| 2015 | $38,300 | $11,500 | $49,800 | $588 |
| 2014 | $38,300 | $11,500 | $49,800 | $572 |
| 2008 | — | — | $45,400 | $544 |
Property facts
Year built
1890
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
836 sqft
Lot size
13,068 sqft
ZIP code
50421
City
Belmond
Street
Reed Ave
Coordinates
42.84269, -93.62691
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,254
Gross rental yield
10.90%
Implied cap rate
7.09%
Trend-extrapolated value
—
Frequently asked questions
When did 1427 Reed Ave last sell?
1427 Reed Ave most recently sold on Feb 8, 2024 for $138,000.
What is the current tax assessment for 1427 Reed Ave?
The most recent total assessment for 1427 Reed Ave (year 2024) is $132,500 with $704 in property tax.
How does 1427 Reed Ave's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $138,000.
When was 1427 Reed Ave built?
1427 Reed Ave was built in 1890.
How does 1427 Reed Ave compare to others on Reed Ave?
We track 3 other properties on Reed Ave. Browse the list under "Other properties on Reed Ave" to compare beds, baths, and sale history.
What are the property facts for 1427 Reed Ave?
1427 Reed Ave is a 3 bed, 2 bath, 836 sqft, 13,068 sqft lot single_family.
Is 1427 Reed Ave a flip candidate?
No — 1427 Reed Ave does not appear in our flips dataset.
Is 1427 Reed Ave a tax-appeal candidate?
No — 1427 Reed Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q2
$120.4K
2026 Q3
$119.9K
ZIP 50421 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Reed Ave