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501 Summer St

Burlington, IA 52601

3 bd 2 ba 1,278 sqft Built 1923 Lot 5,271 sqft single_family
Most recent sale
$56,000
Feb 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 25, 2024 Listing removed $57,500 NoCoastMLS
Jun 27, 2022 Listing removed $57,500 SouthEastIowa
Feb 23, 2022 Sold $56,000 MLS #6113564
Oct 14, 2021 Listed $59,000 MLS #6113564
May 31, 2016 Listing removed $57,500 SouthEastIowa
Mar 29, 2016 Price changed $57,500 MLS #25016133
Nov 30, 2015 Listing removed $59,900 SouthEastIowa
Nov 25, 2015 Listed $59,900 MLS #25016133

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $48,900 $6,500 $55,400 $840
2024 $48,900 $6,500 $55,400 $730
2023 $47,000 $6,500 $53,500 $894
2022 $47,000 $6,500 $53,500 $1,090
2021 $47,000 $6,500 $53,500 $1,170
2020 $47,000 $6,500 $53,500 $1,162
2019 $47,000 $6,500 $53,500 $1,110
2018 $39,600 $8,600 $48,200 $910
2017 $39,600 $8,600 $48,200 $930
2016 $39,400 $8,600 $48,000 $544
2015 $24,000 $8,600 $32,600 $552
2014 $24,000 $8,600 $32,600 $702
2013 $32,200 $7,800 $40,000 $668
2012 $32,200 $7,800 $40,000 $684
2011 $32,200 $7,800 $40,000 $690
2010 $32,200 $7,800 $40,000 $678
2009 $32,200 $7,800 $40,000 $610
2008 $32,200 $7,800 $40,000 $576
2007 $29,300 $7,100 $36,400 $538

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,278 sqft
Lot size
5,271 sqft
ZIP code
52601
City
Burlington
Street
Summer St
Coordinates
40.80343, -91.11402

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$336
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Summer St last sell?
501 Summer St most recently sold on Feb 23, 2022 for $56,000.
What is the current tax assessment for 501 Summer St?
The most recent total assessment for 501 Summer St (year 2025) is $55,400 with $840 in property tax.
How does 501 Summer St's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $56,000.
When was 501 Summer St built?
501 Summer St was built in 1923.
How does 501 Summer St compare to others on Summer St?
We track 8 other properties on Summer St. Browse the list under "Other properties on Summer St" to compare beds, baths, and sale history.
What are the property facts for 501 Summer St?
501 Summer St is a 3 bed, 2 bath, 1,278 sqft, 5,271 sqft lot single_family.
Is 501 Summer St a flip candidate?
No — 501 Summer St does not appear in our flips dataset.
Is 501 Summer St a tax-appeal candidate?
No — 501 Summer 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
+14.9%
2026 Q3
$192K
2026 Q4
$197.8K
ZIP 52601 — Median Price History + Forecast

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