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518 Summer St

Burlington, IA 52601

4 bd 1 ba 1,904 sqft Built 1895 Lot 6,970 sqft single_family
Most recent sale
$25,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2025 Sold $159,900 NoCoastMLS
Apr 18, 2025 Listed $159,900 NoCoastMLS
Sep 25, 2024 Listing removed $64,900 NoCoastMLS
Jun 26, 2024 Sold $22,000 NoCoastMLS
Apr 9, 2024 Listed $33,333 NoCoastMLS
Jun 27, 2022 Listing removed $46,900 SouthEastIowa
Apr 29, 2022 Sold $25,000 MLS #6160836
Mar 8, 2022 Listed $37,500 MLS #6160836
Jan 13, 2022 Price changed $37,500 MLS #6109251
Oct 30, 2021 Price changed $39,900 MLS #6109251
Oct 5, 2021 Listed $45,900 MLS #6109251
May 28, 2021 Listing removed HeartIARegional
Mar 18, 2021 Listed $46,900 MLS #5686078
Oct 1, 2017 Listing removed $64,900 SouthEastIowa
Mar 19, 2017 Listed $64,900 MLS #20164875
Nov 3, 2016 Listing removed $800 RentlinxUnits
Oct 27, 2016 Price changed (rent) $800 RentlinxUnits
Aug 24, 2016 Listed for rent $875 RentlinxUnits

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $67,000 $7,000 $74,000 $724
2024 $67,000 $7,000 $74,000 $456
2023 $30,300 $7,000 $37,300 $528
2022 $28,200 $7,000 $35,200 $1,006
2021 $42,400 $7,000 $49,400 $1,080
2020 $42,400 $7,000 $49,400 $1,072
2019 $42,400 $7,000 $49,400 $1,118
2018 $39,300 $9,300 $48,600 $1,120
2017 $39,300 $9,300 $48,600 $1,096
2016 $37,200 $9,300 $46,500 $1,058
2015 $37,200 $9,300 $46,500 $1,072
2014 $37,200 $9,300 $46,500 $1,168
2013 $43,300 $8,400 $51,700 $976
2012 $45,800 $8,400 $54,200 $984
2011 $45,800 $8,400 $54,200 $982
2010 $45,800 $8,400 $54,200 $966
2009 $45,800 $8,400 $54,200 $878
2008 $45,800 $8,400 $54,200 $830
2007 $41,600 $7,600 $49,200 $778

Property facts

Year built
1895
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,904 sqft
Lot size
6,970 sqft
ZIP code
52601
City
Burlington
Street
Summer St
Coordinates
40.80265, -91.11345

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
$150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 518 Summer St last sell?
518 Summer St most recently sold on Apr 29, 2022 for $25,000.
What is the current tax assessment for 518 Summer St?
The most recent total assessment for 518 Summer St (year 2025) is $74,000 with $724 in property tax.
How does 518 Summer St's assessment compare to its last sale price?
The current assessment is 196.0% above the last sale price of $25,000.
When was 518 Summer St built?
518 Summer St was built in 1895.
How does 518 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 518 Summer St?
518 Summer St is a 4 bed, 1 bath, 1,904 sqft, 6,970 sqft lot single_family.
Is 518 Summer St a flip candidate?
Yes — 518 Summer St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 518 Summer St a tax-appeal candidate?
No — 518 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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