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557 Park Ave

Cherokee, IA 51012

4 bd 3 ba 2,250 sqft Built 1952 Lot 8,625 sqft single_family
Most recent sale
$225,000
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 23, 2023 Price changed $285,000 NWIowaRegional
Jul 26, 2023 Listed $320,000 NWIowaRegional
Jul 11, 2022 Sold $225,000 Public Record
Jul 8, 2022 Listing removed NWIowaRegional
May 17, 2022 Listed $229,900 MLS #817230
Oct 17, 2016 Sold $141,750 Public Record
Aug 30, 2016 Listing removed $147,000 NWRegional
Aug 29, 2016 Listed $147,000 MLS #18545
Aug 22, 2016 Listing removed $147,000 NWRegional
Aug 15, 2016 Listing removed $148,000 NWRegional
Aug 8, 2016 Price changed $148,000 MLS #18151
Jun 27, 2016 Price changed $149,900 MLS #18151
Feb 19, 2016 Listed $152,500 MLS #18151
Mar 28, 2014 Sold $200,100 Public Record
Sep 15, 2011 Listing removed $139,000 Cherokee
Sep 13, 2011 Sold $135,000 Public Record
Jul 21, 2011 Relisted $139,000 MLS #11151
Jun 29, 2011 Listing removed $139,000 Cherokee
Mar 29, 2011 Listed $139,000 MLS #11151
Feb 9, 2011 Listing removed $139,500 Cherokee
Nov 9, 2010 Listed $139,500 MLS #11083

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $294,780 $12,740 $307,520 $4,454
2023 $216,800 $12,740 $229,540 $2,670
2022 $130,640 $9,560 $140,200 $2,416
2021 $130,640 $9,560 $140,200 $2,512
2020 $130,640 $9,560 $140,200 $2,484
2019 $130,640 $9,560 $140,200 $2,630
2018 $130,640 $9,560 $140,200 $2,542
2017 $127,333 $12,004 $139,337 $2,818
2016 $139,018 $12,004 $151,022 $2,754
2015 $129,079 $2,386
2014 $118,819 $10,260 $129,079 $2,480
2013 $118,819 $10,260 $129,079 $2,372
2012 $88,135 $3,791 $91,926 $1,662
2011 $88,135 $3,791 $91,926 $1,642
2009 $88,135 $3,791 $91,926 $1,570
2008 $3,791 $88,135 $91,926 $1,438

Property facts

Year built
1952
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,250 sqft
Lot size
8,625 sqft
ZIP code
51012
City
Cherokee
Street
Park Ave
Coordinates
42.75413, -95.53891

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
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 557 Park Ave last sell?
557 Park Ave most recently sold on Jul 11, 2022 for $225,000.
What is the current tax assessment for 557 Park Ave?
The most recent total assessment for 557 Park Ave (year 2025) is $307,520 with $4,454 in property tax.
How does 557 Park Ave's assessment compare to its last sale price?
The current assessment is 36.7% above the last sale price of $225,000.
When was 557 Park Ave built?
557 Park Ave was built in 1952.
How does 557 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 557 Park Ave?
557 Park Ave is a 4 bed, 3 bath, 2,250 sqft, 8,625 sqft lot single_family.
Is 557 Park Ave a flip candidate?
No — 557 Park Ave does not appear in our flips dataset.
Is 557 Park Ave a tax-appeal candidate?
Yes — 557 Park 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
+0.8%
Implied 1-yr
+3.2%
2026 Q1
$175.8K
2026 Q2
$177.2K
ZIP 51012 — Median Price History + Forecast

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