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500 3rd Ave

Clear Lake, IA 50428

3 bd 3 ba 1,984 sqft Built 1900 Lot 8,712 sqft multi_family
Most recent sale
$146,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 25, 2024 Listing removed $114,000 NoCoastMLS
Aug 20, 2024 Listing removed $99,500 NoCoastMLS
Nov 14, 2022 Sold $235,000 NoCoastMLS
Sep 30, 2022 Listed $229,900 MLS #6302993
Jun 27, 2022 Listing removed $99,500 NorthIowa
Apr 8, 2022 Sold $146,000 Public Record
Apr 6, 2022 Sold $146,000 NoCoastMLS
Aug 20, 2014 Listing removed $99,500 ClearLake
May 7, 2014 Price changed $99,500 MLS #20816
Feb 25, 2014 Listed $114,000 MLS #20816
Jan 31, 2014 Listing removed $114,000 ClearLake
Aug 1, 2013 Listed $114,000 MLS #20396
May 3, 2006 Sold $97,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $199,230 $46,200 $245,430 $3,012
2024 $199,230 $46,200 $245,430 $2,926
2023 $186,700 $34,650 $221,350 $2,280
2022 $119,210 $26,400 $145,610 $1,790
2021 $88,880 $26,400 $115,280 $1,708
2020 $82,050 $26,400 $108,450 $1,624
2019 $78,390 $26,400 $104,790 $1,568
2018 $71,810 $26,400 $98,210 $1,478
2017 $76,250 $18,150 $94,400 $1,466
2016 $72,870 $18,150 $91,020 $1,384
2015 $69,190 $18,150 $87,340 $1,774
2014 $87,300 $18,150 $105,450 $1,882
2013 $94,160 $18,150 $112,310 $1,810
2012 $90,350 $18,150 $108,500 $1,774
2011 $90,350 $18,150 $108,500 $1,698
2009 $88,910 $18,150 $107,060 $1,490
2008 $87,970 $17,490 $105,460 $1,390
2006 $84,610 $16,500 $101,110 $1,380
2004 $79,710 $16,500 $96,210 $1,350

Property facts

Year built
1900
Property type
multi_family
Stories
Beds
3
Baths
3
Living area
1,984 sqft
Lot size
8,712 sqft
ZIP code
50428
City
Clear Lake
Street
3rd Ave
Coordinates
43.13968, -93.38225

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
$876
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 500 3rd Ave last sell?
500 3rd Ave most recently sold on Apr 8, 2022 for $146,000.
What is the current tax assessment for 500 3rd Ave?
The most recent total assessment for 500 3rd Ave (year 2025) is $245,430 with $3,012 in property tax.
How does 500 3rd Ave's assessment compare to its last sale price?
The current assessment is 68.1% above the last sale price of $146,000.
When was 500 3rd Ave built?
500 3rd Ave was built in 1900.
How does 500 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 500 3rd Ave?
500 3rd Ave is a 3 bed, 3 bath, 1,984 sqft, 8,712 sqft lot multi_family.
Is 500 3rd Ave a flip candidate?
Yes — 500 3rd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 500 3rd Ave a tax-appeal candidate?
No — 500 3rd Ave 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
+5.1%
Implied 1-yr
+20.2%
2026 Q3
$638.1K
2026 Q4
$662.4K
ZIP 50428 — Median Price History + Forecast

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