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223 Locust St

Colfax, IA 50054

2 bd 1 ba 936 sqft Built 1949 Lot 6,177 sqft single_family
Most recent sale
$114,900
Nov 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2023 Sold $144,000 DesMoines
Feb 25, 2023 Listed $145,000 DesMoines
Nov 29, 2021 Sold $114,900 MLS #639853
Apr 14, 2016 Listing removed $67,500 Newton
Apr 14, 2016 Sold $62,000 MLS #5456666
Mar 1, 2016 Price changed $67,500 MLS #66608
Jan 14, 2016 Price changed $68,500 MLS #66608
Nov 23, 2015 Listed $69,900 MLS #66608
Oct 19, 2012 Sold $59,900 MLS #5450625
Sep 18, 2012 Listing removed $68,800 Newton
Sep 11, 2012 Price changed $68,800 MLS #64417
Sep 4, 2012 Price changed $69,100 MLS #64417
Aug 8, 2012 Price changed $69,400 MLS #64417
Jun 25, 2012 Listed $69,900 MLS #64417
Jun 1, 2011 Sold $44,500 MLS #5446346

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $123,830 $13,020 $136,850 $2,284
2024 $123,830 $13,020 $136,850 $2,294
2023 $117,150 $13,020 $130,170 $1,744
2022 $72,370 $13,020 $85,390 $1,562
2021 $65,500 $13,020 $78,520 $1,446
2020 $60,100 $9,110 $69,210 $1,390
2019 $60,100 $9,110 $69,210 $1,298
2018 $51,700 $8,280 $59,980 $1,274
2017 $51,700 $8,280 $59,980 $1,280
2015 $51,700 $8,280 $59,980 $1,412
2014 $51,700 $8,280 $59,980 $1,354
2013 $51,700 $8,280 $59,980 $1,416
2012 $67,330 $8,280 $75,610 $1,444
2011 $67,330 $8,280 $75,610 $1,522

Property facts

Year built
1949
Property type
single_family
Stories
Beds
2
Baths
1
Living area
936 sqft
Lot size
6,177 sqft
ZIP code
50054
City
Colfax
Street
Locust St
Coordinates
41.67456, -93.24698

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$689
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 223 Locust St last sell?
223 Locust St most recently sold on Nov 29, 2021 for $114,900.
What is the current tax assessment for 223 Locust St?
The most recent total assessment for 223 Locust St (year 2025) is $136,850 with $2,284 in property tax.
How does 223 Locust St's assessment compare to its last sale price?
The current assessment is 19.1% above the last sale price of $114,900.
When was 223 Locust St built?
223 Locust St was built in 1949.
How does 223 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 223 Locust St?
223 Locust St is a 2 bed, 1 bath, 936 sqft, 6,177 sqft lot single_family.
Is 223 Locust St a flip candidate?
Yes — 223 Locust St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 223 Locust St a tax-appeal candidate?
No — 223 Locust 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
-0.3%
Implied 1-yr
-1.4%
2026 Q2
$191.7K
2026 Q3
$191K
ZIP 50054 — Median Price History + Forecast

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