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704 8th St

Correctionville, IA 51016

2 bd 1 ba 900 sqft Built 1948 Lot 8,500 sqft single_family
Most recent sale
$88,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $88,000 MLS #816623
Mar 30, 2022 Listed $88,000 MLS #816623
Apr 3, 2014 Listing removed $65,000 NWRegional
Feb 24, 2014 Sold $59,000 Public Record
Jan 6, 2014 Listed $65,000 MLS #16876
Mar 16, 2009 Sold $58,000 MLS #537154
Feb 22, 2009 Listing removed $59,950 NWIowaRegional
Feb 18, 2009 Relisted $59,950 MLS #0900134
Feb 3, 2009 Listing removed $59,950 NWIowaRegional
Jan 20, 2009 Listed $59,950 MLS #537154

Tax assessment history

YearBuildingLandTotal assessedTax paid
2014 $44,810 $6,680 $51,490 $996
2013 $44,810 $6,680 $51,490 $854
2012 $44,810 $6,680 $51,490 $826
2011 $44,810 $6,680 $51,490 $802
2010 $44,810 $6,680 $51,490 $580
2009 $32,320 $5,960 $38,280 $438
2008 $32,320 $5,960 $38,280 $430
2007 $32,320 $5,960 $38,280 $430

Property facts

Year built
1948
Property type
single_family
Stories
Beds
2
Baths
1
Living area
900 sqft
Lot size
8,500 sqft
ZIP code
51016
City
Correctionville
Street
8th St
Coordinates
42.47809, -95.78134

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$528
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 704 8th St last sell?
704 8th St most recently sold on May 6, 2022 for $88,000.
What is the current tax assessment for 704 8th St?
The most recent total assessment for 704 8th St (year 2014) is $51,490 with $996 in property tax.
How does 704 8th St's assessment compare to its last sale price?
The current assessment is 41.5% below the last sale price of $88,000.
When was 704 8th St built?
704 8th St was built in 1948.
How does 704 8th St compare to others on 8th St?
We track 5 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 704 8th St?
704 8th St is a 2 bed, 1 bath, 900 sqft, 8,500 sqft lot single_family.
Is 704 8th St a flip candidate?
No — 704 8th St does not appear in our flips dataset.
Is 704 8th St a tax-appeal candidate?
No — 704 8th 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
+7.1%
Implied 1-yr
+28.5%
2026 Q2
$270.5K
2026 Q3
$283.7K
ZIP 51016 — Median Price History + Forecast

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