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227 15th Ave

Council Bluffs, IA 51503

2 bd 1 ba 912 sqft Built 1920 Lot 6,970 sqft single_family
Most recent sale
$72,000
Aug 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Listed for rent $1,295 Zumper
Aug 2, 2022 Sold $72,000 Public Record
Jun 27, 2022 Listed $69,900 MLS #22-1175
Nov 5, 2018 Sold $50,000 Public Record
Oct 16, 2018 Listed $55,000 MLS #18-2131

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $75,600 $23,000 $98,600 $1,810
2024 $75,600 $23,000 $98,600 $2,058
2023 $69,900 $20,000 $89,900 $2,148
2022 $41,600 $18,900 $60,500 $1,744
2021 $41,600 $18,900 $60,500 $2,052
2020 $41,600 $18,900 $60,500 $1,464
2019 $33,055 $13,145 $46,200 $1,342
2018 $50,803 $13,145 $63,948 $1,468
2017 $50,803 $13,145 $63,948 $1,330
2016 $50,803 $13,145 $63,948 $1,294
2015 $50,803 $13,145 $63,948 $1,296
2014 $50,803 $13,145 $63,948 $1,272
2013 $50,803 $13,145 $63,948 $1,190
2012 $50,803 $13,145 $63,948 $1,096
2010 $50,803 $13,145 $63,948 $1,248
2009 $53,477 $13,837 $67,314 $1,096
2007 $53,477 $13,837 $67,314 $1,048

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
912 sqft
Lot size
6,970 sqft
ZIP code
51503
City
Council Bluffs
Street
15th Ave
Coordinates
41.24731, -95.84785

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$432
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 227 15th Ave last sell?
227 15th Ave most recently sold on Aug 2, 2022 for $72,000.
What is the current tax assessment for 227 15th Ave?
The most recent total assessment for 227 15th Ave (year 2025) is $98,600 with $1,810 in property tax.
How does 227 15th Ave's assessment compare to its last sale price?
The current assessment is 36.9% above the last sale price of $72,000.
When was 227 15th Ave built?
227 15th Ave was built in 1920.
How does 227 15th Ave compare to others on 15th Ave?
We track 8 other properties on 15th Ave. Browse the list under "Other properties on 15th Ave" to compare beds, baths, and sale history.
What are the property facts for 227 15th Ave?
227 15th Ave is a 2 bed, 1 bath, 912 sqft, 6,970 sqft lot single_family.
Is 227 15th Ave a flip candidate?
No — 227 15th Ave does not appear in our flips dataset.
Is 227 15th Ave a tax-appeal candidate?
Yes — 227 15th 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
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$272.9K
2026 Q4
$269.4K
ZIP 51503 — Median Price History + Forecast

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