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231 1st St

Council Bluffs, IA 51503

3 bd 2 ba 1,440 sqft Built 1920 single_family
Most recent sale
$185,000
Jun 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 20, 2022 Sold $185,000 Public Record
Jun 14, 2022 Sold $185,000 SouthwestIowa
Apr 29, 2022 Listed $177,000 MLS #22-720
Jun 25, 2018 Sold $142,000 Public Record
Dec 13, 2017 Sold $52,700 Public Record
Nov 15, 2017 Listing removed $54,900 SouthwestIowa
Oct 23, 2017 Price changed $54,900 MLS #17-1767
Aug 29, 2017 Listed $74,900 MLS #17-1767
Sep 1, 2011 Listing removed $107,500 SouthwestIowa
Jun 27, 2011 Price changed $107,500 MLS #11-1298
Jun 1, 2011 Listed $114,500 MLS #11-1298
Apr 26, 2011 Sold $95,000 Public Record
Mar 16, 2011 Listing removed $99,500 SouthwestIowa
Feb 17, 2011 Listed $99,500 MLS #11-267

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $200,400 $21,200 $221,600 $3,434
2024 $200,400 $21,200 $221,600 $3,394
2023 $162,300 $18,400 $180,700 $3,410
2022 $132,500 $15,100 $147,600 $3,172
2021 $132,500 $15,100 $147,600 $3,388
2020 $132,500 $15,100 $147,600 $3,290
2019 $132,500 $12,100 $144,600 $2,286
2018 $76,733 $12,159 $88,892 $2,242
2017 $76,733 $12,159 $88,892 $2,266
2016 $76,733 $12,159 $88,892 $2,218
2015 $76,733 $12,159 $88,892 $2,220
2014 $76,733 $12,159 $88,892 $2,190
2013 $76,733 $12,159 $88,892 $2,062
2012 $76,733 $12,159 $88,892 $1,984
2010 $76,733 $12,159 $88,892 $2,042
2009 $80,772 $12,799 $93,571 $1,848
2007 $80,772 $12,799 $93,571 $1,778

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,440 sqft
Lot size
ZIP code
51503
City
Council Bluffs
Street
1st St
Coordinates
41.26577, -95.84533

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
$2,160
Gross rental yield
14.01%
Implied cap rate
9.11%
Trend-extrapolated value

Frequently asked questions

When did 231 1st St last sell?
231 1st St most recently sold on Jun 20, 2022 for $185,000.
What is the current tax assessment for 231 1st St?
The most recent total assessment for 231 1st St (year 2025) is $221,600 with $3,434 in property tax.
How does 231 1st St's assessment compare to its last sale price?
The current assessment is 19.8% above the last sale price of $185,000.
When was 231 1st St built?
231 1st St was built in 1920.
How does 231 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 231 1st St?
231 1st St is a 3 bed, 2 bath, 1,440 sqft single_family.
Is 231 1st St a flip candidate?
No — 231 1st St does not appear in our flips dataset.
Is 231 1st St a tax-appeal candidate?
Yes — 231 1st St 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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