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616 3rd St

Council Bluffs, IA 51503

3 bd 2 ba 1,120 sqft Built 1980 Lot 5,000 sqft multi_family
Most recent sale
$183,000
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2022 Sold $183,000 Public Record
Apr 29, 2022 Sold $183,000 GreatPlainsRegional
Mar 23, 2022 Price changed $190,000 MLS #22205345
Mar 22, 2022 Price changed $190,000 MLS #22-361
Mar 17, 2022 Listed $200,000 MLS #22205345
Mar 16, 2022 Listed $200,000 MLS #22-361

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $182,000 $22,800 $204,800 $3,778
2024 $182,000 $22,800 $204,800 $3,740
2023 $167,800 $19,800 $187,600 $3,636
2022 $137,900 $14,100 $152,000 $3,566
2021 $137,900 $14,100 $152,000 $3,428
2020 $124,668 $12,653 $137,321 $3,410
2019 $124,668 $12,653 $137,321 $3,530
2018 $124,668 $12,653 $137,321 $3,464
2017 $124,668 $12,653 $137,321 $3,502
2016 $124,668 $12,653 $137,321 $3,426
2015 $124,668 $12,653 $137,321 $3,428
2014 $124,668 $12,653 $137,321 $3,382
2013 $124,668 $12,653 $137,321 $3,186
2012 $124,668 $12,653 $137,321 $3,066
2010 $124,668 $12,653 $137,321 $3,154
2009 $131,229 $13,319 $144,548 $2,854
2007 $131,229 $13,319 $144,548 $2,746

Property facts

Year built
1980
Property type
multi_family
Stories
1
Beds
3
Baths
2
Living area
1,120 sqft
Lot size
5,000 sqft
ZIP code
51503
City
Council Bluffs
Street
3rd St
Coordinates
41.25483, -95.84856

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,680
Gross rental yield
11.02%
Implied cap rate
7.16%
Trend-extrapolated value

Frequently asked questions

When did 616 3rd St last sell?
616 3rd St most recently sold on May 5, 2022 for $183,000.
What is the current tax assessment for 616 3rd St?
The most recent total assessment for 616 3rd St (year 2025) is $204,800 with $3,778 in property tax.
How does 616 3rd St's assessment compare to its last sale price?
The current assessment is 11.9% above the last sale price of $183,000.
When was 616 3rd St built?
616 3rd St was built in 1980.
How does 616 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 616 3rd St?
616 3rd St is a 3 bed, 2 bath, 1,120 sqft, 5,000 sqft lot multi_family.
Is 616 3rd St a flip candidate?
No — 616 3rd St does not appear in our flips dataset.
Is 616 3rd St a tax-appeal candidate?
No — 616 3rd 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
-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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