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228 Frank St

Council Bluffs, IA 51503

6 bd 2 ba 1,358 sqft Built 1920 Lot 5,663 sqft multi_family
Most recent sale
$250,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $250,000 Public Record
Jul 7, 2022 Listed $275,000 MLS #22-1257
Sep 19, 2018 Sold $147,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $234,500 $21,200 $255,700 $4,682
2024 $234,500 $21,200 $255,700 $4,706
2023 $214,100 $18,400 $232,500 $3,616
2022 $133,000 $18,100 $151,100 $3,965
2021 $133,000 $18,100 $151,100 $4,076
2020 $133,000 $18,100 $151,100 $4,254
2019 $132,890 $13,310 $146,200 $3,457
2018 $114,855 $13,310 $128,165 $3,234
2017 $114,855 $13,310 $128,165 $3,268
2016 $114,855 $13,310 $128,165 $3,196
2015 $114,855 $13,310 $128,165 $3,200
2014 $114,855 $13,310 $128,165 $3,158
2013 $114,855 $13,310 $128,165 $2,974
2012 $114,855 $13,310 $128,165 $2,862
2010 $114,855 $13,310 $128,165 $2,944
2009 $120,900 $14,011 $134,911 $2,664
2007 $120,900 $14,011 $134,911 $2,562

Property facts

Year built
1920
Property type
multi_family
Stories
2
Beds
6
Baths
2
Living area
1,358 sqft
Lot size
5,663 sqft
ZIP code
51503
City
Council Bluffs
Street
Frank St
Coordinates
41.26476, -95.83692

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,037
Gross rental yield
9.78%
Implied cap rate
6.36%
Trend-extrapolated value

Frequently asked questions

When did 228 Frank St last sell?
228 Frank St most recently sold on Aug 29, 2022 for $250,000.
What is the current tax assessment for 228 Frank St?
The most recent total assessment for 228 Frank St (year 2025) is $255,700 with $4,682 in property tax.
How does 228 Frank St's assessment compare to its last sale price?
The current assessment is 2.3% above the last sale price of $250,000.
When was 228 Frank St built?
228 Frank St was built in 1920.
How does 228 Frank St compare to others on Frank St?
We track 8 other properties on Frank St. Browse the list under "Other properties on Frank St" to compare beds, baths, and sale history.
What are the property facts for 228 Frank St?
228 Frank St is a 6 bed, 2 bath, 1,358 sqft, 5,663 sqft lot multi_family.
Is 228 Frank St a flip candidate?
No — 228 Frank St does not appear in our flips dataset.
Is 228 Frank St a tax-appeal candidate?
No — 228 Frank 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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