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508 Franklin Ave

Council Bluffs, IA 51503

3 bd 1 ba 1,268 sqft Built 1950 Lot 6,098 sqft single_family
Most recent sale
$180,000
Jun 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 20, 2022 Sold $180,000 Public Record
May 5, 2022 Listed $167,500 MLS #22-758
Aug 28, 2015 Sold $79,000 SouthwestIowa
Jul 2, 2015 Price changed $82,900 MLS #15-1241
Jun 2, 2015 Listed $89,900 MLS #15-1241
Mar 11, 2014 Listing removed $100,000 SouthwestIowa
Aug 20, 2013 Price changed $100,000 MLS #13-190
Jan 28, 2013 Listed $105,000 MLS #13-190
Oct 29, 2009 Sold $89,000 Public Record
Sep 13, 2009 Listing removed $89,000 SouthwestIowa
Aug 19, 2009 Price changed $89,000 MLS #09-1746
Jul 20, 2009 Listed $95,000 MLS #09-1746

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $146,600 $27,300 $173,900 $3,160
2024 $146,600 $27,300 $173,900 $3,128
2023 $133,100 $23,800 $156,900 $2,990
2022 $100,300 $24,700 $125,000 $2,934
2021 $100,300 $24,700 $125,000 $2,696
2020 $92,015 $15,938 $107,953 $2,682
2019 $92,015 $15,938 $107,953 $2,776
2018 $92,015 $15,938 $107,953 $2,724
2017 $92,015 $15,938 $107,953 $2,752
2016 $92,015 $15,938 $107,953 $2,692
2015 $92,015 $15,938 $107,953 $2,696
2014 $92,015 $15,938 $107,953 $2,660
2013 $92,015 $15,938 $107,953 $2,506
2012 $92,015 $15,938 $107,953 $2,410
2010 $92,015 $15,938 $107,953 $2,480
2009 $96,858 $16,777 $113,635 $2,092
2007 $96,858 $16,777 $113,635 $2,008

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,268 sqft
Lot size
6,098 sqft
ZIP code
51503
City
Council Bluffs
Street
Franklin Ave
Coordinates
41.26154, -95.83813

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
$1,902
Gross rental yield
12.68%
Implied cap rate
8.24%
Trend-extrapolated value

Frequently asked questions

When did 508 Franklin Ave last sell?
508 Franklin Ave most recently sold on Jun 20, 2022 for $180,000.
What is the current tax assessment for 508 Franklin Ave?
The most recent total assessment for 508 Franklin Ave (year 2025) is $173,900 with $3,160 in property tax.
How does 508 Franklin Ave's assessment compare to its last sale price?
The current assessment is 3.4% below the last sale price of $180,000.
When was 508 Franklin Ave built?
508 Franklin Ave was built in 1950.
How does 508 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 508 Franklin Ave?
508 Franklin Ave is a 3 bed, 1 bath, 1,268 sqft, 6,098 sqft lot single_family.
Is 508 Franklin Ave a flip candidate?
No — 508 Franklin Ave does not appear in our flips dataset.
Is 508 Franklin Ave a tax-appeal candidate?
No — 508 Franklin Ave 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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