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603 Mechanic St

Decorah, IA 52101

3 bd 2 ba 2,075 sqft Built 1900 Lot 13,038 sqft single_family
Most recent sale
$342,500
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2023 Sold $376,000 NorthEastIARegional
Jul 29, 2022 Sold $342,500 Public Record
Jun 3, 2022 Listed $369,900 MLS #20222377
Aug 26, 2021 Sold $203,000 Public Record
May 23, 2016 Sold $74,500 Public Record
Feb 1, 2016 Listed $75,000 MLS #20160519
Dec 1, 2006 Sold $79,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $348,360 $43,630 $391,990 $6,208
2024 $348,360 $43,630 $391,990 $5,922
2023 $294,520 $43,630 $338,150 $4,876
2022 $206,530 $36,360 $242,890 $4,908
2021 $206,860 $36,360 $243,220 $4,724
2020 $193,360 $36,360 $229,720 $2,698
2019 $101,240 $36,360 $137,600 $992
2018 $13,240 $36,360 $49,600 $1,004
2017 $13,480 $36,360 $49,840 $530
2016 $25,240 $25,240 $522
2015 $25,240 $25,240 $776
2014 $25,240 $25,240 $512
2013 $25,240 $25,240 $490
2012 $25,240 $25,240 $486
2011 $25,240 $25,240 $472
2008 $25,240 $852

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,075 sqft
Lot size
13,038 sqft
ZIP code
52101
City
Decorah
Street
Mechanic St
Coordinates
43.29937, -91.79126

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,113
Gross rental yield
10.91%
Implied cap rate
7.09%
Trend-extrapolated value

Frequently asked questions

When did 603 Mechanic St last sell?
603 Mechanic St most recently sold on Jul 29, 2022 for $342,500.
What is the current tax assessment for 603 Mechanic St?
The most recent total assessment for 603 Mechanic St (year 2025) is $391,990 with $6,208 in property tax.
How does 603 Mechanic St's assessment compare to its last sale price?
The current assessment is 14.4% above the last sale price of $342,500.
When was 603 Mechanic St built?
603 Mechanic St was built in 1900.
How does 603 Mechanic St compare to others on Mechanic St?
We track 8 other properties on Mechanic St. Browse the list under "Other properties on Mechanic St" to compare beds, baths, and sale history.
What are the property facts for 603 Mechanic St?
603 Mechanic St is a 3 bed, 2 bath, 2,075 sqft, 13,038 sqft lot single_family.
Is 603 Mechanic St a flip candidate?
Yes — 603 Mechanic St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 603 Mechanic St a tax-appeal candidate?
No — 603 Mechanic 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
-8.2%
Implied 1-yr
-32.7%
2026 Q3
$245.4K
2026 Q4
$202.6K
ZIP 52101 — Median Price History + Forecast

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