705 Mechanic St
Decorah, IA 52101
2 bd 1 ba 772 sqft Built 1889 Lot 6,098 sqft single_family
Most recent sale
$155,000
Sep 17, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 18, 2022 | Price changed | $189,000 | MLS #20223138 |
| Jul 29, 2022 | Price changed | $199,000 | MLS #20223138 |
| Jul 7, 2022 | Listed | $209,000 | MLS #20223138 |
| Sep 17, 2021 | Sold | $155,000 | Public Record |
| Aug 11, 2021 | Listed | $158,000 | MLS #20213878 |
| Aug 15, 2017 | Sold | $139,500 | Public Record |
| Jun 22, 2017 | Listed | $149,900 | MLS #20173482 |
| Jul 28, 2016 | Listed | $164,900 | MLS #20164407 |
| Mar 3, 2016 | Sold | $112,000 | Public Record |
| Oct 29, 2015 | Listed | $119,900 | MLS #20156771 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $118,810 | $20,580 | $139,390 | $2,304 |
| 2024 | $118,810 | $20,580 | $139,390 | $2,212 |
| 2023 | $101,820 | $20,580 | $122,400 | $2,208 |
| 2022 | $88,830 | $17,150 | $105,980 | $1,912 |
| 2021 | $86,580 | $17,150 | $103,730 | $1,826 |
| 2020 | $80,270 | $17,150 | $97,420 | $1,738 |
| 2019 | $80,270 | $17,150 | $97,420 | $1,778 |
| 2018 | $80,270 | $17,150 | $97,420 | $1,788 |
| 2017 | $80,270 | $17,150 | $97,420 | $1,208 |
| 2016 | $54,160 | $11,910 | $66,070 | $1,184 |
| 2015 | $54,160 | $11,910 | $66,070 | $1,122 |
| 2014 | $51,090 | $11,910 | $63,000 | $1,096 |
| 2013 | $51,090 | $11,910 | $63,000 | $982 |
| 2012 | $47,750 | $11,910 | $59,660 | $1,004 |
| 2011 | $47,750 | $11,910 | $59,660 | $998 |
| 2008 | — | — | $50,030 | $672 |
Property facts
Year built
1889
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
772 sqft
Lot size
6,098 sqft
ZIP code
52101
City
Decorah
Street
Mechanic St
Coordinates
43.29801, -91.79126
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,158
Gross rental yield
8.97%
Implied cap rate
5.83%
Trend-extrapolated value
—
Frequently asked questions
When did 705 Mechanic St last sell?
705 Mechanic St most recently sold on Sep 17, 2021 for $155,000.
What is the current tax assessment for 705 Mechanic St?
The most recent total assessment for 705 Mechanic St (year 2025) is $139,390 with $2,304 in property tax.
How does 705 Mechanic St's assessment compare to its last sale price?
The current assessment is 10.1% below the last sale price of $155,000.
When was 705 Mechanic St built?
705 Mechanic St was built in 1889.
How does 705 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 705 Mechanic St?
705 Mechanic St is a 2 bed, 1 bath, 772 sqft, 6,098 sqft lot single_family.
Is 705 Mechanic St a flip candidate?
No — 705 Mechanic St does not appear in our flips dataset.
Is 705 Mechanic St a tax-appeal candidate?
No — 705 Mechanic St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-8.2%
Implied 1-yr
-32.7%
2026 Q3
$245.4K
2026 Q4
$202.6K
ZIP 52101 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mechanic St