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507 2nd St

Elberon, IA 52225

3 bd 1 ba 914 sqft Built 1924 Lot 14,201 sqft single_family
Most recent sale
$100,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $100,000 Public Record
Jun 17, 2022 Sold $100,000 CedarRapids
Apr 4, 2022 Listed $100,000 MLS #2203070
Sep 30, 2015 Listing removed $69,500 CedarRapids
Sep 11, 2015 Sold $68,000 Public Record
May 20, 2015 Listed $69,500 MLS #1504005

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $90,590 $8,820 $99,410 $1,294
2024 $80,850 $8,820 $89,670 $1,370
2023 $80,850 $8,820 $89,670 $1,284
2022 $67,480 $8,820 $76,300 $902
2021 $53,090 $7,850 $60,940 $812
2020 $49,490 $7,850 $57,340 $802
2019 $49,490 $7,850 $57,340 $688
2018 $43,360 $6,040 $49,400 $664
2017 $43,360 $6,040 $49,400 $722
2016 $43,090 $6,040 $49,130 $860
2015 $43,090 $6,040 $49,130 $778
2014 $38,740 $6,040 $44,780 $734
2013 $38,740 $6,040 $44,780 $684
2012 $37,810 $6,040 $43,850 $702
2011 $37,810 $6,040 $43,850 $592

Property facts

Year built
1924
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
914 sqft
Lot size
14,201 sqft
ZIP code
52225
City
Elberon
Street
2nd St
Coordinates
42.00521, -92.31915

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
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 2nd St last sell?
507 2nd St most recently sold on Jun 22, 2022 for $100,000.
What is the current tax assessment for 507 2nd St?
The most recent total assessment for 507 2nd St (year 2025) is $99,410 with $1,294 in property tax.
How does 507 2nd St's assessment compare to its last sale price?
The current assessment is 0.6% below the last sale price of $100,000.
When was 507 2nd St built?
507 2nd St was built in 1924.
How does 507 2nd St compare to others on 2nd St?
We track 3 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 507 2nd St?
507 2nd St is a 3 bed, 1 bath, 914 sqft, 14,201 sqft lot single_family.
Is 507 2nd St a flip candidate?
No — 507 2nd St does not appear in our flips dataset.
Is 507 2nd St a tax-appeal candidate?
No — 507 2nd 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
+10.9%
Implied 1-yr
+43.7%
2025 Q1
$231.5K
2025 Q2
$246.3K
ZIP 52225 — Median Price History + Forecast

Explore nearby

Other properties on 2nd St