480 2nd St
Fairfax, IA 52228
4 bd 3 ba 2,500 sqft Built 2013 Lot 13,939 sqft condos
Most recent sale
$285,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $285,000 | Public Record |
| Aug 5, 2022 | Listed | $285,000 | MLS #2207627 |
| Jul 30, 2015 | Sold | $212,000 | Public Record |
| Mar 18, 2015 | Price changed | $209,900 | MLS #1406682 |
| Mar 16, 2015 | Price changed | $209,900 | MLS #20145080 |
| Dec 5, 2014 | Price changed | $204,900 | MLS #1406682 |
| Dec 4, 2014 | Price changed | $204,900 | MLS #20145080 |
| Oct 7, 2014 | Listed | $189,900 | MLS #20145080 |
| Oct 1, 2014 | Listed | $189,900 | MLS #1406682 |
| Aug 9, 2013 | Listed | $190,300 | MLS #1305606 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $259,200 | $29,500 | $288,700 | $3,594 |
| 2023 | $227,800 | $29,500 | $257,300 | $3,670 |
| 2022 | $186,700 | $29,500 | $216,200 | $3,614 |
| 2021 | $186,700 | $29,500 | $216,200 | $3,704 |
| 2020 | $180,600 | $29,500 | $210,100 | $3,624 |
| 2019 | $180,600 | $29,500 | $210,100 | $3,508 |
| 2018 | $171,000 | $29,500 | $200,500 | $3,344 |
| 2017 | $171,000 | $25,000 | $196,000 | $3,242 |
| 2016 | $159,300 | $25,000 | $184,300 | $3,272 |
Property facts
Year built
2013
Property type
condos
Stories
—
Beds
4
Baths
3
Living area
2,500 sqft
Lot size
13,939 sqft
ZIP code
52228
City
Fairfax
Street
2nd St
Coordinates
41.93105, -91.77057
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,710
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 480 2nd St last sell?
480 2nd St most recently sold on Sep 30, 2022 for $285,000.
What is the current tax assessment for 480 2nd St?
The most recent total assessment for 480 2nd St (year 2025) is $288,700 with $3,594 in property tax.
How does 480 2nd St's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $285,000.
When was 480 2nd St built?
480 2nd St was built in 2013.
How does 480 2nd St compare to others on 2nd St?
We track 8 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 480 2nd St?
480 2nd St is a 4 bed, 3 bath, 2,500 sqft, 13,939 sqft lot condos.
Is 480 2nd St a flip candidate?
No — 480 2nd St does not appear in our flips dataset.
Is 480 2nd St a tax-appeal candidate?
No — 480 2nd 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
+4.1%
Implied 1-yr
+16.3%
2026 Q3
$3.15M
2026 Q4
$3.25M
ZIP 52228 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St