2275 240th St
Fairfield, IA 52556
3 bd 1 ba 1,186 sqft Built 1940 Lot 1,739,786 sqft single_family
Most recent sale
$280,000
Nov 30, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 30, 2021 | Sold | $280,000 | MLS #6092275 |
| Dec 16, 2020 | Sold | $178,500 | Public Record |
| Jan 15, 2008 | Sold | $335,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $142,500 | $12,500 | $155,000 | $1,522 |
| 2024 | $142,500 | $12,500 | $155,000 | $1,394 |
| 2023 | $100,500 | $10,100 | $110,600 | $1,098 |
| 2022 | $70,300 | $7,900 | $78,200 | $1,116 |
| 2021 | $70,700 | $8,500 | $79,200 | $1,176 |
| 2020 | $71,000 | $8,100 | $79,100 | $1,176 |
| 2019 | $71,000 | $8,500 | $79,500 | $1,256 |
| 2018 | $72,100 | $11,700 | $83,800 | $1,222 |
| 2017 | $74,500 | $11,700 | $86,200 | $1,148 |
| 2016 | $71,400 | $11,300 | $82,700 | $1,146 |
| 2014 | $73,500 | $11,300 | $84,800 | $1,178 |
| 2013 | $73,500 | $12,000 | $85,500 | $1,196 |
| 2012 | $70,100 | $9,200 | $79,300 | $1,216 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,186 sqft
Lot size
1,739,786 sqft
ZIP code
52556
City
Fairfield
Street
240th St
Coordinates
40.96140, -91.93530
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,779
Gross rental yield
7.62%
Implied cap rate
4.96%
Trend-extrapolated value
—
Frequently asked questions
When did 2275 240th St last sell?
2275 240th St most recently sold on Nov 30, 2021 for $280,000.
What is the current tax assessment for 2275 240th St?
The most recent total assessment for 2275 240th St (year 2025) is $155,000 with $1,522 in property tax.
How does 2275 240th St's assessment compare to its last sale price?
The current assessment is 44.6% below the last sale price of $280,000.
When was 2275 240th St built?
2275 240th St was built in 1940.
How does 2275 240th St compare to others on 240th St?
We track 3 other properties on 240th St. Browse the list under "Other properties on 240th St" to compare beds, baths, and sale history.
What are the property facts for 2275 240th St?
2275 240th St is a 3 bed, 1 bath, 1,186 sqft, 1,739,786 sqft lot single_family.
Is 2275 240th St a flip candidate?
Yes — 2275 240th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2275 240th St a tax-appeal candidate?
No — 2275 240th 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
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$237K
2026 Q4
$238.7K
ZIP 52556 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 240th St