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507 Court St

Fairfield, IA 52556

2 bd 1 ba 951 sqft Built 1950 Lot 8,712 sqft single_family
Most recent sale
$144,500
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $144,500 Public Record
May 9, 2022 Sold $144,500 MLS #6173741
Apr 7, 2022 Listed $139,000 MLS #6173741
Dec 10, 2021 Sold $333,500 Public Record
May 21, 2014 Sold $90,500 MLS #5375151
Apr 21, 2014 Listing removed $91,500 Fairfield
Apr 15, 2014 Listed $91,500 MLS #15477

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $127,000 $13,200 $140,200 $1,956
2024 $127,000 $13,200 $140,200 $1,860
2023 $106,800 $13,200 $120,000 $1,682
2022 $68,000 $13,200 $81,200 $1,464
2021 $68,000 $13,200 $81,200 $1,464
2020 $64,400 $13,200 $77,600 $1,444
2019 $64,400 $13,200 $77,600 $1,766
2018 $72,500 $14,100 $86,600 $1,688
2017 $72,500 $14,100 $86,600 $1,672
2016 $69,300 $14,900 $84,200 $1,660
2014 $58,100 $13,200 $71,300 $1,414
2013 $58,100 $13,200 $71,300 $1,294
2012 $62,100 $7,300 $69,400 $1,322

Property facts

Year built
1950
Property type
single_family
Stories
Beds
2
Baths
1
Living area
951 sqft
Lot size
8,712 sqft
ZIP code
52556
City
Fairfield
Street
Court St
Coordinates
41.01274, -91.96203

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,427
Gross rental yield
11.85%
Implied cap rate
7.70%
Trend-extrapolated value

Frequently asked questions

When did 507 Court St last sell?
507 Court St most recently sold on May 16, 2022 for $144,500.
What is the current tax assessment for 507 Court St?
The most recent total assessment for 507 Court St (year 2025) is $140,200 with $1,956 in property tax.
How does 507 Court St's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $144,500.
When was 507 Court St built?
507 Court St was built in 1950.
How does 507 Court St compare to others on Court St?
We track 8 other properties on Court St. Browse the list under "Other properties on Court St" to compare beds, baths, and sale history.
What are the property facts for 507 Court St?
507 Court St is a 2 bed, 1 bath, 951 sqft, 8,712 sqft lot single_family.
Is 507 Court St a flip candidate?
No — 507 Court St does not appear in our flips dataset.
Is 507 Court St a tax-appeal candidate?
No — 507 Court 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
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$237K
2026 Q4
$238.7K
ZIP 52556 — Median Price History + Forecast

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