1123 48th St
Fort Madison, IA 52627
2 bd 2 ba 900 sqft Built 1998 Lot 3,920 sqft single_family
Most recent sale
$87,000
Feb 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 4, 2022 | Sold | $87,000 | Public Record |
| Jan 27, 2022 | Sold | $87,000 | MLS #6135290 |
| Dec 15, 2021 | Listed | $87,000 | MLS #6135290 |
| Feb 14, 2009 | Sold | $78,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $113,590 | $4,060 | $117,650 | $1,324 |
| 2024 | $113,590 | $4,060 | $117,650 | $1,434 |
| 2023 | $85,690 | $4,060 | $89,750 | $1,792 |
| 2022 | $82,720 | $4,060 | $86,780 | $1,538 |
| 2021 | $82,720 | $4,060 | $86,780 | $1,684 |
| 2020 | $85,300 | $4,300 | $89,600 | $1,684 |
| 2019 | $85,300 | $4,300 | $89,600 | $1,634 |
| 2018 | $80,470 | $4,060 | $84,530 | $1,682 |
| 2017 | $80,470 | $4,060 | $84,530 | $1,746 |
| 2016 | $80,470 | $4,060 | $84,530 | $1,654 |
| 2015 | $80,470 | $4,060 | $84,530 | $1,464 |
| 2014 | — | — | $75,270 | $1,400 |
| 2013 | — | — | $75,270 | $1,276 |
| 2012 | — | — | $75,270 | $1,340 |
| 2010 | — | — | $89,270 | $1,426 |
| 2009 | — | — | $80,100 | $1,296 |
| 2008 | — | — | $80,100 | $1,216 |
| 2007 | — | — | $80,100 | $1,622 |
Property facts
Year built
1998
Property type
single_family
Stories
—
Beds
2
Baths
2
Living area
900 sqft
Lot size
3,920 sqft
ZIP code
52627
City
Fort Madison
Street
48th St
Coordinates
40.62666, -91.37331
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
$522
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1123 48th St last sell?
1123 48th St most recently sold on Feb 4, 2022 for $87,000.
What is the current tax assessment for 1123 48th St?
The most recent total assessment for 1123 48th St (year 2025) is $117,650 with $1,324 in property tax.
How does 1123 48th St's assessment compare to its last sale price?
The current assessment is 35.2% above the last sale price of $87,000.
When was 1123 48th St built?
1123 48th St was built in 1998.
How does 1123 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 1123 48th St?
1123 48th St is a 2 bed, 2 bath, 900 sqft, 3,920 sqft lot single_family.
Is 1123 48th St a flip candidate?
No — 1123 48th St does not appear in our flips dataset.
Is 1123 48th St a tax-appeal candidate?
Yes — 1123 48th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.6%
Implied 1-yr
-10.4%
2026 Q3
$135.7K
2026 Q4
$134.6K
ZIP 52627 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 48th St