3202 Avenue K
Fort Madison, IA 52627
3 bd 2 ba 1,620 sqft Built 1908 Lot 8,276 sqft multi_family
Most recent sale
$47,500,000
Aug 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 11, 2022 | Sold | $47,500,000 | MLS #6191808 |
| Jun 15, 2022 | Price changed | $59,900 | MLS #6191808 |
| May 7, 2022 | Listed | $69,000 | MLS #6191808 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $36,720 | $11,220 | $47,940 | $956 |
| 2024 | $36,720 | $11,220 | $47,940 | $942 |
| 2023 | $36,240 | $11,220 | $47,460 | $978 |
| 2022 | $31,260 | $11,220 | $42,480 | $840 |
| 2021 | $31,260 | $11,220 | $42,480 | $892 |
| 2020 | $31,020 | $11,890 | $42,910 | $894 |
| 2019 | $31,020 | $11,890 | $42,910 | $870 |
| 2018 | $29,260 | $11,220 | $40,480 | $898 |
| 2017 | $29,260 | $11,220 | $40,480 | $836 |
| 2016 | $27,430 | $8,980 | $36,410 | $794 |
| 2015 | $27,430 | $8,980 | $36,410 | $800 |
| 2014 | — | — | $36,410 | $768 |
| 2013 | — | — | $36,410 | $704 |
| 2012 | — | — | $36,410 | $720 |
| 2010 | — | — | $36,350 | $718 |
| 2009 | — | — | $32,450 | $604 |
| 2008 | — | — | $32,450 | $650 |
| 2007 | — | — | $32,450 | $664 |
Property facts
Year built
1908
Property type
multi_family
Stories
—
Beds
3
Baths
2
Living area
1,620 sqft
Lot size
8,276 sqft
ZIP code
52627
City
Fort Madison
Street
Avenue K
Coordinates
40.62756, -91.35308
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$285,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3202 Avenue K last sell?
3202 Avenue K most recently sold on Aug 11, 2022 for $47,500,000.
What is the current tax assessment for 3202 Avenue K?
The most recent total assessment for 3202 Avenue K (year 2025) is $47,940 with $956 in property tax.
How does 3202 Avenue K's assessment compare to its last sale price?
The current assessment is 99.9% below the last sale price of $47,500,000.
When was 3202 Avenue K built?
3202 Avenue K was built in 1908.
How does 3202 Avenue K compare to others on Avenue K?
We track 4 other properties on Avenue K. Browse the list under "Other properties on Avenue K" to compare beds, baths, and sale history.
What are the property facts for 3202 Avenue K?
3202 Avenue K is a 3 bed, 2 bath, 1,620 sqft, 8,276 sqft lot multi_family.
Is 3202 Avenue K a flip candidate?
No — 3202 Avenue K does not appear in our flips dataset.
Is 3202 Avenue K a tax-appeal candidate?
No — 3202 Avenue K is not currently flagged as a tax-appeal candidate.
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 Avenue K