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407 2nd St

Grundy Center, IA 50638

3 bd 2 ba 1,280 sqft Built 1962 Lot 8,276 sqft single_family
Most recent sale
$135,000
Oct 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2022 Sold $135,000 Public Record
Aug 10, 2022 Listed $135,000 MLS #20223803
Jun 17, 2015 Sold $86,000 Public Record
Apr 8, 2015 Listed $89,900 MLS #20152337
Jan 28, 2015 Listed $95,000 MLS #20143468
Dec 13, 2012 Sold $65,500 Public Record
Aug 31, 2012 Listed $70,000 MLS #204470

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,970 $12,150 $149,120 $2,340
2024 $136,970 $12,150 $149,120 $2,366
2023 $126,430 $12,150 $138,580 $2,256
2022 $103,750 $10,630 $114,380 $2,180
2021 $103,750 $10,630 $114,380 $2,010
2020 $97,570 $10,630 $108,200 $1,862
2019 $95,430 $10,630 $106,060 $1,828
2018 $89,690 $10,630 $100,320 $1,804
2017 $89,690 $10,630 $100,320 $1,744
2016 $84,970 $10,630 $95,600 $1,712
2015 $84,970 $10,630 $95,600 $1,514
2014 $70,960 $13,020 $83,980 $1,662
2012 $70,960 $13,020 $83,980 $1,690
2009 $67,179 $9,939 $77,118 $1,340
2008 $67,179 $9,939 $77,118 $1,424
2007 $67,179 $9,939 $77,118 $1,258
2004 $67,179 $9,939 $77,118 $1,170

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,280 sqft
Lot size
8,276 sqft
ZIP code
50638
City
Grundy Center
Street
2nd St
Coordinates
42.36367, -92.76487

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 2nd St last sell?
407 2nd St most recently sold on Oct 6, 2022 for $135,000.
What is the current tax assessment for 407 2nd St?
The most recent total assessment for 407 2nd St (year 2025) is $149,120 with $2,340 in property tax.
How does 407 2nd St's assessment compare to its last sale price?
The current assessment is 10.5% above the last sale price of $135,000.
When was 407 2nd St built?
407 2nd St was built in 1962.
How does 407 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 407 2nd St?
407 2nd St is a 3 bed, 2 bath, 1,280 sqft, 8,276 sqft lot single_family.
Is 407 2nd St a flip candidate?
No — 407 2nd St does not appear in our flips dataset.
Is 407 2nd St a tax-appeal candidate?
No — 407 2nd 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
+2.9%
Implied 1-yr
+11.7%
2026 Q2
$280.9K
2026 Q3
$287.8K
ZIP 50638 — Median Price History + Forecast

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