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701 Locust St

Jefferson, IA 50129

3 bd 3 ba 1,565 sqft Built 1962 Lot 14,375 sqft single_family
Most recent sale
$205,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 25, 2024 Listing removed $154,500 NoCoastMLS
Sep 19, 2022 Sold $205,000 MLS #6301065
Jul 29, 2022 Listing removed $119,000 WestCentralIA
Jul 29, 2022 Listed $219,000 MLS #6301065
Jul 28, 2022 Listed $119,000 MLS #6301053
Jun 27, 2022 Listing removed $154,500 WestCentralIA
Oct 22, 2010 Sold $150,000 MLS #5400016
Oct 22, 2010 Listing removed $154,500 RaccoonValley
Oct 8, 2010 Listing removed $154,500 RaccoonValley
Jul 19, 2010 Price changed $154,500 MLS #4381
Jun 3, 2010 Listed $159,900 MLS #4381

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $238,700 $27,500 $266,200 $3,892
2023 $195,500 $27,500 $223,000 $3,730
2022 $151,200 $22,000 $173,200 $3,656
2021 $151,200 $22,000 $173,200 $3,330
2020 $130,500 $22,000 $152,500 $3,252
2019 $130,500 $22,000 $152,500 $3,300
2018 $127,200 $22,000 $149,200 $3,206
2017 $127,200 $22,000 $149,200 $2,446
2016 $105,300 $15,400 $120,700 $2,360
2015 $105,300 $15,400 $120,700 $2,364
2014 $105,300 $15,400 $120,700 $2,542
2013 $105,300 $15,400 $120,700 $2,504
2012 $105,300 $15,400 $120,700 $2,508
2011 $105,300 $15,700 $121,000 $2,196
2008 $16,600 $126,900 $2,216

Property facts

Year built
1962
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,565 sqft
Lot size
14,375 sqft
ZIP code
50129
City
Jefferson
Street
Locust St
Coordinates
42.00787, -94.37151

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,348
Gross rental yield
13.74%
Implied cap rate
8.93%
Trend-extrapolated value

Frequently asked questions

When did 701 Locust St last sell?
701 Locust St most recently sold on Sep 19, 2022 for $205,000.
What is the current tax assessment for 701 Locust St?
The most recent total assessment for 701 Locust St (year 2025) is $266,200 with $3,892 in property tax.
How does 701 Locust St's assessment compare to its last sale price?
The current assessment is 29.9% above the last sale price of $205,000.
When was 701 Locust St built?
701 Locust St was built in 1962.
How does 701 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 701 Locust St?
701 Locust St is a 3 bed, 3 bath, 1,565 sqft, 14,375 sqft lot single_family.
Is 701 Locust St a flip candidate?
No — 701 Locust St does not appear in our flips dataset.
Is 701 Locust St a tax-appeal candidate?
Yes — 701 Locust 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 valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.3%
2026 Q2
$192.4K
2026 Q3
$194.3K
ZIP 50129 — Median Price History + Forecast

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