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704 Locust St

Jefferson, IA 50129

4 bd 3 ba 2,323 sqft Built 1965 Lot 14,000 sqft single_family
Most recent sale
$199,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $199,000 MLS #6300042
Jul 27, 2022 Price changed $199,900 MLS #6300042
Jun 28, 2022 Listed $229,000 MLS #6300042

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $230,500 $27,900 $258,400 $3,974
2023 $187,700 $27,900 $215,600 $3,568
2022 $147,200 $22,300 $169,500 $3,498
2021 $147,200 $22,300 $169,500 $3,196
2020 $127,700 $22,300 $150,000 $3,120
2019 $127,700 $22,300 $150,000 $3,164
2018 $124,400 $22,300 $146,700 $3,072
2017 $124,400 $22,300 $146,700 $2,864
2016 $125,700 $17,400 $143,100 $2,760
2015 $125,700 $17,400 $143,100 $2,766
2014 $125,700 $17,400 $143,100 $2,754
2013 $125,700 $17,400 $143,100 $2,706
2012 $125,700 $17,400 $143,100 $2,716
2011 $124,400 $17,700 $142,100 $2,614
2008 $18,800 $148,000 $2,624

Property facts

Year built
1965
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,323 sqft
Lot size
14,000 sqft
ZIP code
50129
City
Jefferson
Street
Locust St
Coordinates
42.00717, -94.37223

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
$1,194
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 704 Locust St last sell?
704 Locust St most recently sold on Sep 28, 2022 for $199,000.
What is the current tax assessment for 704 Locust St?
The most recent total assessment for 704 Locust St (year 2025) is $258,400 with $3,974 in property tax.
How does 704 Locust St's assessment compare to its last sale price?
The current assessment is 29.8% above the last sale price of $199,000.
When was 704 Locust St built?
704 Locust St was built in 1965.
How does 704 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 704 Locust St?
704 Locust St is a 4 bed, 3 bath, 2,323 sqft, 14,000 sqft lot single_family.
Is 704 Locust St a flip candidate?
No — 704 Locust St does not appear in our flips dataset.
Is 704 Locust St a tax-appeal candidate?
Yes — 704 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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