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406 State St

Jefferson, IA 50129

2 bd 1 ba 1,302 sqft Built 1900 Lot 9,148 sqft multi_family
Most recent sale
$60,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2021 Sold $60,000 MLS #5755681
Aug 16, 2021 Price changed $74,000 MLS #5755681
May 11, 2021 Listed $79,000 MLS #5755681
Jun 19, 2017 Sold $32,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $27,500 $13,200 $40,700 $730
2023 $24,900 $13,200 $38,100 $568
2022 $16,700 $8,300 $25,000 $556
2021 $16,700 $8,300 $25,000 $560
2020 $15,900 $8,300 $24,200 $548
2019 $15,900 $8,300 $24,200 $620
2018 $18,100 $8,300 $26,400 $602
2017 $18,100 $8,300 $26,400 $628
2016 $23,500 $5,300 $28,800 $606
2015 $23,500 $5,300 $28,800 $608
2014 $23,500 $5,300 $28,800 $606
2013 $23,500 $5,300 $28,800 $618
2012 $24,500 $5,300 $29,800 $712
2011 $27,900 $6,400 $34,300 $680
2008 $6,800 $34,000 $656

Property facts

Year built
1900
Property type
multi_family
Stories
Beds
2
Baths
1
Living area
1,302 sqft
Lot size
9,148 sqft
ZIP code
50129
City
Jefferson
Street
State St
Coordinates
42.01659, -94.36970

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
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 State St last sell?
406 State St most recently sold on Dec 22, 2021 for $60,000.
What is the current tax assessment for 406 State St?
The most recent total assessment for 406 State St (year 2025) is $40,700 with $730 in property tax.
How does 406 State St's assessment compare to its last sale price?
The current assessment is 32.2% below the last sale price of $60,000.
When was 406 State St built?
406 State St was built in 1900.
How does 406 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 406 State St?
406 State St is a 2 bed, 1 bath, 1,302 sqft, 9,148 sqft lot multi_family.
Is 406 State St a flip candidate?
No — 406 State St does not appear in our flips dataset.
Is 406 State St a tax-appeal candidate?
No — 406 State 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
+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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