501 Locust St
La Porte City, IA 50651
3 bd 2 ba 1,608 sqft Built 1900 Lot 11,326 sqft single_family
Most recent sale
$120,000
May 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 4, 2023 | Sold | $199,900 | NorthEastIARegional |
| Oct 6, 2022 | Price changed | $239,000 | MLS #20224483 |
| Sep 22, 2022 | Listed | $249,000 | MLS #20224483 |
| May 16, 2022 | Sold | $120,000 | Public Record |
| Sep 1, 2005 | Sold | $85,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $140,360 | $18,360 | $158,720 | $2,610 |
| 2024 | $140,360 | $18,360 | $158,720 | $2,550 |
| 2023 | $131,560 | $18,360 | $149,920 | $1,962 |
| 2022 | $79,010 | $18,360 | $97,370 | $1,908 |
| 2021 | $79,010 | $18,360 | $97,370 | $1,938 |
| 2020 | $81,730 | $12,710 | $94,440 | $1,676 |
| 2019 | $80,380 | $12,710 | $93,090 | $1,728 |
| 2018 | $80,380 | $12,710 | $93,090 | $1,658 |
| 2017 | $80,380 | $12,710 | $93,090 | $1,678 |
| 2016 | $80,380 | $12,710 | $93,090 | $1,644 |
| 2015 | $80,380 | $12,710 | $93,090 | $1,658 |
| 2014 | $80,380 | $12,710 | $93,090 | $1,574 |
| 2013 | $80,380 | $12,710 | $93,090 | $1,554 |
| 2012 | $80,380 | $12,710 | $93,090 | $1,484 |
| 2011 | $80,380 | $12,710 | $93,090 | $1,527 |
| 2010 | $77,590 | $12,090 | $89,680 | $1,485 |
| 2008 | $77,590 | $12,090 | $89,680 | $1,418 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,608 sqft
Lot size
11,326 sqft
ZIP code
50651
City
La Porte City
Street
Locust St
Coordinates
42.31461, -92.19417
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Locust St last sell?
501 Locust St most recently sold on May 16, 2022 for $120,000.
What is the current tax assessment for 501 Locust St?
The most recent total assessment for 501 Locust St (year 2025) is $158,720 with $2,610 in property tax.
How does 501 Locust St's assessment compare to its last sale price?
The current assessment is 32.3% above the last sale price of $120,000.
When was 501 Locust St built?
501 Locust St was built in 1900.
How does 501 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 501 Locust St?
501 Locust St is a 3 bed, 2 bath, 1,608 sqft, 11,326 sqft lot single_family.
Is 501 Locust St a flip candidate?
Yes — 501 Locust St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 501 Locust St a tax-appeal candidate?
No — 501 Locust St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-7.7%
Implied 1-yr
-30.8%
2026 Q1
$89.9K
2026 Q2
$76K
ZIP 50651 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Locust St