308 Lake St
Lake Mills, IA 50450
4 bd 5 ba 1,728 sqft Built 1895 Lot 15,682 sqft single_family
Most recent sale
$275,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2022 | Sold | $275,000 | MLS #6164226 |
| Mar 15, 2022 | Listed | $275,000 | MLS #6164226 |
| Aug 31, 2015 | Sold | $126,600 | Public Record |
| Aug 27, 2015 | Listing removed | $139,900 | MasonCity |
| May 28, 2015 | Listed | $139,900 | MLS #150449 |
| Feb 20, 2015 | Sold | $115,500 | Public Record |
| Nov 12, 2014 | Listing removed | $121,900 | NorthEastIowa |
| Sep 24, 2014 | Listed | $121,900 | MLS #26753 |
| Jun 5, 2006 | Sold | $165,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $176,890 | $24,950 | $201,840 | $3,970 |
| 2024 | $176,890 | $24,950 | $201,840 | $3,798 |
| 2023 | $208,930 | $19,750 | $228,680 | $3,306 |
| 2022 | $150,170 | $16,380 | $166,550 | $2,958 |
| 2021 | $150,170 | $16,380 | $166,550 | $2,946 |
| 2020 | $143,020 | $15,600 | $158,620 | $2,972 |
| 2019 | $143,020 | $15,600 | $158,620 | $2,973 |
| 2018 | $136,210 | $14,860 | $151,070 | $2,864 |
| 2017 | $136,210 | $14,860 | $151,070 | $2,648 |
| 2016 | $129,720 | $12,380 | $142,100 | $2,648 |
| 2015 | $129,720 | $12,380 | $142,100 | $2,252 |
| 2014 | $123,540 | $11,790 | $135,330 | $2,196 |
| 2013 | $123,540 | $11,790 | $135,330 | $2,116 |
| 2012 | $123,540 | $11,790 | $135,330 | $2,164 |
| 2011 | $123,540 | $11,790 | $135,330 | $2,210 |
| 2008 | $123,540 | $11,790 | $135,330 | $2,212 |
Property facts
Year built
1895
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
1,728 sqft
Lot size
15,682 sqft
ZIP code
50450
City
Lake Mills
Street
Lake St
Coordinates
43.42174, -93.53199
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
$2,592
Gross rental yield
11.31%
Implied cap rate
7.35%
Trend-extrapolated value
—
Frequently asked questions
When did 308 Lake St last sell?
308 Lake St most recently sold on May 12, 2022 for $275,000.
What is the current tax assessment for 308 Lake St?
The most recent total assessment for 308 Lake St (year 2025) is $201,840 with $3,970 in property tax.
How does 308 Lake St's assessment compare to its last sale price?
The current assessment is 26.6% below the last sale price of $275,000.
When was 308 Lake St built?
308 Lake St was built in 1895.
How does 308 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 308 Lake St?
308 Lake St is a 4 bed, 5 bath, 1,728 sqft, 15,682 sqft lot single_family.
Is 308 Lake St a flip candidate?
No — 308 Lake St does not appear in our flips dataset.
Is 308 Lake St a tax-appeal candidate?
No — 308 Lake 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
+6.9%
Implied 1-yr
+27.5%
2025 Q3
$240K
2025 Q4
$240K
ZIP 50450 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake St