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701 Western St

Lake Mills, IA 50450

4 bd 2 ba 2,016 sqft Built 1976 Lot 8,973 sqft single_family
Most recent sale
$203,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $203,000 MLS #6155177
Mar 10, 2022 Listed $203,000 MLS #6155177

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $174,280 $17,470 $191,750 $3,040
2024 $174,280 $17,470 $191,750 $2,904
2023 $167,990 $16,740 $184,730 $2,670
2022 $129,090 $13,810 $142,900 $2,336
2021 $129,090 $13,810 $142,900 $2,440
2020 $122,940 $13,150 $136,090 $2,460
2019 $122,940 $13,150 $136,090 $2,412
2018 $117,090 $12,520 $129,610 $2,376
2017 $117,090 $12,520 $129,610 $2,194
2016 $111,510 $10,430 $121,940 $2,048
2015 $111,510 $10,430 $121,940 $1,900
2014 $106,200 $9,930 $116,130 $1,852
2013 $106,200 $9,930 $116,130 $1,784
2012 $106,200 $9,930 $116,130 $1,832
2011 $106,200 $9,930 $116,130 $1,872
2008 $106,200 $9,930 $116,130 $1,712

Property facts

Year built
1976
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,016 sqft
Lot size
8,973 sqft
ZIP code
50450
City
Lake Mills
Street
Western St
Coordinates
43.41369, -93.53636

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
$1,218
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 701 Western St last sell?
701 Western St most recently sold on May 12, 2022 for $203,000.
What is the current tax assessment for 701 Western St?
The most recent total assessment for 701 Western St (year 2025) is $191,750 with $3,040 in property tax.
How does 701 Western St's assessment compare to its last sale price?
The current assessment is 5.5% below the last sale price of $203,000.
When was 701 Western St built?
701 Western St was built in 1976.
How does 701 Western St compare to others on Western St?
We track 8 other properties on Western St. Browse the list under "Other properties on Western St" to compare beds, baths, and sale history.
What are the property facts for 701 Western St?
701 Western St is a 4 bed, 2 bath, 2,016 sqft, 8,973 sqft lot single_family.
Is 701 Western St a flip candidate?
No — 701 Western St does not appear in our flips dataset.
Is 701 Western St a tax-appeal candidate?
No — 701 Western 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
+6.9%
Implied 1-yr
+27.5%
2025 Q3
$240K
2025 Q4
$240K
ZIP 50450 — Median Price History + Forecast

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