507 7th Ave
Le Mars, IA 51031
3 bd 2 ba 1,358 sqft Built 1973 Lot 11,326 sqft single_family
Most recent sale
$192,500
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 18, 2025 | Sold | $235,000 | NWIowaRegional |
| Aug 1, 2025 | Listed | $234,500 | NWIowaRegional |
| May 26, 2022 | Sold | $192,500 | MLS #816911 |
| Apr 19, 2022 | Listed | $192,500 | MLS #816911 |
| Apr 25, 2019 | Sold | $144,500 | MLS #803696 |
| Jan 17, 2019 | Listed | $145,000 | MLS #803696 |
| Jun 6, 2016 | Sold | $135,000 | Public Record |
| Oct 16, 2007 | Sold | $107,500 | Public Record |
| Nov 14, 2005 | Sold | $102,000 | MLS #528512 |
| Oct 10, 2005 | Listed | $108,500 | MLS #528512 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $164,300 | $30,000 | $194,300 | $2,394 |
| 2024 | $164,300 | $30,000 | $194,300 | $2,460 |
| 2023 | $169,840 | $22,500 | $192,340 | $2,316 |
| 2022 | $133,990 | $22,500 | $156,490 | $2,110 |
| 2021 | $133,990 | $22,500 | $156,490 | $2,064 |
| 2020 | $123,470 | $22,500 | $145,970 | $2,024 |
| 2019 | $123,470 | $22,500 | $145,970 | $2,142 |
| 2018 | $112,730 | $22,500 | $135,230 | $2,210 |
| 2017 | $112,730 | $22,500 | $135,230 | $1,914 |
| 2016 | $94,330 | $20,630 | $114,960 | $1,960 |
| 2015 | $94,330 | $20,630 | $114,960 | $1,806 |
| 2013 | $84,890 | $20,630 | $105,520 | $1,562 |
| 2011 | $84,890 | $20,630 | $105,520 | $1,586 |
| 2008 | — | — | $102,730 | $1,160 |
| 2004 | — | — | $92,440 | $1,092 |
Property facts
Year built
1973
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,358 sqft
Lot size
11,326 sqft
ZIP code
51031
City
Le Mars
Street
7th Ave
Coordinates
42.78677, -96.15658
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,037
Gross rental yield
12.70%
Implied cap rate
8.25%
Trend-extrapolated value
—
Frequently asked questions
When did 507 7th Ave last sell?
507 7th Ave most recently sold on May 26, 2022 for $192,500.
What is the current tax assessment for 507 7th Ave?
The most recent total assessment for 507 7th Ave (year 2025) is $194,300 with $2,394 in property tax.
How does 507 7th Ave's assessment compare to its last sale price?
The current assessment is 0.9% above the last sale price of $192,500.
When was 507 7th Ave built?
507 7th Ave was built in 1973.
How does 507 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 507 7th Ave?
507 7th Ave is a 3 bed, 2 bath, 1,358 sqft, 11,326 sqft lot single_family.
Is 507 7th Ave a flip candidate?
No — 507 7th Ave does not appear in our flips dataset.
Is 507 7th Ave a tax-appeal candidate?
No — 507 7th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.9%
Implied 1-yr
-19.5%
2026 Q2
$266.3K
2026 Q3
$266.3K
ZIP 51031 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 7th Ave