1550 Velvet Ave
Lorimor, IA 50149
Built 1910 Lot 5,227,200 sqft land
Most recent sale
$810,000
Mar 20, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 1, 2023 | Listing removed | — | DesMoines |
| Mar 20, 2023 | Sold | $810,000 | DesMoines |
| Oct 17, 2022 | Listed | $879,000 | DesMoines |
| Sep 28, 2022 | Listed | $879,000 | DesMoines |
| Nov 26, 2018 | Sold | $475,100 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $98,780 | $710 | $99,490 | $1,248 |
| 2024 | $98,780 | $710 | $99,490 | $688 |
| 2023 | $52,000 | $420 | $52,420 | $682 |
| 2022 | $43,270 | $300 | $43,570 | $390 |
| 2021 | $26,210 | $340 | $26,550 | $442 |
| 2020 | $29,300 | $370 | $29,670 | $438 |
| 2019 | $29,300 | $370 | $29,670 | $382 |
| 2018 | $30,080 | $610 | $30,690 | $422 |
| 2017 | $30,260 | $648 | $30,908 | $456 |
| 2016 | $31,300 | $1,100 | $32,400 | $442 |
| 2015 | $31,300 | $1,100 | $32,400 | $410 |
| 2014 | $29,354 | $1,185 | $30,539 | $392 |
| 2013 | $29,354 | $1,185 | $30,539 | $388 |
| 2012 | $28,790 | $885 | $29,675 | $404 |
| 2010 | — | $430 | $430 | $16 |
Property facts
Year built
1910
Property type
land
Stories
—
Beds
—
Baths
—
Living area
—
Lot size
5,227,200 sqft
ZIP code
50149
City
Lorimor
Street
Velvet Ave
Coordinates
41.07771, -94.07098
Frequently asked questions
When did 1550 Velvet Ave last sell?
1550 Velvet Ave most recently sold on Mar 20, 2023 for $810,000.
What is the current tax assessment for 1550 Velvet Ave?
The most recent total assessment for 1550 Velvet Ave (year 2025) is $99,490 with $1,248 in property tax.
How does 1550 Velvet Ave's assessment compare to its last sale price?
The current assessment is 87.7% below the last sale price of $810,000.
When was 1550 Velvet Ave built?
1550 Velvet Ave was built in 1910.
How does 1550 Velvet Ave compare to others on Velvet Ave?
We do not currently track other properties on Velvet Ave.
What are the property facts for 1550 Velvet Ave?
1550 Velvet Ave is a 5,227,200 sqft lot land.
Is 1550 Velvet Ave a flip candidate?
No — 1550 Velvet Ave does not appear in our flips dataset.
Is 1550 Velvet Ave a tax-appeal candidate?
No — 1550 Velvet 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
+5.7%
Implied 1-yr
+22.8%
2026 Q3
$405.5K
2026 Q4
$422.4K
ZIP 50149 — Median Price History + Forecast
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Geography