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1591 331st Dr

Madrid, IA 50156

4 bd 2 ba 1,065 sqft Built 1971 Lot 21,344 sqft single_family
Most recent sale
$303,000
Aug 21, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2024 Sold $290,000 DesMoines
Sep 21, 2024 Listed $300,000 DesMoines
Mar 7, 2024 Price changed $319,900 CentralIowa
Jan 3, 2024 Listed $344,900 CentralIowa
Aug 21, 2023 Sold $303,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $243,289 $50,000 $293,289 $3,116
2022 $178,792 $50,000 $228,792 $3,048
2021 $178,792 $50,000 $228,792 $2,910
2020 $156,384 $50,000 $206,384 $2,878
2019 $156,384 $50,000 $206,384 $2,794
2018 $142,017 $50,000 $192,017 $2,782
2017 $142,017 $50,000 $192,017 $2,784
2016 $138,354 $50,000 $188,354 $2,306
2015 $135,800 $23,405 $159,205 $2,312
2014 $135,800 $23,405 $159,205 $2,262
2013 $135,800 $23,405 $159,205 $2,168
2012 $135,800 $23,405 $159,205 $2,118
2010 $126,026 $32,793 $158,819 $1,952
2009 $126,026 $32,793 $158,819 $1,832
2004 $118,892 $30,937 $149,829 $1,582

Property facts

Year built
1971
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,065 sqft
Lot size
21,344 sqft
ZIP code
50156
City
Madrid
Street
331st Dr
Coordinates
41.87770, -93.85660

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
$1,598
Gross rental yield
6.33%
Implied cap rate
4.11%
Trend-extrapolated value

Frequently asked questions

When did 1591 331st Dr last sell?
1591 331st Dr most recently sold on Aug 21, 2023 for $303,000.
What is the current tax assessment for 1591 331st Dr?
The most recent total assessment for 1591 331st Dr (year 2023) is $293,289 with $3,116 in property tax.
How does 1591 331st Dr's assessment compare to its last sale price?
The current assessment is 3.2% below the last sale price of $303,000.
When was 1591 331st Dr built?
1591 331st Dr was built in 1971.
How does 1591 331st Dr compare to others on 331st Dr?
We track 8 other properties on 331st Dr. Browse the list under "Other properties on 331st Dr" to compare beds, baths, and sale history.
What are the property facts for 1591 331st Dr?
1591 331st Dr is a 4 bed, 2 bath, 1,065 sqft, 21,344 sqft lot single_family.
Is 1591 331st Dr a flip candidate?
No — 1591 331st Dr does not appear in our flips dataset.
Is 1591 331st Dr a tax-appeal candidate?
No — 1591 331st Dr 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
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$502.5K
2026 Q4
$521.5K
ZIP 50156 — Median Price History + Forecast

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