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212 7th St

Madrid, IA 50156

3 bd 1 ba 1,158 sqft Built 1880 Lot 9,768 sqft single_family
Most recent sale
$199,900
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 25, 2025 Price changed $224,900 DesMoines
May 12, 2025 Listed $229,900 DesMoines
Jun 15, 2022 Sold $199,900 MLS #650972
May 2, 2022 Listed $199,900 MLS #650972
Aug 7, 2015 Sold $127,500 MLS #42576
Jun 2, 2015 Listed $124,900 MLS #42576
Aug 30, 2011 Sold $105,000 Public Record
Jul 14, 2011 Listing removed $115,000 DesMoines
May 31, 2011 Price changed $115,000 MLS #380286
Mar 3, 2011 Listed $119,900 MLS #380286

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $221,160 $24,860 $246,020 $3,786
2024 $221,160 $24,860 $246,020 $3,656
2023 $186,697 $17,760 $204,457 $3,612
2022 $154,699 $17,760 $172,459 $3,808
2021 $154,699 $17,760 $172,459 $3,848
2020 $149,762 $10,656 $160,418 $3,802
2019 $149,762 $10,656 $160,418 $3,282
2018 $122,058 $10,656 $132,714 $3,146
2017 $122,058 $10,656 $132,714 $2,592
2016 $101,977 $5,328 $107,305 $1,380
2015 $61,536 $5,328 $66,864 $1,384
2014 $61,536 $5,328 $66,864 $1,346
2013 $61,536 $5,328 $66,864 $1,284
2012 $61,536 $5,328 $66,864 $1,194
2010 $45,231 $8,738 $53,969 $1,068
2009 $45,231 $8,738 $53,969 $1,016
2007 $45,231 $8,738 $53,969 $964
2004 $42,671 $8,243 $50,914 $752

Property facts

Year built
1880
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,158 sqft
Lot size
9,768 sqft
ZIP code
50156
City
Madrid
Street
7th St
Coordinates
41.87093, -93.82245

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
$1,737
Gross rental yield
10.43%
Implied cap rate
6.78%
Trend-extrapolated value

Frequently asked questions

When did 212 7th St last sell?
212 7th St most recently sold on Jun 15, 2022 for $199,900.
What is the current tax assessment for 212 7th St?
The most recent total assessment for 212 7th St (year 2025) is $246,020 with $3,786 in property tax.
How does 212 7th St's assessment compare to its last sale price?
The current assessment is 23.1% above the last sale price of $199,900.
When was 212 7th St built?
212 7th St was built in 1880.
How does 212 7th St compare to others on 7th St?
We track 5 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 212 7th St?
212 7th St is a 3 bed, 1 bath, 1,158 sqft, 9,768 sqft lot single_family.
Is 212 7th St a flip candidate?
No — 212 7th St does not appear in our flips dataset.
Is 212 7th St a tax-appeal candidate?
Yes — 212 7th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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