3205 Penny Ln
Marion, IA 52302
4 bd 3 ba 1,778 sqft Built 2001 Lot 7,187 sqft single_family
Most recent sale
$277,500
Jun 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2022 | Sold | $277,500 | Public Record |
| Jun 24, 2022 | Sold | $277,500 | CedarRapids |
| May 18, 2022 | Listed | $279,000 | MLS #2204353 |
| Jun 15, 2017 | Sold | $212,000 | Public Record |
| Sep 2, 2016 | Sold | $128,000 | Public Record |
| Aug 11, 2016 | Listing removed | $127,200 | QUADCITYREALTOR |
| Aug 3, 2016 | Listed | $127,200 | MLS #4174747 |
| Jun 9, 2003 | Sold | $149,300 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $273,300 | $27,000 | $300,300 | $5,802 |
| 2023 | $273,600 | $27,000 | $300,600 | $4,672 |
| 2022 | $183,500 | $27,000 | $210,500 | $4,452 |
| 2021 | $183,500 | $27,000 | $210,500 | $4,254 |
| 2020 | $161,800 | $27,000 | $188,800 | $4,182 |
| 2019 | $161,800 | $27,000 | $188,800 | $4,210 |
| 2018 | $150,600 | $36,000 | $186,600 | $3,696 |
| 2017 | $134,400 | $36,000 | $170,400 | $3,380 |
| 2016 | $122,200 | $30,000 | $152,200 | $3,284 |
| 2015 | $122,200 | $30,000 | $152,200 | $3,086 |
| 2014 | $122,200 | $30,000 | $152,200 | $2,942 |
| 2012 | $122,200 | $30,000 | $152,200 | $3,066 |
| 2011 | $132,833 | $29,728 | $162,561 | $3,078 |
| 2010 | $132,833 | $29,728 | $162,561 | $3,014 |
| 2009 | — | — | $162,561 | $2,994 |
| 2004 | $126,508 | $28,312 | $154,820 | $2,702 |
Property facts
Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,778 sqft
Lot size
7,187 sqft
ZIP code
52302
City
Marion
Street
Penny Ln
Coordinates
42.05259, -91.58003
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,667
Gross rental yield
11.53%
Implied cap rate
7.50%
Trend-extrapolated value
—
Frequently asked questions
When did 3205 Penny Ln last sell?
3205 Penny Ln most recently sold on Jun 27, 2022 for $277,500.
What is the current tax assessment for 3205 Penny Ln?
The most recent total assessment for 3205 Penny Ln (year 2025) is $300,300 with $5,802 in property tax.
How does 3205 Penny Ln's assessment compare to its last sale price?
The current assessment is 8.2% above the last sale price of $277,500.
When was 3205 Penny Ln built?
3205 Penny Ln was built in 2001.
How does 3205 Penny Ln compare to others on Penny Ln?
We track 8 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 3205 Penny Ln?
3205 Penny Ln is a 4 bed, 3 bath, 1,778 sqft, 7,187 sqft lot single_family.
Is 3205 Penny Ln a flip candidate?
No — 3205 Penny Ln does not appear in our flips dataset.
Is 3205 Penny Ln a tax-appeal candidate?
No — 3205 Penny Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.7%
Implied 1-yr
-6.9%
2026 Q3
$304.7K
2026 Q4
$298.9K
ZIP 52302 — Median Price History + Forecast
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Geography
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