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3430 Penny Ln

Marion, IA 52302

5 bd 3 ba 3,361 sqft Built 2009 Lot 17,076 sqft single_family
Most recent sale
$495,000
Sep 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2022 Sold $495,000 Public Record
Sep 2, 2022 Sold $495,000 CedarRapids
Jul 12, 2022 Listed $495,000 MLS #2206030
Jul 31, 2013 Sold $315,000 Public Record
Feb 27, 2009 Sold $40,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $475,700 $41,700 $517,400 $8,512
2023 $409,600 $41,700 $451,300 $8,088
2022 $322,800 $41,700 $364,500 $7,528
2021 $314,200 $41,700 $355,900 $6,566
2020 $249,700 $41,700 $291,400 $6,454
2019 $249,700 $41,700 $291,400 $6,548
2018 $234,700 $55,600 $290,300 $6,296
2017 $234,700 $55,600 $290,300 $6,552
2016 $244,000 $51,000 $295,000 $6,366
2015 $244,000 $51,000 $295,000 $6,344
2014 $244,000 $51,000 $295,000 $5,876
2012 $237,300 $46,871 $284,171 $5,498
2011 $242,051 $46,871 $288,922 $5,586
2010 $242,051 $46,871 $288,922 $5,452

Property facts

Year built
2009
Property type
single_family
Stories
Beds
5
Baths
3
Living area
3,361 sqft
Lot size
17,076 sqft
ZIP code
52302
City
Marion
Street
Penny Ln
Coordinates
42.05704, -91.58044

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,042
Gross rental yield
12.22%
Implied cap rate
7.94%
Trend-extrapolated value

Frequently asked questions

When did 3430 Penny Ln last sell?
3430 Penny Ln most recently sold on Sep 6, 2022 for $495,000.
What is the current tax assessment for 3430 Penny Ln?
The most recent total assessment for 3430 Penny Ln (year 2025) is $517,400 with $8,512 in property tax.
How does 3430 Penny Ln's assessment compare to its last sale price?
The current assessment is 4.5% above the last sale price of $495,000.
When was 3430 Penny Ln built?
3430 Penny Ln was built in 2009.
How does 3430 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 3430 Penny Ln?
3430 Penny Ln is a 5 bed, 3 bath, 3,361 sqft, 17,076 sqft lot single_family.
Is 3430 Penny Ln a flip candidate?
No — 3430 Penny Ln does not appear in our flips dataset.
Is 3430 Penny Ln a tax-appeal candidate?
No — 3430 Penny Ln 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
-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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