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1509 2nd Ave

Marshalltown, IA 50158

5 bd 3 ba 1,512 sqft Built 1959 Lot 10,019 sqft single_family
Most recent sale
$173,500
Apr 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 7, 2022 Sold $173,500 MLS #645261
Mar 30, 2022 Sold $173,500 MLS #6149847
Feb 7, 2022 Listed $175,000 MLS #6149847
Feb 19, 2019 Sold $145,000 MLS #5461148
Jan 3, 2019 Price changed $151,000 MLS #35015942
Dec 4, 2018 Price changed $155,000 MLS #35015942
Nov 6, 2018 Listed $159,000 MLS #35015942
Dec 17, 2007 Sold $152,000 Public Record
Jan 1, 2007 Sold $152,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $215,830 $27,530 $243,360 $4,106
2023 $185,040 $27,530 $212,570 $3,568
2022 $134,890 $24,530 $159,420 $964
2021 $26,980 $24,530 $51,510 $3,316
2020 $124,790 $24,530 $149,320 $3,230
2019 $124,790 $24,530 $149,320 $3,238
2018 $114,320 $24,530 $138,850 $3,162
2017 $114,320 $24,530 $138,850 $3,076
2016 $105,000 $24,530 $129,530 $3,052
2015 $105,000 $24,530 $129,530 $3,088
2014 $105,000 $24,530 $129,530 $3,002
2013 $105,000 $24,530 $129,530 $2,970
2012 $111,370 $24,530 $135,900 $2,866
2008 $112,794 $24,755 $137,549 $2,638
2007 $112,794 $24,755 $137,549 $2,396

Property facts

Year built
1959
Property type
single_family
Stories
Beds
5
Baths
3
Living area
1,512 sqft
Lot size
10,019 sqft
ZIP code
50158
City
Marshalltown
Street
2nd Ave
Coordinates
42.03062, -92.91015

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
$1,041
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1509 2nd Ave last sell?
1509 2nd Ave most recently sold on Apr 7, 2022 for $173,500.
What is the current tax assessment for 1509 2nd Ave?
The most recent total assessment for 1509 2nd Ave (year 2025) is $243,360 with $4,106 in property tax.
How does 1509 2nd Ave's assessment compare to its last sale price?
The current assessment is 40.3% above the last sale price of $173,500.
When was 1509 2nd Ave built?
1509 2nd Ave was built in 1959.
How does 1509 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 1509 2nd Ave?
1509 2nd Ave is a 5 bed, 3 bath, 1,512 sqft, 10,019 sqft lot single_family.
Is 1509 2nd Ave a flip candidate?
No — 1509 2nd Ave does not appear in our flips dataset.
Is 1509 2nd Ave a tax-appeal candidate?
Yes — 1509 2nd Ave 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
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$203.8K
2026 Q4
$208.8K
ZIP 50158 — Median Price History + Forecast

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