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405 Lee St

Marshalltown, IA 50158

3 bd 2 ba 1,296 sqft Built 1915 Lot 7,405 sqft single_family
Most recent sale
$70,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $70,000 MLS #6176862
Apr 10, 2022 Listed $70,000 MLS #6176862
Aug 30, 2016 Sold $36,500 MLS #5457807
Aug 5, 2016 Listing removed $39,900 MarshallTown
Jul 30, 2016 Listed $39,900 MLS #15859

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $66,020 $10,970 $76,990 $1,164
2023 $59,490 $10,970 $70,460 $1,330
2022 $54,290 $5,120 $59,410 $1,346
2021 $54,290 $5,120 $59,410 $1,318
2020 $50,840 $5,120 $55,960 $1,286
2019 $50,840 $5,120 $55,960 $1,156
2018 $44,430 $5,120 $49,550 $1,128
2017 $44,430 $5,120 $49,550 $858
2016 $42,760 $5,120 $47,880 $844
2015 $42,760 $5,120 $47,880 $854
2014 $42,760 $5,120 $47,880 $824
2013 $42,760 $5,120 $47,880 $954
2012 $51,190 $5,120 $56,310 $954
2008 $53,330 $5,428 $58,758 $900
2007 $53,330 $5,428 $58,758 $862

Property facts

Year built
1915
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,296 sqft
Lot size
7,405 sqft
ZIP code
50158
City
Marshalltown
Street
Lee St
Coordinates
42.05357, -92.90570

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
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 405 Lee St last sell?
405 Lee St most recently sold on May 2, 2022 for $70,000.
What is the current tax assessment for 405 Lee St?
The most recent total assessment for 405 Lee St (year 2025) is $76,990 with $1,164 in property tax.
How does 405 Lee St's assessment compare to its last sale price?
The current assessment is 10.0% above the last sale price of $70,000.
When was 405 Lee St built?
405 Lee St was built in 1915.
How does 405 Lee St compare to others on Lee St?
We track 8 other properties on Lee St. Browse the list under "Other properties on Lee St" to compare beds, baths, and sale history.
What are the property facts for 405 Lee St?
405 Lee St is a 3 bed, 2 bath, 1,296 sqft, 7,405 sqft lot single_family.
Is 405 Lee St a flip candidate?
No — 405 Lee St does not appear in our flips dataset.
Is 405 Lee St a tax-appeal candidate?
No — 405 Lee St 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
+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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