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407 Lee St

Marshalltown, IA 50158

3 bd 1 ba 864 sqft Built 1935 Lot 7,405 sqft single_family
Most recent sale
$58,000
Dec 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 21, 2022 Sold $58,000 Public Record
Dec 15, 2022 Sold $58,000 NoCoastMLS
Dec 15, 2022 Listing removed MidIowaRegional
Oct 31, 2022 Price changed $64,900 MidIowaRegional
Oct 11, 2022 Listed $69,900 MidIowaRegional
May 18, 2017 Listing removed $35,000 MidIowaRegional
May 17, 2017 Sold $30,000 MidIowaRegional
Apr 19, 2017 Listing removed $35,000 MarshallTown
Apr 19, 2017 Listed $35,000 MidIowaRegional
Apr 17, 2017 Listed $35,000 MarshallTown
Feb 21, 2009 Listing removed $22,900 MarshallTown
Jan 29, 2009 Listing removed $22,900 MarshallTown
Jan 1, 2009 Sold $57,000 Public Record
Oct 3, 2008 Listed $22,900 MarshallTown
Jan 1, 2008 Sold $38,250 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $60,670 $11,030 $71,700 $1,068
2023 $54,460 $11,030 $65,490 $1,360
2022 $55,630 $5,150 $60,780 $1,376
2021 $55,630 $5,150 $60,780 $1,368
2020 $52,930 $5,150 $58,080 $1,090
2019 $42,230 $5,150 $47,380 $1,176
2018 $45,240 $5,150 $50,390 $1,148
2017 $45,240 $5,150 $50,390 $896
2016 $44,360 $5,150 $49,510 $882
2015 $44,360 $5,150 $49,510 $894
2014 $44,360 $5,150 $49,510 $862
2013 $44,360 $5,150 $49,510 $670
2012 $51,900 $5,150 $57,050 $626
2008 $54,542 $5,453 $59,995 $1,002
2007 $54,542 $5,453 $59,995 $962

Property facts

Year built
1935
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
864 sqft
Lot size
7,405 sqft
ZIP code
50158
City
Marshalltown
Street
Lee St
Coordinates
42.05362, -92.90552

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
$348
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Lee St last sell?
407 Lee St most recently sold on Dec 21, 2022 for $58,000.
What is the current tax assessment for 407 Lee St?
The most recent total assessment for 407 Lee St (year 2025) is $71,700 with $1,068 in property tax.
How does 407 Lee St's assessment compare to its last sale price?
The current assessment is 23.6% above the last sale price of $58,000.
When was 407 Lee St built?
407 Lee St was built in 1935.
How does 407 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 407 Lee St?
407 Lee St is a 3 bed, 1 bath, 864 sqft, 7,405 sqft lot single_family.
Is 407 Lee St a flip candidate?
No — 407 Lee St does not appear in our flips dataset.
Is 407 Lee St a tax-appeal candidate?
Yes — 407 Lee 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
+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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