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1503 Summit St

Marshalltown, IA 50158

3 bd 1 ba 1,426 sqft Built 1942 Lot 9,148 sqft single_family
Most recent sale
$147,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $147,000 MLS #6300434
Jul 13, 2022 Listed $159,000 MLS #6300434
May 16, 2022 Sold $121,000 Public Record
Jan 1, 2002 Sold $84,000 Public Record
Jan 1, 1993 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $135,330 $22,500 $157,830 $2,466
2023 $105,170 $22,500 $127,670 $2,548
2022 $100,750 $13,050 $113,800 $2,296
2021 $100,750 $13,050 $113,800 $2,260
2020 $94,730 $13,050 $107,780 $2,018
2019 $86,890 $13,050 $99,940 $1,980
2018 $83,570 $13,050 $96,620 $1,926
2017 $83,570 $13,050 $96,620 $1,882
2016 $77,970 $13,050 $91,020 $1,860
2015 $77,970 $13,050 $91,020 $1,884
2014 $77,970 $13,050 $91,020 $1,824
2013 $77,970 $13,050 $91,020 $1,816
2012 $82,700 $13,050 $95,750 $1,786
2008 $90,166 $13,354 $103,520 $1,758
2007 $90,166 $13,354 $103,520 $1,690

Property facts

Year built
1942
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,426 sqft
Lot size
9,148 sqft
ZIP code
50158
City
Marshalltown
Street
Summit St
Coordinates
42.05298, -92.94021

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
$882
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1503 Summit St last sell?
1503 Summit St most recently sold on Sep 14, 2022 for $147,000.
What is the current tax assessment for 1503 Summit St?
The most recent total assessment for 1503 Summit St (year 2025) is $157,830 with $2,466 in property tax.
How does 1503 Summit St's assessment compare to its last sale price?
The current assessment is 7.4% above the last sale price of $147,000.
When was 1503 Summit St built?
1503 Summit St was built in 1942.
How does 1503 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 1503 Summit St?
1503 Summit St is a 3 bed, 1 bath, 1,426 sqft, 9,148 sqft lot single_family.
Is 1503 Summit St a flip candidate?
Yes — 1503 Summit St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1503 Summit St a tax-appeal candidate?
No — 1503 Summit 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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