307 3rd Ave
Melbourne, IA 50162
3 bd 1 ba 1,387 sqft Built 1910 Lot 14,375 sqft single_family
Most recent sale
$139,900
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 15, 2026 | Listed | $185,000 | NoCoastMLS |
| May 12, 2022 | Sold | $139,900 | MLS #648370 |
| Mar 28, 2022 | Listed | $139,000 | MLS #648370 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $118,930 | $8,440 | $127,370 | $1,458 |
| 2023 | $101,730 | $8,440 | $110,170 | $1,150 |
| 2022 | $66,630 | $8,440 | $75,070 | $1,070 |
| 2021 | $66,630 | $8,440 | $75,070 | $990 |
| 2020 | $59,030 | $8,440 | $67,470 | $960 |
| 2019 | $59,030 | $8,440 | $67,470 | $906 |
| 2018 | $54,950 | $8,440 | $63,390 | $888 |
| 2017 | $54,950 | $8,440 | $63,390 | $840 |
| 2016 | $50,380 | $8,440 | $58,820 | $804 |
| 2015 | $50,380 | $8,440 | $58,820 | $826 |
| 2014 | $50,380 | $8,440 | $58,820 | $796 |
| 2013 | $50,380 | $8,440 | $58,820 | $774 |
| 2012 | $53,990 | $8,440 | $62,430 | $766 |
| 2008 | $54,159 | $8,693 | $62,852 | $776 |
| 2007 | $54,159 | $8,693 | $62,852 | $752 |
Property facts
Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,387 sqft
Lot size
14,375 sqft
ZIP code
50162
City
Melbourne
Street
3rd Ave
Coordinates
41.94177, -93.10145
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$839
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 307 3rd Ave last sell?
307 3rd Ave most recently sold on May 12, 2022 for $139,900.
What is the current tax assessment for 307 3rd Ave?
The most recent total assessment for 307 3rd Ave (year 2025) is $127,370 with $1,458 in property tax.
How does 307 3rd Ave's assessment compare to its last sale price?
The current assessment is 9.0% below the last sale price of $139,900.
When was 307 3rd Ave built?
307 3rd Ave was built in 1910.
How does 307 3rd Ave compare to others on 3rd Ave?
We track 7 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 307 3rd Ave?
307 3rd Ave is a 3 bed, 1 bath, 1,387 sqft, 14,375 sqft lot single_family.
Is 307 3rd Ave a flip candidate?
No — 307 3rd Ave does not appear in our flips dataset.
Is 307 3rd Ave a tax-appeal candidate?
No — 307 3rd Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.0%
Implied 1-yr
+0.2%
2026 Q1
$180K
2026 Q2
$180.1K
ZIP 50162 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd Ave