407 3rd Ave
Melbourne, IA 50162
4 bd 1 ba 1,696 sqft Built 1976 Lot 14,375 sqft single_family
Most recent sale
$125,000
Nov 22, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 5, 2024 | Sold | $187,000 | NoCoastMLS |
| Nov 22, 2021 | Sold | $125,000 | MLS #6113553 |
| Apr 27, 2018 | Sold | $55,000 | Public Record |
| Mar 11, 2014 | Sold | $55,000 | Public Record |
| Sep 11, 2013 | Sold | $55,000 | MLS #5449569 |
| Jul 31, 2013 | Listing removed | $59,000 | MarshallTown |
| Jul 26, 2013 | Relisted | $59,000 | MLS #12884 |
| Jan 14, 2013 | Listing removed | $59,000 | MarshallTown |
| Oct 18, 2012 | Listed | $59,000 | MLS #12884 |
| Jan 1, 1979 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $175,190 | $8,440 | $183,630 | $2,326 |
| 2023 | $116,790 | $8,440 | $125,230 | $1,574 |
| 2022 | $90,990 | $8,440 | $99,430 | $1,544 |
| 2021 | $90,990 | $8,440 | $99,430 | $1,396 |
| 2020 | $78,580 | $8,440 | $87,020 | $1,358 |
| 2019 | $78,580 | $8,440 | $87,020 | $1,268 |
| 2018 | $72,400 | $8,440 | $80,840 | $1,398 |
| 2017 | $72,400 | $8,440 | $80,840 | $1,346 |
| 2016 | $67,020 | $8,440 | $75,460 | $1,298 |
| 2015 | $67,020 | $8,440 | $75,460 | $1,332 |
| 2014 | $67,020 | $8,440 | $75,460 | $1,290 |
| 2013 | $67,020 | $8,440 | $75,460 | $1,232 |
| 2012 | $70,780 | $8,440 | $79,220 | $1,182 |
| 2008 | $74,610 | $8,693 | $83,303 | $1,148 |
| 2007 | $74,610 | $8,693 | $83,303 | $1,116 |
Property facts
Year built
1976
Property type
single_family
Stories
—
Beds
4
Baths
1
Living area
1,696 sqft
Lot size
14,375 sqft
ZIP code
50162
City
Melbourne
Street
3rd Ave
Coordinates
41.94043, -93.10135
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 407 3rd Ave last sell?
407 3rd Ave most recently sold on Nov 22, 2021 for $125,000.
What is the current tax assessment for 407 3rd Ave?
The most recent total assessment for 407 3rd Ave (year 2025) is $183,630 with $2,326 in property tax.
How does 407 3rd Ave's assessment compare to its last sale price?
The current assessment is 46.9% above the last sale price of $125,000.
When was 407 3rd Ave built?
407 3rd Ave was built in 1976.
How does 407 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 407 3rd Ave?
407 3rd Ave is a 4 bed, 1 bath, 1,696 sqft, 14,375 sqft lot single_family.
Is 407 3rd Ave a flip candidate?
No — 407 3rd Ave does not appear in our flips dataset.
Is 407 3rd Ave a tax-appeal candidate?
No — 407 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