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315 1st St

Melcher Dallas, IA 50163

2 bd 1 ba 1,056 sqft Built 1920 Lot 7,100 sqft single_family
Most recent sale
$120,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $120,000 MLS #657231
Jul 28, 2022 Listed $139,900 MLS #657231
Nov 16, 2020 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $97,420 $7,000 $104,420 $1,388
2024 $97,420 $7,000 $104,420 $1,280
2022 $58,070 $6,360 $64,430 $1,236
2021 $54,780 $6,000 $60,780 $1,030
2020 $51,710 $6,000 $57,710 $1,160
2019 $51,710 $6,000 $57,710 $1,080
2018 $46,700 $1,750 $48,450 $1,158
2017 $46,700 $1,750 $48,450 $1,062
2016 $44,880 $1,750 $46,630 $1,064
2015 $44,880 $1,750 $46,630 $962
2014 $39,720 $1,750 $41,470 $944
2013 $39,720 $1,750 $41,470 $1,040
2012 $44,380 $1,750 $46,130 $946
2009 $48,150 $890
2008 $47,820 $796

Property facts

Year built
1920
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,056 sqft
Lot size
7,100 sqft
ZIP code
50163
City
Melcher Dallas
Street
1st St
Coordinates
41.22007, -93.24095

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
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 315 1st St last sell?
315 1st St most recently sold on Sep 16, 2022 for $120,000.
What is the current tax assessment for 315 1st St?
The most recent total assessment for 315 1st St (year 2025) is $104,420 with $1,388 in property tax.
How does 315 1st St's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $120,000.
When was 315 1st St built?
315 1st St was built in 1920.
How does 315 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 315 1st St?
315 1st St is a 2 bed, 1 bath, 1,056 sqft, 7,100 sqft lot single_family.
Is 315 1st St a flip candidate?
Yes — 315 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 315 1st St a tax-appeal candidate?
No — 315 1st 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
+3.5%
Implied 1-yr
+14.0%
2026 Q1
$160.7K
2026 Q2
$165.3K
ZIP 50163 — Median Price History + Forecast

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