511 3rd St
Melcher Dallas, IA 50062
3 bd 2 ba 1,392 sqft Built 1996 Lot 42,602 sqft single_family
Most recent sale
$203,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2022 | Sold | $203,000 | MLS #653029 |
| May 31, 2022 | Listed | $199,000 | MLS #653029 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $232,970 | $42,000 | $274,970 | $3,432 |
| 2024 | $232,970 | $42,000 | $274,970 | $3,312 |
| 2022 | $136,270 | $28,620 | $164,890 | $2,848 |
| 2021 | $128,560 | $27,000 | $155,560 | $2,340 |
| 2020 | $121,360 | $27,000 | $148,360 | $2,666 |
| 2019 | $121,360 | $27,000 | $148,360 | $2,434 |
| 2018 | $113,110 | $7,880 | $120,990 | $2,544 |
| 2017 | $112,340 | $7,880 | $120,220 | $2,368 |
| 2016 | $107,970 | $7,880 | $115,850 | $2,368 |
| 2015 | $107,970 | $7,880 | $115,850 | $2,166 |
| 2014 | $97,570 | $7,880 | $105,450 | $2,120 |
| 2013 | $97,570 | $7,880 | $105,450 | $2,352 |
| 2012 | $109,130 | $7,880 | $117,010 | $2,174 |
| 2009 | — | — | $119,210 | $2,102 |
| 2008 | — | — | $124,730 | $1,866 |
Property facts
Year built
1996
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,392 sqft
Lot size
42,602 sqft
ZIP code
50062
City
Melcher Dallas
Street
3rd St
Coordinates
41.22935, -93.23817
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
$2,088
Gross rental yield
12.34%
Implied cap rate
8.02%
Trend-extrapolated value
—
Frequently asked questions
When did 511 3rd St last sell?
511 3rd St most recently sold on Jul 29, 2022 for $203,000.
What is the current tax assessment for 511 3rd St?
The most recent total assessment for 511 3rd St (year 2025) is $274,970 with $3,432 in property tax.
How does 511 3rd St's assessment compare to its last sale price?
The current assessment is 35.5% above the last sale price of $203,000.
When was 511 3rd St built?
511 3rd St was built in 1996.
How does 511 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 511 3rd St?
511 3rd St is a 3 bed, 2 bath, 1,392 sqft, 42,602 sqft lot single_family.
Is 511 3rd St a flip candidate?
No — 511 3rd St does not appear in our flips dataset.
Is 511 3rd St a tax-appeal candidate?
Yes — 511 3rd 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 valuationQuarterly trend
+3.8%
Implied 1-yr
+15.3%
2026 Q3
$251.2K
2026 Q4
$258.9K
ZIP 50062 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd St