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408 Market Ave

Mitchellville, IA 50169

2 bd 1 ba 816 sqft Built 1958 Lot 5,924 sqft single_family
Most recent sale
$70,000
Mar 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 3, 2022 Sold $145,000 DesMoines
Sep 13, 2022 Listed $145,000 MLS #659729
Mar 14, 2022 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $98,400 $23,800 $122,200 $1,924
2023 $87,600 $20,700 $108,300 $1,698
2022 $70,000 $17,000 $87,000 $1,678
2021 $70,000 $17,000 $87,000 $1,642
2020 $66,000 $15,900 $81,900 $1,618
2019 $66,000 $15,900 $81,900 $1,484
2018 $58,500 $13,800 $72,300 $1,680
2017 $58,500 $13,800 $72,300 $1,826
2016 $57,900 $13,300 $71,200 $1,820
2015 $57,900 $13,300 $71,200 $1,788
2014 $55,900 $12,700 $68,600 $1,730
2013 $55,900 $12,700 $68,600 $1,664
2012 $56,300 $12,700 $69,000 $1,490
2011 $56,300 $12,700 $69,000 $1,444
2010 $52,200 $12,800 $65,000 $1,462
2009 $52,200 $12,800 $65,000 $1,392
2008 $54,900 $13,400 $68,300 $1,392
2007 $54,900 $13,400 $68,300 $1,356

Property facts

Year built
1958
Property type
single_family
Stories
Beds
2
Baths
1
Living area
816 sqft
Lot size
5,924 sqft
ZIP code
50169
City
Mitchellville
Street
Market Ave
Coordinates
41.67165, -93.36076

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
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 408 Market Ave last sell?
408 Market Ave most recently sold on Mar 14, 2022 for $70,000.
What is the current tax assessment for 408 Market Ave?
The most recent total assessment for 408 Market Ave (year 2025) is $122,200 with $1,924 in property tax.
How does 408 Market Ave's assessment compare to its last sale price?
The current assessment is 74.6% above the last sale price of $70,000.
When was 408 Market Ave built?
408 Market Ave was built in 1958.
How does 408 Market Ave compare to others on Market Ave?
We track 8 other properties on Market Ave. Browse the list under "Other properties on Market Ave" to compare beds, baths, and sale history.
What are the property facts for 408 Market Ave?
408 Market Ave is a 2 bed, 1 bath, 816 sqft, 5,924 sqft lot single_family.
Is 408 Market Ave a flip candidate?
Yes — 408 Market Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 408 Market Ave a tax-appeal candidate?
No — 408 Market Ave 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
+14.0%
Implied 1-yr
+56.0%
2026 Q3
$1.37M
2026 Q4
$1.37M
ZIP 50169 — Median Price History + Forecast

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