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701 Mechanic St

Monroe, IA 50170

3 bd 2 ba 1,493 sqft Built 1890 Lot 14,628 sqft single_family
Most recent sale
$181,500
Dec 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 30, 2023 Sold $202,500 Public Record
Dec 3, 2021 Sold $181,500 MLS #640287
Apr 20, 2018 Sold $137,500 MLS #556082
Mar 6, 2018 Listed $135,000 MLS #556082
Nov 20, 2014 Sold $55,000 Public Record
Sep 16, 2010 Sold $55,000 Public Record
Jun 14, 2007 Sold $74,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $175,510 $21,620 $197,130 $2,850
2024 $175,510 $21,620 $197,130 $2,680
2023 $155,570 $21,620 $177,190 $2,432
2022 $115,420 $21,620 $137,040 $2,374
2021 $103,270 $21,620 $124,890 $2,858
2020 $123,090 $13,870 $136,960 $2,866
2019 $123,090 $13,870 $136,960 $1,600
2018 $61,460 $11,350 $72,810 $1,564
2017 $61,460 $11,350 $72,810 $1,594
2015 $61,460 $11,350 $72,810 $1,428
2014 $60,260 $11,350 $71,610 $1,360
2013 $60,260 $11,350 $71,610 $1,386
2012 $62,620 $11,350 $73,970 $1,364
2011 $62,620 $11,350 $73,970 $1,330

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,493 sqft
Lot size
14,628 sqft
ZIP code
50170
City
Monroe
Street
Mechanic St
Coordinates
41.52686, -93.09669

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,089
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 701 Mechanic St last sell?
701 Mechanic St most recently sold on Dec 3, 2021 for $181,500.
What is the current tax assessment for 701 Mechanic St?
The most recent total assessment for 701 Mechanic St (year 2025) is $197,130 with $2,850 in property tax.
How does 701 Mechanic St's assessment compare to its last sale price?
The current assessment is 8.6% above the last sale price of $181,500.
When was 701 Mechanic St built?
701 Mechanic St was built in 1890.
How does 701 Mechanic St compare to others on Mechanic St?
We track 6 other properties on Mechanic St. Browse the list under "Other properties on Mechanic St" to compare beds, baths, and sale history.
What are the property facts for 701 Mechanic St?
701 Mechanic St is a 3 bed, 2 bath, 1,493 sqft, 14,628 sqft lot single_family.
Is 701 Mechanic St a flip candidate?
No — 701 Mechanic St does not appear in our flips dataset.
Is 701 Mechanic St a tax-appeal candidate?
No — 701 Mechanic 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
+2.8%
Implied 1-yr
+11.2%
2026 Q3
$300.9K
2026 Q4
$308.1K
ZIP 50170 — Median Price History + Forecast

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