1206 Monroe St
Mount Ayr, IA 50854
3 bd 1 ba 1,070 sqft Built 1920 Lot 29,621 sqft single_family
Most recent sale
$39,500
Jan 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 4, 2022 | Sold | $39,500 | MLS #6111428 |
| Oct 8, 2021 | Listed | $39,500 | MLS #6111428 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $35,014 | $22,500 | $57,514 | $776 |
| 2024 | $35,014 | $22,500 | $57,514 | $758 |
| 2023 | $28,870 | $20,250 | $49,120 | $1,280 |
| 2022 | $45,434 | $20,250 | $65,684 | $1,222 |
| 2021 | $45,434 | $20,250 | $65,684 | $1,114 |
| 2020 | $42,700 | $13,001 | $55,701 | $1,102 |
| 2019 | $42,700 | $13,001 | $55,701 | $1,012 |
| 2018 | $35,330 | $11,480 | $46,810 | $856 |
| 2017 | $35,330 | $11,480 | $46,810 | $822 |
| 2016 | $32,610 | $11,480 | $44,090 | $790 |
| 2015 | $32,610 | $11,480 | $44,090 | $788 |
| 2014 | $32,610 | $11,480 | $44,090 | $764 |
| 2013 | $32,610 | $11,480 | $44,090 | $758 |
| 2012 | $32,610 | $11,480 | $44,090 | $794 |
| 2011 | — | — | $44,730 | $604 |
| 2007 | $31,960 | $10,000 | $41,960 | $604 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,070 sqft
Lot size
29,621 sqft
ZIP code
50854
City
Mount Ayr
Street
Monroe St
Coordinates
40.71408, -94.22458
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$237
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1206 Monroe St last sell?
1206 Monroe St most recently sold on Jan 4, 2022 for $39,500.
What is the current tax assessment for 1206 Monroe St?
The most recent total assessment for 1206 Monroe St (year 2025) is $57,514 with $776 in property tax.
How does 1206 Monroe St's assessment compare to its last sale price?
The current assessment is 45.6% above the last sale price of $39,500.
When was 1206 Monroe St built?
1206 Monroe St was built in 1920.
How does 1206 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 1206 Monroe St?
1206 Monroe St is a 3 bed, 1 bath, 1,070 sqft, 29,621 sqft lot single_family.
Is 1206 Monroe St a flip candidate?
No — 1206 Monroe St does not appear in our flips dataset.
Is 1206 Monroe St a tax-appeal candidate?
Yes — 1206 Monroe 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
+1.6%
Implied 1-yr
+6.5%
2026 Q1
$126.6K
2026 Q2
$128.5K
ZIP 50854 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monroe St