605 Monroe St
Mount Ayr, IA 50854
3 bd 1 ba 1,186 sqft Built 1900 Lot 8,712 sqft single_family
Most recent sale
$69,500
Feb 6, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 24, 2024 | Listed | $67,000 | NoCoastMLS |
| Feb 6, 2023 | Sold | $69,500 | NoCoastMLS |
| Sep 13, 2022 | Listed | $69,500 | MLS #6302526 |
| Feb 11, 2022 | Sold | $33,000 | MLS #6138574 |
| Dec 31, 2021 | Listed | $35,000 | MLS #6138574 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $2,802 | $54,186 | $56,988 | $890 |
| 2024 | $2,802 | $54,186 | $56,988 | $878 |
| 2023 | $2,466 | $41,130 | $43,596 | $830 |
| 2022 | $2,124 | $30,281 | $32,405 | $786 |
| 2021 | $29,929 | $6,600 | $36,529 | $786 |
| 2020 | $27,536 | $5,650 | $33,186 | $780 |
| 2019 | $27,536 | $5,650 | $33,186 | $856 |
| 2018 | $26,810 | $5,610 | $32,420 | $798 |
| 2017 | $26,810 | $5,610 | $32,420 | $772 |
| 2016 | $24,750 | $5,610 | $30,360 | $748 |
| 2015 | $24,750 | $5,610 | $30,360 | $748 |
| 2014 | $24,750 | $5,610 | $30,360 | $730 |
| 2013 | $24,750 | $5,610 | $30,360 | $784 |
| 2012 | $26,880 | $5,610 | $32,490 | $768 |
| 2011 | — | — | $32,480 | $618 |
| 2007 | $7,171 | $18,320 | $25,491 | $766 |
Property facts
Year built
1900
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,186 sqft
Lot size
8,712 sqft
ZIP code
50854
City
Mount Ayr
Street
Monroe St
Coordinates
40.68456, -94.42142
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
$417
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 605 Monroe St last sell?
605 Monroe St most recently sold on Feb 6, 2023 for $69,500.
What is the current tax assessment for 605 Monroe St?
The most recent total assessment for 605 Monroe St (year 2025) is $56,988 with $890 in property tax.
How does 605 Monroe St's assessment compare to its last sale price?
The current assessment is 18.0% below the last sale price of $69,500.
When was 605 Monroe St built?
605 Monroe St was built in 1900.
How does 605 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 605 Monroe St?
605 Monroe St is a 3 bed, 1 bath, 1,186 sqft, 8,712 sqft lot single_family.
Is 605 Monroe St a flip candidate?
Yes — 605 Monroe St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 605 Monroe St a tax-appeal candidate?
No — 605 Monroe St is not currently flagged as a tax-appeal candidate.
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