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402 Pierce St

Mount Ayr, IA 50854

2 bd 1 ba 728 sqft Built 1915 Lot 8,712 sqft single_family
Most recent sale
$17,500
Feb 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 11, 2022 Sold $17,500 MLS #639878
Jan 4, 2022 Price changed $20,000 MLS #639878
Dec 8, 2021 Price changed $22,500 MLS #639878
Nov 17, 2021 Price changed $24,900 MLS #639878
Nov 5, 2021 Price changed $25,900 MLS #639878
Oct 20, 2021 Listed $26,900 MLS #639878
Oct 25, 2017 Sold $33,050 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $52,887 $6,600 $59,487 $994
2024 $52,887 $6,600 $59,487 $976
2023 $43,803 $5,940 $49,743 $774
2022 $28,372 $5,940 $34,312 $738
2021 $28,372 $5,940 $34,312 $1,893
2020 $26,914 $6,356 $33,270 $1,424
2019 $26,914 $6,356 $33,270 $2,523
2018 $22,790 $5,610 $28,400 $1,839
2017 $22,790 $5,610 $28,400 $678
2016 $21,040 $5,610 $26,650 $658
2015 $21,040 $5,610 $26,650 $642
2014 $20,510 $5,610 $26,120 $628
2013 $20,510 $5,610 $26,120 $630
2012 $20,510 $5,610 $26,120 $618
2011 $26,200 $494
2007 $18,780 $5,610 $24,390 $494

Property facts

Year built
1915
Property type
single_family
Stories
Beds
2
Baths
1
Living area
728 sqft
Lot size
8,712 sqft
ZIP code
50854
City
Mount Ayr
Street
Pierce St
Coordinates
40.71157, -94.23965

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$105
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 402 Pierce St last sell?
402 Pierce St most recently sold on Feb 11, 2022 for $17,500.
What is the current tax assessment for 402 Pierce St?
The most recent total assessment for 402 Pierce St (year 2025) is $59,487 with $994 in property tax.
How does 402 Pierce St's assessment compare to its last sale price?
The current assessment is 239.9% above the last sale price of $17,500.
When was 402 Pierce St built?
402 Pierce St was built in 1915.
How does 402 Pierce St compare to others on Pierce St?
We track 8 other properties on Pierce St. Browse the list under "Other properties on Pierce St" to compare beds, baths, and sale history.
What are the property facts for 402 Pierce St?
402 Pierce St is a 2 bed, 1 bath, 728 sqft, 8,712 sqft lot single_family.
Is 402 Pierce St a flip candidate?
No — 402 Pierce St does not appear in our flips dataset.
Is 402 Pierce St a tax-appeal candidate?
Yes — 402 Pierce 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 valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.5%
2026 Q1
$126.6K
2026 Q2
$128.5K
ZIP 50854 — Median Price History + Forecast

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