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505 Pierce St

Mount Ayr, IA 50854

4 bd 2 ba 1,824 sqft Built 1907 Lot 8,712 sqft single_family
Most recent sale
$124,000
Nov 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2023 Sold $124,000 NoCoastMLS
Nov 1, 2023 Relisted $124,900 WestCentralIA
Oct 26, 2023 Listing removed WestCentralIA
Jul 6, 2023 Price changed $124,900 WestCentralIA
Jul 1, 2023 Price changed $124,000 WestCentralIA
Apr 26, 2023 Listed $129,000 WestCentralIA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $44,373 $44,373 $686
2024 $44,373 $44,373 $674
2023 $33,809 $33,809 $652
2022 $25,721 $25,721 $620
2021 $29,506 $29,506 $684
2020 $29,805 $29,805 $680
2019 $29,805 $29,805 $692
2018 $39,128 $39,128 $670
2017 $39,128 $39,128 $582
2016 $38,732 $38,732 $572
2015 $38,732 $38,732 $506
2014 $60 $35,380 $35,440 $470
2013 $40 $25,090 $25,130 $494
2012 $40 $25,090 $25,130 $484
2011 $25,130 $402
2007 $183 $13,950 $14,133 $402

Property facts

Year built
1907
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,824 sqft
Lot size
8,712 sqft
ZIP code
50854
City
Mount Ayr
Street
Pierce St
Coordinates
40.61546, -94.21198

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
$744
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Pierce St last sell?
505 Pierce St most recently sold on Nov 30, 2023 for $124,000.
What is the current tax assessment for 505 Pierce St?
The most recent total assessment for 505 Pierce St (year 2025) is $44,373 with $686 in property tax.
How does 505 Pierce St's assessment compare to its last sale price?
The current assessment is 64.2% below the last sale price of $124,000.
When was 505 Pierce St built?
505 Pierce St was built in 1907.
How does 505 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 505 Pierce St?
505 Pierce St is a 4 bed, 2 bath, 1,824 sqft, 8,712 sqft lot single_family.
Is 505 Pierce St a flip candidate?
No — 505 Pierce St does not appear in our flips dataset.
Is 505 Pierce St a tax-appeal candidate?
No — 505 Pierce 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
+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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