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112 Shellway Dr

Mount Ayr, IA 50854

3 bd 2 ba 1,479 sqft Built 1936 Lot 14,810 sqft single_family
Most recent sale
$162,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 19, 2024 Listed $182,000 NoCoastMLS
Nov 11, 2023 Listing removed $182,000 WestCentralIA
Nov 1, 2023 Listing removed WestCentralIA
May 30, 2023 Price changed $182,000 WestCentralIA
Apr 4, 2023 Listed $189,000 WestCentralIA
May 27, 2022 Sold $162,000 MLS #6160464
Apr 4, 2022 Price changed $185,500 MLS #6160464
Mar 5, 2022 Listed $195,500 MLS #6160464
Jul 21, 2017 Sold $81,125 Public Record
Jun 22, 2015 Sold $60,000 Public Record
Oct 23, 1992 Sold $34,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $39,092 $39,092 $600
2024 $39,092 $39,092 $588
2023 $29,819 $29,819 $550
2022 $21,930 $21,930 $526
2021 $71,077 $10,626 $81,703 $1,560
2020 $66,468 $11,370 $77,838 $1,520
2019 $65,433 $11,370 $76,803 $1,896
2018 $69,270 $11,010 $80,280 $1,974
2017 $69,270 $11,010 $80,280 $1,342
2016 $50,240 $11,010 $61,250 $1,296
2015 $50,240 $11,010 $61,250 $1,508
2014 $50,240 $11,010 $61,250 $1,472
2013 $50,240 $11,010 $61,250 $1,606
2012 $55,530 $11,010 $66,540 $1,402
2011 $66,770 $1,096
2007 $12,150 $12,150 $358

Property facts

Year built
1936
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,479 sqft
Lot size
14,810 sqft
ZIP code
50854
City
Mount Ayr
Street
Shellway Dr
Coordinates
40.74945, -94.40282

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
$972
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 112 Shellway Dr last sell?
112 Shellway Dr most recently sold on May 27, 2022 for $162,000.
What is the current tax assessment for 112 Shellway Dr?
The most recent total assessment for 112 Shellway Dr (year 2025) is $39,092 with $600 in property tax.
How does 112 Shellway Dr's assessment compare to its last sale price?
The current assessment is 75.9% below the last sale price of $162,000.
When was 112 Shellway Dr built?
112 Shellway Dr was built in 1936.
How does 112 Shellway Dr compare to others on Shellway Dr?
We track 5 other properties on Shellway Dr. Browse the list under "Other properties on Shellway Dr" to compare beds, baths, and sale history.
What are the property facts for 112 Shellway Dr?
112 Shellway Dr is a 3 bed, 2 bath, 1,479 sqft, 14,810 sqft lot single_family.
Is 112 Shellway Dr a flip candidate?
No — 112 Shellway Dr does not appear in our flips dataset.
Is 112 Shellway Dr a tax-appeal candidate?
No — 112 Shellway Dr 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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