500 South St
Mount Ayr, IA 50854
2 bd 1 ba 896 sqft Built 1940 Lot 9,627 sqft single_family
Most recent sale
$52,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 21, 2024 | Sold | $68,000 | NoCoastMLS |
| Aug 6, 2024 | Price changed | $68,000 | NoCoastMLS |
| Apr 1, 2024 | Listed | $72,500 | NoCoastMLS |
| Mar 18, 2024 | Listing removed | $72,500 | NoCoastMLS |
| Mar 12, 2024 | Listed | $72,500 | NoCoastMLS |
| May 27, 2022 | Sold | $52,000 | MLS #6188946 |
| May 2, 2022 | Listed | $55,000 | MLS #6188946 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $52,054 | $15,514 | $67,568 | $1,116 |
| 2024 | $52,054 | $15,514 | $67,568 | $1,032 |
| 2023 | $42,936 | $9,628 | $52,564 | $1,054 |
| 2022 | $37,098 | $9,628 | $46,726 | $260 |
| 2021 | $11,385 | $9,628 | $21,013 | $210 |
| 2020 | $10,456 | $7,005 | $17,461 | $410 |
| 2019 | $10,456 | $7,005 | $17,461 | $508 |
| 2018 | $11,830 | $7,400 | $19,230 | $474 |
| 2017 | $11,830 | $7,400 | $19,230 | $466 |
| 2016 | $10,920 | $7,400 | $18,320 | $452 |
| 2015 | $10,920 | $7,400 | $18,320 | $450 |
| 2014 | $10,920 | $7,400 | $18,320 | $440 |
| 2013 | $10,920 | $7,400 | $18,320 | $442 |
| 2012 | $10,920 | $7,400 | $18,320 | $438 |
| 2011 | — | — | $18,560 | $526 |
Property facts
Year built
1940
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
896 sqft
Lot size
9,627 sqft
ZIP code
50854
City
Mount Ayr
Street
South St
Coordinates
40.71113, -94.24279
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$312
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 500 South St last sell?
500 South St most recently sold on May 27, 2022 for $52,000.
What is the current tax assessment for 500 South St?
The most recent total assessment for 500 South St (year 2025) is $67,568 with $1,116 in property tax.
How does 500 South St's assessment compare to its last sale price?
The current assessment is 29.9% above the last sale price of $52,000.
When was 500 South St built?
500 South St was built in 1940.
How does 500 South St compare to others on South St?
We track 4 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 500 South St?
500 South St is a 2 bed, 1 bath, 896 sqft, 9,627 sqft lot single_family.
Is 500 South St a flip candidate?
No — 500 South St does not appear in our flips dataset.
Is 500 South St a tax-appeal candidate?
No — 500 South 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 South St