1227 K Ave
Nevada, IA 50201
3 bd 4 ba 1,972 sqft Built 1991 Lot 9,148 sqft single_family
Most recent sale
$290,000
Dec 10, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 10, 2021 | Sold | $290,000 | MLS #641158 |
| Jun 22, 2020 | Price changed | $269,900 | MLS #600418 |
| May 26, 2020 | Price changed | $279,000 | MLS #600418 |
| May 1, 2020 | Price changed | $287,000 | MLS #600418 |
| Mar 4, 2020 | Listed | $295,900 | MLS #600418 |
| Mar 3, 2020 | Listed | $295,900 | MLS #54132 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $228,000 | $84,800 | $312,800 | $4,828 |
| 2024 | $228,000 | $84,800 | $312,800 | $4,706 |
| 2023 | $225,200 | $76,100 | $301,300 | $4,880 |
| 2022 | $180,800 | $76,100 | $256,900 | $4,766 |
| 2021 | $180,800 | $76,100 | $256,900 | $5,024 |
| 2020 | $189,600 | $65,500 | $255,100 | $4,874 |
| 2019 | $189,600 | $65,500 | $255,100 | $5,010 |
| 2018 | $181,600 | $57,600 | $239,200 | $4,880 |
| 2017 | $181,600 | $57,600 | $239,200 | $4,394 |
| 2016 | $170,300 | $41,900 | $212,200 | $4,284 |
| 2015 | $170,300 | $41,900 | $212,200 | $4,348 |
| 2014 | $170,300 | $41,900 | $212,200 | $4,240 |
| 2013 | $170,300 | $41,900 | $212,200 | $4,122 |
| 2012 | $173,100 | $42,800 | $215,900 | $3,984 |
| 2009 | $179,300 | $42,800 | $222,100 | $3,972 |
| 2007 | $192,100 | $42,800 | $234,900 | $3,810 |
| 2006 | $180,600 | $42,800 | $223,400 | $3,894 |
| 2004 | $180,600 | $42,800 | $223,400 | $3,798 |
Property facts
Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
1,972 sqft
Lot size
9,148 sqft
ZIP code
50201
City
Nevada
Street
K Ave
Coordinates
42.00156, -93.44227
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
$2,958
Gross rental yield
12.24%
Implied cap rate
7.96%
Trend-extrapolated value
—
Frequently asked questions
When did 1227 K Ave last sell?
1227 K Ave most recently sold on Dec 10, 2021 for $290,000.
What is the current tax assessment for 1227 K Ave?
The most recent total assessment for 1227 K Ave (year 2025) is $312,800 with $4,828 in property tax.
How does 1227 K Ave's assessment compare to its last sale price?
The current assessment is 7.9% above the last sale price of $290,000.
When was 1227 K Ave built?
1227 K Ave was built in 1991.
How does 1227 K Ave compare to others on K Ave?
We track 8 other properties on K Ave. Browse the list under "Other properties on K Ave" to compare beds, baths, and sale history.
What are the property facts for 1227 K Ave?
1227 K Ave is a 3 bed, 4 bath, 1,972 sqft, 9,148 sqft lot single_family.
Is 1227 K Ave a flip candidate?
No — 1227 K Ave does not appear in our flips dataset.
Is 1227 K Ave a tax-appeal candidate?
No — 1227 K Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.5%
Implied 1-yr
+17.9%
2026 Q2
$303.9K
2026 Q3
$314.4K
ZIP 50201 — Median Price History + Forecast
Explore nearby
Geography
Other properties on K Ave