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1601 Timber Ridge Dr

Norwalk, IA 50211

3 bd 2 ba 1,473 sqft Built 2021 Lot 12,632 sqft single_family
Most recent sale
$391,631
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $391,631 MLS #648077
Mar 23, 2022 Listed $365,600 MLS #648077

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $234,400 $74,200 $308,600 $5,202
2024 $234,400 $74,200 $308,600 $5,318
2023 $231,400 $68,600 $300,000 $1,336

Property facts

Year built
2021
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,473 sqft
Lot size
12,632 sqft
ZIP code
50211
City
Norwalk
Street
Timber Ridge Dr
Coordinates
41.48246, -93.72623

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
$2,210
Gross rental yield
6.77%
Implied cap rate
4.40%
Trend-extrapolated value

Frequently asked questions

When did 1601 Timber Ridge Dr last sell?
1601 Timber Ridge Dr most recently sold on May 13, 2022 for $391,631.
What is the current tax assessment for 1601 Timber Ridge Dr?
The most recent total assessment for 1601 Timber Ridge Dr (year 2025) is $308,600 with $5,202 in property tax.
How does 1601 Timber Ridge Dr's assessment compare to its last sale price?
The current assessment is 21.2% below the last sale price of $391,631.
When was 1601 Timber Ridge Dr built?
1601 Timber Ridge Dr was built in 2021.
How does 1601 Timber Ridge Dr compare to others on Timber Ridge Dr?
We track 8 other properties on Timber Ridge Dr. Browse the list under "Other properties on Timber Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 1601 Timber Ridge Dr?
1601 Timber Ridge Dr is a 3 bed, 2 bath, 1,473 sqft, 12,632 sqft lot single_family.
Is 1601 Timber Ridge Dr a flip candidate?
No — 1601 Timber Ridge Dr does not appear in our flips dataset.
Is 1601 Timber Ridge Dr a tax-appeal candidate?
No — 1601 Timber Ridge 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
-3.6%
Implied 1-yr
-14.4%
2026 Q3
$330.5K
2026 Q4
$315K
ZIP 50211 — Median Price History + Forecast

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