407 1st St
Oelwein, IA 50662
4 bd 2 ba 1,404 sqft Built 1910 Lot 6,500 sqft single_family
Most recent sale
$48,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 30, 2024 | Sold | $47,000 | CedarRapids |
| Mar 18, 2024 | Listed | $50,000 | CedarRapids |
| Sep 23, 2022 | Sold | $48,000 | NorthEastIARegional |
| Apr 15, 2022 | Listed | $48,000 | MLS #20221490 |
| Mar 2, 2020 | Listing removed | — | NorthEastIARegional |
| Aug 3, 2019 | Listed | $50,000 | MLS #20194112 |
| Jul 24, 2019 | Listing removed | — | NorthEastIARegional |
| Jan 23, 2019 | Listed | $50,000 | MLS #20190368 |
| Nov 14, 2018 | Listing removed | — | NorthEastIARegional |
| Nov 6, 2017 | Relisted | $50,000 | MLS #20161446 |
| Nov 2, 2017 | Listing removed | $50,000 | NorthEastIARegional |
| Mar 13, 2017 | Sold | $28,625 | Public Record |
| Oct 26, 2016 | Price changed | $50,000 | MLS #20161446 |
| Sep 2, 2016 | Price changed | $58,000 | MLS #20161446 |
| Mar 20, 2016 | Listed | $60,000 | MLS #20161446 |
| Aug 7, 2013 | Listing removed | $55,000 | NorthEastIARegional |
| Jun 7, 2013 | Price changed | $55,000 | MLS #205577 |
| Dec 12, 2012 | Listing removed | $60,000 | NorthEastIowa |
| Dec 11, 2012 | Listed | $58,000 | MLS #205577 |
| Sep 8, 2011 | Price changed | $60,000 | MLS #19388 |
| Apr 20, 2011 | Listed | $62,500 | MLS #19388 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $45,490 | $7,500 | $52,990 | $1,100 |
| 2024 | $45,490 | $7,500 | $52,990 | $930 |
| 2023 | $41,600 | $7,500 | $49,100 | $876 |
| 2022 | $34,680 | $6,250 | $40,930 | $870 |
| 2021 | $34,680 | $6,250 | $40,930 | $670 |
| 2020 | $26,830 | $3,500 | $30,330 | $660 |
| 2019 | $26,830 | $3,500 | $30,330 | $710 |
| 2018 | $28,680 | $3,500 | $32,180 | $694 |
| 2017 | $28,680 | $3,500 | $32,180 | $530 |
| 2016 | $19,980 | $3,500 | $23,480 | $518 |
| 2015 | $19,980 | $3,500 | $23,480 | $518 |
| 2014 | $19,980 | $3,500 | $23,480 | $510 |
| 2012 | $24,540 | $3,500 | $28,040 | $606 |
| 2011 | $24,540 | $3,500 | $28,040 | $576 |
| 2007 | $24,540 | $3,500 | $28,040 | $494 |
Property facts
Year built
1910
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,404 sqft
Lot size
6,500 sqft
ZIP code
50662
City
Oelwein
Street
1st St
Coordinates
42.68010, -91.90747
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
$288
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 407 1st St last sell?
407 1st St most recently sold on Sep 23, 2022 for $48,000.
What is the current tax assessment for 407 1st St?
The most recent total assessment for 407 1st St (year 2025) is $52,990 with $1,100 in property tax.
How does 407 1st St's assessment compare to its last sale price?
The current assessment is 10.4% above the last sale price of $48,000.
When was 407 1st St built?
407 1st St was built in 1910.
How does 407 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 407 1st St?
407 1st St is a 4 bed, 2 bath, 1,404 sqft, 6,500 sqft lot single_family.
Is 407 1st St a flip candidate?
No — 407 1st St does not appear in our flips dataset.
Is 407 1st St a tax-appeal candidate?
No — 407 1st 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
-0.3%
Implied 1-yr
-1.0%
2026 Q3
$100.2K
2026 Q4
$99.9K
ZIP 50662 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st St