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205 2nd Ave

Oelwein, IA 50662

3 bd 1 ba 1,040 sqft Built 1924 Lot 3,485 sqft single_family
Most recent sale
$32,500
Nov 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2022 Sold $32,500 NorthEastIARegional

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $55,300 $5,550 $60,850 $1,020
2024 $55,300 $5,550 $60,850 $998
2023 $47,110 $5,550 $52,660 $910
2022 $37,950 $4,630 $42,580 $904
2021 $37,950 $4,630 $42,580 $826
2020 $42,650 $3,330 $45,980 $808
2019 $42,650 $3,330 $45,980 $418
2018 $34,450 $3,330 $37,780 $406
2017 $34,450 $3,330 $37,780 $398
2016 $31,940 $3,330 $35,270 $336
2015 $27,150 $3,330 $30,480 $336
2014 $27,150 $3,330 $30,480 $330
2012 $29,750 $3,330 $33,080 $358
2011 $29,750 $3,330 $33,080 $340
2007 $28,920 $3,330 $32,250 $284

Property facts

Year built
1924
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,040 sqft
Lot size
3,485 sqft
ZIP code
50662
City
Oelwein
Street
2nd Ave
Coordinates
42.67515, -91.91026

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
$195
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 205 2nd Ave last sell?
205 2nd Ave most recently sold on Nov 30, 2022 for $32,500.
What is the current tax assessment for 205 2nd Ave?
The most recent total assessment for 205 2nd Ave (year 2025) is $60,850 with $1,020 in property tax.
How does 205 2nd Ave's assessment compare to its last sale price?
The current assessment is 87.2% above the last sale price of $32,500.
When was 205 2nd Ave built?
205 2nd Ave was built in 1924.
How does 205 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 205 2nd Ave?
205 2nd Ave is a 3 bed, 1 bath, 1,040 sqft, 3,485 sqft lot single_family.
Is 205 2nd Ave a flip candidate?
No — 205 2nd Ave does not appear in our flips dataset.
Is 205 2nd Ave a tax-appeal candidate?
Yes — 205 2nd Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.0%
2026 Q3
$100.2K
2026 Q4
$99.9K
ZIP 50662 — Median Price History + Forecast

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