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27 Drake Dr

Palo, IA 52324

3 bd 2 ba 1,412 sqft Built 1971 Lot 13,650 sqft single_family
Most recent sale
$195,000
Jan 16, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 16, 2023 Sold $195,000 Public Record
Nov 9, 2022 Sold $195,000 CedarRapids
Oct 21, 2020 Listing removed CedarRapids
Oct 20, 2020 Sold $175,000 Public Record
Jun 17, 2020 Listed $175,000 CedarRapids
Aug 17, 2017 Sold $154,000 Public Record
Jul 6, 2017 Listing removed $155,000 CedarRapids
Jul 5, 2017 Sold $154,000 IowaCity
Jun 20, 2017 Listed $155,000 IowaCity
Jun 16, 2017 Listed $155,000 CedarRapids
Jun 3, 2014 Sold $117,000 Public Record
Apr 10, 2014 Listing removed $124,500 CedarRapids
Mar 24, 2014 Listed $124,500 CedarRapids
Aug 31, 2012 Listing removed $121,000 CedarRapids
Aug 9, 2012 Price changed $121,000 CedarRapids
Jul 13, 2012 Listed $124,950 CedarRapids
May 18, 2002 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $131,200 $26,800 $158,000 $2,494
2023 $147,000 $26,800 $173,800 $2,614
2022 $108,000 $26,800 $134,800 $2,650
2021 $108,000 $26,800 $134,800 $2,378
2020 $98,700 $26,800 $125,500 $2,332
2019 $98,700 $26,800 $125,500 $2,080
2018 $84,800 $26,800 $111,600 $2,206
2017 $84,800 $26,800 $111,600 $2,208
2016 $80,600 $26,800 $107,400 $2,128
2015 $80,600 $26,800 $107,400 $2,154
2014 $80,600 $26,800 $107,400 $2,110
2012 $80,600 $26,800 $107,400 $1,414
2011 $73,762 $11,158 $84,920 $1,390
2010 $73,762 $11,158 $84,920 $1,324
2009 $96,028 $1,162
2004 $80,829 $10,627 $91,456 $1,236

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,412 sqft
Lot size
13,650 sqft
ZIP code
52324
City
Palo
Street
Drake Dr
Coordinates
42.06222, -91.79327

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,118
Gross rental yield
13.03%
Implied cap rate
8.47%
Trend-extrapolated value

Frequently asked questions

When did 27 Drake Dr last sell?
27 Drake Dr most recently sold on Jan 16, 2023 for $195,000.
What is the current tax assessment for 27 Drake Dr?
The most recent total assessment for 27 Drake Dr (year 2025) is $158,000 with $2,494 in property tax.
How does 27 Drake Dr's assessment compare to its last sale price?
The current assessment is 19.0% below the last sale price of $195,000.
When was 27 Drake Dr built?
27 Drake Dr was built in 1971.
How does 27 Drake Dr compare to others on Drake Dr?
We track 4 other properties on Drake Dr. Browse the list under "Other properties on Drake Dr" to compare beds, baths, and sale history.
What are the property facts for 27 Drake Dr?
27 Drake Dr is a 3 bed, 2 bath, 1,412 sqft, 13,650 sqft lot single_family.
Is 27 Drake Dr a flip candidate?
No — 27 Drake Dr does not appear in our flips dataset.
Is 27 Drake Dr a tax-appeal candidate?
No — 27 Drake 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
+3.7%
Implied 1-yr
+14.7%
2025 Q3
$400.8K
2025 Q4
$412.6K
ZIP 52324 — Median Price History + Forecast

Explore nearby

Other properties on Drake Dr