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1671 Highway S56

Promise City, IA 52583

4 bd 3 ba 2,464 sqft Built 2024 other
Most recent sale
$245,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2023 Sold $230,000 DesMoines
May 5, 2023 Sold $315,000 Public Record
Sep 30, 2022 Sold $245,000 MLS #650822
Jul 27, 2022 Price changed $275,000 MLS #650822
Jun 7, 2022 Price changed $299,900 MLS #650822
Apr 28, 2022 Listed $325,000 MLS #650822
Sep 18, 2019 Relisted $130,517 WestCentralIA
Jan 21, 2019 Relisted $135,235 WestCentralIA
Jan 18, 2019 Listing removed $135,235 WestCentralIA
Jul 18, 2018 Price changed $135,235 WestCentralIA
Apr 12, 2018 Price changed $144,670 WestCentralIA
Jan 16, 2018 Price changed $150,960 WestCentralIA
Jul 17, 2017 Listed $157,250 WestCentralIA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $296,180 $19,960 $316,140 $326
2023 $7,570 $14,860 $22,430 $438
2022 $5,510 $11,250 $16,760 $424
2021 $5,860 $11,250 $17,110 $296
2020 $11,970 $11,970 $288
2019 $11,970 $11,970 $274
2018 $16,290 $16,290 $276
2017 $16,290 $16,290 $172
2016 $15,422 $15,422 $224
2014 $21,078 $21,078 $270
2012 $16,378 $16,378 $302
2011 $16,378 $16,378 $348
2009 $14,486 $14,486 $282
2008 $9,614 $9,614 $266
2003 $8,836 $8,836 $250

Property facts

Year built
2024
Property type
other
Stories
Beds
4
Baths
3
Living area
2,464 sqft
Lot size
ZIP code
52583
City
Promise City
Street
Highway S56
Coordinates
40.79870, -93.13804

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1671 Highway S56 last sell?
1671 Highway S56 most recently sold on Sep 30, 2022 for $245,000.
What is the current tax assessment for 1671 Highway S56?
The most recent total assessment for 1671 Highway S56 (year 2025) is $316,140 with $326 in property tax.
How does 1671 Highway S56's assessment compare to its last sale price?
The current assessment is 29.0% above the last sale price of $245,000.
When was 1671 Highway S56 built?
1671 Highway S56 was built in 2024.
How does 1671 Highway S56 compare to others on Highway S56?
We track 4 other properties on Highway S56. Browse the list under "Other properties on Highway S56" to compare beds, baths, and sale history.
What are the property facts for 1671 Highway S56?
1671 Highway S56 is a 4 bed, 3 bath, 2,464 sqft other.
Is 1671 Highway S56 a flip candidate?
Yes — 1671 Highway S56 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1671 Highway S56 a tax-appeal candidate?
Yes — 1671 Highway S56 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
+17.0%
Implied 1-yr
+67.9%
2024 Q2
$412K
2024 Q3
$451.6K
ZIP 52583 — Median Price History + Forecast

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