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507 Walnut St

Riceville, IA 50466

4 bd 2 ba 1,618 sqft Built 1877 Lot 11,195 sqft single_family
Most recent sale
$124,900
Jan 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 27, 2023 Sold $124,900 NorthEastIARegional

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $115,680 $7,800 $123,480 $1,472
2023 $95,610 $7,800 $103,410 $1,172
2022 $65,880 $7,800 $73,680 $1,154
2021 $65,880 $7,800 $73,680 $1,228
2020 $67,390 $7,800 $75,190 $1,296
2019 $73,620 $4,620 $78,240 $1,260
2018 $70,080 $4,620 $74,700 $1,202
2017 $70,080 $4,620 $74,700 $1,184
2016 $65,950 $4,620 $70,570 $1,138
2014 $70,570 $1,036
2012 $64,330 $4,620 $68,950 $1,028
2011 $68,950 $1,032
2008 $63,030 $780

Property facts

Year built
1877
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,618 sqft
Lot size
11,195 sqft
ZIP code
50466
City
Riceville
Street
Walnut St
Coordinates
43.35901, -92.55634

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
$749
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Walnut St last sell?
507 Walnut St most recently sold on Jan 27, 2023 for $124,900.
What is the current tax assessment for 507 Walnut St?
The most recent total assessment for 507 Walnut St (year 2025) is $123,480 with $1,472 in property tax.
How does 507 Walnut St's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $124,900.
When was 507 Walnut St built?
507 Walnut St was built in 1877.
How does 507 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 507 Walnut St?
507 Walnut St is a 4 bed, 2 bath, 1,618 sqft, 11,195 sqft lot single_family.
Is 507 Walnut St a flip candidate?
No — 507 Walnut St does not appear in our flips dataset.
Is 507 Walnut St a tax-appeal candidate?
No — 507 Walnut St 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
+13.9%
Implied 1-yr
+55.4%
2026 Q1
$339.5K
2026 Q2
$364.3K
ZIP 50466 — Median Price History + Forecast

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