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504 1st St

Rippey, IA 50235

2 bd 1 ba 1,036 sqft Built 1912 Lot 8,712 sqft single_family
Most recent sale
$55,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $55,000 MLS #655727
Jul 7, 2022 Listed $55,000 MLS #655727
Jul 8, 2019 Sold $47,400 MLS #579514
May 29, 2019 Price changed $44,900 MLS #579514
May 15, 2019 Price changed $48,900 MLS #579514
May 8, 2019 Price changed $53,000 MLS #579514
Apr 23, 2019 Price changed $55,000 MLS #579514
Apr 8, 2019 Listed $60,000 MLS #579514
Mar 22, 2017 Listing removed $55,900 DesMoines
Nov 30, 2016 Price changed $55,900 MLS #527695
Oct 25, 2016 Listed $59,900 MLS #527695

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $65,300 $5,000 $70,300 $1,084
2023 $55,100 $5,000 $60,100 $732
2022 $30,400 $5,000 $35,400 $708
2021 $30,400 $5,000 $35,400 $674
2020 $26,000 $5,000 $31,000 $648
2019 $26,000 $5,000 $31,000 $602
2018 $22,000 $5,000 $27,000 $586
2017 $22,000 $5,000 $27,000 $558
2016 $25,200 $2,300 $27,500 $538
2015 $25,900 $2,300 $28,200 $518
2014 $25,900 $2,300 $28,200 $510
2013 $25,900 $2,300 $28,200 $344
2012 $25,900 $2,300 $28,200 $520
2011 $35,300 $2,100 $37,400 $500
2008 $2,200 $28,700 $338

Property facts

Year built
1912
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,036 sqft
Lot size
8,712 sqft
ZIP code
50235
City
Rippey
Street
1st St
Coordinates
41.93224, -94.20276

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 504 1st St last sell?
504 1st St most recently sold on Oct 19, 2022 for $55,000.
What is the current tax assessment for 504 1st St?
The most recent total assessment for 504 1st St (year 2025) is $70,300 with $1,084 in property tax.
How does 504 1st St's assessment compare to its last sale price?
The current assessment is 27.8% above the last sale price of $55,000.
When was 504 1st St built?
504 1st St was built in 1912.
How does 504 1st St compare to others on 1st St?
We track 4 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 504 1st St?
504 1st St is a 2 bed, 1 bath, 1,036 sqft, 8,712 sqft lot single_family.
Is 504 1st St a flip candidate?
No — 504 1st St does not appear in our flips dataset.
Is 504 1st St a tax-appeal candidate?
Yes — 504 1st St 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
+23.0%
Implied 1-yr
+91.8%
2025 Q3
$243.8K
2025 Q4
$255.8K
ZIP 50235 — Median Price History + Forecast

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