5081 40th St
Searsboro, IA 50242
3 bd 2 ba 864 sqft Built 1964 Lot 386,377 sqft single_family
Most recent sale
$250,000
Mar 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 18, 2022 | Sold | $250,000 | MLS #639681 |
| Dec 3, 2021 | Price changed | $254,000 | MLS #639681 |
| Oct 25, 2021 | Price changed | $263,000 | MLS #639681 |
| Oct 15, 2021 | Listed | $275,000 | MLS #639681 |
| Aug 1, 2012 | Sold | $142,000 | MLS #5449764 |
| Jun 22, 2012 | Listing removed | $144,900 | MidIowaRegional |
| Mar 23, 2012 | Listed | $144,900 | MLS #16038 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $183,330 | $68,820 | $252,150 | $2,354 |
| 2023 | $167,800 | $62,000 | $229,800 | $2,186 |
| 2022 | $139,170 | $49,610 | $188,780 | $2,070 |
| 2021 | $131,290 | $46,800 | $178,090 | $1,834 |
| 2020 | $116,020 | $39,000 | $155,020 | $1,798 |
| 2019 | $116,020 | $39,000 | $155,020 | $1,588 |
| 2018 | $102,930 | $30,000 | $132,930 | $1,566 |
| 2017 | $102,930 | $30,000 | $132,930 | $1,622 |
| 2016 | $102,930 | $30,000 | $132,930 | $1,626 |
| 2015 | $102,930 | $30,000 | $132,930 | $1,416 |
| 2014 | $95,000 | $25,500 | $120,500 | $1,284 |
| 2013 | $95,000 | $25,500 | $120,500 | $1,170 |
| 2012 | $86,260 | $25,500 | $111,760 | $1,180 |
| 2011 | $86,260 | $25,500 | $111,760 | $1,120 |
| 2009 | $86,260 | $20,340 | $106,600 | $978 |
| 2004 | $75,670 | $17,840 | $93,510 | $350 |
Property facts
Year built
1964
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
864 sqft
Lot size
386,377 sqft
ZIP code
50242
City
Searsboro
Street
40th St
Coordinates
41.55476, -92.69332
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,296
Gross rental yield
6.22%
Implied cap rate
4.04%
Trend-extrapolated value
—
Frequently asked questions
When did 5081 40th St last sell?
5081 40th St most recently sold on Mar 18, 2022 for $250,000.
What is the current tax assessment for 5081 40th St?
The most recent total assessment for 5081 40th St (year 2025) is $252,150 with $2,354 in property tax.
How does 5081 40th St's assessment compare to its last sale price?
The current assessment is 0.9% above the last sale price of $250,000.
When was 5081 40th St built?
5081 40th St was built in 1964.
How does 5081 40th St compare to others on 40th St?
We track 3 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 5081 40th St?
5081 40th St is a 3 bed, 2 bath, 864 sqft, 386,377 sqft lot single_family.
Is 5081 40th St a flip candidate?
No — 5081 40th St does not appear in our flips dataset.
Is 5081 40th St a tax-appeal candidate?
No — 5081 40th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+15.7%
Implied 1-yr
+63.0%
2023 Q3
$600K
2023 Q4
$600K
ZIP 50242 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th St