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122 3rd St

Sheffield, IA 50475

2 bd 2 ba 1,026 sqft Built 1969 Lot 16,553 sqft single_family
Most recent sale
$95,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2026 Listed $119,900 MasonCity
Jun 10, 2022 Sold $95,000 MLS #6166093
Mar 19, 2022 Listed $85,000 MLS #6166093
Oct 25, 2019 Sold $67,000 Public Record
Feb 20, 2007 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $75,400 $16,700 $92,100 $1,482
2023 $68,000 $16,700 $84,700 $1,538
2022 $61,600 $16,700 $78,300 $1,152
2021 $48,100 $16,700 $64,800 $1,130
2020 $46,000 $16,700 $62,700 $1,248
2019 $48,000 $14,900 $62,900 $1,174
2018 $47,300 $14,900 $62,200 $1,132
2017 $47,300 $14,900 $62,200 $1,148
2016 $52,100 $9,900 $62,000 $1,156
2015 $52,100 $9,900 $62,000 $1,162
2014 $51,000 $9,900 $60,900 $1,136
2013 $51,000 $9,900 $60,900 $1,006
2009 $51,100 $8,700 $59,800 $958
2008 $59,900 $918

Property facts

Year built
1969
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,026 sqft
Lot size
16,553 sqft
ZIP code
50475
City
Sheffield
Street
3rd St
Coordinates
42.89261, -93.21571

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
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 122 3rd St last sell?
122 3rd St most recently sold on Jun 10, 2022 for $95,000.
What is the current tax assessment for 122 3rd St?
The most recent total assessment for 122 3rd St (year 2025) is $92,100 with $1,482 in property tax.
How does 122 3rd St's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $95,000.
When was 122 3rd St built?
122 3rd St was built in 1969.
How does 122 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 122 3rd St?
122 3rd St is a 2 bed, 2 bath, 1,026 sqft, 16,553 sqft lot single_family.
Is 122 3rd St a flip candidate?
No — 122 3rd St does not appear in our flips dataset.
Is 122 3rd St a tax-appeal candidate?
No — 122 3rd 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
+2.8%
Implied 1-yr
+11.1%
2026 Q1
$220.2K
2026 Q2
$225.4K
ZIP 50475 — Median Price History + Forecast

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