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1500 2nd Ave

Spencer, IA 51301

2 bd 1 ba 946 sqft Built 1940 Lot 7,405 sqft single_family
Most recent sale
$83,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $83,000 Public Record
Oct 12, 2021 Price changed $85,500 MLS #210818
Aug 10, 2021 Price changed $91,000 MLS #210818
Aug 4, 2021 Listed $96,000 MLS #210818
Mar 28, 2016 Sold $74,000 Public Record
Feb 4, 2016 Listing removed $71,500 IowaGreatLakes
Jan 14, 2016 Listed $71,500 MLS #16-42
Apr 9, 2012 Listing removed $66,500 Spencer
Apr 3, 2012 Sold $48,750 Public Record
Oct 6, 2011 Price changed $66,500 MLS #11123
Aug 5, 2011 Listed $71,500 MLS #11123

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $72,550 $20,400 $92,950 $1,156
2023 $68,170 $14,280 $82,450 $1,086
2022 $56,190 $14,280 $70,470 $1,214
2021 $53,670 $14,280 $67,950 $1,268
2020 $54,580 $12,750 $67,330 $1,192
2019 $54,580 $12,750 $67,330 $1,226
2018 $56,770 $11,220 $67,990 $1,208
2017 $55,650 $11,220 $66,870 $1,182
2016 $51,280 $11,220 $62,500 $1,172
2015 $51,280 $11,220 $62,500 $1,060
2014 $46,360 $10,200 $56,560 $1,030
2012 $59,180 $10,200 $69,380 $1,114
2011 $62,600 $10,200 $72,800 $1,024
2008 $57,560 $10,200 $67,760 $884

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
946 sqft
Lot size
7,405 sqft
ZIP code
51301
City
Spencer
Street
2nd Ave
Coordinates
43.15293, -95.14229

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$498
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1500 2nd Ave last sell?
1500 2nd Ave most recently sold on Jun 28, 2022 for $83,000.
What is the current tax assessment for 1500 2nd Ave?
The most recent total assessment for 1500 2nd Ave (year 2025) is $92,950 with $1,156 in property tax.
How does 1500 2nd Ave's assessment compare to its last sale price?
The current assessment is 12.0% above the last sale price of $83,000.
When was 1500 2nd Ave built?
1500 2nd Ave was built in 1940.
How does 1500 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 1500 2nd Ave?
1500 2nd Ave is a 2 bed, 1 bath, 946 sqft, 7,405 sqft lot single_family.
Is 1500 2nd Ave a flip candidate?
No — 1500 2nd Ave does not appear in our flips dataset.
Is 1500 2nd Ave a tax-appeal candidate?
No — 1500 2nd Ave 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
-1.1%
Implied 1-yr
-4.4%
2026 Q2
$174.5K
2026 Q3
$172.5K
ZIP 51301 — Median Price History + Forecast

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