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306 5th St

Spencer, IA 51301

3 bd 1 ba 1,346 sqft Built 1895 Lot 6,970 sqft single_family
Most recent sale
$72,000
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2022 Sold $72,000 Public Record
Mar 2, 2022 Relisted $70,000 MLS #211115
Oct 16, 2021 Price changed $70,000 MLS #211115
Oct 5, 2021 Listed $74,900 MLS #211115
May 18, 2016 Listing removed $64,000 IowaGreatLakes
Apr 5, 2016 Price changed $67,900 MLS #16-57
Jan 19, 2016 Listed $73,000 MLS #16-57
Oct 12, 2010 Listing removed $59,900 IowaGreatLakes
Sep 13, 2010 Price changed $59,900 MLS #10-947
Aug 24, 2010 Listed $69,900 MLS #10-947
Apr 13, 2010 Listing removed $23,900 Spencer
Mar 18, 2010 Price changed $23,900 MLS #10199
Dec 23, 2009 Relisted $29,900 MLS #10199
Nov 23, 2009 Listing removed $29,900 Spencer
Oct 18, 2009 Price changed $29,900 MLS #10199
Jul 13, 2009 Listing removed $37,000 Spencer
Jun 15, 2009 Price changed $37,000 MLS #031054
May 22, 2009 Listed $39,500 MLS #031054

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $68,460 $17,500 $85,960 $1,092
2023 $64,940 $13,500 $78,440 $1,006
2022 $52,460 $13,500 $65,960 $1,272
2021 $57,700 $13,500 $71,200 $1,380
2020 $61,780 $11,500 $73,280 $1,422
2019 $61,780 $11,500 $73,280 $1,190
2018 $56,410 $8,500 $64,910 $1,172
2017 $56,410 $8,500 $64,910 $1,188
2016 $54,290 $8,500 $62,790 $1,178
2015 $54,290 $8,500 $62,790 $1,118
2014 $52,600 $7,000 $59,600 $1,084
2012 $53,770 $7,000 $60,770 $1,036
2011 $53,770 $7,000 $60,770 $578
2008 $39,300 $7,000 $46,300 $506

Property facts

Year built
1895
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,346 sqft
Lot size
6,970 sqft
ZIP code
51301
City
Spencer
Street
5th St
Coordinates
43.14192, -95.14932

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
$432
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 306 5th St last sell?
306 5th St most recently sold on Apr 21, 2022 for $72,000.
What is the current tax assessment for 306 5th St?
The most recent total assessment for 306 5th St (year 2025) is $85,960 with $1,092 in property tax.
How does 306 5th St's assessment compare to its last sale price?
The current assessment is 19.4% above the last sale price of $72,000.
When was 306 5th St built?
306 5th St was built in 1895.
How does 306 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 306 5th St?
306 5th St is a 3 bed, 1 bath, 1,346 sqft, 6,970 sqft lot single_family.
Is 306 5th St a flip candidate?
No — 306 5th St does not appear in our flips dataset.
Is 306 5th St a tax-appeal candidate?
Yes — 306 5th 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
-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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