1131 7th St
Spencer, IA 51301
3 bd 1 ba 1,602 sqft Built 1960 Lot 8,712 sqft single_family
Most recent sale
$190,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $190,000 | Public Record |
| Mar 4, 2022 | Listed | $180,000 | MLS #220149 |
| Jun 1, 2017 | Sold | $133,000 | Public Record |
| Apr 17, 2017 | Listing removed | $134,000 | IowaGreatLakes |
| Apr 9, 2017 | Listed | $134,000 | MLS #17-418 |
| Jun 15, 2012 | Listing removed | $129,900 | Spencer |
| Jun 13, 2012 | Sold | $125,000 | Public Record |
| Jan 25, 2012 | Listed | $129,900 | MLS #11283 |
| Feb 16, 2007 | Sold | $102,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $201,010 | $24,240 | $225,250 | $3,140 |
| 2023 | $187,020 | $19,390 | $206,410 | $3,080 |
| 2022 | $158,570 | $19,390 | $177,960 | $2,378 |
| 2021 | $122,690 | $19,390 | $142,080 | $2,642 |
| 2020 | $126,540 | $16,970 | $143,510 | $2,488 |
| 2019 | $126,540 | $16,970 | $143,510 | $2,194 |
| 2018 | $107,370 | $15,150 | $122,520 | $2,158 |
| 2017 | $107,370 | $15,150 | $122,520 | $2,150 |
| 2016 | $99,910 | $15,150 | $115,060 | $1,994 |
| 2015 | $99,910 | $15,150 | $115,060 | $2,060 |
| 2014 | $98,230 | $13,330 | $111,560 | $1,868 |
| 2012 | $92,530 | $13,330 | $105,860 | $1,616 |
| 2011 | $88,930 | $13,330 | $102,260 | $1,668 |
| 2008 | $85,030 | $13,330 | $98,360 | $1,338 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,602 sqft
Lot size
8,712 sqft
ZIP code
51301
City
Spencer
Street
7th St
Coordinates
43.14507, -95.16195
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,140
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 1131 7th St last sell?
1131 7th St most recently sold on May 31, 2022 for $190,000.
What is the current tax assessment for 1131 7th St?
The most recent total assessment for 1131 7th St (year 2025) is $225,250 with $3,140 in property tax.
How does 1131 7th St's assessment compare to its last sale price?
The current assessment is 18.6% above the last sale price of $190,000.
When was 1131 7th St built?
1131 7th St was built in 1960.
How does 1131 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 1131 7th St?
1131 7th St is a 3 bed, 1 bath, 1,602 sqft, 8,712 sqft lot single_family.
Is 1131 7th St a flip candidate?
No — 1131 7th St does not appear in our flips dataset.
Is 1131 7th St a tax-appeal candidate?
Yes — 1131 7th 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 valuationQuarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q2
$174.5K
2026 Q3
$172.5K
ZIP 51301 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 7th St