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516 8th Ave

Spencer, IA 51301

3 bd 1 ba 984 sqft Built 1948 Lot 6,098 sqft single_family
Most recent sale
$115,000
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $115,000 Public Record
Apr 26, 2022 Listed $115,000 MLS #220174
Oct 19, 2021 Price changed $111,000 MLS #210712
Sep 14, 2021 Price changed $115,000 MLS #210712
Aug 30, 2021 Price changed $119,000 MLS #210712
Jul 14, 2021 Listed $120,000 MLS #210712
Jun 29, 2018 Sold $85,000 Public Record
Jun 28, 2018 Listing removed $85,500 IowaGreatLakes
Mar 15, 2018 Listed $85,500 MLS #18-301
May 21, 2012 Listing removed $81,000 Spencer
May 12, 2012 Sold $80,000 Public Record
Apr 2, 2012 Price changed $81,000 MLS #11291
Jan 27, 2012 Listed $83,000 MLS #11291
Apr 11, 2006 Sold $75,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $104,390 $17,500 $121,890 $1,780
2023 $97,630 $13,500 $111,130 $1,556
2022 $74,790 $13,500 $88,290 $1,332
2021 $69,990 $13,500 $83,490 $1,404
2020 $71,640 $11,500 $83,140 $1,388
2019 $71,640 $11,500 $83,140 $1,350
2018 $72,160 $10,000 $82,160 $1,326
2017 $72,160 $10,000 $82,160 $1,464
2016 $69,420 $10,000 $79,420 $1,326
2015 $69,420 $10,000 $79,420 $1,328
2014 $71,010 $8,500 $79,510 $1,284
2012 $70,190 $8,500 $78,690 $1,214
2011 $70,190 $8,500 $78,690 $1,126
2008 $64,000 $8,500 $72,500 $956

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
984 sqft
Lot size
6,098 sqft
ZIP code
51301
City
Spencer
Street
8th Ave
Coordinates
43.14364, -95.15558

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
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 8th Ave last sell?
516 8th Ave most recently sold on Jun 6, 2022 for $115,000.
What is the current tax assessment for 516 8th Ave?
The most recent total assessment for 516 8th Ave (year 2025) is $121,890 with $1,780 in property tax.
How does 516 8th Ave's assessment compare to its last sale price?
The current assessment is 6.0% above the last sale price of $115,000.
When was 516 8th Ave built?
516 8th Ave was built in 1948.
How does 516 8th Ave compare to others on 8th Ave?
We track 8 other properties on 8th Ave. Browse the list under "Other properties on 8th Ave" to compare beds, baths, and sale history.
What are the property facts for 516 8th Ave?
516 8th Ave is a 3 bed, 1 bath, 984 sqft, 6,098 sqft lot single_family.
Is 516 8th Ave a flip candidate?
No — 516 8th Ave does not appear in our flips dataset.
Is 516 8th Ave a tax-appeal candidate?
No — 516 8th 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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