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503 8th St

Spencer, IA 51301

3 bd 2 ba 1,568 sqft Built 2000 Lot 17,860 sqft single_family
Most recent sale
$175,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 28, 2023 Sold $189,500 Public Record
Jul 20, 2023 Listed $193,700 IowaGreatLakes
Jul 15, 2022 Sold $175,000 Public Record
Jun 9, 2022 Listed $179,900 MLS #220599

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $151,120 $48,730 $199,850 $2,990
2023 $157,990 $38,990 $196,980 $3,062
2022 $134,810 $38,990 $173,800 $2,792
2021 $126,230 $38,990 $165,220 $2,976
2020 $132,480 $34,110 $166,590 $2,794
2019 $132,480 $34,110 $166,590 $2,666
2018 $123,400 $30,460 $153,860 $2,622
2017 $123,400 $30,460 $153,860 $2,532
2016 $111,850 $30,460 $142,310 $2,506
2015 $111,850 $30,460 $142,310 $2,286

Property facts

Year built
2000
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,568 sqft
Lot size
17,860 sqft
ZIP code
51301
City
Spencer
Street
8th St
Coordinates
43.13069, -95.13724

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
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 8th St last sell?
503 8th St most recently sold on Jul 15, 2022 for $175,000.
What is the current tax assessment for 503 8th St?
The most recent total assessment for 503 8th St (year 2025) is $199,850 with $2,990 in property tax.
How does 503 8th St's assessment compare to its last sale price?
The current assessment is 14.2% above the last sale price of $175,000.
When was 503 8th St built?
503 8th St was built in 2000.
How does 503 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 503 8th St?
503 8th St is a 3 bed, 2 bath, 1,568 sqft, 17,860 sqft lot single_family.
Is 503 8th St a flip candidate?
No — 503 8th St does not appear in our flips dataset.
Is 503 8th St a tax-appeal candidate?
No — 503 8th 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
-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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