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1406 Lochedem Dr

Storm Lake, IA 50588

3 bd 2 ba 1,892 sqft Built 1950 Lot 7,405 sqft single_family
Most recent sale
$147,900
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $147,900 MLS #817386
Nov 26, 2014 Sold $102,000 Public Record
Aug 11, 2014 Listed $102,900 MLS #17256

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $159,410 $13,890 $173,300 $3,212
2024 $159,410 $13,890 $173,300 $2,936
2023 $150,390 $13,890 $164,280 $2,602
2022 $111,590 $13,890 $125,480 $2,522
2021 $111,590 $13,890 $125,480 $2,362
2020 $98,540 $13,890 $112,430 $2,314
2019 $98,540 $13,890 $112,430 $1,944
2018 $84,970 $13,000 $97,970 $1,940
2017 $84,970 $13,000 $97,970 $1,940
2016 $82,490 $13,000 $95,490 $1,898
2015 $82,490 $13,000 $95,490 $1,712
2014 $79,320 $12,500 $91,820 $1,628
2013 $79,320 $12,500 $91,820 $1,612
2012 $79,320 $12,500 $91,820 $1,580
2010 $79,320 $12,500 $91,820 $1,582
2009 $79,320 $12,500 $91,820 $1,418
2008 $75,540 $12,890 $88,430 $1,350
2004 $64,020 $10,930 $74,950 $1,208

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,892 sqft
Lot size
7,405 sqft
ZIP code
50588
City
Storm Lake
Street
Lochedem Dr
Coordinates
42.64609, -95.21941

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$887
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1406 Lochedem Dr last sell?
1406 Lochedem Dr most recently sold on Jul 8, 2022 for $147,900.
What is the current tax assessment for 1406 Lochedem Dr?
The most recent total assessment for 1406 Lochedem Dr (year 2025) is $173,300 with $3,212 in property tax.
How does 1406 Lochedem Dr's assessment compare to its last sale price?
The current assessment is 17.2% above the last sale price of $147,900.
When was 1406 Lochedem Dr built?
1406 Lochedem Dr was built in 1950.
How does 1406 Lochedem Dr compare to others on Lochedem Dr?
We track 8 other properties on Lochedem Dr. Browse the list under "Other properties on Lochedem Dr" to compare beds, baths, and sale history.
What are the property facts for 1406 Lochedem Dr?
1406 Lochedem Dr is a 3 bed, 2 bath, 1,892 sqft, 7,405 sqft lot single_family.
Is 1406 Lochedem Dr a flip candidate?
No — 1406 Lochedem Dr does not appear in our flips dataset.
Is 1406 Lochedem Dr a tax-appeal candidate?
Yes — 1406 Lochedem Dr 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
-3.2%
Implied 1-yr
-12.9%
2026 Q1
$166.8K
2026 Q2
$160K
ZIP 50588 — Median Price History + Forecast

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