507 Terrence St
Storm Lake, IA 50588
4 bd 3 ba 2,070 sqft Built 1950 Lot 7,890 sqft single_family
Most recent sale
$160,000
Sep 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 19, 2022 | Sold | $160,000 | Public Record |
| Jul 18, 2022 | Listed | $165,000 | MLS #818057 |
| Apr 4, 2018 | Sold | $143,100 | Public Record |
| Mar 21, 2018 | Relisted | $146,900 | MLS #44019825 |
| Feb 27, 2018 | Listed | $146,900 | MLS #44019825 |
| Jan 12, 2018 | Sold | $60,000 | Public Record |
| Mar 10, 2010 | Listed | $89,900 | MLS #14773 |
| Jul 3, 2008 | Listed | $115,000 | MLS #13098 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $187,070 | $15,000 | $202,070 | $3,992 |
| 2024 | $187,070 | $15,000 | $202,070 | $3,656 |
| 2023 | $176,480 | $15,000 | $191,480 | $3,080 |
| 2022 | $131,880 | $15,000 | $146,880 | $2,986 |
| 2021 | $131,880 | $15,000 | $146,880 | $2,786 |
| 2020 | $116,140 | $15,000 | $131,140 | $2,732 |
| 2019 | $116,140 | $15,000 | $131,140 | $2,752 |
| 2018 | $122,650 | $12,480 | $135,130 | $2,138 |
| 2017 | $94,590 | $12,480 | $107,070 | $2,138 |
| 2016 | $91,830 | $12,480 | $104,310 | $2,092 |
| 2015 | $91,830 | $12,480 | $104,310 | $1,966 |
| 2014 | $88,300 | $12,000 | $100,300 | $1,872 |
| 2013 | $88,300 | $12,000 | $100,300 | $1,856 |
| 2012 | $88,300 | $12,000 | $100,300 | $1,818 |
| 2010 | $88,300 | $12,000 | $100,300 | $1,822 |
| 2009 | $88,300 | $12,000 | $100,300 | $1,834 |
| 2008 | $94,880 | $11,930 | $106,810 | $1,750 |
| 2004 | $80,410 | $10,110 | $90,520 | $1,580 |
Property facts
Year built
1950
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,070 sqft
Lot size
7,890 sqft
ZIP code
50588
City
Storm Lake
Street
Terrence St
Coordinates
42.64324, -95.21332
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Terrence St last sell?
507 Terrence St most recently sold on Sep 19, 2022 for $160,000.
What is the current tax assessment for 507 Terrence St?
The most recent total assessment for 507 Terrence St (year 2025) is $202,070 with $3,992 in property tax.
How does 507 Terrence St's assessment compare to its last sale price?
The current assessment is 26.3% above the last sale price of $160,000.
When was 507 Terrence St built?
507 Terrence St was built in 1950.
How does 507 Terrence St compare to others on Terrence St?
We track 8 other properties on Terrence St. Browse the list under "Other properties on Terrence St" to compare beds, baths, and sale history.
What are the property facts for 507 Terrence St?
507 Terrence St is a 4 bed, 3 bath, 2,070 sqft, 7,890 sqft lot single_family.
Is 507 Terrence St a flip candidate?
Yes — 507 Terrence St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Terrence St a tax-appeal candidate?
Yes — 507 Terrence 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
-3.2%
Implied 1-yr
-12.9%
2026 Q1
$166.8K
2026 Q2
$160K
ZIP 50588 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrence St