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506 5th St

Traer, IA 50675

3 bd 3 ba 1,884 sqft Built 1950 Lot 7,187 sqft single_family
Most recent sale
$140,000
Apr 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 9, 2024 Sold $140,000 NorthEastIARegional
Feb 1, 2024 Listed $149,000 NorthEastIARegional
Dec 2, 2020 Sold $92,500 Public Record
Nov 14, 2020 Listing removed NorthEastIARegional
Nov 13, 2020 Sold $92,500 MidIowaRegional
Sep 30, 2020 Relisted $89,500 NorthEastIARegional
Sep 29, 2020 Listing removed $89,500 NorthEastIARegional
Sep 25, 2020 Listed $89,500 NorthEastIARegional

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $134,220 $11,040 $145,260 $2,666
2024 $126,570 $11,040 $137,610 $2,526
2023 $126,570 $11,040 $137,610 $2,432
2022 $111,180 $11,040 $122,220 $2,220

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,884 sqft
Lot size
7,187 sqft
ZIP code
50675
City
Traer
Street
5th St
Coordinates
42.19013, -92.46693

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 5th St last sell?
506 5th St most recently sold on Apr 9, 2024 for $140,000.
What is the current tax assessment for 506 5th St?
The most recent total assessment for 506 5th St (year 2025) is $145,260 with $2,666 in property tax.
How does 506 5th St's assessment compare to its last sale price?
The current assessment is 3.8% above the last sale price of $140,000.
When was 506 5th St built?
506 5th St was built in 1950.
How does 506 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 506 5th St?
506 5th St is a 3 bed, 3 bath, 1,884 sqft, 7,187 sqft lot single_family.
Is 506 5th St a flip candidate?
No — 506 5th St does not appear in our flips dataset.
Is 506 5th St a tax-appeal candidate?
No — 506 5th 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
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$174.3K
2026 Q4
$175.8K
ZIP 50675 — Median Price History + Forecast

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