251 3rd St
Underwood, IA 51576
2 bd 1 ba 651 sqft Built 1890 Lot 3,485 sqft single_family
Most recent sale
$65,000
Feb 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 13, 2023 | Sold | $70,000 | Public Record |
| Jun 13, 2023 | Listed | $75,000 | SouthwestIowa |
| Apr 12, 2023 | Listed | $75,000 | SouthwestIowa |
| Jan 8, 2023 | Listed | $75,000 | SouthwestIowa |
| Oct 11, 2022 | Price changed | $75,000 | MLS #22-1479 |
| Aug 11, 2022 | Listed | $79,900 | MLS #22-1479 |
| Feb 8, 2022 | Sold | $65,000 | Public Record |
| Feb 7, 2022 | Sold | $65,000 | GreatPlainsRegional |
| Nov 29, 2021 | Listed | $70,000 | MLS #22127998 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $79,000 | $9,200 | $88,200 | $1,280 |
| 2024 | $79,000 | $9,200 | $88,200 | $1,232 |
| 2023 | $64,900 | $8,000 | $72,900 | $1,036 |
| 2022 | $43,700 | $8,000 | $51,700 | $846 |
| 2021 | $43,700 | $8,000 | $51,700 | $784 |
| 2020 | $39,800 | $6,600 | $46,400 | $770 |
| 2019 | $39,800 | $6,600 | $46,400 | $628 |
| 2018 | $34,092 | $4,108 | $38,200 | $610 |
| 2017 | $34,092 | $4,108 | $38,200 | $624 |
| 2016 | $34,092 | $4,108 | $38,200 | $348 |
| 2015 | $21,692 | $4,108 | $25,800 | $348 |
| 2014 | $21,692 | $4,108 | $25,800 | $248 |
| 2013 | $16,887 | $4,108 | $20,995 | $232 |
| 2012 | $16,887 | $4,108 | $20,995 | $270 |
| 2010 | $16,887 | $4,108 | $20,995 | $282 |
| 2009 | $10,377 | $4,324 | $14,701 | $80 |
| 2007 | $10,377 | $4,324 | $14,701 | $248 |
Property facts
Year built
1890
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
651 sqft
Lot size
3,485 sqft
ZIP code
51576
City
Underwood
Street
3rd St
Coordinates
41.38682, -95.67771
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 251 3rd St last sell?
251 3rd St most recently sold on Feb 8, 2022 for $65,000.
What is the current tax assessment for 251 3rd St?
The most recent total assessment for 251 3rd St (year 2025) is $88,200 with $1,280 in property tax.
How does 251 3rd St's assessment compare to its last sale price?
The current assessment is 35.7% above the last sale price of $65,000.
When was 251 3rd St built?
251 3rd St was built in 1890.
How does 251 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 251 3rd St?
251 3rd St is a 2 bed, 1 bath, 651 sqft, 3,485 sqft lot single_family.
Is 251 3rd St a flip candidate?
No — 251 3rd St does not appear in our flips dataset.
Is 251 3rd St a tax-appeal candidate?
Yes — 251 3rd 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
-0.5%
Implied 1-yr
-1.8%
2025 Q3
$259K
2025 Q4
$257.8K
ZIP 51576 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd St