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1228 Lyon Ave

Waterloo, IA 50702

3 bd 2 ba 1,536 sqft Built 1957 Lot 6,970 sqft single_family
Most recent sale
$154,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $154,000 Public Record
Aug 18, 2022 Price changed $154,900 MLS #20223720
Aug 4, 2022 Listed $159,900 MLS #20223720
Sep 16, 2015 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $108,650 $17,670 $126,320 $2,320
2024 $108,650 $17,670 $126,320 $2,342
2023 $99,540 $17,670 $117,210 $2,100
2022 $77,960 $17,670 $95,630 $1,272
2021 $16,740 $17,670 $34,410 $674
2020 $15,860 $13,890 $29,750 $1,798
2019 $64,290 $13,890 $78,180 $1,738
2018 $64,290 $13,890 $78,180 $1,548
2017 $64,290 $13,890 $78,180 $1,600
2016 $64,290 $13,890 $78,180 $1,490
2015 $60,470 $13,890 $74,360 $1,440
2014 $57,110 $13,890 $71,000 $1,398
2013 $57,110 $13,890 $71,000 $1,470
2012 $63,830 $13,890 $77,720 $1,482
2011 $63,830 $13,890 $77,720 $1,581
2010 $65,500 $10,810 $76,310 $1,531
2008 $65,500 $10,810 $76,310 $1,457

Property facts

Year built
1957
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,536 sqft
Lot size
6,970 sqft
ZIP code
50702
City
Waterloo
Street
Lyon Ave
Coordinates
42.47572, -92.33661

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
$924
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1228 Lyon Ave last sell?
1228 Lyon Ave most recently sold on Oct 3, 2022 for $154,000.
What is the current tax assessment for 1228 Lyon Ave?
The most recent total assessment for 1228 Lyon Ave (year 2025) is $126,320 with $2,320 in property tax.
How does 1228 Lyon Ave's assessment compare to its last sale price?
The current assessment is 18.0% below the last sale price of $154,000.
When was 1228 Lyon Ave built?
1228 Lyon Ave was built in 1957.
How does 1228 Lyon Ave compare to others on Lyon Ave?
We track 8 other properties on Lyon Ave. Browse the list under "Other properties on Lyon Ave" to compare beds, baths, and sale history.
What are the property facts for 1228 Lyon Ave?
1228 Lyon Ave is a 3 bed, 2 bath, 1,536 sqft, 6,970 sqft lot single_family.
Is 1228 Lyon Ave a flip candidate?
No — 1228 Lyon Ave does not appear in our flips dataset.
Is 1228 Lyon Ave a tax-appeal candidate?
No — 1228 Lyon Ave 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
+0.4%
Implied 1-yr
+1.4%
2026 Q3
$154.1K
2026 Q4
$154.6K
ZIP 50702 — Median Price History + Forecast

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