409 Lortscher St
What Cheer, IA 50268
4 bd 1 ba 1,140 sqft Built 1880 Lot 14,375 sqft single_family
Most recent sale
$9,000
Apr 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 8, 2022 | Sold | $9,000 | MLS #6120341 |
| Oct 26, 2021 | Listed | $30,000 | MLS #6120341 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $39,470 | $9,890 | $49,360 | $638 |
| 2024 | $39,470 | $9,890 | $49,360 | $512 |
| 2023 | $27,850 | $5,820 | $33,670 | $388 |
| 2022 | $15,790 | $5,820 | $21,610 | $434 |
| 2021 | $15,790 | $5,820 | $21,610 | $238 |
| 2020 | $14,980 | $4,660 | $19,640 | $224 |
| 2019 | $14,980 | $4,660 | $19,640 | $268 |
| 2018 | $16,380 | $4,660 | $21,040 | $258 |
| 2017 | $16,380 | $4,660 | $21,040 | $276 |
| 2016 | $16,380 | $4,660 | $21,040 | $268 |
| 2014 | $16,380 | $4,660 | $21,040 | $454 |
| 2013 | $16,380 | $4,660 | $21,040 | $366 |
| 2012 | $16,380 | $3,700 | $20,080 | $38 |
| 2011 | $7,870 | $3,700 | $11,570 | $110 |
| 2007 | $13,910 | $870 | $14,780 | $46 |
Property facts
Year built
1880
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,140 sqft
Lot size
14,375 sqft
ZIP code
50268
City
What Cheer
Street
Lortscher St
Coordinates
41.40367, -92.35900
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
$54
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 409 Lortscher St last sell?
409 Lortscher St most recently sold on Apr 8, 2022 for $9,000.
What is the current tax assessment for 409 Lortscher St?
The most recent total assessment for 409 Lortscher St (year 2025) is $49,360 with $638 in property tax.
How does 409 Lortscher St's assessment compare to its last sale price?
The current assessment is 448.4% above the last sale price of $9,000.
When was 409 Lortscher St built?
409 Lortscher St was built in 1880.
How does 409 Lortscher St compare to others on Lortscher St?
We track 6 other properties on Lortscher St. Browse the list under "Other properties on Lortscher St" to compare beds, baths, and sale history.
What are the property facts for 409 Lortscher St?
409 Lortscher St is a 4 bed, 1 bath, 1,140 sqft, 14,375 sqft lot single_family.
Is 409 Lortscher St a flip candidate?
No — 409 Lortscher St does not appear in our flips dataset.
Is 409 Lortscher St a tax-appeal candidate?
Yes — 409 Lortscher 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
+33.2%
Implied 1-yr
+132.9%
2024 Q3
$397.6K
2024 Q4
$397.6K
ZIP 50268 — Median Price History + Forecast
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Geography
Other properties on Lortscher St