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Single Family ResidenceResidential
$196,470$132 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $195,000 on May 26, 2026

508 PROSPECT AVE

MALVERN, IA 51551
4
Beds
1
Baths
1,487 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.2 ac
Lot SizeThe size of the land the home sits on, from county records.
1910
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$196K
$184K low$209K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$195,000 · May 26, 2026

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$167,818 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$18,720
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$149,098
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$151,097
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$167,818

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMILLS
Lot (acres)The size of the land the home sits on, from county records.0.20
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 150 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
East Mills Elementary SchoolB-
Elementary · Grades PK–5 · 0.7 mi
M
East Mills Jr/Sr High SchoolB
Middle · Grades 6–12 · 0.7 mi

District: East Mills Community School District

Neighborhood · ZIP 51551These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.109
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.23

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.2,002
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.24 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$90,964
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$119,100
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

508 Prospect Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 73% of homes in Mills County
  • Costs less per square foot than 82% of homes in Mills County
  • Has a smaller lot than 85% of homes in Mills County
  • Older than 81% of homes in Mills County

What homes are worth in Malvern 51551

Each bar is how many homes fall in that price range. The marker is this home.

This home
$76K$689K

This home is worth more than 32% of homes in Malvern 51551.

How it measures up in Malvern 51551

The dot is this home. The mark in the middle is the typical home in Malvern 51551.

Estimated value$196,470
CheaperTypical $244,361Pricier

Pricier than 32% of homes nearby

Price per ft²$132
CheaperTypical $179Pricier

Pricier than 24% of homes nearby

Living area1,487 ft²
SmallerTypical 1,464 ft²Bigger

Bigger than 52% of homes nearby

Lot size0.2 ac
SmallerTypical 0.39 acBigger

Bigger than 20% of homes nearby

Year built1910
OlderTypical 1948Newer

Newer than 34% of homes nearby

How 508 Prospect Ave ranks against every home in each area.
MeasureThis homeMalvern 51551Mills County
Estimated valuepricier than$196,47032% of homes27% of homes
Price per ft²pricier than$13224% of homes18% of homes
Living areabigger than1,487 ft²52% of homes54% of homes
Lot sizebigger than0.2 ac20% of homes15% of homes
Year builtnewer than191034% of homes19% of homes

About 508 Prospect Ave

How much is 508 Prospect Ave, Malvern, IA worth?

The TopHap Estimate for 508 Prospect Ave, Malvern, IA is $196,470 as of Aug 30, 2026. The likely range is $184,324 to $208,616. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 Prospect Ave, Malvern, IA last sell?

508 Prospect Ave, Malvern, IA last sold on May 26, 2026 for $195,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 508 Prospect Ave, Malvern, IA?

508 Prospect Ave, Malvern, IA has 4 bedrooms, 1 bathrooms, 1,487 square feet of living space and a 0.20-acre lot.

When was 508 Prospect Ave, Malvern, IA built?

508 Prospect Ave, Malvern, IA was built in 1910, making it 116 years old. The building has 2 stories.

What schools serve 508 Prospect Ave, Malvern, IA?

508 Prospect Ave, Malvern, IA is assigned to East Mills Elementary School (elementary), rated B-; East Mills Jr/Sr High School (middle), rated B. All sit in East Mills Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 Prospect Ave, Malvern, IA compare to other homes in Malvern 51551?

Among the 840 homes in Malvern 51551, it is worth more than 32% of them ($196,470 against a typical $244,361), its price per square foot is higher than 24% of them ($132 against a typical $179), it is bigger than 52% of them (1,487 ft² against a typical 1,464 ft²), its lot is bigger than 20% of them (0.2 ac against a typical 0.39 ac) and it is newer than 34% of them (1910 against a typical 1948). Measured against all of Mills County, it is worth more than 27% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

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