NOT LISTED FOR SALE

1305 1st St Palo, IA 52324

Estimated Value: $286,000 - $342,544

3 Beds
2 Baths
1,552 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $305,000 $197 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,173/month

119 Days on Market

Highlights

  • Living Room with Fireplace
  • Screened Porch
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Gazebo
  • 3-minute walk to Zeller Memorial Park

About This Home

As of March 2022

Huge Insulated Utility Shop with commercial potential!!! Looking for that perfect shop for your car collection, boat, RV, work space, as well as a place to entertain? Look no further! This Palo ranch is conveniently located out of the flood zone on a large corner double lot off Blairsferry Rd on 1st St. You will be in awe of the 40 X 48 insulated pole shop w/ a large loft area great for additional storage, with double front and rear garage doors, and an adjoining 25 X 13 sqft shop and covered awning that is next to the additional garden shed and back entry to the house breezeway that also leads the attached 3 car garage w/ an additional side parking pad. You will enjoy this step free ranch home that has been completely updated and added on to. With 3 beds, 2 baths, hard surface flooring, updated windows, new roof, updated cherry kitchen w/ soft close drawers, SS gas range with a double oven, formal dining, spacious living room that leads to the adjoining screen porch that overlooks the large beautiful perennial gardens. This property has been well taken care of and has tons of potential! Call for your personal showing! 319-573-9030

Last Agent to Sell the Property

Bonnie Tiernan

Realty87 Listed on: 10/21/2021

Realty87

Co-Listed By

Nonmember NONMEMBER

NONMEMBER

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,868

Year Built

  • Built in 1951

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 176x160
  • Garden

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,552 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Double Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Patio
  • Gazebo
  • Shed
  • Outbuilding

Schools

  • Viola Gibson Elementary School
  • Harding Middle School
  • Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 122040401500000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,868

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1552
  • Owner Name L F Mi: Allpress
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Year Built: 1951
  • Tax Year Report: 2021
  • Directions: Blairsferry Rd to Palo 4 way stop turn left to property
  • L O1 Dues Paid: y
  • Amenities: Street Lights
  • Basement Remarks: Partial, Unfinished
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available, Pull Down Attic Stairs
  • Kitchen Breakfast R: None
  • Lot Description R: .5-1 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional, Contract
  • Stories Style R: 1 Story
  • Remarks2: Huge Insulated Utility Shop with commercial potential!!! Looking for that perfect shop for your car collection, boat, RV, work space, as well as a place to entertain? Look no further! This Palo ranch is conveniently located out of the flood zone on a large corner double lot off Blairsferry Rd on 1st St. You will be in awe of the 40 X 48 insulated pole shop w/ a large loft area great for additional storage, with double front and rear garage doors, and an adjoining 25 X 13 sqft shop and covered awning that is next to the additional garden shed and back entry to the house breezeway that also leads the attached 3 car garage w/ an additional side parking pad. You will enjoy this step free ranch home that has been completely updated and added on to. With 3 beds, 2 baths, hard surface flooring, updated windows, new roof, updated cherry kitchen w/ soft close drawers, SS gas range with a double oven, formal dining, spacious living room that leads to the adjoining screen porch that overlooks the large beautiful perennial gardens. This property has been well taken care of and has tons of potential! Call for your personal showing! 319-573-9030
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Double Oven, Microwave, Range/Oven, Dryer, Washer
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1552
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Garden Area, Gazebo, Outbuildings, Patio, Screen Porch, Shed, Other

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy
  • High School: Kennedy
  • Jr Middle School: Harding
  • Elementary School: Viola Gibson

Lot Info

  • Acreage: 0.64
  • Geo Subdivision: IA
  • Lot Dimensions: 176x160

Tax Info

  • Gross Tax County City: 4733
  • Assessor Parcel Number: 122040401500000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Feb 27, 2022
Sold by
Allpress John D and Allpress Karen L
Bought by
Lezek Mark B and Lezek Tammy I
Seller's Agent
Bonnie Tiernan
Realty87
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$399,000
Sold Price
$305,000
Premium/Discount to List
-$94,000
-23.56%
Current Estimated Value
$322,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,793
Avg. Annual Appreciation
0.91%
Original Mortgage
$195,000
Outstanding Balance
$183,387
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$131,298

Purchase Details

Closed on
Dec 15, 2011
Sold by
Minor Alberta and Minor George Albert
Bought by
Allpress John D and Allpress Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lezek Mark B $305,000 None Listed On Document
Allpress John D $109,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lezek Mark B $195,000
Previous Owner Allpress John $152,000
Previous Owner Allpress John $100,000
Previous Owner Allpress John D $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $305,000 -14.1% $197 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
12/29/2021 12/29/21 Price Changed $355,000 -8.7% $229 / Sq Ft
11/29/2021 11/29/21 Price Changed $389,000 -2.5% $251 / Sq Ft
10/21/2021 10/21/21 For Sale $399,000 -- $257 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,868 $330,600 $40,800 $289,800
2022 $5,004 $254,500 $40,800 $213,700
2021 $4,842 $254,500 $40,800 $213,700
2020 $4,842 $236,900 $40,800 $196,100
2019 $4,176 $215,400 $40,800 $174,600
2018 $4,084 $215,400 $40,800 $174,600
2017 $4,084 $209,700 $40,800 $168,900
2016 $4,125 $208,100 $40,800 $167,300
2015 $4,175 $208,100 $40,800 $167,300
2014 $4,000 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202105718

Iowa City Area Association of REALTORS®

APN: 12204-04015-00000