$194,000
$6K PRICE DROP

1507 5th Ave Marion, IA 52302

Estimated payment $1,278/month

Total Views 3,279
2 Beds
-- Bath
1,350 Sq Ft
$144 Price per Sq Ft

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook
  • Marion High School Rated A-
  • Bonus Room
  • Living Room

About This Home

Location, garage space, and major updates — this Marion property delivers serious value! Just blocks south of downtown Marion, this 2-bedroom, 1-bath home offers quick access to shopping, restaurants, parks, and everyday conveniences. The updated kitchen features new cabinetry, butcher block countertops, and a bright sunroom with access to the deck — ideal for relaxing or entertaining. Inside, you’ll also find an updated bathroom, newer windows, and a finished attic space perfect for a home office, hobby room, or flex space. Big-ticket exterior improvements include new siding, metal roof, gutters, and front storm door (2025). A standout feature is the incredible garage and workshop setup: 2-car attached garage plus two detached garages, including a heated workshop with wood burner, 220 AMP service, new metal siding, and new roof. Additional storage shed included. Property sold AS-IS.

Listing Agent

Grace McCarty

Watts Group Realty Listed on: 05/12/2026

Co-Listing Agent

Allison Mackin

Watts Group Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 58.50x161.00x58.50x189.00

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,350 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Shed
  • Outbuilding

Schools

  • Parkview Elementary School
  • Vernon Middle School
  • Marion High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15062-79004-00000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1350
  • Homebuilder: unknown
  • Owner Name L F Mi: Estate of Homer Basil Oxley
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Home is being sold AS IS. Seller will not make an repairs. Please give 48 hour response time on offers.
  • Year Built: 1900
  • Directions: From 6th Ave, head South on 15th St. Home is on the corner of 5th Ave and 15th St.
  • Amenities: None
  • Basement Remarks: Full, Unfinished
  • Fireplace Type Location: Other, Wood Burning
  • Interior R: Other
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Other
  • Remarks2: Location, garage space, and major updates — this Marion property delivers serious value! Just blocks south of downtown Marion, this 2-bedroom, 1-bath home offers quick access to shopping, restaurants, parks, and everyday conveniences. The updated kitchen features new cabinetry, butcher block countertops, and a bright sunroom with access to the deck — ideal for relaxing or entertaining. Inside, you’ll also find an updated bathroom, newer windows, and a finished attic space perfect for a home office, hobby room, or flex space. Big-ticket exterior improvements include new siding, metal roof, gutters, and front storm door (2025). A standout feature is the incredible garage and workshop setup: 2-car attached garage plus two detached garages, including a heated workshop with wood burner, 220 AMP service, new metal siding, and new roof. Additional storage shed included. Property sold AS-IS.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1350
  • Bedrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Basement
  • Mstr Br Level: Main

Exterior Features

  • Construction: See Remarks
  • ExteriorFeatures: Deck, Outbuildings, Shed

Garage/Parking

  • Parking Spaces: 2 Cars, 4 or More Cars

Utilities

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

Schools

  • High School: Marion
  • Jr Middle School: Vernon
  • Elementary School: Parkview

Lot Info

  • Acreage: 0.23
  • Geo Subdivision: IA
  • Lot Dimensions: 58.50x161.00x58.50x189.00
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 15062-79004-00000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $2,712 $166,600 $17,900 $148,700
2024 $2,654 $162,000 $17,900 $144,100
2023 $2,654 $162,000 $17,900 $144,100
2022 $2,562 $128,100 $17,900 $110,200
2021 $2,356 $128,100 $17,900 $110,200
2020 $2,356 $112,800 $17,900 $94,900
2019 $2,176 $105,100 $17,900 $87,200
2018 $2,124 $105,100 $17,900 $87,200
2017 $2,590 $116,400 $19,500 $96,900
2016 $2,590 $116,400 $19,500 $96,900
2015 $2,579 $116,400 $19,500 $96,900
2014 $2,386 $116,400 $19,500 $96,900
2013 $2,290 $116,400 $19,500 $96,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2026 05/28/26 Price Changed $194,000 -3.0% $144 / Sq Ft
05/12/2026 05/12/26 For Sale $199,900 -- $148 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Source: Iowa City Area Association of REALTORS®

MLS Number: 202603124

Iowa City Area Association of REALTORS®

APN: 15062-79004-00000

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