NOT LISTED FOR SALE

2015 Covington Rd Palo, IA 52324

Estimated Value: $96,000 - $139,000

1 Bed
1 Bath
843 Sq Ft
$134/Sq Ft Est. Value

Last Sold January 29, 2025

Last sale price $100,000 $119 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $757/month

4 Days on Market

About This Home

As of January 2025

This property offers a ton of potential. With the location near downtown and hwy 100, you could easily make this an amazing investment opportunity. Less than 2 year old septic, all double walled tile from the house and ready to hook up to Mid American so no LP. There is much work to do if you prefer to use the existing structure, however, much of this work has been started with newer wiring and some new drywall. Make this whatever you desire. Location is the key factor. This property will be sold AS IS Where IS. No exceptions.

Last Listed By

Jennifer Goerdt

KW Advantage Listed on: 01/06/2025

KW Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1900

Lot Details

  • 1.08

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 843 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Jackson Elementary School
  • Taft Middle School
  • Kennedy High School

Additional Features

  • 1.08 Acre Lot
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13104-51002-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,530

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 1.08
  • Co List Office Phone: 515-334-4900
  • MLS Status: Closed
  • Directions: On Covington Road near Hwy 100
  • Above Grade Finished Sq Ft: 843.0
  • Architectural Style: One and One Half Story
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Jackson
  • High School: Kennedy
  • Middle Or Junior School: Taft

Lot Info

  • Lot Dimensions: Irregular
  • ResoLotSizeUnits: Acres
  • Parcel Number: 13104-51002-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1530.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Jan 29, 2025
Sold by
Mayne Adler
Bought by
Greenlee Brian Jay and Greenlee Leslie Marie
Seller's Agent
Jennifer Goerdt
KW Advantage
Buyer's Agent
Kari Juhl
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%
Total Days on Market
4
Views
2
Current Estimated Value
$112,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,875
Avg. Annual Appreciation
59.33%

Purchase Details

Closed on
Jul 13, 2007
Sold by
Hayes Jenny L
Bought by
Hayes Leonard J

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Greenlee Brian Jay $100,000 None Listed On Document
Mayne Adler $53,000 None Listed On Document
Hayes Leonard J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Sold $100,000 -13.0% $119 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $115,000 -- $136 / Sq Ft
Source: Cedar Rapids 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 $1,536 $132,700 $66,300 $66,400
2022 $1,516 $109,500 $66,300 $43,200
2021 $1,350 $109,500 $66,300 $43,200
2020 $1,350 $90,500 $50,400 $40,100
2019 $1,272 $87,100 $50,400 $36,700
2018 $1,244 $87,100 $50,400 $36,700
2017 $1,274 $85,300 $50,400 $34,900
2016 $1,244 $85,300 $50,400 $34,900
2015 $1,250 $85,300 $50,400 $34,900
2014 $1,250 $85,300 $50,400 $34,900
2013 $1,226 $85,300 $50,400 $34,900
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Goerdt

    Seller's Agent in 2025

    Jennifer Goerdt

    KW Advantage

    (319) 350-1170

    92 Total Sales

    Jennifer Goerdt
    Section Image
  • Kari Juhl

    Buyer's Agent in 2025

    Kari Juhl

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 541-3178

    473 Total Sales

    Kari Juhl
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2500084

Cedar Rapids Area Association of REALTORS®

APN: 13104-51002-00000

Iowa Linn County Palo 52324

2015 Covington Rd, Palo, IA

Homes for Sale in Palo, IA

This home is located at 2015 Covington Rd, Palo, IA 52324 since 06 January 2025 and is currently estimated at $112,875, approximately $133 per square foot. This property was built in 1900. 2015 Covington Rd is a home located in Linn County with nearby schools including Jackson Elementary School, Taft Middle School, and John F. Kennedy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.