$119,900
$5K PRICE DROP

40 5th Ave SE Oelwein, IA 50662

Estimated payment $731/month

Total Views 7,416
3 Beds
1.5 Baths
1,404 Sq Ft
$85 Price per Sq Ft

About This Home

Updated 3 bedroom, 1.5 bath home that is ready for you to move in! Enjoy the bedroom options of a main floor bedroom with a half bath. 2 large bedrooms and full bathroom upstairs. Bonus space that can be used as a home office, nursery or a fantastic walk-in closet! Loaded with storage throughout the property. Oversized 2 stall garage with added on space to store all of your extras. Large landscaped yard with old growth tress. Give yourself a backyard getaway with french doors off the kitchen leading out to a patio area to make your own oasis. Schedule your showing today! Seller is a licensed Real Estate Broker in the state of Iowa.

Listing Agent

Gina Jordan-Burg

Jordan Real Estate, Inc. License #B6198300 Listed on: 04/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 1910

Lot Details

  • 6,760 Sq Ft Lot
  • Lot Dimensions are 52 x 130
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Stone Basement
  • Exterior Basement Entry

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Utilities

  • Window Unit Cooling System
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 1821427008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,001

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 1821427008
  • Year Built: 1910
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Crushed Rock
  • Co List Office Phone: 319-505-3499
  • MLS Status: ACTIVE
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1404
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Entrance-Outside, Stone/Rock
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 413

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Oversized

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Radiant
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Oelwein
  • High School: Oelwein
  • Middle Or Junior School: Oelwein

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 52 x 130
  • Lot Size Sq Ft: 6760
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1001

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2024 $1,022 $52,770 $7,800 $44,970
2023 $932 $52,770 $7,800 $44,970
2022 $926 $43,590 $6,500 $37,090
2021 $926 $43,590 $6,500 $37,090
2020 $908 $41,120 $4,680 $36,440
2019 $756 $34,230 $0 $0
2018 $738 $34,230 $0 $0
2017 $664 $29,390 $0 $0
2016 $648 $29,390 $0 $0
2015 $648 $0 $0 $0
2014 $640 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $119,900 -4.0% $85 / Sq Ft
05/26/2025 05/26/25 For Sale $124,900 0.0% $89 / Sq Ft
04/15/2025 04/15/25 Off Market $124,900 -- --
04/02/2025 04/02/25 For Sale $124,900 +108.2% $89 / Sq Ft
11/08/2023 11/08/23 Sold $60,000 -18.9% $43 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $74,000 -- $53 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 None Listed On Document
Warranty Deed $15,000 None Listed On Document
Trustee Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,000 New Conventional
Source: Public Records

Similar Homes in Oelwein, IA

  • 100 7th Ave SE, Oelwein, IA 50662

    $150,000

    • 5 Beds
    • 1.5 Baths
    • 1,575 Sq Ft
    • 100 7th Ave SE
    • Oelwein, IA

    There's a surprising amount of space in this five bedroom home, featuring a main level bedroom and full bath, with an additional four bedrooms in the upper level addition above the two stall attached garage. The exterior has been beautifully landscaped and perfectly maintained, with a deck off the front of the home and a storage shed just off the garage.

    Erica Bushaw Century 21 Signature Real Estate - Oelwein

    Section Image
  • 300 6th Ave SE, Oelwein, IA 50662

    $109,000

    • 2 Beds
    • 1 Bath
    • 1,286 Sq Ft
    • 300 6th Ave SE
    • Oelwein, IA

    Simple living meets modern living in this ranch style home. This 2 bedroom 1 bathroom home is close proximity to a city park and the Oelwein high school as well as the hospital. You are setup up to last in this home, with a newer roof, a central air unit and furnace that are new in 2022. This home also boasts some newer carpet in the bedrooms and comes partially furnished. Whether you're

    Zachary Wulfekuhle Century 21 Signature Real Estate - Oelwein

    Section Image
  • 100 Hillside Dr W, Oelwein, IA 50662

    $155,000

    • 3 Beds
    • 3 Baths
    • 1,946 Sq Ft
    • 100 Hillside Dr W
    • Oelwein, IA

    A Hillside Drive midcentury modern ranch, this brick home features three main floor bedrooms, two main floor three quarter baths, and a sunroom that opens to the deck that overlooks the backyard. The lower level has a woodburning fireplace in the family room, along with an additional 3/4 bath and shop/storage area. For added storage, the garage has a walk up attic that could be finished for

    Erica Bushaw Century 21 Signature Real Estate - Oelwein

    Section Image
  • 701 5th St SE, Oelwein, IA 50662

    $154,900

    • 3 Beds
    • 1.5 Baths
    • 1,508 Sq Ft
    • 701 5th St SE
    • Oelwein, IA

    Join me for a tour of this beautiful, stylish, elegant, warm and inviting 3 bedroom residence, boasting 2 main level bedrooms and 1 downstairs-basement. A full bath is conveniently located on the main level while the half bath is situated downstairs-basement. Ideally situated in a prime neighborhood, this property occupies a corner lot, offering a walk to the wellness center, high school,

    Noelle Coleman EXIT Realty Unlimited Oelwein

    Section Image
  • 111 1st St NW, Oelwein, IA 50662

    $129,900

    • 3 Beds
    • 2 Baths
    • 1,227 Sq Ft
    • 111 1st St NW
    • Oelwein, IA

    NEW and IMPROVED PRICE!! Don't miss out on this charming 3 bedroom, 2 bathroom residence that boasts an attached 1 stall garage, carport and shed, making this a fetching site. The property's unique aesthetic is sure to impress with various design elements and layout throughout. Notable features include a rustic-retro style kitchen, a whimsical Alice in Wonderland-inspired hobbit door leading to

    Noelle Coleman EXIT Realty Unlimited Oelwein

    Section Image
  • 534 4th Ave SE, Oelwein, IA 50662

    $99,900

    • 3 Beds
    • 1.5 Baths
    • 1,152 Sq Ft
    • 534 4th Ave SE
    • Oelwein, IA

    This well-priced ranch home blends vintage charm with modern comfort. With its generous living space, basement flexibility, and a cozy bathroom retreat, it’s a smart and inviting option. 3-bed, 1-bath ranch-style home gives you everything you are looking for and within walking distance to Dairy Queen, schools, parks, and other amenities. Perfect for buyers wanting a move-in-ready home with

    Gina Jordan-Burg Jordan Real Estate, Inc.

    Section Image
  • 410 N Frederick Ave, Oelwein, IA 50662

    $125,000

    • 4 Beds
    • 2 Baths
    • 1,915 Sq Ft
    • 410 N Frederick Ave
    • Oelwein, IA

    Owner still packing to move, interior pics to come in 2 weeks. Seller Priced it to sell based on 'AS IS', Seller Only Selling 'AS IS'. This 2 story has history, formerly a Clerical Training School in Oelwein 100 yrs ago, large rooms with high ceilings, 'church-like' character, gorgeous open staircase, handicap accessible with ramp from garage into the house, main level 'bonus' room can be

    Lori Beierschmitt Advanced, Realtors LLC

    Section Image
  • 23 4th St NW, Oelwein, IA 50662

    $99,000

    • 4 Beds
    • 1.5 Baths
    • 1,234 Sq Ft
    • 23 4th St NW
    • Oelwein, IA

    This well-maintained 4 bedroom, 1.5 bath home is ready for you! Featuring main-level laundry for added convenience and a fenced-in yard perfect for pets, kids, or entertaining. With plenty of space and thoughtful updates, this home is move-in ready and waiting for its next owner. Don’t miss your chance to own a comfortable and inviting space that feels like home from day one!

    Taylor Swaney Century 21 Signature Real Estate - Oelwein

    Section Image
  • 719 S Frederick Ave, Oelwein, IA 50662

    $99,900

    • 3 Beds
    • 2 Baths
    • 2,816 Sq Ft
    • 719 S Frederick Ave
    • Oelwein, IA

    We invite you to visit an updated 3 bedroom, 1.75 bath, 2 story house in a good location on S. Frederick Ave. The property features an oversized 2 stall detached garage in good condition with convenient alley access. An additional 20' strip of land South of the property is also available for purchase, providing extra yard space. This 2 story home has undergone significant updates including new

    Noelle Coleman EXIT Realty Unlimited Oelwein

    Section Image

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20251360

Northeast Iowa Regional Board of REALTORS®

APN: 18-21-427-008