$119,000
PENDING $6K PRICE DROP

505 E 2nd St Peterson, IA 51047

Estimated payment $694/month

Total Views 6,075
4 Beds
2 Baths
1,851 Sq Ft
$64 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Patio
  • Porch
  • Covered Deck
  • Living Room

About This Home

Here is a wonderful four bedroom, two-story home located in Peterson. Enjoy breathtaking views of the Little Sioux Valley from your wrap around front porch. The home has an extra lot on the side yard giving the new owners plenty of space for activities. It has a two care attached garage and a backyard patio. The master bedroom is located on the first floor and has a walk in closet and a large master bath. Off the kitchen is a main floor laundry/mudroom. Upstairs are the other 3 bedrooms and a second full bathroom. This is an estate sale and the family is in the process of removing personal items. They are including all the appliances with the sale and are allowing the new buyers to select any of the personal property items remaining including: beds, dressers, tables, etc. Come check out life in the Valley today.

Listing Agent

Bob Donahoo

Gustafson Realty License #S61984 Listed on: 05/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,851 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Bathrooms

Outdoor Features

  • Covered Deck
  • Patio
  • Porch

Schools

  • Sioux Central Elementary And Middle School
  • Sioux Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 9438-33-257-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$540

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 2 Story
  • Legal Description: The West Half of Lots 8, 9, and 10, Block 3, Kirchners 3rd Addition to the Town of Peterson, Clay County, Iowa.
  • Year Built: 1900
  • School Middle Junior: Sioux Central
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Included: Appliances are included and the family is willing to leave some of the personal property items if the buyer wants.
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement: Unfinished
  • Main Level Rooms: Dining, Full Bath, Kitchen, Laundry, Living, Master
  • Second Level Rooms: Bedroom, Full Bath
  • Total Sq Ft: 1851
  • Main Level Sq Ft: 1179
  • Sq Ft Above Grade: 1851
  • Sq Ft Below Grade Total: 672
  • Sq Ft Below Grade Unfinis: 672
  • Price Per Sq Ft: 64.29

Exterior Features

  • Exterior: Wood Lap
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 2
  • Sq Ft Garage: 552

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Softener: Included
  • Water Type: City

Association/Amenities

  • Amenities: Main Floor Laundry, Master Bath, Master Wi Closet, Patio, Porch, Covered Deck - Wood

Schools

  • Elementary School: Sioux Central
  • Middle School: Sioux Central
  • High School: Sioux Central

Lot Info

  • Acres: 0.26
  • Parcel Number: 9438-33-257-004
  • Zoning: Res

Tax Info

  • Year: 2025
  • Gross Taxes: 540

MLS Schools

  • School Elementary: Sioux Central
  • School High: Sioux Central

Map

Range of Values:

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Average Value
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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

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 $540 $54,630 $6,120 $48,510
2023 $620 $54,630 $6,120 $48,510
2022 $578 $49,040 $6,120 $42,920
2021 $592 $45,730 $6,120 $39,610
2020 $592 $44,820 $3,830 $40,990
2019 $554 $40,510 $0 $0
2018 $576 $40,510 $0 $0
2017 $576 $40,160 $0 $0
2016 $578 $40,160 $0 $0
2015 $572 $39,360 $0 $0
2014 $572 $39,360 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Pending -- -- --
07/07/2025 07/07/25 Price Changed $119,000 -4.8% $64 / Sq Ft
05/14/2025 05/14/25 For Sale $125,000 -- $68 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $9,680 Unknown
Source: Public Records

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 828688

Northwest Iowa Regional Board of REALTORS®

APN: 9438-33-257-004