707 Driftwood St Correctionville, IA 51016
Estimated payment $1,207/month
Highlights
- Multiple Garages
- Ranch Style House
- 4 Car Garage
- Deck
- Workshop
- Eat-In Kitchen
About This Home
Situated right on the main drag of Correctionville, this one-owner property offers exceptional potential with two versatile parcels. The primary residence is a well-maintained 3-bedroom, 2-bath ranch home featuring two family rooms and two full kitchens—perfect for multi-generational living, entertaining, or rental possibilities. The home is energy-efficient with in-ceiling radiant heat on the main floor (each room has its own zone control) and baseboard heat in the basement. It also includes a newer hybrid water heater with both geothermal and electric capabilities for added efficiency. Adjacent to the home, you’ll find a spacious 1,600 sq ft shop with endless potential—whether you’re looking to start a business, need a fully equipped hobby/workshop space, or want ample storage for boats, campers, bikes, and more. This building has a history of varied use, including a meat processing plant, cold milk storage, an upholstery shop, and a general workshop. It includes a half bath (currently winterized), a natural gas furnace (requires a propane tank to be reconnected), and a wood-burning stove. Parcel # for the shop is 894234451006. Electric meter is shared between properties; there is also an auxillary well located between the properties that is functional, although both parcels run off city water. Gross taxes reflect both parcels. Property did not get water in the basement with the 2024 flood. Inspections are welcome, but properties will be sold AS-IS.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,807
Year Built
- Built in 1967
Lot Details
- 0.6 Acre Lot
- Landscaped with Trees
Parking
- 4 Car Garage
- Multiple Garages
- Tuck Under Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Shingle Roof
Interior Spaces
- Wood Burning Fireplace
- Living Room
- Dining Room
- Workshop
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Kitchen in Basement
- Laundry in Basement
Outdoor Features
- Deck
- Storage Shed
Schools
- River Valley Elementary And Middle School
- River Valley High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Radiant Heating System
- Well
- Water Softener is Owned
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 894234451007
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,072 | $129,070 | $6,690 | $122,380 |
| 2023 | $1,816 | $129,070 | $6,690 | $122,380 |
| 2022 | $1,768 | $98,240 | $6,690 | $91,550 |
| 2021 | $1,768 | $98,240 | $6,690 | $91,550 |
| 2020 | $1,886 | $100,970 | $7,160 | $93,810 |
| 2019 | $1,794 | $100,970 | $7,160 | $93,810 |
| 2018 | $1,770 | $91,880 | $7,160 | $84,720 |
| 2017 | $1,770 | $91,880 | $7,160 | $84,720 |
| 2016 | $1,770 | $91,880 | $0 | $0 |
| 2015 | $1,692 | $85,870 | $6,690 | $79,180 |
| 2014 | $1,663 | $85,870 | $6,690 | $79,180 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2025 08/10/25 | Pending | -- | -- | -- |
| 07/31/2025 07/31/25 | For Sale | $180,000 | -- | $72 / Sq Ft |
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 829653
APN: 894234451007
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