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.
Sold for $100,000 on 02/03/25
Street View
$100,000
2015 Covington Rd, Palo, IA 52324
1beds
843sqft
Single Family Residence, Residential
Built in 1900
1.08 Acres Lot
$101,300 Zestimate®
$119/sqft
$853 Estimated rent
Home value
$101,300
$94,000 - $109,000
$853/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 03, 2025 at 06:02pm
Listed by:
Nonmember NONMEMBER,
NONMEMBER
Bought with:
Lepic-Kroeger, REALTORS
Source: Iowa City Area AOR,MLS#: 202500861
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Appliances
- Included: None
Features
- Other, Breakfast Bar
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 843
- Total interior livable area: 843 sqft
- Finished area above ground: 843
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.08 Acres
- Features: Level, Wooded
Details
- Parcel number: 1310451002
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Frame
- Foundation: Slab
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
Community & neighborhood
Community
- Community features: None
Location
- Region: Palo
- Subdivision: Unknown
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2025 | Sold | $100,000-13%$119/sqft |
Source:  Iowa City Area AOR #202500861 Report a problem | ||
| 1/10/2025 | Pending sale | $115,000$136/sqft |
Source:  CRAAR, CDRMLS #2500084 Report a problem | ||
| 1/7/2025 | Listed for sale | $115,000+117%$136/sqft |
Source: CRAAR, CDRMLS #2500084 Report a problem | ||
| 7/13/2023 | Sold | $53,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,530 -0.4% | $132,700 |
| 2023 | $1,536 +1.3% | $132,700 +21.2% |
| 2022 | $1,516 +12.3% | $109,500 |
Find assessor info on the county website
Neighborhood: 52324
Nearby schools
GreatSchools rating
- 8/10Jackson Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 6/10Taft Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10John F Kennedy High SchoolGrades: 9-12Distance: 4.4 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$101,300
2% more+ $2,026
With Zillow Showcase(estimated)
$103,326