A 2 bedroom bungalow ready for a make-over. Detached 1 car garage and full basement. A great house to build equity. Located in the quaint community of Rake, Iowa.
Active
$23,900
203 1st St NE, Rake, IA 50465
2beds
760sqft
Est.:
Single Family Residence
Built in 1952
6,534 Square Feet Lot
$-- Zestimate®
$31/sqft
$-- HOA
What's special
Full basement
- 8 days |
- 232 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: December 22, 2025 at 05:01pm
Listed by:
Matt Wolff 641-357-7990,
Lake-Iowa Realty
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6334423
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 2
- Level: Main
Other
- Level: Main
Other
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- None
Features
- Flooring: Hardwood
- Basement: Full,Unfinished
- Has fireplace: No
- Common walls with other units/homes: 0
Interior area
- Total interior livable area: 760 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Lot
- Size: 6,534 Square Feet
- Dimensions: 50 x 132
Details
- Parcel number: 0116227003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Year built: 1952
Utilities & green energy
- Sewer: Other
- Water: Public
Community & HOA
Community
- Subdivision: RAKE 1ST ADD
HOA
- Has HOA: No
- HOA name: NCIR
Location
- Region: Rake
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $30,630
- Annual tax amount: $484
- Date on market: 12/21/2025
- Cumulative days on market: 9 days
- Inclusions: Property is sold strictly 'AS IS'.
Matt Wolff
(641) 357-7990
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Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/21/2025 | Listed for sale | $23,900+3174%$31/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6334423 Report a problem | ||
| 5/8/2024 | Sold | $730-95.1%$1/sqft |
Source: Public Record Report a problem | ||
| 12/3/2014 | Sold | $15,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $298 +62% | $30,630 +1.7% |
| 2023 | $184 +13.6% | $30,120 +59.7% |
| 2022 | $162 +1.3% | $18,860 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$128/mo
Principal & interest
$93
Property taxes
$27
Home insurance
$8
Climate risks
Neighborhood: 50465
Nearby schools
GreatSchools rating
- 5/10North Iowa Elementary Buffalo CenterGrades: PK-5Distance: 6.8 mi
- 7/10North Iowa Middle SchoolGrades: 6-8Distance: 6.8 mi
- 6/10North Iowa High SchoolGrades: 9-12Distance: 6.8 mi
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