Available with seller financing (contract for deed) with just $5,000 down, offering a flexible path to homeownership. Charming 2 bedroom, 1 bath home with a 1 stall garage, situated on a spacious lot in a welcoming small-town setting. This home features beautiful hardwood floors, a full basement offering plenty of storage or potential additional living space, and a large yard perfect for relaxing, gardening, or entertaining. Enjoy the peace and simplicity of small-town living.
For sale
$39,900
203 1st St NE, Rake, IA 50465
2beds
1baths
760sqft
Est.:
Single Family Residence
Built in 1952
6,600 Square Feet Lot
$-- Zestimate®
$53/sqft
$-- HOA
What's special
Beautiful hardwood floorsSpacious lot
- 44 days |
- 265 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
KRYSTLE HESSE 641-430-7654,
Realty One Group Welcome Home
Source: Greater Mason BOR,MLS#: 260201
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Bedroom 1
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedroom 2
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Level: Main
- Area: 168
- Dimensions: 12 x 14
Living room
- Level: Main
- Area: 192
- Dimensions: 12 x 16
Heating
- Forced Air, Natural Gas, Propane-Owned
Cooling
- None
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,520
- Total interior livable area: 760 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Concrete, Gravel
- Garage spaces: 1
Lot
- Size: 6,600 Square Feet
- Dimensions: 50 x 132
Details
- Parcel number: 0116227003
- Zoning description: RG/GENERAL RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
Condition
- Year built: 1952
Community & HOA
Community
- Subdivision: IA
Location
- Region: Rake
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $27,030
- Annual tax amount: $484
- Date on market: 4/6/2026
Krystle Hesse
(641) 430-7654
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Estimated market value
Not available
Estimated sales range
Not available
$861/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Listed for sale | $39,900+94.6%$53/sqft |
Source:  Greater Mason BOR #260201 Report a problem | ||
| 3/20/2026 | Sold | $20,500-14.2%$27/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6334423 Report a problem | ||
| 2/2/2026 | Pending sale | $23,900$31/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6334423 Report a problem | ||
| 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
| 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 |
| 2021 | $160 -47.7% | $18,860 +5% |
| 2020 | $306 -0.6% | $17,960 |
| 2019 | $308 +14.9% | $17,960 +5% |
| 2018 | $268 -11.3% | $17,110 +6.5% |
| 2017 | $302 +13.5% | $16,070 |
| 2016 | $266 +11.8% | $16,070 +5% |
| 2015 | $238 +6.3% | $15,310 |
| 2014 | $224 +1.4% | $15,310 |
| 2013 | $221 -5.6% | -- |
| 2012 | $234 +0.9% | -- |
| 2010 | $232 -4.9% | -- |
| 2009 | $244 -1.6% | -- |
| 2008 | $248 +7.8% | -- |
| 2007 | $230 +3.6% | -- |
| 2005 | $222 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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
- Iowa
- Winnebago County
- Rake
- 50465
- 203 1st St NE
Nearby cities
Nearby zip codes
Other Rake Topics
