For sale

$199,900

1588 231st St, Letts, IA 52754

2beds

1,380sqft

$1,433/mo

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Single Family Residence, Residential

Built in 1975

17.63 Acres Lot

$375,000 Zestimate^®

$145/sqft

$-- HOA

What's special

Several outbuildings and sheds

2-bedroom, 2-bath home situated on approximately 17.63 acres near Letts. Built in 1975, the home offers approximately 1,399 square feet of above-grade living space, several outbuildings and sheds. Property is being sold AS-IS. Square footage is approximate. Buyer to verify square footage.

2 days

341

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Propane, Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Range Or Oven, Refrigerator
Laundry: In Basement

Features

Breakfast Area, Kitchen Island
Flooring: Wood, Tile
Windows: Skylight(s)
Basement: Block,Full,Walk-Out Access
Number of fireplaces: 1
Fireplace features: Living Room, Wood Burning Stove

Interior area

Total structure area: 1,380
Total interior livable area: 1,380 sqft
Finished area above ground: 1,380
Finished area below ground: 0

Property

Parking

Parking features: None

Features

Levels: One
Stories: 1
Patio & porch: Front Porch, Screened
Fencing: Fenced

Lot

Size: 17.63 Acres
Features: Over Five Acres, Wooded

Details

Additional structures: Barn(s), Outbuilding
Parcel number: 1101400014
Zoning: Residential
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Vinyl, Block, Frame

Condition

Year built: 1975

Utilities & green energy

Sewer: Septic Tank
Water: Private

Community & HOA

Community

Features: None
Subdivision: N/A

Location

Region: Letts

Financial & listing details

Price per square foot: $145/sqft
Tax assessed value: $262,120
Annual tax amount: $2,648
Date on market: 8/13/2026
Listing terms: Cash,Conventional

Estimated market value

$375,000

$289,000 - $461,000

$1,426/mo

Price history

Date	Event	Price
8/13/2026	Listed for sale	$199,900$145/sqft
Source: Iowa City Area AOR #202604987 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,648 +15.9%	$262,120 -1.9%
2024	$2,284 -20.1%	$267,310 +13.8%
2023	$2,858 +12.1%	$234,864 -3.1%
2022	$2,550 -2.6%	$242,260 +13.5%
2021	$2,618 -2.6%	$213,360 +2.2%
2020	$2,687 -7.6%	$208,860
2019	$2,908 -1.9%	$208,860 -1.6%
2018	$2,963 +12.5%	$212,300
2017	$2,634 -8.5%	$212,300
2016	$2,880 +12.1%	$212,300 +9.5%
2015	$2,570 +8.9%	$193,890
2014	$2,360 +2.5%	$193,890
2013	$2,302 -1.4%	--
2012	$2,334 -4.7%	--
2011	$2,450 -1.7%	--
2010	$2,492 +6.4%	--
2009	$2,342 +0.9%	--
2008	$2,320 +15.7%	--
2007	$2,006	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 52754

Getting around

0 / 100

Car-Dependent

18 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Louisa-Muscatine Elementary School
Grades: PK-6Distance: 8 mi
5/10
Louisa-Muscatine High School
Grades: 7-12Distance: 7.9 mi

Schools provided by the listing agent

Elementary: LouisaMucatine
Middle: LouisaMuscatine
High: LouisaMuscatine

Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.