For sale

Price cut: $3.5K (7/9)

$113,500

124 7th Ave SE, Oelwein, IA 50662

2beds

960sqft

$860/mo

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Single Family Residence

Built in 1951

6,969 Square Feet Lot

$110,500 Zestimate^®

$118/sqft

$-- HOA

What's special

Inviting 2-bedroom, 1-bath home that is move-in ready and ready for its next owner! This super clean home features updated flooring, a new A/C unit, and a well-maintained interior that offers both comfort and convenience. Located near the hospital and schools, this home is ideal for first-time buyers, downsizers, or anyone looking for a low-maintenance property in a great location. Don’t miss your chance to make this one yours!

60 days

245

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Other

Level: Upper

Other

Level: Main

Other

Level: Lower

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Free-Standing Range, Refrigerator, Washer

Features

Basement: Block,Concrete
Has fireplace: No
Fireplace features: None

Interior area

Total interior livable area: 960 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: 1 Stall, Attached Garage
Has attached garage: Yes
Carport spaces: 1

Features

Patio & porch: Deck

Lot

Size: 6,969 Square Feet
Dimensions: 50x140

Details

Parcel number: 1821434015
Zoning: R-1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Aluminum Siding
Roof: Asphalt

Condition

Year built: 1951

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Oelwein

Financial & listing details

Price per square foot: $118/sqft
Tax assessed value: $96,650
Annual tax amount: $1,644
Date on market: 5/28/2026
Cumulative days on market: 61 days
Road surface type: Concrete

Estimated market value

$110,500

$105,000 - $116,000

$856/mo

Price history

Date	Event	Price
7/9/2026	Price change	$113,500-3%$118/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262324 Report a problem
6/30/2026	Listed for sale	$117,000$122/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262324 Report a problem
6/25/2026	Pending sale	$117,000$122/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262324 Report a problem
5/28/2026	Price change	$117,000-2.5%$122/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262324 Report a problem
3/11/2026	Listed for sale	$120,000+33.3%$125/sqft
Source: Owner Report a problem
2/15/2022	Sold	$90,000+1.1%$94/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20215748 Report a problem
1/17/2022	Pending sale	$89,000$93/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20215748 Report a problem
12/13/2021	Listed for sale	$89,000+9.2%$93/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20215748 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
8/22/2017	Listing removed	$81,500$85/sqft
Source: Owner Report a problem
6/11/2017	Listed for sale	$81,500+171.7%$85/sqft
Source: Owner Report a problem
7/23/2012	Sold	$30,000$31/sqft
Source: Public Record Report a problem
6/16/2012	Listed for sale	$30,000$31/sqft
Source: Cornerstone Realtors #21782 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,446 +2.4%	$96,650 +13.7%
2024	$1,412 +10.8%	$84,970
2023	$1,274 +18.4%	$84,970 +42.5%
2022	$1,076 +6.7%	$59,620
2021	$1,008 +2%	$59,620 +9.9%
2020	$988 +12%	$54,270
2019	$882 +4.5%	$54,270 +11.9%
2018	$844 -1.6%	$48,500 +5.7%
2017	$858 +4.6%	$45,880
2016	$820	$45,880
2015	$820 +2%	--
2014	$804	--
2013	$804 -6.7%	--
2012	$862 +2.4%	--
2011	$842 +5.3%	--
2010	$800 +9.3%	--
2009	$732 +5.8%	--
2008	$692 +6.5%	--
2007	$650 -6.3%	--
2005	$694	--

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.

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: 50662

Getting around

63 / 100

Somewhat Walkable

55 / 100

Bikeable

Nearby schools

GreatSchools rating

NA
Little Husky Learning Center
Grades: PK-KDistance: 0.3 mi
2/10
Oelwein Middle School
Grades: 5-8Distance: 0.4 mi
4/10
Oelwein High School
Grades: 9-12Distance: 0.3 mi

Schools provided by the listing agent

Elementary: Oelwein
Middle: Oelwein
High: Oelwein

Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.