A hidden gem zoned for both commercial and residential. Come find your new home and workspace under the same roof! On one side, the main bedroom w/ a large walk-in closet, master bathroom, open kitchen, dining room, sprawling living area, family room and office for all your at-home needs. The other half boasts an attached 2-car garage, half bath, and over 2,000 sqft of studio space to realize whatever business model or hobby your heart desires. Enjoy energy efficiency with solar panels installed in 2023. Other highlights include: enormous side-by-side refrigerator/freezer and custom stainless steel fireplace crafted by a local artist. Don’t miss out on the wall of west-facing windows that capture breathtaking sunsets each and every night. The studio has been used for live music performances and includes 12 ft. vaulted ceilings with sound absorbing tiles and 2 antique pot bellied wood stoves for cozy evenings. A winter’s supply of firewood awaits on the back porch. The unfinished basement and attic provide ample storage space. This property also includes a slice of local history. The portico and far side of the studio was once a gas station on the Historic Lincoln Highway.
For sale by owner
$475,000
1560 1st St SW, Mount Vernon, IA 52314
3beds
3,500sqft
Unknown
Built in 1950
-- sqft lot
$332,400 Zestimate®
$136/sqft
$-- HOA
What's special
Back porchOpen kitchenFamily roomDining roomMaster bathroomSound absorbing tiles
What the owner loves about this home
Community Highlights: Mount Vernon is a small, bustling artistic community where something is always going on! That includes the popular Chalk the Walk festival, MV Chili Cook Off, Lincoln Hwy Nitty Gritty Antique show and historic Heritage Days, to name a few. This town has a stellar K-12 public school district. Home to the beautiful Cornell College campus nestled on a hill and topped by King’s Chapel. Main street is lined with brick buildings boasting restaurants, boutiques, wine bars, coffee houses and so much more. Come see why it’s Iowa’s best kept secret.
- 38 days |
- 281 |
- 4 |
Listed by:
Property Owner (541) 214-9322
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced air, Stove, Gas, Wood / Pellet
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Hardwood, Linoleum / Vinyl
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,500 sqft
Property
Parking
- Parking features: Carport, Garage - Attached
Features
- Exterior features: Other, Vinyl
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.47 Acres
Details
- Parcel number: 170445200100000
Construction
Type & style
- Home type: Unknown
Materials
- Frame
- Foundation: Concrete Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1950
Community & HOA
Location
- Region: Mount Vernon
Financial & listing details
- Price per square foot: $136/sqft
- Tax assessed value: $336,300
- Annual tax amount: $4,580
- Date on market: 5/30/2026
Estimated market value
$332,400
$293,000 - $372,000
$2,139/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $475,000-13.6%$136/sqft |
Source: Owner Report a problem | ||
| 6/2/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/30/2026 | Listed for sale | $550,000+324.7%$157/sqft |
Source: Owner Report a problem | ||
| 1/24/2007 | Sold | $129,500$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,580 -0.2% | $336,300 +18.8% |
| 2024 | $4,588 +11.7% | $283,000 |
| 2023 | $4,108 +2.4% | $283,000 +36% |
| 2022 | $4,012 -0.6% | $208,100 |
| 2021 | $4,036 +2.3% | $208,100 +6% |
| 2020 | $3,944 -4.7% | $196,400 |
| 2019 | $4,138 +4.8% | $196,400 +3% |
| 2018 | $3,950 +2.5% | $190,600 +5.4% |
| 2017 | $3,854 +2.4% | $180,900 |
| 2016 | $3,762 +2.5% | $180,900 |
| 2015 | $3,670 +0.2% | $180,900 |
| 2014 | $3,664 +3.5% | $180,900 |
| 2013 | $3,540 +104.4% | $180,900 +81.2% |
| 2012 | $1,732 | $99,837 |
| 2011 | -- | $99,837 |
| 2010 | $1,742 | $99,837 |
| 2008 | -- | $99,837 |
| 2007 | -- | $99,837 +5% |
| 2005 | -- | $95,083 +5% |
| 2004 | -- | $90,555 |
| 2003 | -- | $90,555 +5% |
| 2002 | -- | $86,243 +2.3% |
| 2001 | -- | $84,343 +7% |
| 2000 | -- | $78,825 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 52314
Nearby schools
GreatSchools rating
- 10/10Mount Vernon Middle SchoolGrades: 5-8Distance: 1.4 mi
- 6/10Mount Vernon High SchoolGrades: 9-12Distance: 1.3 mi
- 7/10Washington Elementary SchoolGrades: PK-4Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Linn County
- Mount Vernon
- 52314
- 1560 1st St SW
Nearby cities
Nearby zip codes
Other Mount Vernon Topics
