For sale

Price cut: $5K (8/18)

$195,000

206 S 1st St, Panora, IA 50216

2beds

1,252sqft

$1,434/mo

Get pre-qualified

Single Family Residence

Built in 1900

0.28 Acres Lot

$193,400 Zestimate^®

$156/sqft

$-- HOA

What's special

Various new windows

Welcome to small town Panora, IA! This home in the heart of town has a lot to offer. In 2024, new LVP flooring in the main living space, kitchen, upstairs bedrooms and loft, as well as a beautiful and open, fully remodeled kitchen with new appliances. Various new windows. In 2025, a bathroom remodel featuring all new drywall, paint, vanity, toilet and flooring. Brand new gutters and downspouts on the home and garage, as well as all new plywood walls in the large 3 car garage, giving it a fresh look. In 2026, a brand new 6 foot wooden privacy fence and a large fire pit with light poles - perfect for hosting! This home still has old charm, but with modern updates throughout. Enjoy a short walk to the center of town where you will find coffee shops, boutiques, restaurants and a library. Just a short drive away is beautiful Lake Panorama, the grocery store, lumber store, a Casey's and so much more.

30 days

793

28

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Heating

Forced Air, Gas, Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
Laundry: Main Level

Features

Dining Area, Window Treatments
Basement: Crawl Space

Interior area

Total structure area: 1,252
Total interior livable area: 1,252 sqft

Property

Parking

Total spaces: 3
Parking features: Detached, Garage, Three Car Garage
Garage spaces: 3

Features

Levels: Two
Stories: 2
Patio & porch: Open, Patio
Exterior features: Fire Pit, Patio
Fencing: Wood

Lot

Size: 0.28 Acres
Dimensions: 78.38 x 157

Details

Parcel number: 0001297500
Zoning: Resid

Construction

Type & style

Home type: SingleFamily
Architectural style: Two Story
Property subtype: Single Family Residence

Materials

Foundation: Block
Roof: Asphalt,Shingle

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Fire Alarm, Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Panora

Financial & listing details

Price per square foot: $156/sqft
Tax assessed value: $108,600
Annual tax amount: $1,152
Date on market: 7/20/2026
Cumulative days on market: 31 days
Listing terms: Cash,Conventional,FHA
Road surface type: Asphalt

Estimated market value

$193,400

$184,000 - $203,000

$1,127/mo

Price history

Date	Event	Price
8/18/2026	Price change	$195,000-2.5%$156/sqft
Source: Iowa Realty #745540 Report a problem
8/7/2026	Price change	$200,000-7%$160/sqft
Source: DMMLS #745540 Report a problem
8/3/2026	Price change	$215,000-4.4%$172/sqft
Source: DMMLS #745540 Report a problem
7/20/2026	Listed for sale	$225,000+40.6%$180/sqft
Source: DMMLS #745540 Report a problem
1/30/2025	Sold	$160,000-5.8%$128/sqft
Source: DMMLS #707634 Report a problem
12/23/2024	Pending sale	$169,900$136/sqft
Source: DMMLS #707634 Report a problem
11/13/2024	Listed for sale	$169,900+385.4%$136/sqft
Source: DMMLS #707634 Report a problem
1/3/2008	Sold	$35,000$28/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,120 -2.8%	$108,600 +74%
2024	$1,152 -1.5%	$62,400
2023	$1,170 +1.7%	$62,400 +19.8%
2022	$1,150 +16.2%	$52,100
2021	$990 +2.9%	$52,100 +22.9%
2020	$962 -1.5%	$42,400
2019	$977 -9.5%	$42,400
2018	$1,079 +14.8%	$42,400 -10.7%
2017	$940 -9.3%	$47,500
2016	$1,036	$47,500 +6.4%
2015	$1,036 +8.8%	$44,650
2014	$952 -0.4%	$44,650
2013	$956	--