Showings to begin Saturday, January 24th starting at Noon. Come check out the incredible views offered by this 1930s 1-1/2 story acreage home located NW of Underwood Iowa. This 3-bedroom, 1 bath home features the original natural finished woodwork, wood floors and character that this style home offers. With a completely new septic system, 2-year-old roof, vinyl siding, and updated mechanicals, this home has all the major components covered and is just waiting for you to add your own personal touch. Acreage also comes with barn, corn crib, concrete upright silo, and detached garage with a well-established timbered lot and windbreak. Come check out the views of your new home and enjoy the peace of country living.
Sold for $300,000
$300,000
23354 Panama Ave, Underwood, IA 51576
3beds
1baths
1,580sqft
Single Family Residence
Built in 1935
2.24 Acres Lot
$304,000 Zestimate®
$190/sqft
$1,755 Estimated rent
Home value
$304,000
$258,000 - $359,000
$1,755/mo
Zestimate® history
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$1,993/mo
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Zillow last checked:
Listing updated:
Listed by:
Byron Menke 712-487-3542,
Menke Auction & Realty,
Julie Eden 402-630-8410,
Menke Auction & Realty
Bought with:
Lyndsay Schaben, S63217000
Better Homes and Gardens Real Estate The Good Life Group
Source: SWIAR,MLS#: 26-114
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Heating
- Natural Gas, Propane
Cooling
- Central Air, Electric
Appliances
- Laundry: Washer Hookup, Dryer Hookup, Electric Dryer Hookup, In Basement
Features
- Eat-in Kitchen, Ceiling Fan(s)
- Flooring: Wood
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,580
- Total interior livable area: 1,580 sqft
- Finished area above ground: 1,580
- Finished area below ground: 0
Property
Lot
- Size: 2.24 Acres
- Dimensions: 2.24
- Features: Wooded
Details
- Additional structures: Outbuilding
- Parcel number: TBD by county after new completed survey
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Propane
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Underwood
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $220,400
- Annual tax amount: $2,640
- Date on market: 1/21/2026
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Sold | $300,000-4.8%$190/sqft |
Source: SWIAR #26-114 Report a problem | ||
| 1/31/2026 | Pending sale | $315,000$199/sqft |
Source:  GPRMLS #22602093 Report a problem | ||
| 1/21/2026 | Listed for sale | $315,000$199/sqft |
Source: SWIAR #26-114 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,640 +4.8% | $220,400 +18.1% |
| 2024 | $2,520 +18.1% | $186,600 |
| 2023 | $2,134 +2% | $186,600 +47.3% |
| 2022 | $2,092 -0.6% | $126,700 |
| 2021 | $2,104 +1.7% | $126,700 |
| 2020 | $2,068 +4.6% | $126,700 |
| 2019 | $1,978 +2.4% | $126,700 -7.7% |
| 2018 | $1,932 -8.4% | $137,283 -12.7% |
| 2017 | $2,110 +3.8% | $157,291 |
| 2015 | $2,032 +0.7% | $157,291 -2% |
| 2014 | $2,018 +15.3% | $160,491 +35.2% |
| 2007 | $1,750 +12.8% | $118,706 +14.3% |
| 2006 | $1,552 +9.1% | $103,819 |
| 2005 | $1,422 | -- |
Find assessor info on the county website
Neighborhood: 51576
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Nearby schools
GreatSchools rating
- 7/10Underwood Elementary SchoolGrades: PK-5Distance: 3.5 mi
- 9/10Underwood Middle SchoolGrades: 6-8Distance: 3.5 mi
- 7/10Underwood High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Underwood
- Middle: Underwood
- High: Underwood
Source: SWIAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$304,000
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$310,080
- Iowa
- Pottawattamie County
- Underwood
- 51576
- 23354 Panama Ave
Nearby cities
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Other Underwood Topics
