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Sold for $194,000
  • $194,000

    305 Main St, Palo, IA 52324

    3beds
    1,152sqft
    Single Family Residence
    Built in 1961
    0.39 Acres Lot
    $194,100 Zestimate®
    $168/sqft
    $1,420 Estimated rent

    Home value

    $194,100

    $184,000 - $204,000

    $1,420/mo

    Zestimate® history
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    What's special

    Formal dining roomBack deck and patio
    Some of us love that small town life. And it doesn't get much more small town than buying a home on Main St., Palo! Although the address is Main St., if you come look, stand outside for awhile. It's pretty quiet, pretty peaceful. This home is sold on double lot, almost 4/10 of an acre, and 240 feet deep. Home has a bit more space than many ranches of it's era, with 1150 square feet on the main, and a dry basement with some potential if someone was so inclined. Another nice touch, laundry is on the main floor, although there are still hookups downstairs if you want the space. Roof is five years old and furnace is eight years old. Formal dining room, if you are looking for that sort of space. The numbers would likely work to make this a successful investment property, but if you see yourself hanging out on the back deck and patio, grilling burgers, and getting to know your neighbors, this might be your spot!

    Zillow last checked:

    Listing updated:

    Listed by:

    Randy Richter 319-310-1430,

    RUHL & RUHL REALTORS®

    Bought with:

    Kim Schillig

    LEPIC-KROEGER, REALTORS

    Source: CRAAR, CDRMLS,MLS#: 2603744MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Laundry
    Other
    • Level: First
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned, Washer
    • Laundry: Main Level
    Features
    • Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Main Level Primary
    • Basement: Full
    Interior area
    • Total interior livable area: 1,152 sqft
    • Finished area above ground: 1,152
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage
    • Attached garage spaces: 1
    Features
    • Stories: 1
    • Patio & porch: Deck
    Lot
    • Size: 0.39 Acres
    • Dimensions: 70 x 240
    Details
    • Parcel number: 122910800200000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Palo

    Financial & listing details

    • Price per square foot: $168/sqft
    • Tax assessed value: $147,300
    • Annual tax amount: $2,395
    • Date on market: 5/29/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/24/2026Sold$194,000+1%$168/sqft
    Source: CRAAR, CDRMLS #2603744 Report a problem
    6/2/2026Pending sale$192,000$167/sqft
    Source: CRAAR, CDRMLS #2603744 Report a problem
    5/29/2026Listed for sale$192,000+48.8%$167/sqft
    Source: CRAAR, CDRMLS #2603744 Report a problem
    10/23/2020Sold$129,000$112/sqft
    Source: CRAAR, CDRMLS #2006538 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,240 +1.3%$147,300 -6.2%
    2024$2,212 -5.7%$157,100
    2023$2,346 -1.3%$157,100 +20.9%
    2022$2,378 +6.8%$129,900
    2021$2,226 +2.1%$129,900 +7.1%
    2020$2,180 +4.3%$121,300
    2019$2,090 +9%$121,300 +13.6%
    2018$1,918 +2.5%$106,800 +5.4%
    2017$1,872 +1.7%$101,300
    2016$1,840 +4.1%$101,300
    2015$1,768 -1.3%$101,300
    2014$1,792 +2.5%$101,300
    2013$1,748 +34%$101,300 +20.9%
    2012$1,304 $83,773
    2011-- $83,773
    2010$1,214 $83,773 -14.2%
    2008-- $97,670
    2007-- $97,670 +5%
    2005-- $93,019 +5%
    2004-- $88,589 +2.4%
    2003-- $86,503 +8.6%
    2002-- $79,619
    2001-- $79,619 +7%
    2000-- $74,411
    Find assessor info on the county website

    Neighborhood: 52324

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Viola Gibson
    • Middle: Harding
    • High: Kennedy

    Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $194,100
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    $197,982