Opportunity is knocking in the heart of Shell Rock! This 1,506 finished square foot home offers a solid layout with a large main-floor bedroom, two bathrooms on the main, and convenient main-floor laundry. Two additional upstairs bedrooms provide extra space and flexibility. This home does require remodeling and is being sold AS-IS, but big-ticket updates have already begun — including carpet removal and a new electrical panel installed in July 2024. With vinyl siding, a double stall garage, and a nice-sized yard, the exterior of the home is packed with potential and waiting for the right buyer to transform it. Whether you're an investor looking for your next flip or a buyer ready to build sweat equity, this property offers serious potential in a great small-town setting.
Pending
$124,500
315 W Prospect St, Shell Rock, IA 50670
3beds
1,506sqft
Single Family Residence
Built in 1895
8,668 Square Feet Lot
$124,900 Zestimate®
$83/sqft
$-- HOA
What's special
Large main-floor bedroomConvenient main-floor laundryNice-sized yardVinyl sidingDouble stall garageTwo additional upstairs bedrooms
- 37 days |
- 30 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kristina Smith 319-215-5312,
RE/MAX Concepts - Waverly
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20261909
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- 1/2 bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: 1st Floor
Features
- Basement: Stone/Rock
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,506 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Detached Garage
- Carport spaces: 2
Lot
- Size: 8,668 Square Feet
- Dimensions: 62 x 140
Details
- Parcel number: 1211132005
- Zoning: R1-SF
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Shell Rock
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $159,740
- Annual tax amount: $2,476
- Date on market: 5/6/2026
- Cumulative days on market: 38 days
- Road surface type: Concrete
Estimated market value
$124,900
$119,000 - $131,000
$1,019/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Pending sale | $124,500$83/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20261909 Report a problem | ||
| 5/6/2026 | Listed for sale | $124,500$83/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261909 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,476 +2% | $159,740 +7.2% |
| 2024 | $2,428 +9.5% | $148,970 |
| 2023 | $2,218 +5.2% | $148,970 +23.1% |
| 2022 | $2,108 +6% | $121,050 |
| 2021 | $1,988 -1.4% | $121,050 +10.3% |
| 2020 | $2,016 +8.2% | $109,770 |
| 2019 | $1,864 +2% | $109,770 +8.4% |
| 2018 | $1,828 | $101,310 |
| 2017 | $1,828 -2.2% | $101,310 +5.1% |
| 2016 | $1,870 -1.7% | $96,390 |
| 2015 | $1,902 +0.6% | $96,390 |
| 2014 | $1,890 +73.7% | $96,390 |
| 2008 | $1,088 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 50670
Nearby schools
GreatSchools rating
- 9/10Shell Rock Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 6/10Waverly-Shell Rock Middle SchoolGrades: 5-8Distance: 4.8 mi
- 8/10Waverly-Shell Rock Senior High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: Waverly/Shell Rock
- Middle: Waverly/Shell Rock
- High: Waverly/Shell Rock
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Iowa
- Butler County
- Shell Rock
- 50670
- 315 W Prospect St
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