For sale

Price cut: $10K (9/15)

$185,000

401 5th Ave, Slater, IA 50244

2beds

968sqft

$1,457/mo

Get pre-qualified

Single Family Residence

Built in 1900

0.33 Acres Lot

$180,800 Zestimate^®

$191/sqft

$-- HOA

What's special

Large lotNewer appliances

ONE OF THE BEST VALUES IN SLATER—AND UNDER $200K! Located right in the heart of town, this 2-bedroom, 1-bath home offers an incredible combination of updates, space, and affordability. The open floor plan feels bright and welcoming, while newer appliances, windows, roof, gutters and siding mean many of the big-ticket updates are already done. And don’t overlook the large lot—there’s plenty of room to build that oversized dream garage or shop! Move-in ready, packed with potential, and priced to stand out, this is a rare opportunity at this price point in Slater!

39 days
1,114
81

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, Refrigerator, Stove, Washer

Features

Basement: Unfinished

Interior area

Total structure area: 968
Total interior livable area: 968 sqft

Property

Parking

Total spaces: 1
Parking features: Detached, Garage, One Car Garage
Garage spaces: 1

Features

Stories: 1

Lot

Size: 0.33 Acres

Details

Parcel number: 1330484410
Zoning: r

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Foundation: Stone
Roof: Asphalt,Shingle

Condition

Resale
New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Slater

Financial & listing details

Price per square foot: $191/sqft
Tax assessed value: $190,300
Annual tax amount: $3,084
Date on market: 8/29/2026
Cumulative days on market: 39 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Asphalt

Estimated market value

$180,800

$172,000 - $190,000

$1,068/mo

Price history

Date	Event	Price
9/15/2026	Price change	$185,000-5.1%$191/sqft
Source: DMMLS #748263 Report a problem
8/29/2026	Listed for sale	$195,000+224.7%$201/sqft
Source: DMMLS #748263 Report a problem
5/27/2014	Sold	$60,051+25.1%$62/sqft
Source: DMMLS #433415 Report a problem
4/10/2014	Listed for sale	$48,000+220%$50/sqft
Source: Iowa Realty Co., Inc. #433415 Report a problem
2/14/2014	Listing removed	--
Source: Auction.com Report a problem
1/20/2014	Price change	$15,000-76.4%$15/sqft
Source: Auction.com Report a problem
12/28/2013	Listed for sale	--
Source: Auction.com Report a problem
12/18/2013	Sold	$63,480-36.5%$66/sqft
Source: Public Record Report a problem
10/10/2012	Listing removed	$99,900$103/sqft
Source: CENTURY 21 Signature Real Estate #35221 Report a problem
4/12/2012	Listed for sale	$99,900+8.6%$103/sqft
Source: CENTURY 21 SIGNATURE-Ames #35221 Report a problem
6/6/2008	Sold	$92,000$95/sqft
Source: CIBR #24685 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,642 +1.1%	$190,300 +21.5%
2024	$2,612 +1.1%	$156,600
2023	$2,584 -0.2%	$156,600 +21.7%
2022	$2,588 +5.8%	$128,700
2021	$2,446 -5.4%	$128,700 +11.5%
2020	$2,587 +7.3%	$115,400
2019	$2,410 +6.1%	$115,400 +12.4%
2018	$2,270 +9.6%	$102,700
2017	$2,072 -3.6%	$102,700 +5.7%
2016	$2,150	$97,200 -0.5%
2015	$2,150 -0.5%	$97,700 +9.9%
2014	$2,160	$88,900
2013	--	$88,900 +0.8%
2012	--	$88,200
2011	$1,958 +2.3%	$88,200 -2.1%
2010	$1,914 +11.3%	$90,100
2009	$1,720 +21.1%	$90,100 +7.5%
2008	$1,420 -3.7%	$83,800
2007	$1,474 +12.9%	--
2006	$1,306 +17%	--
2005	$1,116 +8.3%	--
2004	$1,030	$66,300
2003	$1,030 -12.3%	--
2002	$1,175 -1.3%	$33,636 -3.6%
2001	$1,191	$34,884