This 4-bedroom, 2-bathroom home is currently generating excellent rental income, making it an ideal investment opportunity. Located on a spacious corner lot in the charming town of Fayette, this property also features a double detached garage and a new water heater. With the advantage of small-town living and low property taxes, this home offers the potential to become a cozy family residence as well. The flexible layout allows for easy customization, and its central location makes it a convenient choice for any lifestyle. Please note, showings require a 24-hour notice. Don’t miss your chance to make this fantastic property your own!
Sold for $79,000
$79,000
401 Mechanic St, Fayette, IA 52142
4beds
1,812sqft
Single Family Residence
Built in 1900
0.4 Acres Lot
$80,400 Zestimate®
$44/sqft
$1,409 Estimated rent
Home value
$80,400
Estimated sales range
Not available
$1,409/mo
Zestimate® history
Owner options
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$421/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Michael T Kelly 563-382-8406,
Kelly Real Estate Inc
Bought with:
Zachary Wulfekuhle, S68014000
Century 21 Signature Real Estate - Oelwein
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20253964
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dryer, Microwave, Free-Standing Range, Refrigerator
- Laundry: Gas Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Hardwood
- Basement: Stone/Rock
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,812 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Detached Garage
- Carport spaces: 2
Features
- Patio & porch: Patio, Covered
Lot
- Size: 0.40 Acres
- Dimensions: 145 x 120
- Features: Corner Lot
Details
- Parcel number: 1128165001
- Zoning: none
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Fayette
Other
Other facts
- Road surface type: Crushed Rock, Hard Surface Road
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $79,000-11.2%$44/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20253964 Report a problem | ||
| 7/8/2025 | Pending sale | $89,000$49/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20251017 Report a problem | ||
| 5/23/2025 | Price change | $89,000-5.3%$49/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20251017 Report a problem | ||
| 4/29/2025 | Price change | $94,000-5.1%$52/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20251017 Report a problem | ||
| 3/14/2025 | Listed for sale | $99,000+32%$55/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20251017 Report a problem | ||
| 6/11/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/17/2022 | Listed for rent | $1,400+27.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/28/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/15/2020 | Listing removed | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 6/14/2020 | Listed for rent | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 1/31/2020 | Sold | $75,000$41/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20193731 Report a problem | ||
| 1/24/2020 | Pending sale | $75,000$41/sqft |
Source: Volga River Realty #20193731 Report a problem | ||
| 7/17/2019 | Listed for sale | $75,000+7.1%$41/sqft |
Source: Volga River Realty #20193731 Report a problem | ||
| 4/9/2014 | Sold | $70,000$39/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,588 +12.9% | $92,070 |
| 2023 | $1,406 +4.8% | $92,070 +25.7% |
| 2022 | $1,342 -16.3% | $73,270 |
| 2021 | $1,604 +3.6% | $73,270 -13.7% |
| 2020 | $1,548 -3% | $84,890 |
| 2019 | $1,596 +11.8% | $84,890 -1.7% |
| 2018 | $1,428 -11.1% | $86,350 +26.9% |
| 2017 | $1,606 +17.2% | $68,060 |
| 2016 | $1,370 | $68,060 |
| 2015 | $1,370 | -- |
| 2014 | -- | -- |
Find assessor info on the county website
Neighborhood: 52142
Nearby schools
GreatSchools rating
- NANorth Fayette Elementary Fayette CenterGrades: 4-5Distance: 0.2 mi
- 7/10North Fayette Valley Middle SchoolGrades: 5-8Distance: 11.8 mi
- 6/10North Fayette Valley High SchoolGrades: 9-12Distance: 8.8 mi
Schools provided by the listing agent
- Elementary: N Fayette Valley
- Middle: North Fayette Valley
- High: North Fayette Valley
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.
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- Iowa
- Fayette County
- Fayette
- 52142
- 401 Mechanic St
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