Opportunity awaits with this 3-bedroom, 1-bath fixer-upper full of potential! This home has been completely gutted and is ready for your vision and finishing touches. Whether you’re an investor, flipper, or buyer looking to create your dream home from the ground up, this property offers a blank canvas to make it your own. Situated on a lot with a beautiful backyard, there’s plenty of outdoor space to relax, entertain, garden, or create the perfect retreat. With the major demo already completed, you can skip the tear-out phase and jump straight into rebuilding and designing exactly how you want it. Bring your ideas and unlock the possibilities this property has to offer!
For sale
$24,900
507 N Massachusetts Ave, Mason City, IA 50401
3beds
1baths
1,529sqft
Single Family Residence
Built in 1900
5,800 Square Feet Lot
$-- Zestimate®
$16/sqft
$-- HOA
What's special
Beautiful backyard
- 94 days |
- 454 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
KRYSTLE HESSE 641-430-7654,
Realty One Group Welcome Home
Source: Greater Mason BOR,MLS#: 260332
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- None
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,529
- Total interior livable area: 1,529 sqft
Property
Parking
- Parking features: None, Gravel, No Garage
Features
- Levels: Two
Lot
- Size: 5,800 Square Feet
- Dimensions: 50 x 116
Details
- Parcel number: 070337801000
- Zoning description: RG/GENERAL RES
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Stone
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: CITY
- Water: Public
Community & HOA
Community
- Subdivision: IA
Location
- Region: Mason City
Financial & listing details
- Price per square foot: $16/sqft
- Tax assessed value: $23,310
- Annual tax amount: $426
- Date on market: 5/14/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,262/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Listed for sale | $24,900-24.5%$16/sqft |
Source:  Greater Mason BOR #260332 Report a problem | ||
| 10/5/2021 | Sold | $33,000+78.4%$22/sqft |
Source: Public Record Report a problem | ||
| 5/18/2021 | Sold | $18,500$12/sqft |
Source: Public Record Report a problem | ||
| 4/9/2021 | Price change | $18,500-5.1%$12/sqft |
Source:  Exit Realty #200780 Report a problem | ||
| 11/24/2020 | Price change | $19,500-15.2%$13/sqft |
Source: EXIT REALTY MASON CITY #200780 Report a problem | ||
| 11/9/2020 | Price change | $23,000-17.9%$15/sqft |
Source: EXIT REALTY MASON CITY #200780 Report a problem | ||
| 10/8/2020 | Listed for sale | $28,000$18/sqft |
Source: EXIT REALTY MASON CITY #200780 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $426 -2.3% | $27,400 |
| 2023 | $436 -1.4% | $27,400 +24.5% |
| 2022 | $442 -22.4% | $22,000 +2.4% |
| 2021 | $570 +8.8% | $21,490 -18.2% |
| 2020 | $523 | $26,280 |
| 2019 | $523 | $26,280 +3.9% |
| 2018 | -- | $25,290 |
| 2017 | $450 | -- |
| 2016 | $450 | -- |
| 2015 | $450 -10.4% | -- |
| 2014 | $502 +3.7% | -- |
| 2013 | $484 +9% | -- |
| 2012 | $444 -3.3% | -- |
| 2011 | $459 +6.7% | -- |
| 2010 | $430 +9.7% | -- |
| 2009 | $392 +2.6% | -- |
| 2008 | $382 -14.7% | -- |
| 2007 | $448 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 50401
Nearby schools
GreatSchools rating
- 3/10Harding Elementary SchoolGrades: PK-4Distance: 0.8 mi
- 4/10John Adams Middle SchoolGrades: 7-8Distance: 1.4 mi
- 5/10Mason City High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: Mason City
Source: Greater Mason BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
