For sale

$59,900

507 S Polk Ave, Mason City, IA 50401

4beds

1baths

1,152sqft

N/A

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Single Family Residence

Built in 1925

0.25 Acres Lot

$112,800 Zestimate^®

$52/sqft

$-- HOA

What's special

Storage shedHuge lot

Investor ALERT!!! 4 bedroom, 1 bath home with an attached 1 stall garage. Property being sold AS-IS. Great potential with this property but does need lots of repairs needed to make it see its full potential again. has a huge lot and storage shed also. Seller still has a few items to remove and buyer will be responsible for clean out of all items remaining after sale. Make your move Today and buy into equity with this property assessing for much more than the asking price.

1 day

261

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Bedroom 1

Level: Main
Area: 130
Dimensions: 13 x 10

Bedroom 2

Level: Main
Area: 90
Dimensions: 10 x 9

Bedroom 3

Level: Upper
Area: 208
Dimensions: 16 x 13

Bedroom 4

Level: Upper
Area: 144
Dimensions: 12 x 12

Bathroom 1

Features: Shower, Tub

Dining room

Features: LR/DR Combo

Kitchen

Level: Main
Area: 130
Dimensions: 13 x 10

Living room

Level: Main
Area: 221
Dimensions: 17 x 13

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Built-In Oven, Built-In Range, Washer/Dryer

Features

Natural Wood
Flooring: Carpet, Vinyl
Windows: Casement, Double Hung, Thermal
Basement: Full,Sump Pump
Has fireplace: No

Interior area

Total structure area: 1,952
Total interior livable area: 1,152 sqft

Property

Parking

Total spaces: 1
Parking features: Attached, Garage Door Opener, Asphalt
Attached garage spaces: 1

Features

Levels: One and One Half
Patio & porch: Patio, Deck
Exterior features: Sidewalks, Storage

Lot

Size: 0.25 Acres
Dimensions: 84 x 132
Features: Alley

Details

Additional structures: Storage
Parcel number: 070932601400
Zoning description: Z2 - Sub-Urban District

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Steel Siding, Insulation
Foundation: Block
Roof: Asphalt

Condition

Year built: 1925

Utilities & green energy

Sewer: CITY
Water: Public

Community & HOA

Community

Subdivision: IA

Location

Region: Mason City

Financial & listing details

Price per square foot: $52/sqft
Tax assessed value: $101,670
Annual tax amount: $1,114
Date on market: 8/11/2026

Estimated market value

$112,800

$90,000 - $133,000

$1,232/mo

Price history

Date	Event	Price
8/11/2026	Listed for sale	$59,900$52/sqft
Source: Greater Mason BOR #260598 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$988 -14.8%	$89,560
2023	$1,160 -15.9%	$89,560 +26.4%
2022	$1,379 +4.5%	$70,870 +0.6%
2021	$1,320 +9%	$70,430 +9.8%
2020	$1,211	$64,150
2019	$1,211	$64,150 +3.7%
2018	--	$61,890
2017	$846 +0.2%	--
2016	$844	--
2015	$844 -16.6%	--
2014	$1,012 +4.5%	--
2013	$968 +6.4%	--
2012	$910 -2.6%	--
2011	$934 +4.9%	--
2010	$890 +12.1%	--
2009	$794 +3.4%	--
2008	$768 -3.5%	--
2007	$796	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 50401

Getting around

67 / 100

Somewhat Walkable

25 / 100

Some Transit

79 / 100

Very Bikeable

Nearby schools

GreatSchools rating

5/10
Lincoln Intermediate School
Grades: 5-6Distance: 1.2 mi
4/10
John Adams Middle School
Grades: 7-8Distance: 2.4 mi
5/10
Mason City High School
Grades: 9-12Distance: 2.5 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.