Impressive 2 bedroom, 1 bath Ranch in a decent location. Clean and move-in ready. Attractive backyard with a cement walkway leading to an oversized 2 stall detached garage/hobby shop along with a 1 stall detached garage. You'll appreciate the extra-wide pavement in front of the house that could retain up to 3 vehicles. Inside boasts cozy living with ample size living room and modernized kitchen. Small combination dining room with sliding door, leading to a large wood deck. 2 bedrooms on main along with a full bath. Basement is large and has multifunctional use. Half of the side can be used for an additional family room, rec room or possible bedroom. It includes a walk in shower and washer/dryer. Property is darling, move in ready and ready to be yours. Seller is motivated, call for personal showing.
For sale
$124,900
518 3rd Ave NW, Oelwein, IA 50662
2beds
1,016sqft
Single Family Residence
Built in 1956
6,969 Square Feet Lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
- 34 days
- 113
- 4
Zillow last checked:
Listing updated:
Listed by:
Noelle Coleman 319-238-1727,
EXIT Realty Unlimited Oelwein
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20263691
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: 1st Floor Entry, Primary Bedroom w/ Closet, Lwr Level Family Room, Living Room Separate
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dryer, Washer, Gas Water Heater
- Laundry: Lower Level
Features
- Ceiling Fan(s)
- Flooring: Hardwood
- Basement: Block,Concrete,Interior Entry,Floor Drain,Partially Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,016 sqft
- Finished area below ground: 200
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage, Garage Door Opener, Oversized
- Carport spaces: 3
Features
- Patio & porch: Deck, Patio
Lot
- Size: 6,969 Square Feet
- Dimensions: 50x140
Details
- Additional structures: Multiple Houses
- Parcel number: 1821103006
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Rustic
- Property subtype: Single Family Residence
Materials
- Steel Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Oelwein
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $83,570
- Annual tax amount: $1,400
- Date on market: 8/7/2026
- Cumulative days on market: 36 days
- Road surface type: Concrete, Paved
Estimated market value
Not available
Estimated sales range
Not available
$912/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $124,900$123/sqft |
Source: | ||
| 8/7/2026 | Pending sale | $124,900$123/sqft |
Source: | ||
| 8/7/2026 | Listed for sale | $124,900+92.2%$123/sqft |
Source: | ||
| 7/4/2012 | Listing removed | $65,000+3.2%$64/sqft |
Source: Cornerstone Realtors #18589 Report a problem | ||
| 7/3/2012 | Sold | $63,000-3.1%$62/sqft |
Source: Public Record Report a problem | ||
| 7/29/2011 | Price change | $65,000-5.1%$64/sqft |
Source: Cornerstone Realtors #18589 Report a problem | ||
| 11/29/2010 | Listed for sale | $68,500$67/sqft |
Source: Cornerstone Realtors #18589 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,202 +2.4% | $83,570 +15.5% |
| 2024 | $1,174 +11.8% | $72,360 |
| 2023 | $1,050 +1% | $72,360 +24.8% |
| 2022 | $1,040 -5.8% | $57,970 |
| 2021 | $1,104 +2% | $57,970 -1.1% |
| 2020 | $1,082 +7.3% | $58,610 |
| 2019 | $1,008 -2.3% | $58,610 +8.2% |
| 2018 | $1,032 +5.3% | $54,160 |
| 2017 | $980 -2.2% | $54,160 |
| 2016 | $1,002 | $54,160 |
| 2015 | $1,002 +1.8% | -- |
| 2014 | $984 +5.1% | -- |
| 2013 | $936 -6% | -- |
| 2012 | $996 +2.7% | -- |
| 2011 | $970 +5.2% | -- |
| 2010 | $922 +8.7% | -- |
| 2009 | $848 +5.7% | -- |
| 2008 | $802 +5.8% | -- |
| 2007 | $758 +7.7% | -- |
| 2005 | $704 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 50662
Nearby schools
Schools provided by the listing agent
- Elementary: Oelwein
- Middle: Oelwein
- High: Oelwein
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.





