Create your own nest on top of the bluff. This 2 bdrm. bungalow is all spruced up and ready to move in to. Great curb appeal and incredible city views. Includes back yard storage shed.
Single-familyProperty Type
1865Year Built
6,519 sq ftLot Size
$176Est. Price/Sq.Ft.
Listed by Marcia Madrigal• Kelly Real Estate Inc
Bought with Alan Peake• Friest & Associates
Source:NEIRBR as distributed by MLS GRID #20152755
Redfin Estimate
$131,787
$32K since sold in May 2018$2,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 28.2% lower than the average sale price ($184K) of 6 comparable homes.
Create your own nest on top of the bluff. This 2 bdrm. bungalow is all spruced up and ready to move in to. Great curb appeal and incredible city views. Includes back yard storage shed.
Year
Property tax
Land + Additions
Assessment*
2026
$1,162 (+4.7%)
$23,370 + $69,350
$92,720
2025
$1,110 (−6.1%)
$23,370 + $69,350
$92,720
2024
$1,182 (−8.8%)
$23,370 + $69,350
$92,720
2023
$1,296 (+3.0%)
$23,370 + $59,530
$82,900
2022
$1,258 (+4.1%)
$23,370 + $59,530
$82,900
2021
$1,208 (+5.4%)
$19,480 + $51,550
$71,030
2020
$1,146 (−14.9%)
$19,480 + $47,830
$67,310
2019
$1,346 (−0.7%)
$19,480 + $47,830
$67,310
2018
$1,356 (+44.6%)
$19,480 + $47,830
$67,310
2017
$938 (+30.6%)
$19,480 + $47,830
$67,310
2015
$718 (+2.6%)
$15,430 + $29,300
$44,730
2014
$700
$15,430 + $28,050
$43,480
Tax history for 508 Terrace St
Year
Property tax
Land + Additions
Assessment*
2026
$1,162 (+4.7%)
$23,370 + $69,350
$92,720
2025
$1,110 (−6.1%)
$23,370 + $69,350
$92,720
2024
$1,182 (−8.8%)
$23,370 + $69,350
$92,720
2023
$1,296 (+3.0%)
$23,370 + $59,530
$82,900
2022
$1,258 (+4.1%)
$23,370 + $59,530
$82,900
2021
$1,208 (+5.4%)
$19,480 + $51,550
$71,030
2020
$1,146 (−14.9%)
$19,480 + $47,830
$67,310
2019
$1,346 (−0.7%)
$19,480 + $47,830
$67,310
2018
$1,356 (+44.6%)
$19,480 + $47,830
$67,310
2017
$938 (+30.6%)
$19,480 + $47,830
$67,310
2015
$718 (+2.6%)
$15,430 + $29,300
$44,730
2014
$700
$15,430 + $28,050
$43,480
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 3
Heating & Cooling
Heating Type: Baseboard Electric
Room Information
# of Rooms: 4
Exterior
Exterior Information
Physical Condition: Good
Foundation Type: Stone
Construction Type: Frame
Exterior Wall: Vinyl
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: OTIS & STEVENS ADD
Living Sq. Ft: 748
Building Sq. Ft: 748
# of Stories: 1
Stories Type: 1
Legal Description: L 9 BLK 4 O & S
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,519
Legal Lot Number: 9
Legal Block Number: 4
Acres: 0.1497
Depth Footage: 123
Front Footage: 53
County Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 748
Stories: 1.0
Lot Size: 6,519 square feet
Style: Single Family Residential
Year Built: 1865
Year Renovated: 1865
County: Winneshiek County
APN: 111535400700
Home facts updated by county records on Oct 14, 2026
Around this home
Schools
John Cline Elementary School
Public K-2 • Assigned • 0.4mi
Decorah Middle School
Public 5-8 • Assigned • 0.5mi
9/10
Decorah High School
Public 9-12 • Assigned • 0.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Decorah, IA • 52101
Average low and high temperatures (°F)
25
9
32
16
51
31
59
40
70
49
80
61
83
66
78
61
76
56
66
46
46
32
31
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 3.9 hours in December, which is comparable to the
U.S. average for solar exposure.