5071 Palace Rd is a 1,236 square foot house on a 0.72 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Oelwein data, we estimate the home's value is $182,556.
Single-familyProperty Type
1957Year Built
0.72 acresLot Size
$148Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$182,556
$3,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 17.7% higher than the average sale price ($155K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$1,718 (+7.2%)
$19,910 + $150,190
$170,100
2025
$1,602 (+1.5%)
$19,910 + $150,190
$170,100
2024
$1,578 (+4.8%)
$19,910 + $150,190
$170,100
2023
$1,506 (−0.1%)
$19,910 + $130,040
$149,950
2022
$1,508 (−4.9%)
$19,910 + $130,040
$149,950
2021
$1,586 (+2.1%)
$16,590 + $103,870
$120,460
2020
$1,554 (+7.3%)
$13,280 + $106,620
$119,900
2019
$1,448 (+3.3%)
$13,280 + $106,620
$119,900
2018
$1,402 (+20.2%)
$13,280 + $106,620
$119,900
2017
$1,166 (+3.0%)
$13,280 + $83,440
$96,720
2016
$1,132 (+0.2%)
$13,280 + $75,100
$88,380
2015
$1,130 (+2.4%)
$13,280 + $75,100
$88,380
2014
$1,104
$13,280 + $75,100
$88,380
Tax history for 5071 Palace Rd
Year
Property tax
Land + Additions
Assessment*
2026
$1,718 (+7.2%)
$19,910 + $150,190
$170,100
2025
$1,602 (+1.5%)
$19,910 + $150,190
$170,100
2024
$1,578 (+4.8%)
$19,910 + $150,190
$170,100
2023
$1,506 (−0.1%)
$19,910 + $130,040
$149,950
2022
$1,508 (−4.9%)
$19,910 + $130,040
$149,950
2021
$1,586 (+2.1%)
$16,590 + $103,870
$120,460
2020
$1,554 (+7.3%)
$13,280 + $106,620
$119,900
2019
$1,448 (+3.3%)
$13,280 + $106,620
$119,900
2018
$1,402 (+20.2%)
$13,280 + $106,620
$119,900
2017
$1,166 (+3.0%)
$13,280 + $83,440
$96,720
2016
$1,132 (+0.2%)
$13,280 + $75,100
$88,380
2015
$1,130 (+2.4%)
$13,280 + $75,100
$88,380
2014
$1,104
$13,280 + $75,100
$88,380
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,236
Basement Type: Full
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of 1/4 Baths: 1
# of Bathroom Fixtures: 6
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air Gas
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Good
Foundation Type: Concrete Block
Exterior Wall: Vinyl
Building Type: Single Family
Property Information
Living Sq. Ft: 1,236
Ground Floor Sq. Ft: 1,236
Building Sq. Ft: 2,956
# of Stories: 1
Stories Type: 1
Legal Description: BEG 390' N & 33' W OF SE COR SW TH W 150' N 125' E 150' S TO BEG IN SE SW & N125' IN PCL COM S 1/4 SEC 9, TH W 183', W 100', N515', E100', S515' TO BEG 9-91-9 .72 AC
Parking & Garage Information
Parking Type: Attached Frame Garage
Garage/Parking Sq. Ft: 484
Garage / Carport Type: Attached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 31,363
Municipality Name: OELWEIN JEFFERSON
Acres: 0.72
Depth Footage: 250
Front Footage: 125
County Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,236
Stories: 1.0
Lot Size: 0.72 acres
Style: Single Family Residential
Year Built: 1957
Year Renovated: 1957
County: Fayette County
APN: 1809300004
Home facts updated by county records on Oct 12, 2026
Around this home
Schools
Wings Park Elementary School
Public 1-4 • Assigned • 1.5mi
7/10
Oelwein Middle School
Public 5-8 • Assigned • 2.1mi
2/10
Oelwein High School
Public 9-12 • Assigned • 2.1mi
4/10
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
Oelwein, IA • 50662
Average low and high temperatures (°F)
25
9
32
16
53
31
60
40
71
50
80
62
83
66
78
61
77
56
67
45
46
31
31
16
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10 hours in
June and 3.9 hours in December, which is comparable to the
U.S. average for solar exposure.