This 3 bedroom, 1 bath has various updates throughout. The dining room that sits just off the kitchen along with the large living room allows for plenty of room for family gatherings. The large back yard offers plenty of space to grill, have a bon fire or enjoy family time outside. Located along a hard surfaced road just on the edge of town, you can fill like your in the country but be in town in minutes.
If you've wanted to move out of the city limits then a 2 minute drive will bring you to this delightful cape cod home located just north of town. It has excellent curb appeal and has had all the major items completed so you can just sit back and enjoy living here. Maintenance free exterior with newer windows, steel roof on house and garage, fresh paint on porches and breezeway, new doors and a newly installed septic system. A huge partially fenced yard is waiting for activities to begin. Inside you will find fresh upgrades. Carpet, hardwood floors and vinyl are in good repair. Walls and ceilings have upgraded textures. One bedroom down and two up is an ideal layout. Main floor laundry and sliding patio door to rear porch makes life easy. Basement has been partially finished for extra room. Newer forced air furnace. Must take a look at this very nice home before someone else steals your dream.
Year
Property tax
Land + Additions
Assessment*
2025
$1,166 (+1.4%)
$12,490 + $133,730
$146,220
2024
$1,150 (+19.3%)
$12,490 + $133,730
$146,220
2023
$964
$12,490 + $89,100
$101,590
2022
$964 (−4.2%)
$12,490 + $89,100
$101,590
2021
$1,006 (+2.2%)
$10,410 + $69,810
$80,220
2020
$984 (+7.4%)
$7,490 + $71,690
$79,180
2019
$916 (+3.4%)
$7,490 + $71,690
$79,180
2018
$886 (+14.2%)
$7,490 + $71,690
$79,180
2017
$776 (+28.5%)
$7,490 + $56,380
$63,870
2016
$604
$7,490 + $54,140
$61,630
2015
$604 (−15.2%)
$7,490 + $43,740
$51,230
2014
$712
$7,490 + $43,740
$51,230
Tax history for 5618 Palace Rd Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,166 (+1.4%)
$12,490 + $133,730
$146,220
2024
$1,150 (+19.3%)
$12,490 + $133,730
$146,220
2023
$964
$12,490 + $89,100
$101,590
2022
$964 (−4.2%)
$12,490 + $89,100
$101,590
2021
$1,006 (+2.2%)
$10,410 + $69,810
$80,220
2020
$984 (+7.4%)
$7,490 + $71,690
$79,180
2019
$916 (+3.4%)
$7,490 + $71,690
$79,180
2018
$886 (+14.2%)
$7,490 + $71,690
$79,180
2017
$776 (+28.5%)
$7,490 + $56,380
$63,870
2016
$604
$7,490 + $54,140
$61,630
2015
$604 (−15.2%)
$7,490 + $43,740
$51,230
2014
$712
$7,490 + $43,740
$51,230
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
1
Stories
1
Lot width
75 ft.
Lot depth
190 ft.
Lot size
0.33 Acres
Year renovated
1957
Sq. Ft.
1,218
Year built
1957
Style
Single Family Residential
County
Fayette County
APN
1809251004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 2026.
Property details
Parking
Parking/Garage Information
Has Attached Garage
Has Carport
# of Carport Spaces: 1
Interior
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air
Has Heating
Heating: Propane
Interior Features
Interior Features: Ceiling Fan(s)
Appliances: Range, Cooktop, Dishwasher, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer, Electric Water Heater
Fireplace Features: None
Room Information
Has Basement
Basement Details: Sump Pump, Block, Unfinished
Exterior
Exterior Features
Patio And Porch Features: Deck
Building Information
Construction Materials: Vinyl Siding
Property Features
Security Features: Smoke Detector(s)
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Road Surface Type: Gravel
Lot Size Dimensions: 75 x 190
Lot Size Acres: 0.33
Zoning Description: R-1
Financial
Tax Information
Tax Annual Amount: $964
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Location
Schools Information
Elementary School: Oelwein
Middle Or Junior School: Oelwein
High School: Oelwein
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,218
Stories: 1.0
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 1957
Year Renovated: 1957
County: Fayette County
APN: 1809251004
Home facts updated by county records on Sep 15, 2026
Around this home
Schools
Wings Park Elementary School
Public 1-4 • Assigned • 2.0mi
7/10
Oelwein Middle School
Public 5-8 • Assigned • 2.6mi
2/10
Oelwein High School
Public 9-12 • Assigned • 2.6mi
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
81
65
78
61
78
55
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.