This property offers a ton of potential. With the location near downtown and hwy 100, you could easily make this an amazing investment opportunity. Less than 2 year old septic, all double walled tile from the house and ready to hook up to Mid American so no LP. There is much work to do if you prefer to use the existing structure, however, much of this work has been started with newer wiring and some new drywall. Make this whatever you desire. Location is the key factor. This property will be sold AS IS Where IS. No exceptions.
This property offers a ton of potential. With the location near downtown and hwy 100, you could easily make this an amazing investment opportunity. Less than 2 year old septic, all double walled tile from the house and ready to hook up to Mid American so no LP. There is much work to do if you prefer to use the existing structure, however, much of this work has been started with newer wiring and some new drywall. Make this whatever you desire. Location is the key factor. This property will be sold AS IS Where IS. No exceptions.
CRAAR, CDRMLS #2500084
Jan 29, 2025
Sold
$100,000
$119/sq ft
Jan 10, 2025
Pending
—
Jan 7, 2025
Listed
$115,000
$136/sq ft
Public Records
Jan 28, 1991
Sold
$12,000
$14/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,550 (+1.3%)
$66,300
2024
$1,530 (−0.4%)
$66,300 + $66,400
$132,700
2023
$1,536 (+1.3%)
$66,300 + $66,400
$132,700
2022
$1,516 (+12.3%)
$66,300 + $43,200
$109,500
2021
$1,350 (+2.1%)
$66,300 + $43,200
$109,500
2020
$1,322 (+3.9%)
$50,400 + $40,100
$90,500
2019
$1,272 (+2.3%)
$50,400 + $40,100
$90,500
2018
$1,244 (−2.4%)
$50,400 + $36,700
$87,100
2017
$1,274 (+2.4%)
$50,400 + $36,700
$87,100
2016
$1,244 (+1.5%)
$50,400 + $34,900
$85,300
2014
$1,226
$50,400 + $34,900
$85,300
Tax history for 2015 Covington Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,550 (+1.3%)
$66,300
2024
$1,530 (−0.4%)
$66,300 + $66,400
$132,700
2023
$1,536 (+1.3%)
$66,300 + $66,400
$132,700
2022
$1,516 (+12.3%)
$66,300 + $43,200
$109,500
2021
$1,350 (+2.1%)
$66,300 + $43,200
$109,500
2020
$1,322 (+3.9%)
$50,400 + $40,100
$90,500
2019
$1,272 (+2.3%)
$50,400 + $40,100
$90,500
2018
$1,244 (−2.4%)
$50,400 + $36,700
$87,100
2017
$1,274 (+2.4%)
$50,400 + $36,700
$87,100
2016
$1,244 (+1.5%)
$50,400 + $34,900
$85,300
2014
$1,226
$50,400 + $34,900
$85,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
1.08 Acres
Year renovated
—
Sq. Ft.
633
Year built
1900
Style
Single Family Residential
County
Linn County
APN
13104-51002-00000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
VR
Village Residential District
The purpose of the village residential district is to maintain the existing character of residential neighborhoods within the rural villages, while encouraging rehabilitation of existing buildings and ensuring that new infill development can occur in a way that is compatible with this existing character.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Bank
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Fire house
Police station
Park & open space
Property details
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
Room Information
# of Rooms Total: 4
Has Basement
Basement Details: Partial
Exterior
Building Information
Above Grade Finished Area: 843
Levels: One and One Half
# of Stories Total: 1
Construction Materials: Frame, Vinyl Siding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Size : 1.08
Lot Size Dimensions: Irregular
Lot Size Area: 1.08
Lot Size Units: Acres
Lot Size Acres: 1.08
Financial
Tax Information
Tax Annual Amount: $1,530
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Location
Schools Information
Elementary School: Jackson
Middle Or Junior School: Taft
High School: Kennedy
Location Information
Directions: On Covington Road near Hwy 100
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 633
Stories: 1.5
Lot Size: 1.08 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: —
County: Linn County
APN: 13104-51002-00000
Home facts updated by county records on Jul 15, 2026
Other
Listing Information
List AOR: CedarRapidsAreaAssociationOfRealtors
Around this home
Schools
Jackson Elementary School
Public PreK-5 • Assigned • 2.6mi
6/10
Taft Middle School
Public 6-8 • Assigned • 2.3mi
7/10
John F Kennedy High School
Public 9-12 • Assigned • 4.4mi
3/10
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 103° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Palo, IA • 52324
Average low and high temperatures (°F)
28
12
36
19
57
34
63
43
73
51
82
63
84
68
81
63
80
57
69
47
49
33
34
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 4 hours in December, which is comparable to the
U.S. average for solar exposure.
10.1 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$110,000 – $133,000
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