Under $75K Thursday - c.1920 Affordable Iowa Home With Unpainted Woodwork $75K

$75,000

Three-bedroom, one-bath, affordable Iowa home with unpainted woodwork, hardwood floors, lovely built-ins, 5-panel doors and clawfoot tub. The property also has an enclosed front porch, garage, rear deck, central air and heat, and public water and sewer.

House View featured at 806 NE 1st Ave, Oelwein, IA, 50662

Realtor Comments

Large 3 bedroom house with beautiful original woodwork throughout. Large deck off dining room by sliding doors. Single stall and double stall detached garages. Opprotunity awaits! This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. All offers must be entered through propoffers.com. Subject to seller addendum. For financed offers EMD to be 1% or $1000 whichever is greater and for cash offers EMD to be 5% or $5000 whichever is greater. All offers are subject to OFAC clearance. An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. A viewing release must be signed and returned to our office before showing this property.

3bed
1bath
Circa 1920

More Iowa Properties

806 1st Ave NE, Oelwein, IA 50662 $75,000

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

Contact Realtor: Gina Jordan-Burg

Brokered by Jordan Real Estate, Inc.

Google Map

Niche

Patio featured at 806 NE 1st Ave, Oelwein, IA, 50662

Shed featured at 806 NE 1st Ave, Oelwein, IA, 50662

Garage featured at 806 NE 1st Ave, Oelwein, IA, 50662

Family History

This was the home of Herbert Grannis (1877-1966) and his wife, Rose Caroline Linstrom Grannis (1877-1967). Herbert was a telegraph operator who purchased the home between 1910 and 1920 free and clear with no mortgage. The couple lived in the home with their children, Mildred and Russell. After the death of her parents, Mildred inherited the home.

Other Interiors featured at 806 NE 1st Ave, Oelwein, IA, 50662

Location of This Affordable Iowa Home

Pros

Affordability: Oelwein has a low cost of living, making it an attractive option for families and individuals looking to save on housing and daily expenses.
Small-Town Charm: The town offers a close-knit community atmosphere where residents often know their neighbors and participate in local events.
Access to Nature: Oelwein is surrounded by beautiful landscapes, parks, and recreational areas, providing opportunities for outdoor activities like hiking, fishing, and biking.
Family-Friendly: The area is known for being family-oriented, with good schools and community resources focused on children and families.
Historical Significance: Oelwein has a rich history, particularly related to the railroad industry, and features historical architecture and sites.

Cons

Limited Job Market: The local economy may offer fewer job opportunities, especially in specialized fields, leading some residents to commute to nearby cities for work.
Amenities: While there are basic shops and restaurants, options can be limited compared to larger urban areas, affecting entertainment and dining choices.
Public Transportation: Public transportation options are minimal, making it necessary for residents to rely on personal vehicles.
Weather: Winters can be cold and snowy, which may not be appealing to everyone, while summers can be hot and humid.
Limited Cultural Activities: Oelwein may not have as many cultural events, entertainment options, or nightlife compared to larger cities.