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Rural ResidenceResidential
$162,126$111 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 74How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

1512 VELVET AVE

LORIMOR, IA 50149
3
Beds
3
Baths
1,456 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
38 ac
Lot SizeThe size of the land the home sits on, from county records.
1978
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$162K
$120K low$204K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,148 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$244,770 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$45,950
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$198,820
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$204,570
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$244,770

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.17
39
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
35
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
13
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
StyleThe architectural style of the home, such as ranch or colonial.Split Foyer
CountyUnion
Lot (acres)The size of the land the home sits on, from county records.38.00
ConstructionThe main material the home's frame and walls are built from.Steel Frame
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 168 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
East Union Elementary SchoolB
Elementary · Grades PK–5 · 7.0 mi
M
East Union Middle-High SchoolB-
Middle · Grades 6–12 · 7.0 mi

District: East Union Community School District

Neighborhood · ZIP 50149These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.106
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.135
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.16

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.965
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.12 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$74,717
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$86,105
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1512 Velvet Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a bigger lot than 95% of homes in Union County
  • Newer than 75% of homes in Union County

What homes are worth in Lorimor 50149

Each bar is how many homes fall in that price range. The marker is this home.

This home
$18K$491K

This home is worth more than 55% of homes in Lorimor 50149.

How it measures up in Lorimor 50149

The dot is this home. The mark in the middle is the typical home in Lorimor 50149.

Estimated value$162,126
CheaperTypical $144,065Pricier

Pricier than 55% of homes nearby

Price per ft²$111
CheaperTypical $103Pricier

Pricier than 56% of homes nearby

Living area1,456 ft²
SmallerTypical 1,440 ft²Bigger

Bigger than 53% of homes nearby

Lot size38 ac
SmallerTypical 3.66 acBigger

Bigger than 86% of homes nearby

Year built1978
OlderTypical 1960Newer

Newer than 61% of homes nearby

How 1512 Velvet Ave ranks against every home in each area.
MeasureThis homeLorimor 50149Union County
Estimated valuepricier than$162,12655% of homes59% of homes
Price per ft²pricier than$11156% of homes51% of homes
Living areabigger than1,456 ft²53% of homes62% of homes
Lot sizebigger than38 ac86% of homes95% of homes
Year builtnewer than197861% of homes75% of homes

About 1512 Velvet Ave

How much is 1512 Velvet Ave, Lorimor, IA worth?

The TopHap Estimate for 1512 Velvet Ave, Lorimor, IA is $162,126 as of Oct 21, 2026. The likely range is $119,959 to $204,293. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1512 Velvet Ave, Lorimor, IA last sell?

1512 Velvet Ave, Lorimor, IA last sold on Sep 23, 1977, according to the county's recorded deed.

How big is 1512 Velvet Ave, Lorimor, IA?

1512 Velvet Ave, Lorimor, IA has 3 bedrooms, 3 bathrooms, 1,456 square feet of living space and a 38.00-acre lot.

When was 1512 Velvet Ave, Lorimor, IA built?

1512 Velvet Ave, Lorimor, IA was built in 1978, making it 48 years old. It is a split foyer home. The building has 1 story.

What schools serve 1512 Velvet Ave, Lorimor, IA?

1512 Velvet Ave, Lorimor, IA is assigned to East Union Elementary School (elementary), rated B; East Union Middle-High School (middle), rated B-. All sit in East Union Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1512 Velvet Ave, Lorimor, IA compare to other homes in Lorimor 50149?

Among the 494 homes in Lorimor 50149, it is worth more than 55% of them ($162,126 against a typical $144,065), its price per square foot is higher than 56% of them ($111 against a typical $103), it is bigger than 53% of them (1,456 ft² against a typical 1,440 ft²), its lot is bigger than 86% of them (38 ac against a typical 3.66 ac) and it is newer than 61% of them (1978 against a typical 1960). Measured against all of Union County, it is worth more than 59% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1512 Velvet Ave, Lorimor, IA?

The 2024 property tax bill for 1512 Velvet Ave, Lorimor, IA was $3,148. The county assessed it at $244,770.

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