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Single Family ResidenceResidential
$176,929$205 / 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 85How 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
Last sold for $155,000 on Feb 17, 2023

506 1ST ST

PALO, IA 52324
2
Beds
1
Baths
864 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.
0.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1954
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$177K
$150K low$203K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$155,000 · Feb 17, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,666 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$129,600 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$12,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$117,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$121,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$129,600

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.39 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
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.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.A-Frame
CountyLINN
Lot (acres)The size of the land the home sits on, from county records.0.19
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 746 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(10)

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

E
Viola Gibson Elementary SchoolA
Elementary · Grades PK–5 · 4.5 mi
H
Kennedy High SchoolC
High · Grades 9–12 · 6.5 mi
M
Harding Middle SchoolC+
Middle · Grades 6–8 · 7.9 mi

District: Cedar Rapids Community School District

Neighborhood · ZIP 52324These 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.118
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.21

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.23%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.3,488
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.85 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$100,925
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$120,494
Average tempThe average temperature here across a full year.48°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.61%

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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

506 1st St 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.

  • Worth less than 83% of homes in Palo 52324
  • Costs more per square foot than 75% of homes in Linn County
  • Smaller than 96% of homes in Palo 52324
  • Has a smaller lot than 86% of homes in Palo 52324
  • Older than 87% of homes in Palo 52324

What homes are worth in Palo 52324

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

This home
$62K$630K

This home is worth more than 17% of homes in Palo 52324.

How it measures up in Palo 52324

The dot is this home. The mark in the middle is the typical home in Palo 52324.

Estimated value$176,929
CheaperTypical $320,702Pricier

Pricier than 17% of homes nearby

Price per ft²$205
CheaperTypical $223Pricier

Pricier than 36% of homes nearby

Living area864 ft²
SmallerTypical 1,477 ft²Bigger

Bigger than 4% of homes nearby

Lot size0.19 ac
SmallerTypical 0.32 acBigger

Bigger than 14% of homes nearby

Year built1954
OlderTypical 2004Newer

Newer than 13% of homes nearby

How 506 1st St ranks against every home in each area.
MeasureThis homePalo 52324Linn County
Estimated valuepricier than$176,92917% of homes25% of homes
Price per ft²pricier than$20536% of homes75% of homes
Living areabigger than864 ft²4% of homes8% of homes
Lot sizebigger than0.19 ac14% of homes32% of homes
Year builtnewer than195413% of homes26% of homes

About 506 1st St

How much is 506 1st St, Palo, IA worth?

The TopHap Estimate for 506 1st St, Palo, IA is $176,929 as of Oct 21, 2026. The likely range is $150,448 to $203,410. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 506 1st St, Palo, IA last sell?

506 1st St, Palo, IA last sold on Feb 17, 2023 for $155,000, according to the county's recorded deed.

How big is 506 1st St, Palo, IA?

506 1st St, Palo, IA has 2 bedrooms, 1 bathrooms, 864 square feet of living space and a 0.19-acre lot.

When was 506 1st St, Palo, IA built?

506 1st St, Palo, IA was built in 1954, making it 72 years old. It is a a-frame home. The building has 1 story.

What schools serve 506 1st St, Palo, IA?

506 1st St, Palo, IA is assigned to Viola Gibson Elementary School (elementary), rated A; Kennedy High School (high), rated C; Harding Middle School (middle), rated C+. All sit in Cedar Rapids Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 506 1st St, Palo, IA compare to other homes in Palo 52324?

Among the 1,148 homes in Palo 52324, it is worth more than 17% of them ($176,929 against a typical $320,702), its price per square foot is higher than 36% of them ($205 against a typical $223), it is bigger than 4% of them (864 ft² against a typical 1,477 ft²), its lot is bigger than 14% of them (0.19 ac against a typical 0.32 ac) and it is newer than 13% of them (1954 against a typical 2004). Measured against all of Linn County, it is worth more than 25% 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 506 1st St, Palo, IA?

The 2025 property tax bill for 506 1st St, Palo, IA was $1,666. The county assessed it at $129,600.

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