203 1St Street NE Rake, IA ^$ 39,900

203 1St Street NE

^$ 39,900

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Recently Listed

203 1St Street NE

Rake, IA, 50465

^$ 39,900

Bedrooms2 Baths1.0 Sq 760

Monthly Estimate*

^$ 246

203 1St Street NE, Rake, IA 50465 - Image 1

203 1St Street NE, Rake, IA 50465 - Image 2

203 1St Street NE, Rake, IA 50465 - Image 3

203 1St Street NE, Rake, IA 50465 - Image 4

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203 1St Street NE, Rake, IA 50465 - Image 8

Single Family Home for sale in Rake, IA

for $39,900 with 2 bedrooms and 1 full bath. This 760 square foot home was built in 1952 on a lot size of 0.15.

Available with seller financing (contract for deed) with just $5,000 down, offering a flexible path to homeownership. Charming 2 bedroom, 1 bath home with a 1 stall garage, situated on a spacious lot in a welcoming small-town setting. This home features beautiful hardwood floors, a full basement offering plenty of storage or potential additional living space, and a large yard perfect for relaxing, gardening, or entertaining. Enjoy the peace and simplicity of small-town living.

Single Family Active

Price

^$ 39,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 484

Style

Ranch

Lot Size

0.15

Year Built

1952

Town/City

Rake

County/Region

Winnebago

MLS | Web ID

6336966

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling None

Garage Spaces 1

Architectural Style Ranch

Construction Materials Wood Siding

Year Built 1952

Property Subtype Single Family Residence

Tax Year 2024

Accessibility None

County Winnebago

Property Type Residential

Contingency None

Subdivision Name RAKE 1ST ADD

Full Baths 1

Status Active

Directions See GPS

Association Name NCIR

Lot Size Units Acres

Lot Size Square Feet 6534

Tax Annual Amount 484

Living Area Units Square Feet

Standard Status Active

Legal Description 16 100 26 L 8 BLK 12

Interior

Basement Full Unfinished

Total Fireplaces 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 2

Total Baths 1

Exterior

Parking Features Detached Garage

Water Source Public

Lot Dimensions 50X132

Lot Size Acres 0.15

* Excluded Features

List By

Krystle Hesse

Listing Agent

Realty One Group Welcome Home

Broker

krystle@rogwelcomehome.com

Affordability Calculator

$286

Per Month

Monthly Principal & Interest: $246
Monthly Property Taxes: $40
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Rake, IA

Average List Price ^$107,400

Percent of Sale Price 169%

About Rake, IA

161 Population

-16% Since 2002

^$51,029 Median Income

48.58 Median Age

39% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
4/6/2026	$39,900		Listed Price

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203 1St Street NE, Rake, IA, 50465 is a Single Family Home for sale at $39,900 with 760 sqft and a lot size of 0.15. 203 1St Street NE has 2 bedrooms, 1.0 baths, and was built in 1952. The property's zip code is 50465 which is in Rake, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 4/12/2026.

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203 1St Street NE

Single Family Home for sale in Rake, IA

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