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2009 1st Ave E, Newton, IA, 50208

4beds
4baths
2,803sqft
$776,000
$277price/sqft
$5,698/moest. monthly cost
$227,920/yrincome needed

About This Home

Once the home of Fred Maytag II and his wife, Ellen, this beautifully preserved and fully updated estate blends historic charm with modern convenience. From the roof to the electrical to the sewer, every detail has been thoughtfully updated, offering peace of mind and move-in readiness. Spanning 2,803 sq ft across three levels, this spacious home features - 4 bedrooms & 4 bathrooms, a beautifully updated kitchen with plenty of built-ins, a 3-car garage plus a large storage shed, and a guest house on the 1.15-acre lot. Whether you're looking for a family retreat or an income opportunity, this property offers flexibility. The main-level bedroom suite has a convenient private entrance from the privacy-fenced area. The guest house has its own kitchen, bathroom, bedroom and living room. Both are currently operated as successful Airbnb rentals. Step into history while enjoying modern living. Schedule your showing today! Zoned commercial/residential.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

2/10
Berg Middle SchoolGrades 5-80.4 mi
4/10
Newton Senior High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Block
  • Roof: Asphalt,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dryer,Dishwasher,Microwave,Refrigerator,Stove,Washer

Basement

  • Has basement: Yes
  • Basement: Egress Windows,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Separate/Formal Dining Room,Cable TV,Window Treatments
  • Flooring: Carpet,Hardwood,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric,Geothermal,See Remarks
  • Cooling features: Geothermal,See Remarks

Interior Area

  • Total structure area: 2,803
  • Total interior livable area: 2,803 sqft

Property

Details

  • Parcel number: 0835251023
  • Zoning: res

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck
  • Exterior features: Deck,Storage
  • Fencing: Wood

Lot

  • Lot size: 1.15 Acres
  • Lot size dimensions: 147 x 370

Parking

  • Total spaces: 3
  • Parking features: Detached,Garage,Three Car Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Hail
Tornado
Winter Weather
Heat Wave
Ice Storm
Lightning

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,923$47,076
Home Insurance *$695$8,340
Property Taxes $871$10,452
Electricity $209$2,509
Total$5,698$68,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$195,360/yr
40% on housing$170,940/yr
45% on housing$151,946/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.1%
14.1%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$277This listing

vs Other Active Listings

Avg $/sqft

ZIP 50208$133
Jasper County$129

vs Homes Sold Last Month

Median $/sqft

ZIP 50208$163
Jasper County$160

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-02Price change$776,000
2025-10-30Price change$788,000
2025-08-26Listed for sale$800,000
2023-06-21Sold$400,860
2023-04-10Pending sale$494,000
2023-02-13Listing removed--
2022-08-29Price change$494,000
2022-06-27Price change$498,000
2022-04-25Listed for sale$499,000

For Sale by Agent

AgentCathy McAulay
BrokerageCentury 21 Signature

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