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700 3rd St, Prescott, IA, 50859

2beds
1baths
1,123sqft
$23,000
$20price/sqft
$274/moest. monthly cost
$10,960/yrincome needed

About This Home

Preferred Properties presents the Prescott North Property - consisting of three lots equaling half of an acre, centrally located in the quiet town of Prescott, Iowa. Currently located on the property includes an uninhabitable trailer home, and a sturdy 1 1/2 story, frame built home complete with a detached garage. If you're looking for your next project, this could be it!

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

6/10
Creston Elementary SchoolGrades 1-513.0 mi
8/10
Creston Middle SchoolGrades 6-813.0 mi
7/10
Creston High SchoolGrades 9-1213.1 mi

Construction

Condition

  • Year built: 1895

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 1,123

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 1,123
  • Total interior livable area: 1,123 sqft

Property

Details

  • Parcel number: 000000003689100210
  • Lease amount: 0

Features

  • Stories: 2
  • Has view: Yes
  • View description: Street

Lot

  • Lot size: 0.50 Acres

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Cold Wave
    Cold WaveVery High
  • Drought
    DroughtVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Drought
Hail
Heat Wave
Strong Wind
Tornado
Winter Weather
Inland Flooding

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 $116$1,392
Home Insurance *$19$228
Property Taxes $18$216
Electricity $121$1,452
Total$274$3,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$9,394/yr
40% on housing$8,220/yr
45% on housing$7,306/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: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 8.9%
8.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$20This listing

vs Other Active Listings

Avg $/sqft

ZIP 50859$150
Adams County$120

vs Homes Sold Last Month

Median $/sqft

ZIP 50859
Adams County$44

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
2026-04-10Listed for sale$23,000

For Sale by Agent

AgentMaury Moore
BrokeragePreferred Properties of Iowa, Inc.

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