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306 W Monroe Ave, Fairfield, IA, 52556

3beds
2baths
1,720sqft
$169,000
$98price/sqft
$1,298/moest. monthly cost
$51,920/yrincome needed

About This Home

Quaint Victorian style home in quiet neighborhood, close to everything. Original wood floors, and charming details including ginger bread trim on porch, sunny bay window, and reading nook. Updated kitchen with farm style sink, goose neck faucet, and open cabinet design. Second story has a brand new LUXURY SPA bathroom with a free standing soaking tub, separate shower, vanity, and washer/dryer hookups with windows on 3 sides for lots of natural light. Adjacent to the spa bathroom is the separate toilet room with a sink. Bonus room on first floor could be an office or 4th bedroom. Whole house has new paint inside and out. Great basement: dry and straight walls, unfinished. Energy efficient furnace and water heater installed 2019. Solar panels on roof reduce energy bills. Blown-in insulation and energy efficient sealing of basement per weatherization program consultation. Mature trees and ample perennial flowers that will start blooming in Spring and keep blooming into late summer.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

4/10
Pence Elementary SchoolGrades 2-40.4 mi
6/10
Fairfield Middle SchoolGrades 5-80.5 mi
3/10
Fairfield High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Wood Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 1,720 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0636102005

Features

  • Levels: One and One Half

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 45 x 143

Parking

  • Parking features: None

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

  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Hail
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado
Winter Storm

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 $854$10,248
Home Insurance *$161$1,932
Property Taxes $155$1,860
Electricity $128$1,539
Total$1,298$15,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,502/yr
40% on housing$38,940/yr
45% on housing$34,613/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: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -6.5%
-6.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$98This listing

vs Other Active Listings

Avg $/sqft

ZIP 52556$115
Jefferson County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 52556$120
Jefferson County$85

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
2025-10-15Listed for sale$179,000

For Sale by Agent

AgentNena Honkanen
BrokerageLIV Real Estate & Property Management

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