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    Property profile & analytics

    1159 Ct Ave Marengo, IA 52301-1403

    • Bars
    • 4,896 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 18, 2022
    Location Intelligence
    Property ID
    US25-0605066
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details for 1159 Ct Ave

    Year built
    1880
    Lot size
    0.08 lot acres
    Property size
    4,896 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    7328-1509-5
    APU
    732815095

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marengo
    County
    Iowa
    State
    Iowa
    Longitude
    -92.0705
    Latitude
    41.8004

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,019
    $10,220
    $35,280
    $45,500
    -
    $10,220
    $35,280
    $45,500

    Comparable in this City

    • Value Estimation by Request
      2,865 SF

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      1,996 SF

      194 Washington St

      BAR, TAVERN • 1,996 SF
      194 Washington St, Marengo, IA 52301-1545
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    • Value Estimation
      $320,000
      2,889 SF

      199 Miller St

      BAR, TAVERN • 2,889 SF
      199 Miller St, Marengo, IA 52301-1536
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      $490,000
      2,688 SF

      1655 M Ave

      RESTAURANT • 2,688 SF
      1655 M Ave, Marengo, IA 52301
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    • Value Estimation by Request
      2,009 SF

      594 Eastern Ave

      RESTAURANT • 2,009 SF
      594 Eastern Ave, Marengo, IA 52301-1704
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    • Value Estimation by Request
      3,176 SF

      166 Washington St

      RESTAURANT • 3,176 SF
      166 Washington St, Marengo, IA 52301-1545
      View Details

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    1159 Ct Ave
    Marengo, IA 52301-1403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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