Large Location Icon

502 S Phillips St; Algona, IA Property Details

502 S Phillips St, Algona, IA is a Drive-thru Restaurant that was built in 1960. This property is currently a cash purchase and is not for sale. Our records show that 502 S Phillips St has a total of 1,512 square feet. The lot size of 502 S Phillips St is 16,553 square feet.

Off market
502 S Phillips St Algona, IA 50511
$210,625 Estimated Value
1,512 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1960
  • Purchase Price: $75,000
  • APN: 22-11-232-015
  • Situs County: Kossuth
  • Length Of Ownership: 1 year, 3 months

Structure

  • Stories: 1
  • Building Condition: Good

Measurements

  • Total: 1,512/SqFt
  • Lot: 16,553/SqFt
  • Gross: 1,512/SqFt
  • Building: 1,512/SqFt
  • Ground: 1,512/SqFt
  • Price Per Square Foot: $49.60

Legal Description

  • Description: LOTS 1 & 2 BLK 1 LUTE A T STACY'S ADD
Building Insights

Land Information

  • Property Type: Drive-thru Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Algona Community School District
  • Lat / Lon: 43.064606 / -94.22731
  • Subdivision: Lute A T Stacys Add
  • Property Class: Commercial
  • County Use Code: C

Amenities

  • Plus Four: 3529

Ownership Info

502 S Phillips St has no associated ownership info
502 S Phillips St has no associated ownership info.

Taxes

502 S Phillips St has 10 associated Taxes items

502 S Phillips St, Algona, IA pays taxes in Kossuth County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $210,625. The APN we've located for 502 S Phillips St is 22-11-232-015.

Unlock the full report
Taxes
  • Assessed Value:  $210,625
  • Assessed Year:  2025
  • Assessed County:  Kossuth
  • APN:  22-11-232-015
  • Assessed Land Value:  47500
  • Market Land Value:  47500
  • Tax Amount:  4304
  • Tax Year:  2025
  • Market Value:  210625
  • Market Year:  2021

Tax History

502 S Phillips St has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $210,625 Land Value $47,500 Improvement Value $163,125 Tax Amount $4,304 Change Rate +0.107566% Assessed CR Tax Rate +0.020434%
Year 2024 Assessed Value $191,873 Land Value $47,500 Improvement Value $144,373 Tax Amount $3,886 Change Rate +0.021019% Assessed CR Tax Rate +0.020253%
Year 2023 Assessed Value $191,873 Land Value $47,500 Improvement Value $144,373 Tax Amount $3,806 Change Rate +0.388038% Assessed CR Tax Rate +0.019836%
Year 2022 Assessed Value $172,999 Land Value $47,500 Improvement Value $125,499 Tax Amount $2,742 Change Rate Assessed CR Tax Rate +0.01585%
Year 2021 Assessed Value $147,796 Land Value $47,500 Improvement Value $100,296 Tax Amount $2,742 Change Rate +0.643885% Assessed CR Tax Rate +0.018553%
Year 2020 Assessed Value $147,796 Land Value $47,500 Improvement Value $100,296 Tax Amount $1,668 Change Rate -0.014184% Assessed CR Tax Rate +0.011286%
Year 2019 Assessed Value $88,993 Land Value Improvement Value Tax Amount $1,692 Change Rate +0.070886% Assessed CR Tax Rate +0.019013%
Year 2018 Assessed Value $88,993 Land Value Improvement Value Tax Amount $1,580 Change Rate Assessed CR Tax Rate +0.017754%
Year 2017 Assessed Value $88,993 Land Value Improvement Value Tax Amount $1,580 Change Rate -0.008783% Assessed CR Tax Rate +0.017754%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,594 Change Rate Assessed CR Tax Rate