705 1st St, Corwith, IA 50430 Property Records

Hancock County property record for 705 1st St, Corwith, IA 50430

Property Summary

Property Type	Apartments (5+ Units)
Details	4,320 sqft · built 1974
Lot Size	1.98 acres (86,684 sqft)
Owner	Company Name on Record
Tax Bill	$4,810 (2025)
Deeds & Mortgages	Dec 2020 Mortgage May 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`2540000080`

Property Details

APN / Parcel Number

Primary APN	`2540000080`

Interior

Stories	1 Story
Building Area	4,320 sqft Gross Area
1st Floor Area	4,320 sqft
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1974
Effective Year Built	Effective 1974
Exterior Material	Brick Veneer
Roof Material	Shingle
Lot Area	86,684 sqft (1.98 acres)
Shed	1 Shed
Total Buildings	3 Buildings

Location & Zoning

Street Address	705 1ST ST
City	CORWITH
State	IA
Zip	50430-7734
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	AUD SUB DIV E 230' LOT 8
Legal Subdivision	AUD
Legal Lot Number	8
Jurisdiction	HANCOCK IA
Township / Civil Division	MAGOR
Census Block Group	2
Census Block	2235
Census Tract	270400

Owner

Source: Hancock County records, as of September 1, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	2525 DEER AVE, WESLEY, IA 50483-7505
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Dec 21, 2020	Deed of Trust, Mortgage · Commercial Mortgage NORTHWEST BANK
May 3, 2017	Deed of Trust, Mortgage · Commercial Mortgage FIRST STATE BANK

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Oct 29, 2026

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HANCOCK IA
Property Address	705 1ST ST, CORWITH, IA 50430-7734
Transaction Type	Mortgage
Record Updated	Aug 10, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000202843
Date	Dec 21, 2020
Instrument	20-2843

Lender

Name	NORTHWEST BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

May 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HANCOCK IA
Property Address	705 1ST ST, CORWITH, IA 50430-7734
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	170701
Date	May 3, 2017
Instrument	17-0701

Lender

Name	FIRST STATE BANK
Type	Bank
Address	BRITT, IA 50423

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 3, 2047

Tax Assessment & Valuation

Source: Hancock County assessment roll, as of September 29, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Hancock County
Municipality	Corwith City
Unified School District	Algona Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,810.00 (+2.6%)	$319,210 (+12.8%) Land $19,850 Building $299,360	$319,210 (+12.8%) Land $19,850 Building $299,360
2024	$4,688.00 (+12.15%)
2023		$283,000 (+13.56%) Land $19,850 Building $263,150	$283,000 (+13.56%) Land $19,850 Building $263,150
2022	$4,180.00	$249,200 Land $19,850 Building $229,350
2021			$249,200 Land $19,850 Building $229,350

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective October 26, 2022 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 82% of Iowa
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 47 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Comm 1 Connects Fiber	1,000 / 1,000
Nextlink Fixed Wireless	300 / 100

Cell Coverage

4G LTE only, no 5G reported

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