NOT LISTED FOR SALE

11049 E Village Cir Spirit Lake, IA 51360

Estimated Value: $913,904 - $1,042,000

3 Beds
3 Baths
2,272 Sq Ft
$428/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $995,000 $438 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,902/month

70 Days on Market

Highlights

  • Beach Access
  • Sandy Beach
  • Lake On Lot
  • Spirit Lake Elementary School Rated A-
  • Open-Concept Dining Room
  • 25,918 Sq Ft lot

About This Home

As of May 2024

Capture lakeside living in this property sitting on 50 ft. of sandy beach on the pristine shores of Big Spirit Lake. Offering a harmonious blend of contemporary elegance and tranquil waterfront serenity, this home presents an idyllic retreat like no other. With three bedrooms, three bathrooms, and a versatile loft area, this residence provides ample room for all. Upon entry you are greeted by a living room which offers a floor-to-ceiling stone fireplace surround which creates a cozy and welcoming ambiance to relax and entertain. The kitchen is a culinary haven, showcasing modern amenities such as custom cabinetry, an upgraded appliance package, heated tile floors and luxurious quartz countertops. The sunroom with vaulted, planked ceilings which is open to the kitchen and living areas beckons with panoramic sunset waterfront views, providing a year-round retreat to soak in the beauty of the outdoors. Other recent interior renovations include new flooring throughout the entire home and modernized bathrooms with solid surface countertops & heated floors, demonstrating a commitment to superior quality and aesthetics. An attached over-sized single stall provides convenient year-round parking. There is also a substantial heated and cooled 960 sq. ft. detached garage complete with a dedicated workshop area which caters to hobbyists, car enthusiasts, and those in need of additional storage space. An oversized shed on the property offers storage options, keeping your belongings organized and secure. Featuring a remarkable land depth of 518 feet, this property allows for privacy, expansion opportunities, and a greater connection to nature. Impeccable attention to detail and craftsmanship is evident throughout the property, ensuring a high standard of living. This remarkable property presents an opportunity to embrace the quintessential lakeside lifestyle. Whether you seek a permanent residence or a luxurious vacation sanctuary, this lakefront haven on Big Spirit Lake awaits. Properties with waterfront sandy beaches, western exposure to witness some of the best sunsets in the Midwest and a surplus of land, do not come up often. Do not miss the chance to make this captivating oasis your very own!

Last Listed By

Tonya Vakulskas

Keller Williams Okoboji License #B44992 Listed on: 01/04/2024

Keller Williams Okoboji

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,984

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 50x518
  • Property fronts a county road
  • Sandy Beach
  • Level Lot

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Asphalt Roof
  • Stick Built Home
  • Hardboard

Interior Spaces

  • 2,272 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Open-Concept Dining Room
  • Tile Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Beach Access
  • Lake On Lot
  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 0314227005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,984

Year Built

Built in 1986 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Remodeled Addition: Yes, See Remarks
  • Type: Single Family Residence
  • Year Built: 1986
  • Levels: One and One Half
  • Other Structures: Additional Garage, Storage
  • Stories: 1.5
  • Architectural Style: 1.5 STORY
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Garage Door Opener, Kitchen Center Island, Main Floor Bedrooms, Main Floor Laundry, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hkups
  • Fireplace Features: Gas
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Bathroom Description: Full Master, Main Floor 3/4 Bath, Main Floor Full Bath
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Dining Room: Breakfast Bar, Combine Living Room, Eat-in, Open Floor Plan
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Price Per S Q F T: 437.94
  • Total Sq Ft: 2272
  • Above Grade Finished: 2272
  • Fireplace: Yes
  • Finished Sq Ft: 2272

Exterior Features

  • Construction: Stick Built
  • Construction Materials: Hardboard
  • Exterior Features: Deck, Dock, Driveway-Concrete, Driveway-Gravel, Driveway-Shared
  • Flood Zone: No
  • Road Btwn Wtr And Home: No
  • Road Frontage Type: County Road
  • Roof: Asphalt
  • Waterfront: Yes
  • Waterfront Frontage: 50
  • Waterfront Name: Big Spirit Lake
  • Beach Type: Sand
  • Water Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Size: 324 + 960
  • Garage Spaces: 3

Utilities

  • Cooling: Central
  • Fuel: Propane
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Rural/Municipality
  • Electric: Breakers

Schools

  • School District: Spirit Lake

Lot Info

  • Parcel Number: 0314227005
  • Estimated Acres: 0.6
  • Lot Features: Accessible Shoreline, Level, Waterfront-Shallow
  • Estimated Lot Dimensions: 50x518
  • Lot Sq Ft: 25918

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 4984
  • Tax Classification: Homestead
  • Tax Year: 2021

MLS Schools

  • School District: Spirit Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
May 3, 2024
Sold by
Kathleen A Olson Family Trust and Olson Lansing E
Bought by
Wattier Michael David
Seller's Agent
Tonya Vakulskas
Keller Williams Okoboji
Buyer's Agent
Marilyn Strickland
Hoien Realty
List Price
$995,000
Sold Price
$995,000
Total Days on Market
70
Views
581
Current Estimated Value
$972,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,024
Avg. Annual Appreciation
-2.15%
Original Mortgage
$796,000
Outstanding Balance
$789,136
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$183,840

Purchase Details

Closed on
Dec 21, 2021
Sold by
Olson Lansing E and Olson Kathleen A
Bought by
Lansing E Olson And Kathleen A Olson Family T and Olson Kathleen A

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wattier Michael David $995,000 None Listed On Document
Lansing E Olson And Kathleen A Olson Family T -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wattier Michael David $796,000
Previous Owner Olson Lance E $10,000
Previous Owner Olson Lance E $10,000
Previous Owner Olson Lance E $112,000
Previous Owner Olson Lance E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $995,000 0.0% $438 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $995,000 -- $438 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,464 $692,500 $404,500 $288,000
2023 $5,106 $688,300 $404,500 $283,800
2022 $4,984 $535,500 $323,600 $211,900
2021 $4,984 $535,500 $323,600 $211,900
2020 $4,430 $458,300 $262,000 $196,300
2019 $4,396 $458,300 $262,000 $196,300
2018 $4,344 $457,100 $262,000 $195,100
2017 $4,344 $457,100 $262,000 $195,100
2016 $4,198 $436,100 $248,900 $187,200
2015 $3,980 $436,100 $248,900 $187,200
2014 $3,856 $408,500 $246,300 $162,200
2013 $3,734 $408,500 $246,300 $162,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 240009

Iowa Great Lakes Board of REALTORS®

APN: 03-14-227-005