NOT LISTED FOR SALE

1200 W 7th Ave N Unit Includes Lots 1-7 Clear Lake, IA 50428

Estimated Value: $373,000 - $1,138,274

-- Bed
4 Baths
-- Sq Ft
8,843 Sq Ft Lot

Last Sold June 09, 2021

Last sale price $900,000

Est. 35% decrease in value since last sale

Current estimated payment $3,396/month

Highlights

  • 9 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Washer and Dryer
  • Clear Creek Elementary School Rated 9+

About This Home

As of June 2021

SHOREACRE COTTAGES 1200, 1204, 1208, 1210 & 1212 West 7th Avenue North! You will want to check out this offering of the main home with detached garages and an unobstructed lake view. Listing includes five mostly furnished rental cottages with additional income-producing options. Fabulous location off North Shore Drive across from the DNR and just South of the Highway for easy access. All cabins with detached single stall garages have a history of being fully rented year-round and have been well maintained by the owner for over thirty years. The oversized garage built in 1995 has a large loft with the potential of other living quarters. Call an agent today for an appointment to preview this rare opportunity!

Last Agent to Sell the Property

Diana Symonds

McQUAID AGENCY License #B41607000 Listed on: 04/06/2021

Last Buyer's Agent

Diana Symonds

McQUAID AGENCY License #B41607000 Listed on: 04/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,127

Year Built

  • Built in 1940

Lot Details

  • 8,843

Parking

  • 9 Car Detached Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Redwood Siding
  • Cement Board or Planked

Interior Spaces

  • Double Hung Windows
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Electric Range
  • Stove

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas, heat, snow removal, water, trash
  • Assessor Parcel Number 051145201100 Plus

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,127

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY
  • Year Built: 1940
  • Unit Suite: Includes Lots 1-7
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Windows: Double Hung
  • Kitchen Appliances: Electric Range, Refrigerator, Washer / Dryer, Stove

Exterior Features

  • Construction: Concrete Board, Redwood
  • Foundation: Block
  • Roof: Asphalt

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 9
  • Garage Parking: Detached, Off Street Parking, Private Parking
  • Parking: Garage and Off Street

Utilities

  • Air Conditioner: Central
  • Flood Insurance: Not Required
  • Heat: Forced Air, Gas
  • Utilities Sewer: City
  • Water: City
  • Separate Electric: Yes
  • Separate Heat: Yes

Condo/Co-op/Association

  • Amenities: Smoke Detectors

Lot Info

  • Total Assessed Value: 472,730
  • Estimated Lot Sq Ft: 317 X 133 More or Less
  • Parcel Number: 051145201100 Plus
  • Zoning: RG/GENERAL RES

Rental Info

  • Tenant Pays: Electric, Gas, Heat, Snow Removal, Water, Trash

Tax Info

  • Year: 2019
  • Taxes: 7,127.

MLS Schools

  • School District: Clear Lake

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $900,000 -8.8% --
04/15/2021 04/15/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $987,000 -- --
Source: Mason City Multiple Listing Service

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 $4,214 $309,660 $77,810 $231,850
2023 $4,060 $309,660 $77,810 $231,850
2022 $2,724 $259,250 $71,630 $187,620
2021 $2,448 $175,430 $21,630 $153,800
2020 $2,583 $164,020 $21,630 $142,390
2019 $2,200 $0 $0 $0
2018 $2,210 $0 $0 $0
2017 $2,222 $0 $0 $0
2016 $1,906 $0 $0 $0
2015 $1,906 $0 $0 $0
2014 $2,102 $0 $0 $0
2013 $2,030 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Diana Symonds

    McQUAID AGENCY

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Map

Source: Mason City Multiple Listing Service

MLS Number: 210182

Mason City Multiple Listing Service

APN: 05-11-452-01-100

Iowa Cerro Gordo County Clear Lake 50428

1200 W 7th Ave N Unit Includes Lots 1-7, Clear Lake, IA

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