NOT LISTED FOR SALE

1200 W 7th Ave N Clear Lake, IA 50428

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

3 Beds
2 Baths
1,252 Sq Ft
$464/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $900,000 $719 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $3,396/month

62 Days on Market

Highlights

  • 0.98 Acre Lot
  • 1-Story Property
  • Wood Siding
  • Clear Creek Elementary School Rated 9+
  • Forced Air Heating System

About This Home

As of June 2021

SHOREACRE COTTAGES! 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

Lakeside Brokers Listed on: 04/06/2021

Last Buyer's Agent

Diana Symonds

Lakeside Brokers Listed on: 04/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,127

Year Built

  • Built in 1940

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 317 x 133

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 1,252 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Car Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,127

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: L 1-7 SHORE ACRE ADD
  • Municipality: Clear Lake
  • Year Built: 1940
  • Stories: 1 Story
  • OFFICELIST_ADDRESS: 1200 W 7th Avenue N
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-04-06
  • List Office I D: 931
  • Sales Office I D: 1108
  • Selling Agent: 3695
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Avenue
  • Building Style: Other
  • Unit 1 Air Conditioning: Central
  • Unit 1 Appliances: Range, Microwave, Exhaust Fan/Hood, Refrigerator, Washer, Dryer
  • Unit 1 Bathrooms Description: Main Floor Full Bath, 3/4 Master
  • Unit 1 Dining Room Description: Kitchen/Dining Room
  • Unit 1 Family Room Chars: Lower Level
  • Unit 1 Fireplace Chars: Gas Burning
  • Unit 1 B1 Level: Main
  • Unit 1 B2 Level: Main
  • Unit 1 B3 Level: Main
  • Unit 1 Bathrooms Three Quarter: 1
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 2
  • Unit 1 Bedrooms: 3
  • Unit 1 E1 Level: Main
  • Unit 1 E1 Name: Office
  • Unit 1 E2 Level: Main
  • Unit 1 E2 Name: Foyer
  • Unit 1 E3 Level: Main
  • Unit 1 E3 Name: Mud Room
  • Unit 1 E4 Level: Main
  • Unit 1 E4 Name: Dining Room
  • Unit 1 E5 Level: Main
  • Unit 1 E5 Name: Flex Room
  • Unit 1 E6 Level: Lower
  • Unit 1 Fireplace Number: 1
  • Unit 1 Family Room Level: Lower
  • Unit 1 Kitchen Level: Main
  • Unit 1 Living Room Level: Main
  • Unit 1 Number of Units: 1
  • Unit 1 Rooms Total: 8
  • Unit 1 Sq Ft: 1252
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: Six or More
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Basement: Full
  • Main Floor Sq Ft: 1252
  • Price Per S Q F T: 718.85
  • Above Grade Finished Sq Ft: 1252
  • Below Grade Finished Sq Ft: 425
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room
  • Three Quarter Bathrooms: 1

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Wood
  • Road Frontage: Paved Streets
  • Roof: Asphalt Shingles
  • Construction Type: Block

Garage/Parking

  • Description: Driveway - Gravel
  • Fuel: Natural Gas
  • Garage Sq Ft: 864

Utilities

  • Garage Stalls: 3
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Shared: None

Association/Amenities

  • Complex/Development/Subdivision: Shore Acre Add

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District Phone: 641-357-2181

Lot Info

  • Acres: 0.98
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 317 X 133
  • Lot Size Sq Ft: 42688.8
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Multi Family

  • Number Of Refrigerators: Six or More
  • Tenant Expenses: Cable T.V., Electricity, Fuel, Snow Removal, Trash Collection, Water
  • Total Units: 4
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Tax With Assessments: 7127.21
  • Tax Year: 2020
  • Gross Taxes: 7127

MLS Schools

  • School District: 1233 - Clear Lake
  • School District Name: Clear Lake

Range of Values:

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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% $719 / Sq Ft
04/06/2021 04/06/21 For Sale $987,000 -- $788 / Sq Ft
Source: NoCoast MLS

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

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Map

Source: NoCoast MLS

MLS Number: NOC5735070

NoCoast MLS

APN: 05-11-452-01-100