NOT LISTED FOR SALE

1320 S Lake St Lake Mills, IA 50450

Estimated Value: $84,000 - $204,000

4 Beds
1 Bath
986 Sq Ft
$165/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $45,500 $46 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $1,017/month

61 Days on Market

Highlights

  • 1 Car Detached Garage
  • Living Room
  • Dining Room
  • Lake Mills Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

An equity builder located on the south edge of Lake Mills, IA. Over 1 acre, mature trees and older outbuildings. House provides 3 bedroom, 1 bath, spacious kitchen and partial basement. It all needs work, but offers tremendous upside. A unique setting close into town. Sold 'AS IS'.

Last Listed By

Matt Wolff

Lake-Iowa Realty Listed on: 10/20/2023

Lake-Iowa Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 1.18 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 986 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Septic System

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: 11 99 23 A TR DESC AS PART OF PARCEL C IN PLAT DOC 07-1180 CONT 1.18 AC
  • Municipality: Lake Mills
  • Year Built: 1900
  • Property Includes: Property is sold strictly 'AS IS'. No warranties of any kind.
  • OFFICELIST_ADDRESS: 1320 S Lake Street
  • Distribute To Internet: Yes
  • List Office I D: 1003
  • Sales Office I D: 2608
  • Selling Agent: 4463
  • Street Designation: Street
  • Building Style: 1.5 Story
  • Special Features: None
  • Stories: 1

Interior Features

  • Common Walls: No
  • Living Area Units: Square Feet
  • Bedrooms: 4
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 1
  • Basement: Partial, Unfinished
  • Dining Room: Dining Room
  • Kitchen: Kitchen
  • Living Room: Living Room
  • Room 1: Bathroom
  • Price Per S Q F T: 46.15
  • Above Grade Finished Sq Ft: 986
  • Below Grade Total Sq Ft: 580
  • Fireplace: No
  • Total Finished Sq Ft: 986

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Description: Detached Garage, Driveway - Gravel
  • Fuel: Propane

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 1
  • Heating: Forced Air
  • Sewer: Septic System
  • Water: Well

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 1.18
  • Geo Update Timestamp: 2023-10-20
  • Total Assessed Value: 83730
  • Assessment Pending: Unknown
  • Homestead Description: None
  • Lot Dimensions: 1.18 Acres
  • Lot Size Sq Ft: 51401
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Gross Taxes: 1338
  • Net Taxes: 1338

MLS Schools

  • School District: 3420 - Lake Mills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Jan 24, 2024
Sold by
Iowa Bankers Mortgage Corp
Bought by
Krambeer Joseph J and Krambeer Regina G
Seller's Agent
Matt Wolff
Lake-Iowa Realty
Buyer's Agent
Krystle Hesse
Realty ONE Group Welcome Home
List Price
$67,400
Sold Price
$45,500
Premium/Discount to List
-$21,900
-32.49%
Total Days on Market
61
Views
198
Current Estimated Value
$162,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,759
Avg. Annual Appreciation
162.02%

Purchase Details

Closed on
Oct 1, 2008
Sold by
Skogen Jill M
Bought by
Poley Garefield E and Poley Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
Winter Vernon A
Bought by
Skogen Leo and Skogen Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.69%
Mortgage Type
Future Advance Clause Open End Mortgage

Range of Values:

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Average Value
Not Available
List Price
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
Krambeer Joseph J $45,500 None Listed On Document
Poley Garefield E $65,000 None Available
Skogen Leo $43,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krambeer Regina G $100,000
Previous Owner Carlson Amanda R $63,400
Previous Owner Stensrude Spencer C $30,000
Previous Owner Poley Garefield E $108,000
Previous Owner Skogen Leo $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $45,500 -32.5% $46 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $67,400 -- $68 / 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 $1,401 $64,810 $18,810 $46,000
2023 $1,348 $83,730 $18,810 $64,920
2022 $1,206 $67,440 $19,230 $48,210
2021 $1,262 $67,440 $19,230 $48,210
2020 $1,270 $64,220 $18,310 $45,910
2019 $1,252 $61,160 $0 $0
2018 $1,241 $61,160 $0 $0
2017 $1,134 $56,170 $0 $0
2016 $1,046 $56,170 $0 $0
2015 $1,046 $53,500 $0 $0
2014 $976 $53,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Wolff

    Seller's Agent in 2024

    Matt Wolff

    Lake-Iowa Realty

    (641) 357-7990

    131 Total Sales

    Matt Wolff
    Section Image
  • Krystle Hesse

    Buyer's Agent in 2024

    Krystle Hesse

    Realty ONE Group Welcome Home

    (641) 430-7654

    141 Total Sales

    Krystle Hesse
    Section Image
See All Agents

Map

Source: NoCoast MLS

MLS Number: NOC6312505

NoCoast MLS

APN: 0811301006

Iowa Winnebago County Lake Mills 50450

1320 S Lake St, Lake Mills, IA

Homes for Sale in Lake Mills, IA

This home is located at 1320 S Lake St, Lake Mills, IA 50450 since 20 October 2023 and is currently estimated at $162,259, approximately $164 per square foot. This property was built in 1900. 1320 S Lake St is a home located in Winnebago County with nearby schools including Lake Mills Elementary School, Lake Mills Middle School, and Lake Mills Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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