NOT LISTED FOR SALE

16552 255th Ave Spirit Lake, IA 51360

Estimated Value: $487,000 - $982,000

3 Beds
2 Baths
1,418 Sq Ft
$590/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $650,100 $458 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,682/month

33 Days on Market

Highlights

  • Lake On Lot
  • Waterfront
  • Furnished
  • Spirit Lake Elementary School Rated A-
  • Deck
  • Cottage

About This Home

As of September 2021

Diamond in the Rough! Fully Furnished 3 Bed/2 Bath East Lake Home that is move in ready! Very well maintained and a Great Location. Come make YOUR lifelong family memories in this Charming and Cute Lake Home.

Last Agent to Sell the Property

Angela Bousquet-Hinn

Hinn Real Estate License #B58083 Listed on: 05/29/2021

Co-Listed By

Rob Hinn

Hinn Real Estate License #B36926

Last Buyer's Agent

Aaron Jones

RE/MAX Lakes Realty License #B61252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 1963

Lot Details

  • 8,227 Sq Ft Lot
  • Waterfront
  • Property fronts a county road

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Roof
  • Metal Siding

Interior Spaces

  • 1,418 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lake On Lot
  • Deck
  • Patio

Utilities

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

Community Details

  • Francis Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710402010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,786

Year Built

Built in 1963

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1963
  • Levels: Two
  • Stories: 1
  • Architectural Style: Cottage
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Style: Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 458.46
  • Total Sq Ft: 1620
  • Above Grade Finished: 810
  • Below Grade Finished: 608
  • Fireplace: Yes
  • Finished Sq Ft: 1418
  • Basement Features: Walkout

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Metal Siding
  • Exterior Features: Deck, Driveway-Concrete, Patio
  • Flood Zone: Unknown
  • Road Btwn Wtr And Home: No
  • Road Frontage Type: County Road
  • Roof: Asphalt
  • Waterfront: Yes
  • Waterfront Frontage: 46.3
  • Waterfront Name: East Okoboji Lake
  • Water Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Size: 20 x 26
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Complex Development Subdivision Name: Francis Heights
  • Association Fee: Yes
  • Association Fee: 50
  • Association Fee Frequency: Yearly
  • Association Fee Includes: Other

Association/Amenities

  • Common Walls: No Common Walls

Schools

  • School District: Spirit Lake

Lot Info

  • Parcel Number: 0710402010
  • Estimated Acres: 0.19
  • Estimated Lot Dimensions: 46F x 148S x 63R x 148S
  • Lot Sq Ft: 8227

Rental Info

  • Furnished: Yes

Tax Info

  • Tax Amount: 3786
  • Tax Classification: Non-Homestead
  • Tax Year: 2020

MLS Schools

  • School District: Spirit Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Sep 2, 2021
Sold by
Bousquet Construction Llc
Bought by
Hughes David A
Seller's Agent
Angela Bousquet-Hinn
Hinn Real Estate
Buyer's Agent
Aaron Jones
RE/MAX Lakes Realty
List Price
$787,000
Sold Price
$650,100
Premium/Discount to List
-$136,900
-17.4%
Current Estimated Value
$792,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,004
Avg. Annual Appreciation
5.40%
Original Mortgage
$410,000
Outstanding Balance
$376,609
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$426,473

Purchase Details

Closed on
May 27, 2021
Sold by
Rabbe Joel S and Rabbe Kisten C
Bought by
Bousquet Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2005
Sold by
Pinaire William B and Pinaire Janet I
Bought by
Rabbe Joel S and Rabbe Kirsten C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Hughes David A $650,500 None Listed On Document
Bousquet Construction Llc $900,000 None Available
Bousquet Construction Inc $900,000 None Available
Rabbe Joel S $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes David A $410,000
Closed Hughes David A $410,000
Previous Owner Bousquet Construction Inc $900,000
Previous Owner Rabbe Joel S $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $650,100 -9.6% $458 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $719,000 -8.6% $507 / Sq Ft
05/29/2021 05/29/21 For Sale $787,000 -- $555 / 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 $4,746 $593,900 $432,800 $161,100
2023 $4,248 $593,900 $432,800 $161,100
2022 $4,150 $433,600 $308,500 $125,100
2021 $4,150 $433,600 $308,500 $125,100
2020 $3,786 $383,300 $268,600 $114,700
2019 $3,254 $383,300 $268,600 $114,700
2018 $3,204 $331,200 $223,800 $107,400
2017 $3,204 $331,200 $223,800 $107,400
2016 $3,142 $315,800 $212,600 $103,200
2015 $2,952 $315,800 $212,600 $103,200
2014 $2,878 $298,800 $210,500 $88,300
2013 $2,798 $298,800 $210,500 $88,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 210513

Iowa Great Lakes Board of REALTORS®

APN: 07-10-402-010