NOT LISTED FOR SALE

178 W Bay Rd Lake Park, IA 51347

Estimated Value: $483,000 - $579,086

3 Beds
2.5 Baths
2,168 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $508,500 $235 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,435/month

134 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Beach Access
  • Lake On Lot
  • Harris-Lake Park High School Rated A-
  • Open-Concept Dining Room
  • Lake View

About This Home

As of March 2024

This is the life! Enjoy low maintenance lakeshore living in this 3 bed 2.5 bath duplex in West Bay Estates on Silver Lake. This property sits on the Southwest shore, overlooking Silver Lake and DNR lands to the north, along with great sunsets from the deck of this west unit. Lakeside you will find a large patio with low approach to the dock. Connecting your interior and exterior living spaces is important for lakeshore living, this property accommodates this well with a walk out lower level and covered deck. The main living space flows nicely for conversation from the kitchen, dining, and living, with easy access to the covered deck and lakeshore just off the kitchen. There is a 1/2 bath off the main living space, plus a primary bedroom finishing off the main level. The primary bedroom has an upgraded bath, including tile shower and soaker tub, plus a walk in closet. There is an open staircase with accent wall inviting you to the lower level, which offers 2 additional bedrooms, a full bath, and a large family room with beautiful gas fireplace. Whether your looking for your weekend home, or year around home, this one is worth a look!

Last Agent to Sell the Property

Seth Hellinga

Real Estate Unlimited License #B61299 Listed on: 09/08/2023

Real Estate Unlimited

Last Buyer's Agent

Sean Kondrath

Real Estate Unlimited License #S71353

Real Estate Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,664

Year Built

  • Built in 2020 | Remodeled

Lot Details

  • 4,574 Sq Ft Lot
  • Low Bank Waterfront Property
  • 1 Common Wall
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 2,168 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Open-Concept Dining Room
  • Lake Views
  • Walkup Attic
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Beach Access
  • Lake On Lot
  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • West Bay Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0132301033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,664

Year Built

Built in 2020 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Exclusions: No
  • Property Attached: No
  • Type: Duplex
  • Year Built: 2020
  • Levels: One
  • Stories: 1
  • Architectural Style: Other
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Garage Door Opener, Kitchen Center Island, Main Floor Bedrooms, Pantry, Smoke Alarms, Vaulted Ceilings, Walk-in Closet, Walk-up Attic, Washer/Dryer Hkups, Window Coverings
  • Fireplace Features: Gas
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Private Master
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walkout
  • Dining Room: Combine Living Room, Combine with Kitchen, Open Floor Plan
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Price Per S Q F T: 234.55
  • Total Sq Ft: 2168
  • Above Grade Finished: 1084
  • Below Grade Finished: 1084
  • Fireplace: Yes
  • Finished Sq Ft: 2168
  • Basement Features: Daylight/Lookout Wnd, Egress Windows, Finished-Full, Sump Pump, Walkout
  • Additional Sq Ft Finished Sq Ft Basement: 1084
  • Additional Sq Ft Finished Sq Ft Lower: 1084
  • Additional Sq Ft Finished Sq Ft Main: 1084
  • Additional Sq Ft Total Sq Ft Basement: 1084
  • Additional Sq Ft Total Sq Ft Lower: 1084
  • Additional Sq Ft Total Sq Ft Main: 1084

Exterior Features

  • Construction: Frame/Wood, Stick Built
  • Construction Materials: Smart Board
  • Exterior Features: Deck, Dock, Driveway-Concrete, Patio
  • Flood Zone: No
  • Road Btwn Wtr And Home: No
  • Road Frontage Type: City Street
  • Roof: Asphalt
  • Waterfront: Yes
  • Waterfront Frontage: 37.7
  • Waterfront Name: Silver Lake (Lake Park)
  • Beach Type: Rocky
  • Water Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Size: 20x25
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Complex Development Subdivision Name: West Bay Estates
  • Association Fee: No

Association/Amenities

  • Common Walls: 1 Common Wall

Schools

  • School District: Harris Lake Park

Lot Info

  • Additional Assessor Parcel Numbers: No
  • Parcel Number: 0132301033
  • Estimated Acres: 0.11
  • Lot Features: Accessible Shoreline, Cul De Sac, Lake View, Low Bank
  • Estimated Lot Dimensions: F37.7, R30, S128
  • Lot Sq Ft: 4574
  • New Development: No

Rental Info

  • Land Lease: No
  • Furnished: No

Tax Info

  • Tax Amount: 4664
  • Tax Classification: Homestead
  • Tax Year: 2021

MLS Schools

  • School District: Harris Lake Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2023
Sold by
Gay Brian Robert and Gay Darya V
Bought by
Haggart Tamara Kaye and Jensen Michael
Current Estimated Value
$540,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,800
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2020
Closed on
Mar 23, 2021
Sold by
Hellinga Homebuilders Llc
Bought by
Gay Brian Robert and Gay Darya V
Seller's Agent
Seth Hellinga
Real Estate Unlimited
Buyer's Agent
Seth Hellinga
Real Estate Unlimited
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$316,000
Interest Rate
2.9%
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
Haggart Tamara Kaye $508,500 None Listed On Document
Gay Brian Robert $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haggart Tamara Kaye $406,800
Previous Owner Gay Brian Robert $316,000
Previous Owner Hellinga Homebuilders Llc $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $508,500 -5.7% $235 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
10/12/2023 10/12/23 Price Changed $539,000 -3.6% $249 / Sq Ft
09/08/2023 09/08/23 For Sale $559,000 +41.5% $258 / Sq Ft
03/23/2021 03/23/21 Sold $395,000 0.0% $183 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $395,000 -- $183 / 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 $5,904 $456,100 $116,400 $339,700
2023 $4,664 $456,100 $116,400 $339,700
2022 $2,128 $346,900 $50,700 $296,200
2021 $2,128 $163,400 $50,700 $112,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 231019

Iowa Great Lakes Board of REALTORS®

APN: 0132301033