$350,000
SOLD MAR 7, 2025

201 Fairway Dr Clear Lake, IA 50428

4 Beds
3 Baths
1,520 Sq Ft
0.3 Acres

Recently Sold

$230 Per Sq Ft

9% Below List Price

69 Days on Market

Highlights

  • 2.5 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Dining Room
  • Living Room
  • Water Softener is Owned
  • Ceiling Fan

About This Home

As of March 2025

Here is your opportunity to own a home on one of the best areas in Shorewood Hills! Located on a large lot, high up on a hill, this beauty has everything you need. Access to the lake from the Shorewood Hills dock located across from Fairway drive corner is just one of the many benefits this home has to offer. Gorgeous natural wood flooring throughout the main and upper floors, four bedrooms all on the same level, including a master bedroom with views of the lake! Find yourself entertaining friends and family from the multi-tier deck overlooking the back yard. Or build the shop of your dreams on the large piece of land to the west of the garage. Current owner took the liberty of finishing the lower level to create a whole other living opportunity. Call your favorite real estate office today and see this one for yourself!

Last Agent to Sell the Property

Carrie Shannon

Hall Realty Listed on: 11/12/2024

Last Buyer's Agent

Carrie Shannon

Hall Realty Listed on: 11/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,397

Year Built

  • Built in 1969

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 112 x 127 x 110

Parking

  • 2.5 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,397

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Legal Description: L 15 & W1/2 L 16 BLK 2 SHOREWOOD HILLS ADD
  • Year Built: 1969
  • OFFICELIST_ADDRESS: 201 Fairway Dr
  • Distribute To Internet: Yes
  • List Office I D: 1168
  • Sales Office I D: 1168
  • Selling Agent: 3906
  • Building Style: Raised Ranch
  • Bedroom 1 Level: Upper
  • Special Features: None

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener-Owned, Disposal
  • 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: 3
  • Basement: Full, Partial Finished
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Dim: 10 x 10
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Utility Room
  • Room 2: Bathroom
  • Room 3: Bathroom
  • Room 4: Bathroom
  • Price Per S Q F T: 230.26
  • Above Grade Finished Sq Ft: 1520
  • Below Grade Finished Sq Ft: 450
  • Total Finished Sq Ft: 1520
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Dining Room Level: Main
  • Extra Room2 Level: Upper
  • Extra Room3 Level: Upper
  • Extra Room4 Level: Lower
  • Family Room Level: Lower
  • Living Room Level: Main

Exterior Features

  • Exterior: Vinyl
  • Outbuildings: Storage Shed

Garage/Parking

  • Description: Attached Garage, Driveway - Concrete
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2.5
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Condo/Co-op/Association

  • Amenities: Ceiling Fan(s)

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.3
  • Geo Update Timestamp: 2024-11-12
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Dimensions: 112 x 127 x 110
  • Lot Size Sq Ft: 13068
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024
  • Gross Taxes: 5397
  • Net Taxes: 5398

MLS Schools

  • School District: 1233 - Clear Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
May 1, 2025
Sold by
Borsheim Chad
Bought by
Chad E Borsheim Revocable Trust and Borsheim
Seller's Agent
Carrie Shannon
Hall Realty
Buyer's Agent
Carrie Shannon
Hall Realty
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%
Views
291
Current Estimated Value
$363,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,191
Avg. Annual Appreciation
7.37%
Original Mortgage
$280,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2024
Closed on
Mar 7, 2025
Sold by
Gilbert Angela R
Bought by
Borsheim Chad
Seller's Agent
Carrie Shannon
Hall Realty
Buyer's Agent
Carrie Shannon
Hall Realty
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%
Views
291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2021
Sold by
Arthur Jacquelyn K
Bought by
Gilbert Todd A and Gilbert Angela R

Purchase Details

Closed on
Apr 28, 2006
Sold by
Oykstra Bruce J and Dykstra Lorene W
Bought by
Gilbert Todd A and Gilbert Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,734
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $350,000 None Listed On Document
Administrators Deed -- None Available
Warranty Deed $194,250 None Avelable
Warranty Deed $194,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,000 Credit Line Revolving
Previous Owner $280,000 New Conventional
Previous Owner $408,961 Construction
Previous Owner $13,734 Credit Line Revolving
Previous Owner $155,600 Adjustable Rate Mortgage/ARM
Previous Owner $155,600 Adjustable Rate Mortgage/ARM
Previous Owner $13,734 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $350,000 -9.1% $230 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
11/12/2024 11/12/24 For Sale $385,000 -- $253 / 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 $5,724 $415,820 $156,720 $259,100
2023 $4,426 $415,820 $156,720 $259,100
2022 $4,112 $276,660 $62,690 $213,970
2021 $4,138 $259,390 $62,690 $196,700
2020 $4,139 $246,940 $62,690 $184,250
2019 $3,820 $0 $0 $0
2018 $3,580 $0 $0 $0
2017 $3,538 $0 $0 $0
2016 $3,370 $0 $0 $0
2015 $3,370 $0 $0 $0
2014 $3,398 $0 $0 $0
2013 $3,082 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6322987

NoCoast MLS

APN: 05-15-230-00-300