NOT LISTED FOR SALE

2511 Lakeshore Dr Milford, IA 51351

Estimated Value: $524,000 - $3,099,000

5 Beds
5.5 Baths
4,968 Sq Ft
$475/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $2,850,000 $574 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $12,719/month

95 Days on Market

Highlights

  • Lake On Lot
  • 2 Car Attached Garage
  • Gas Fireplace
  • Waterfront
  • Forced Air Heating and Cooling System
  • 1-minute walk to West Okoboji Lake Wildlife Management Area

About This Home

As of March 2024

Enjoy perfect Okoboji days in this West Lake sanctuary with soul-satisfying views. This prime setting provides the utmost privacy with approx. 145’ lakeside, distanced dock neighbors and the secluded community of Eagle Point. The calm waters of the bay are easily within reach with just five steps to the dock. With an abundance of lakeside spaces and windows galore, the home takes full advantage of the knockout panoramic vistas and the signature Saturday night fireworks. There is no shortage of space inside the home either – the sprawling oasis has three levels of living and features 5 bedrooms and 5.5 bathrooms, including two en-suite, plus a main-level lakeside master suite with fireplace. Topping the allure is an exceptional wraparound screened porch. This property is a dream for entertainers and relaxation enthusiasts alike!

Last Agent to Sell the Property

Ryan Maris

Okoboji Realty License #S66635 Listed on: 05/12/2023

Last Buyer's Agent

Non Member

Non Member License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,620

Year Built

  • Built in 1995

Lot Details

  • 0.34 Acre Lot
  • Waterfront
  • 06-25-181-019

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 4,968 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Lake On Lot

Utilities

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

Community Details

  • Lakewood Park Association, Phone Number (712) 339-5830

Listing and Financial Details

  • Assessor Parcel Number 06-25-181-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,620

Year Built

Built in 1995

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1995
  • Levels: Three Or More
  • Stories: 2
  • Architectural Style: TWO STORY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas
  • Total Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Basement Material: Concrete Block
  • Basement Style: Walkout
  • Price Per S Q F T: 573.67
  • Total Sq Ft: 5502
  • Above Grade Finished: 3668
  • Below Grade Finished: 1300
  • Fireplace: Yes
  • Finished Sq Ft: 4968
  • Basement Features: Finished-Partial

Exterior Features

  • Construction: Stick Built
  • Construction Materials: Brick, Vinyl Siding
  • Flood Zone: Unknown
  • Roof: Asphalt
  • Waterfront: Yes
  • Waterfront Name: West Okoboji Lake
  • Water Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2

Utilities

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

Association/Amenities

  • HOA Contact: Pres. Joe Meyer joey.meyer@purefishing.com
  • H O A Name: Lakewood Park Association
  • H O A Phone: 712.339.5830

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 40
  • Association Fee Frequency: Yearly

Schools

  • School District: Okoboji

Lot Info

  • Additional Assessor Parcel Numbers: Yes
  • Additional Parcels Description: 06-25-181-019
  • Parcel Number: 06-25-181-018
  • Estimated Acres: 0.35
  • Estimated Lot Dimensions: 30' x 12' x 130' x 130' & 55' x 34' x 140' x 140'
  • Lot Sq Ft: 14980

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 27620
  • Tax Classification: Non-Homestead
  • Tax Year: 2021

MLS Schools

  • School District: Okoboji

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Mar 12, 2024
Sold by
Ashbrook Elaine L and Ashbrook Christopher E
Bought by
Tamisiea Reid and Tamisiea Sara
Seller's Agent
Ryan Maris
Okoboji Realty
Buyer's Agent
Non Member
Non Member
List Price
$3,350,000
Sold Price
$2,850,000
Premium/Discount to List
-$500,000
-14.93%
Views
306
Current Estimated Value
$1,983,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$866,911
Avg. Annual Appreciation
-17.86%
Original Mortgage
$1,250,000
Outstanding Balance
$1,236,729
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$931,534
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
Tamisiea Reid -- None Listed On Document
Tamisiea Reid $2,850,000 Iowa Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamisiea Reid $1,250,000
Closed Tamisiea Reid $1,250,000
Previous Owner Ritchey Gregory M $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $2,850,000 -14.9% $574 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $3,350,000 -- $674 / 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 $22,292 $2,362,700 $1,324,800 $1,037,900
2023 $19,246 $2,362,700 $1,324,800 $1,037,900
2022 $19,378 $1,725,200 $953,900 $771,300
2021 $19,378 $1,725,200 $953,900 $771,300
2020 $18,126 $1,664,100 $953,900 $710,200
2019 $16,712 $1,664,100 $953,900 $710,200
2018 $16,188 $1,505,100 $794,900 $710,200
2017 $16,188 $1,505,100 $794,900 $710,200
2016 $14,636 $1,437,100 $755,100 $682,000
2015 $14,034 $1,437,100 $755,100 $682,000
2014 $13,078 $1,320,100 $747,200 $572,900
2013 -- $1,320,100 $747,200 $572,900
Source: Public Records

Agents Affiliated with this Home

  • Ryan Maris

    Seller's Agent in 2024

    Ryan Maris

    Okoboji Realty

    (712) 330-9572

    2 in this area

    71 Total Sales

    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Non Member

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 230436

Iowa Great Lakes Board of REALTORS®

APN: 06-25-181-018

Iowa Dickinson County Milford 51351

2511 Lakeshore Dr, Milford, IA

This home is located at 2511 Lakeshore Dr, Milford, IA 51351 since 12 May 2023 and is currently estimated at $2,360,150, approximately $475 per square foot. This property was built in 1995. 2511 Lakeshore Dr is a home located in Dickinson County with nearby schools including Okoboji Elementary School, Okoboji Middle School, and Okoboji 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.

Iowa Great Lakes Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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