NOT LISTED FOR SALE

300 3rd St Lake View, IA 51450

Estimated Value: $156,772

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold August 29, 2022

Last sale price $130,000

Est. 21% increase in value since last sale

Current estimated payment $907/month

About This Home

As of August 2022

Small is BIG! Now is your chance to Purchase this Turn Key, Well Established, Profitable, Quick Serve Restaurant in Downtown Lake View.

Last Agent to Sell the Property

Kelly Bierl

Hometown Realty License #B64536 Listed on: 03/30/2021

Last Buyer's Agent

Kelly Bierl

Hometown Realty License #B64536 Listed on: 03/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $604

Year Built

  • Built in 1972

Lot Details

  • 3,049

Parking

  • On-Street Parking

Home Design

  • Property Attached
  • Frame Construction
  • Metal Roof
  • Aluminum Siding

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Accessible Home Design

  • No Interior Steps
  • Wheelchair Ramps
  • Accessible Pathway

Additional Features

  • Restroom Available
  • 3,049 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 811033010039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$604

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Accessibility Features: No Stairs External, No Stairs Internal, Wheelchair Ramp
  • Class: COMMERCIAL
  • Property Attached: Yes
  • Type: Business Opportunity
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire Alarm, Kitchen Area, Restrooms, Smoke Detector
  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan/Hood, Freezer, Microwave, Range/Stove, Refrigerator
  • Appliances 3 Freezer: Yes
  • Appliances 4 Disposal: Yes

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Aluminum Siding
  • Exterior Features: High Traffic Location, High Visibility
  • Flood Zone: No
  • Road Frontage Type: City Street, Paved
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Features: On-Street Pkg Only

Utilities

  • Cooling: Central, Window
  • Fuel: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Lot Info

  • Current Use: Restaurant
  • Land Size Acres: 0.07
  • Land Sq Ft: 52x59
  • Parcel Number: 811033010039

Tax Info

  • Tax Amount: 604
  • Tax Classification: Commercial
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Aug 23, 2022
Sold by
Carroll Burl J and Carroll Kathleen A
Bought by
Mbkb Llc
Seller's Agent
Kelly Bierl
Hometown Realty
Buyer's Agent
Kelly Bierl
Hometown Realty
List Price
$155,000
Sold Price
$130,000
Premium/Discount to List
-$25,000
-16.13%
Current Estimated Value
$156,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,772
Avg. Annual Appreciation
6.17%
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
Mbkb Llc $18,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $130,000 -16.1% --
07/20/2022 07/20/22 Pending -- -- --
03/30/2021 03/30/21 For Sale $155,000 -- --
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
2025 $910 $117,680 $17,730 $99,950
2024 $910 $67,060 $4,840 $62,220
2023 $666 $67,060 $4,840 $62,220
2022 $646 $45,070 $4,840 $40,230
2021 $646 $45,070 $4,840 $40,230
2020 $604 $41,210 $4,840 $36,370
2019 $592 $41,210 $4,840 $36,370
2018 $594 $39,630 $0 $0
2017 $594 $32,670 $0 $0
2016 $496 $32,670 $0 $0
2015 $496 $33,620 $0 $0
2014 $512 $33,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 210151

Iowa Great Lakes Board of REALTORS®

APN: 811033010039