NOT LISTED FOR SALE

302 Lake Ave Storm Lake, IA 50588

Estimated Value: $264,000 - $290,000

4 Beds
4 Baths
3,108 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $210,000 $68 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,791/month

88 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating and Cooling System
  • 5-minute walk to Sunset Park
  • 2 Car Attached Garage
  • Hot Water Heating System

About This Home

As of October 2019

Lake Ave Living at its Best! Your family will find plenty of room in this spacious historic home. You will love what this home has to offer including the 4 large bedroom, 4 bathrooms, a large dining room, eat in kitchen with granite counter-tops, main floor laundry, an entertainment room on the 3rd floor, a wood burning fireplace and so much more. The attached greenhouse is perfect for those who enjoy gardening and plants. Be sure to walk out on the back deck and look at the fenced in the backyard and notice a nice fire pit, a shed for additional storage and a built in playground. From the oak and maple hardwood floors to the beautiful built-ins and leaded glass, this home has character and charm. This home is truly a must see to appreciate.

Last Agent to Sell the Property

Robert Bauer

Compass Real Estate of NW IA License #S61309 Listed on: 07/18/2019

Compass Real Estate of NW IA

Last Buyer's Agent

Georgia Weaver

Weaver LLC Realtors License #B55786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,522

Year Built

  • Built in 1916

Lot Details

  • 0.31 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Driveway

Interior Spaces

  • 3,108 Sq Ft Home
  • Multi-Level Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Schools

  • Storm Lake Elementary And Middle School
  • Storm Lake High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Hot Water Heating System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1403329011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,522

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Multi-Level 3
  • Property Features: Fenced Yard
  • Legal Description: Per Abstract
  • Year Built: 1916
  • School Middle Junior: Storm Lake
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Basement: Partial
  • Total Sq Ft: 3108
  • Main Level Sq Ft: 1679
  • Sq Ft Above Grade: 3108
  • Sq Ft Below Grade Total: 1543
  • Sq Ft Below Grade Unfinis: 1543
  • Price Per Sq Ft: 67.57

Exterior Features

  • Road Frontage: 80

Garage/Parking

  • Garage Type: Attached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 2

Utilities

  • Air Conditioning Type: Central, Window
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air, Hot Water
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Storm Lake
  • Middle School: Storm Lake
  • High School: Storm Lake

Lot Info

  • Acres: 0.31
  • Lot Sq Ft: 13600
  • Parcel Number: 1403329011

Tax Info

  • Year: 2018
  • Gross Taxes: 4522

MLS Schools

  • School Elementary: Storm Lake
  • School High: Storm Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Oct 17, 2019
Sold by
Vaudt Daniel L and Vaudt Janet M
Bought by
Schreck Shane and Schreck Michelle
Seller's Agent
Robert Bauer
Compass Real Estate of NW IA
Buyer's Agent
Georgia Weaver
Weaver LLC Realtors
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%
Current Estimated Value
$276,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,571
Avg. Annual Appreciation
7.09%
Original Mortgage
$189,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 27, 2016
Closed on
Mar 2, 2017
Sold by
Larry Luedtke
Bought by
Vaudt Daniel and Vaudt Janet
Seller's Agent
Georgia Weaver
Weaver LLC Realtors
Buyer's Agent
Robert Bauer
Compass Real Estate of NW IA
List Price
$190,500
Sold Price
$188,500
Premium/Discount to List
-$2,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$190,000
Interest Rate
4.19%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Jul 15, 2008
Sold by
Oxley Todd Duane and Oxley Laurie Lea
Bought by
Luedtke Larry M and Luedtke Anne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,100
Interest Rate
6.1%
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
Schreck Shane $210,000 --
Vaudt Daniel -- --
Luedtke Larry M $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schreck Shane D $225,000
Closed Schreck Shane $189,000
Previous Owner Vaudt Daniel L $190,000
Previous Owner Vaudt Daniel --
Previous Owner Luedtke Larry M $202,209
Previous Owner Luedtke Larry M $190,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $210,000 -0.9% $68 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
08/23/2019 08/23/19 Price Changed $212,000 -3.6% $68 / Sq Ft
07/18/2019 07/18/19 For Sale $219,900 +16.7% $71 / Sq Ft
03/02/2017 03/02/17 Sold $188,500 -1.0% $67 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $190,500 -- $67 / Sq Ft
Source: Northwest Iowa Regional 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 -- $289,060 $23,760 $265,300
2023 -- $289,060 $23,760 $265,300
2022 $0 $224,260 $23,760 $200,500
2021 $4,704 $224,260 $23,760 $200,500
2020 $4,704 $215,690 $23,760 $191,930
2019 $4,522 $210,600 $23,760 $186,840
2018 $4,522 $207,940 $22,460 $185,480
2017 $4,522 $207,940 $22,460 $185,480
2016 $4,168 $202,540 $22,460 $180,080
2015 $4,168 $194,750 $0 $0
2014 $3,922 $194,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 805818

Northwest Iowa Regional Board of REALTORS®

APN: 14-03-329-011