NOT LISTED FOR SALE

306 Lake Ave Storm Lake, IA 50588

Estimated Value: $223,000 - $296,000

4 Beds
3 Baths
2,508 Sq Ft
$100/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $184,000 $73 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,643/month

153 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • 5-minute walk to Sunset Park

About This Home

As of February 2021

306 Lake Ave is a grand old dame on the historic main thoroughfare that leads to the lake. This home has a beautiful front entry with wide stairs and black railing. The dining room has a large bay of windows with a window seat. Located just a few blocks from the lake, this home is beautiful inside and out. Enjoy the living room with the brick fireplace that is the center of attention and warmth. The beautiful hardwood floors, original doors with glass knobs and detailed trim are through out the home. The enclosed front porch is a great place to enjoy rainy days. The home has hot water heat and central ac for comfortable winters and summers. The back yard is fenced, and has a large deck with a raised bed garden. Many updates have been done, inducing the roof, electrical panel, plumbing, deck, and others. Storm Lake IA homes for sale, property tours and local area information.

Last Agent to Sell the Property

Georgia Weaver

Weaver LLC Realtors License #B55786 Listed on: 06/23/2020

Last Buyer's Agent

Georgia Weaver

Weaver LLC Realtors License #B55786 Listed on: 06/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1940

Lot Details

  • 10,400 Sq Ft Lot
  • Fenced Yard
  • Landscaped with Trees
  • Garden

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Steel Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 1403329010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,480

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 2 Story
  • Property Features: Fenced Yard, Garden, Landscaping, Trees
  • Legal Description: 05-39 STORM LAKE CORP HAYES E 1/2
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Included: Stove, refrigerator, dishwasher included but not guaranteed, washer and dryer are negotiable
  • Fireplace Fuel: Wood
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished
  • Basement Rooms: 3/4 Bath
  • Main Level Rooms: Dining, Full Bath, Kitchen, Living
  • Second Level Rooms: 3/4 Bath, Full Bath
  • Total Sq Ft: 2508
  • Main Level Sq Ft: 924
  • Sq Ft Above Grade: 1883
  • Sq Ft Below Grade Finishe: 625
  • Sq Ft Below Grade Total: 924
  • Sq Ft Below Grade Unfinis: 299
  • Price Per Sq Ft: 97.72

Exterior Features

  • Exterior: Steel
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached
  • Driveway: Concrete
  • Garage Spaces: 2
  • Sq Ft Garage: 576

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Hot Water
  • Sewer Type: City
  • Water Type: City

Association/Amenities

  • Amenities: 3 Season Porch, Brick Accent, Deck, Garage Door Opener, Hardwood Floors, Porch, Smoke Detector

Schools

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

Lot Info

  • Acres: 0.24
  • Lot Sq Ft: 10400
  • Parcel Number: 1403329010
  • Zoning: Res

Tax Info

  • Gross Taxes: 3480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Feb 2, 2021
Sold by
Kelly Patrick Gordon and Kelly Sydney Rose
Bought by
Davidge Paige Elizabeth and Davidge Dwayne Maurice
Seller's Agent
Georgia Weaver
Weaver LLC Realtors
Buyer's Agent
Georgia Weaver
Weaver LLC Realtors
List Price
$192,000
Sold Price
$184,000
Premium/Discount to List
-$8,000
-4.17%
Current Estimated Value
$231,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,226
Avg. Annual Appreciation
5.32%
Original Mortgage
$174,800
Outstanding Balance
$157,278
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$75,207

Purchase Details

Closed on
Jun 29, 2018
Sold by
Salvucci James G and Sennett Marie A
Bought by
Kelly Patrick G and Kelly Sydney R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jun 2, 2016
Sold by
Neal S Mcnabb
Bought by
Salvucci James and Sennett Marie
Seller's Agent
Joseph Aube
Real Estate Specialists
Buyer's Agent
Steve Brashears
Compass Real Estate of NW IA
List Price
$144,900
Sold Price
$144,000
Premium/Discount to List
-$900
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$115,200
Interest Rate
3.66%

Purchase Details

Closed on
Sep 25, 2009
Sold by
Dvergsten Benjamin B and Dvergsten Sarah L
Bought by
Mcnabb Neal S and Mcnabb Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
5.19%
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
Davidge Paige Elizabeth $184,000 None Available
Kelly Patrick G $155,000 --
Salvucci James -- --
Mcnabb Neal S $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidge Paige Elizabeth $174,800
Previous Owner Kelly Patrick G $131,750
Previous Owner Salvucci James $115,200
Previous Owner Salvucci James --
Previous Owner Mcnabb Neal S $110,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $184,000 -0.3% $73 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $184,500 -3.9% $74 / Sq Ft
06/23/2020 06/23/20 For Sale $192,000 +33.3% $77 / Sq Ft
06/01/2016 06/01/16 Sold $144,000 -0.6% $76 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $144,900 -- $77 / 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 $4,518 $247,110 $22,000 $225,110
2023 $4,138 $247,110 $22,000 $225,110
2022 $4,012 $194,300 $22,000 $172,300
2021 $4,012 $194,300 $22,000 $172,300
2020 $3,618 $170,800 $22,000 $148,800
2019 $3,296 $170,800 $22,000 $148,800
2018 $3,290 $160,070 $20,800 $139,270
2017 $3,292 $160,070 $20,800 $139,270
2016 $3,222 $156,010 $20,800 $135,210
2015 $3,222 $150,010 $0 $0
2014 $3,034 $150,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 809688

Northwest Iowa Regional Board of REALTORS®

APN: 14-03-329-010