NOT LISTED FOR SALE

402 Silver Lakes Dr Fairfield, IA 52556

Estimated Value: $442,000 - $787,000

4 Beds
3 Baths
3,041 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $569,000 $187 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,578/month

42 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • Bonus Room
  • Wood Flooring
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of May 2021

Exceptional home in fabulous Silverlakes neighborhood surrounded by mature trees in a totally private setting. Close to Trails, Waterworks Park, MUM, MSAE, and the Dome Market. Lots of Light throughout this elegant home with fabulous living spaces, large rooms, and Master Bedroom suite with newly renovated Master Bath, walk in closet and meditation room. Large kitchen with open concept to an informal dining area with plenty of room for family to spend time together. 4 bedrooms and 3 bathrooms all with plenty of closet space and storage. Laundry room on upper level. Finished lower level with ballet studio or workout room, and family room. Enjoy the wonderful, private fenced in swimming pool surrounded by fruit trees and berry patches. Nice landscaping all around the property. Silverlakes HOA Fee of $300 per year covers snow removal and resurfacing the roads.

Last Agent to Sell the Property

Joanne Terrien

Village Realty Listed on: 03/11/2021

Last Buyer's Agent

Lisa Cohen

Village Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,960

Year Built

  • Built in 1989

Lot Details

  • 2.14 Acre Lot
  • Property fronts a private road
  • Few Trees

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,041 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Additional Features

  • In Ground Pool
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include snow removal
  • Association Phone (310) 514-2978
  • Property managed by Silverlakes Neighborhood Association

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,960

Year Built

Built in 1989

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: SILVERLAKES ADD LT 20
  • Municipality: Fairfield
  • Year Built: 1989
  • OFFICELIST_ADDRESS: 402 Silverlakes Drive
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-03-11
  • List Office I D: 735
  • Sales Office I D: 735
  • Selling Agent: 2405
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Drive
  • Building Style: 2 Story
  • Bedroom 1 Level: Main
  • Family Room Characteristics: Lower Level
  • Special Features: None
  • Stories: 2

Interior Features

  • Common Walls: No
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces: 1
  • Bedrooms: 4
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Bathroom Description: Main Floor Full Bath, Upper Level Full Bath, Private Master, Walk-In Shower Stall
  • Total Bathrooms: 3
  • Basement: Poured Concrete
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Bonus Room
  • Price Per S Q F T: 187.11
  • Above Grade Finished Sq Ft: 3041
  • Below Grade Finished Sq Ft: 600
  • Fireplace Chars: Living Room
  • Fireplace: Yes
  • Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Kitchen, Living Room
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Dining Room Level: Main
  • Extra Room1 Level: Lower
  • Family Room Level: Lower
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Wood
  • Pool: Below Ground, Heated, Outdoor
  • Road Frontage: Private Road
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Detached Garage, Driveway - Concrete
  • Fuel: Natural Gas
  • Garage Sq Ft: 576

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Association/Amenities

  • Complex/Development/Subdivision: Silverlakes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Association Fee YN: Yes
  • Association Fee: 300
  • Management Company: Silverlakes Neighborhood Association
  • Association Management Company Phone Number: 310-514-2978
  • Association Fee Frequency: Annually

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Fairfield
  • School District Number: 2169
  • School District Phone: 641-472-2655

Lot Info

  • New Develop: No
  • Acres: 2.14
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Description: Tree Coverage - Medium
  • Lot Dimensions: 93,218 Sq Ft
  • Lot Size Sq Ft: 93218
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 7960
  • Tax Year: 2020
  • Gross Taxes: 7960

MLS Schools

  • School District: 2169 - Fairfield
  • School District Name: Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2024
Sold by
Ross Kenneth and Ross Shelia
Bought by
Kenneth J Ross And Shelia E Ross Revocable Tr
Current Estimated Value
$640,130

Purchase Details

Listed on
Mar 11, 2021
Closed on
May 25, 2021
Sold by
Markowitz Robert K and Markowitz Carol
Bought by
Ross Kenneth and Ross Sheila
Seller's Agent
Joanne Terrien
Village Realty
Buyer's Agent
Lisa Cohen
Village Realty
List Price
$595,000
Sold Price
$569,000
Premium/Discount to List
-$26,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%
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
Kenneth J Ross And Shelia E Ross Revocable Tr -- None Listed On Document
Ross Kenneth $569,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Kenneth $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $569,000 -4.4% $187 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $595,000 -- $196 / 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 $100 $542,500 $79,600 $462,900
2023 $8,876 $542,500 $79,600 $462,900
2022 $8,188 $428,500 $79,600 $348,900
2021 $8,188 $404,000 $79,600 $324,400
2020 $7,960 $388,200 $79,600 $308,600
2019 $8,642 $390,800 $0 $0
2018 $8,282 $390,800 $0 $0
2017 $8,282 $391,300 $0 $0
2016 $8,410 $391,300 $0 $0
2015 $6,688 $304,300 $0 $0
2014 $6,688 $304,300 $0 $0
2013 $6,696 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5723443

NoCoast MLS

APN: 06-24-251-014