NOT LISTED FOR SALE

406 S Lake St Lake Mills, IA 50450

Estimated Value: $220,000 - $242,000

2 Beds
3 Baths
1,890 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $165,000 $87 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,539/month

74 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • 2 Car Attached Garage
  • Lake Mills Elementary School Rated A-
  • No HOA
  • 4-minute walk to Oakwood Park

About This Home

As of October 2021

This timeless brick home features 2,780 sf of finished living space. The attached double garage walks into the family room w/a beautiful fire place and is open to the kitchen. Off the kitchen is a formal dining with tons of built-ins to display whatever your heart desires. Beautiful slate flooring separates dining from living room. The enormous master bedroom features it's own bathroom which also walks through into the guest bathroom (Jack&Jill bath). There is a second BR on main level. LL has an additional living room w/walk out to backyard, as well as two other "rooms" that could have egress windows added later and a 3/4 bath. There is a full kitchenette and laundry area and a utility room. Great location across from Salem church and next to the school. Call your favorite realtor today for a tour!

Last Agent to Sell the Property

Marisa Koppen

Realty ONE Group Black Diamond Listed on: 06/07/2021

Realty ONE Group Black Diamond

Last Buyer's Agent

Marisa Koppen

Realty ONE Group Black Diamond Listed on: 06/07/2021

Realty ONE Group Black Diamond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1969

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 25x82

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,872

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: LOT 35 & S 23 1/2' OF LOT 33 & A TRIANG PIECE IN NE COR DESC BY METES & BOUNDS NOW
  • Municipality: Lake Mills
  • Section Number: 2
  • Year Built: 1969
  • Home Warranty: No
  • OFFICELIST_ADDRESS: 406 S Lake Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-06-08
  • List Office I D: 2760
  • Sales Office I D: 2760
  • Selling Agent: 3749
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Common Walls: No
  • Appliances: Range, Wall Oven, Dishwasher, Washer, Dryer
  • Fireplaces: 1
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 3
  • Basement: Walkout, Full, Partial Finished
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Main Floor Sq Ft: 1890
  • Price Per S Q F T: 87.3
  • Above Grade Finished Sq Ft: 1890
  • Below Grade Finished Sq Ft: 900
  • Below Grade Total Sq Ft: 1890
  • Fireplace: Yes
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Family Room Level: Basement
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Brick/Stone
  • Foundation Size: 1890
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Attached Garage
  • Fuel: Natural Gas

Utilities

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

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Lake Mills
  • School District Number: 3420
  • School District Phone: 641-592-0881

Lot Info

  • New Develop: No
  • Acres: 0.39
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 25x82
  • Lot Size Sq Ft: 17119
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 2872
  • Tax Year: 2019
  • Gross Taxes: 2872

MLS Schools

  • School District: 3420 - Lake Mills
  • School District Name: Lake Mills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Oct 22, 2021
Sold by
Hagen Andrew J
Bought by
Keough Ryan A and Keough Lynne R
Seller's Agent
Marisa Koppen
Realty ONE Group Black Diamond
Buyer's Agent
Marisa Koppen
Realty ONE Group Black Diamond
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Current Estimated Value
$231,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,189
Avg. Annual Appreciation
6.72%
Original Mortgage
$147,537
Outstanding Balance
$135,702
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$76,379

Purchase Details

Closed on
Mar 5, 2019
Sold by
Haugo Beverly J
Bought by
Hagen Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.3%
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
Keough Ryan A $165,000 None Listed On Document
Hagen Andrew J $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keough Ryan A $48,500
Open Keough Ryan A $147,537
Previous Owner Hagen Andrew J $142,500
Previous Owner Nepstad Renn L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $165,000 -8.3% $87 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $179,900 0.0% $95 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $179,900 -2.8% $95 / Sq Ft
06/07/2021 06/07/21 For Sale $185,000 -- $98 / 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 $3,388 $203,360 $26,180 $177,180
2023 $3,280 $203,360 $26,180 $177,180
2022 $2,736 $165,280 $20,300 $144,980
2021 $2,858 $165,280 $20,300 $144,980
2020 $2,872 $157,410 $19,330 $138,080
2019 $3,706 $157,410 $19,330 $138,080
2018 $3,636 $192,790 $18,410 $174,380
2017 $3,364 $192,790 $18,410 $174,380
2016 $3,156 $181,420 $0 $0
2015 $3,156 $172,780 $0 $0
2014 $2,936 $172,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6002990

NoCoast MLS

APN: 0802356026