$540,000
SOLD MAY 30, 2025

455 240th Ave Unit 103 Arnolds Park, IA 51331

3 Beds
2 Baths
1,517 Sq Ft
$833/mo HOA Fee

Recently Sold

$356 Per Sq Ft

4% Below List Price

104 Days on Market

Highlights

  • Community Boat Slip
  • Heated Indoor Pool
  • Waterfront
  • Docks
  • Lake View
  • Deck

About This Home

As of May 2025

Beautiful GROUND FLOOR condo in the Brooklyn Bridge building at Bridges Bay. Enjoy superb lake views and gorgeous sunsets while relaxing on your new deck. Being on the ground floor has numerous PERKS! No elevator necessary, and if you have pets, it's super convenient getting them outside. This 3 bed, 2 bath condo comes completely furnished/turnkey so you can walk right in on the day of closing and begin enjoying all the amenities that Bridges Bay has to offer such as the indoor and outdoor water park, 2 restaurants, fitness center, hoist space (this unit is GUARANTEED a hoist spot annually, but you have to sign up for it), and so much more. Remember, you can also rent this condo out short term as well for extra income!! As a bonus, this unit also comes with your own garage plus storage in the underground parking area. Another nice benefit is that the 3rd bedroom actually has its own window, where the interior condos are not able to offer that. Check out the pictures and video walkthrough. This building is almost finished with its exterior renovation of new siding, stone, and decks!

Last Agent to Sell the Property

Aaron Jones

RE/MAX Lakes Realty License #B61252 Listed on: 02/12/2025

Last Buyer's Agent

Rob Hinn

Hinn Real Estate License #B36926

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,008

Year Built

  • Built in 2014

Lot Details

  • Waterfront
  • 1 Common Wall
  • 07-20-482-802

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Stone Exterior Construction
  • Stick Built Home

Interior Spaces

  • 1,517 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Docks
  • Balcony
  • Deck
  • Outdoor Water Feature

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0720482002

Community Details

Overview

  • Association fees include building insurance, controlled access, dock maint, exterior maint, landscaping, lawn care, parking, security staff, shared amenities, snow removal, trash, water
  • Bridges Bay Master And Brooklyn Bridges HOA
  • Brooklyn Bridge Residence Condo Subdivision

Recreation

  • Community Boat Slip
  • Exercise Course
  • Community Pool

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,008

Year Built

Built in 2014

Lot Details

0

HOA Fees

$833 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Condominium
  • Year Built: 2014
  • Levels: One
  • Stories: 1
  • Architectural Style: Other
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cable TV, Ceiling Fan(s), Eat-in Kitchen, Kitchen Center Island, Main Floor Bedrooms, Main Floor Laundry, Walk-in Closet, Washer/Dryer Hkups, Window Coverings
  • Fireplace Features: Electric
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Bathroom Description: 3/4 Master, Private Master
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement Material: Other
  • Basement Style: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 355.97
  • Total Sq Ft: 1517
  • Above Grade Finished: 1517
  • Fireplace: Yes
  • Finished Sq Ft: 1517
  • Basement Features: None

Exterior Features

  • Construction: Poured Concrete, Stick Built
  • Construction Materials: Stone, Smart Board
  • Exterior Features: Balcony, Deck, Water Feature
  • Flood Zone: No
  • Roof: Asphalt
  • Waterfront: Yes
  • Waterfront Name: East Okoboji Lake
  • Beach Type: Rocky
  • Pool Features: Heated, Indoor, In-Ground, Outdoor, Shared
  • Water Description: Association Access

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Complex Development Subdivision Name: BROOKLYN BRIDGE RESIDENCE CONDO
  • Association Fee: Yes
  • Association Fee: 10000
  • Association Fee Frequency: Yearly
  • Association Fee Includes: Building Insurance, Controlled Access, Dock Maint, Exterior Maint, Landscaping, Lawn Care, Parking, Security Staff, Shared Amenities, Snow Removal, Trash, Water

Association/Amenities

  • Common Walls: 1 Common Wall
  • HOA Contact: Lauri Steenstra and Nate Herbst
  • H O A Name: Bridges Bay Master and Brooklyn Bridges HOA
  • Community Features: Boat Slip, Dock, Elevator(s), Exercise Room, Fire Sprinkler Sys, Hot Tub, Pool

Schools

  • School District: Okoboji

Lot Info

  • Additional Assessor Parcel Numbers: Yes
  • Additional Parcels Description: 07-20-482-802
  • Parcel Number: 0720482002
  • Estimated Acres: 0.1
  • Lot Features: Lake View, Waterfront-Deep
  • Estimated Lot Dimensions: Shared
  • Lot Sq Ft: 4530

Rental Info

  • Furnished: Yes

Tax Info

  • Tax Amount: 5008
  • Tax Classification: Homestead
  • Tax Year: 2023

MLS Schools

  • School District: Okoboji

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
May 28, 2025
Sold by
Regal Rental Properties Llc
Bought by
Ellefson Eric C
Seller's Agent
Aaron Jones
RE/MAX Lakes Realty
Buyer's Agent
Rob Hinn
Hinn Real Estate
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%
Views
260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
166.60%
Original Mortgage
$432,000
Outstanding Balance
$432,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$244,616

Purchase Details

Closed on
Dec 30, 2022
Sold by
Elmtree Properties Llc
Bought by
Regal Rental Properties Llc

Purchase Details

Closed on
Apr 22, 2022
Sold by
Gregory And Eilin Friedman Family Trust
Bought by
Elmtree Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $540,000 None Listed On Document
Warranty Deed $536,000 --
Warranty Deed $528,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,000 New Conventional
Previous Owner $424,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $540,000 -0.9% $356 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
03/19/2025 03/19/25 Price Changed $544,900 -2.7% $359 / Sq Ft
02/12/2025 02/12/25 For Sale $560,000 -- $369 / Sq Ft
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
2024 $4,762 $470,000 $85,900 $384,100
2023 $4,160 $469,200 $85,100 $384,100
2022 $3,936 $346,000 $58,300 $287,700
2021 $3,936 $347,800 $60,100 $287,700
2020 $3,816 $320,400 $49,400 $271,000
2019 $3,750 $320,400 $49,400 $271,000
2018 $3,650 $306,200 $37,900 $268,300
2017 $3,650 $306,300 $38,000 $268,300
2016 $3,378 $293,700 $36,200 $257,500
2015 $1,594 $144,300 $35,700 $108,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 250130

Iowa Great Lakes Board of REALTORS®

APN: 07-20-482-002