$950,000
SOLD AUG 19, 2024

470 N Lake Dr Watertown, SD 57201

4 Beds
3.5 Baths
1,940 Sq Ft
0.41 Acres

Recently Sold

$490 Per Sq Ft

2% Below List Price

Highlights

  • Waterfront
  • No HOA
  • Attached Garage
  • Ranch Style House

About This Home

As of August 2024

THIS STUNNING 4 BEDROOM, 4 BATH HOME WITH A FULL WALKOUT LOWER LEVEL STILL SMELLS LIKE NEW WITH ALL OF THE EXTENSIVE FRESH REMODELING! IT DEFINITELY EXUDES WARMTH AND PERSONALITY FROM THE MINUTE YOU WALK THROUGH THE DOOR. THE VIEWS ARE SECOND TO NONE AND TO DIE FOR WITH THE 100' OF GLORIOUS, UNIMPEDED LAKE KAMPESKA FRONTAGE. THE FRESHLY STAINED UPPER DECK GIVES YOU A ''BIRDS EYE'' VIEW, AND THE WALKOUT LOWER LEVEL DECK GIVES YOU SHADE AND COMFORT ON THOSE SOMETIMES ''TOO HOT'' SD SUMMER DAYS! THE BEDROOMS ARE ALL VERY GENEROUS SIZE, AND THE WILL APPRECIATE THE HIGH QUALITY FINISHES THROUGHOUT. THIS ONE IS A REALLY BEAUTIFUL HOME INSIDE AND OUT.

Last Agent to Sell the Property

Lynn Morris

THE REALTY TEAM Listed on: 07/29/2024

Last Buyer's Agent

Lynn Morris

THE REALTY TEAM Listed on: 07/29/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,905

Year Built

  • Built in 1977

Lot Details

  • 0.41 Acre Lot
  • Waterfront

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,940 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7917

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,905

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 100 X 178.15 (EFF) LF
  • Year Built: 1977
  • General Property Description:Style2: Ranch
  • General Property Description:Levels2: One
  • General Property Description:Above Grade Sq Ft: 1940.0
  • General Property Description:Waterfront YN: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • General Property Description:Basement: Full

Garage/Parking

  • Attached Garage: Yes
  • General Property Description:Garage Type2: Attached

Condo/Co-op/Association

  • Association: No
  • General Property Description:Homeowner_squote_s Association: No

Lot Info

  • Lot Size Sq Ft: 17859.6
  • Parcel #: 7917
  • ResoLotSizeUnits: Acres
  • General Property Description:Lot Size2: 100 X 178.15 (EFF) LF
  • General Property Description:Acres2: 0.41

Tax Info

  • Tax Annual Amount: 7904.7
  • Tax Year: 2023
  • Location Tax and Other Information:Tax Year2: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
Aug 14, 2014
Sold by
Meidinger Ronald A and Meidinger Linda L
Bought by
Kurse Shannon E and Kruse Cheryl L
Seller's Agent
Joy Nelson
HAUGAN NELSON REALTY, INC
Buyer's Agent
Andy Mahowald
INSIGHT REALTY GROUP
List Price
$357,000
Sold Price
$342,000
Premium/Discount to List
-$15,000
-4.2%
Current Estimated Value
$875,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,869
Avg. Annual Appreciation
8.69%
Original Mortgage
$22,200
Outstanding Balance
$17,117
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$835,566

Purchase Details

Closed on
Sep 20, 2012
Sold by
Meidinger Craig and Meidinger Melissa
Bought by
Meidinger Ronald and Meidinger Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Outstanding Balance
$44,631
Interest Rate
2.89%
Mortgage Type
New Conventional
Estimated Equity
$808,053
Source: Public Records

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Range of Values:

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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
Interfamily Deed Transfer -- First Dakota Title Wtn
Warranty Deed $301,000 First Dakota Title - Waterto
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $22,200 VA
Open $240,800 New Conventional
Previous Owner $0 No Value Available
Previous Owner $300,650 No Value Available
Previous Owner $284,000 No Value Available
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $950,000 -2.1% $490 / Sq Ft
07/29/2024 07/29/24 For Sale $969,900 +29.3% $500 / Sq Ft
12/10/2021 12/10/21 Sold $750,000 0.0% $387 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $750,000 +119.3% $387 / Sq Ft
08/14/2014 08/14/14 Sold $342,000 -4.2% $176 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $357,000 -- $184 / Sq Ft
Source: Northeast South Dakota Association 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
2025 $7,905 $654,110 $345,172 $308,938
2024 $7,905 $654,110 $345,172 $308,938
2023 $5,723 $545,091 $287,643 $257,448
2022 $5,456 $470,517 $213,069 $257,448
2021 $5,113 $430,024 $185,277 $244,747
2020 $4,732 $395,052 $168,434 $226,618
2019 $4,580 $363,431 $157,415 $206,016
2018 $4,521 $349,953 $157,415 $192,538
2017 $4,312 $349,953 $157,415 $192,538
2016 $4,303 $320,307 $149,919 $170,388
2015 $5,802 $299,382 $149,919 $149,463
2014 -- $299,382 $149,919 $149,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast South Dakota Association of REALTORS®

MLS Number: 24-6958

APN: 007917