$455,000
SOLD NOV 14, 2024

5038 Fairway Dr Panora, IA 50216

5 Beds
3.5 Baths
1,712 Sq Ft
0.37 Acres

Recently Sold

$266 Per Sq Ft

10% Below List Price

181 Days on Market

Highlights

  • Spa
  • Ranch Style House
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • Mud Room

About This Home

As of November 2024

Move in Ready Off-Shore home includes a highly coveted boat slip lease at Panorama Marina! This property is located on the stunning Lake Panorama National Golf Course and a short golf cart ride to Boulder Beach, has so much to offer & so close to home! Just a quick 2 minute drive to the marina, hop in your boat and have an amazing day on the lake or spend some time on the golf course working on that game! As you walk into this warm and inviting 5 bedroom, 3 bath home with wood flooring and an open feel, you will find the living room hosts a gas fireplace, a great dining area plus kitchen featuring stainless steel appliances and quartz countertops. The main floor has three bedrooms, the owner’s suite with a walk-in closet and full bath, two guest rooms and full bath off the hallway. The lower level provides so much more living space. A wonderful entertainment room, with a second kitchen and tons of cabinet space. Two bedrooms, a bathroom and a large storage room round out the lower level. Don’t miss the 2 plus car garage with golf cart door on the side giving you ample storage options. Last, but not least, unwind on the large deck or in the hot tub after a long day. Don’t let this one pass you by, schedule a private showing today.

Last Agent to Sell the Property

Dave Wagler

Sunset Realty Listed on: 04/05/2024

Co-Listed By

Laura Kemble

Sunset Realty

Last Buyer's Agent

Kane Powell

Lake Panorama Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,114

Year Built

  • Built in 2001

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 91x180
  • Property is zoned RR

HOA Fees

  • $116 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof

Interior Spaces

  • 1,712 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Family Room Downstairs
  • Dining Area

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • Lake Panorama Association

Listing and Financial Details

  • Assessor Parcel Number 0001901500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,114

Year Built

Built in 2001

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 275.70
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 265.77
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, Hardwood Floors
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 1712
  • Sq Ft Fin Bsmt: 1275
  • Dining Room: Dining Areas
  • Family Room: 1st Floor, Lower Level
  • Other Rooms: Mud Room
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Living Area Sq Ft: 1712
  • Total Sq Ft: 1712

Exterior Features

  • Exterior Features: Deck, Hot Tub
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 696
  • Garage: 2 Attached

Utilities

  • Sewer: Septic
  • Water: Community
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: 1397.2600
  • Association Fee Term: Year
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Lake Panorama Association
  • Management Firm: Lake Panorama Association

Schools

  • School District: Panorama Community

Lot Info

  • Acres: 0.3700
  • Lot S F: 16380
  • Lot Size: 91X180
  • Assessor Parcel Number: 0001901500
  • Zoning: RR

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 5113.88
  • Net Taxes: 4984.00
  • Tax Year: 2023

MLS Schools

  • School District: Panorama Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Nov 13, 2024
Sold by
Grove David J and Grove Sara M
Bought by
Luke Rental Properties Llc
Seller's Agent
Dave Wagler
Sunset Realty
Buyer's Agent
Kane Powell
Lake Panorama Realty
List Price
$507,500
Sold Price
$455,000
Premium/Discount to List
-$52,500
-10.34%
Views
144
Current Estimated Value
$515,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,651
Avg. Annual Appreciation
17.16%

Purchase Details

Closed on
Jun 12, 2012
Sold by
Underwood Michael and Underwood Cara A
Bought by
Grove David J and Grove Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Warranty Deed $455,000 None Listed On Document
Warranty Deed $240,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Previous Owner $200,000 New Conventional
Previous Owner $216,000 New Conventional
Previous Owner $100,000 Construction
Previous Owner $224,000 New Conventional
Previous Owner $2,259,668 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 Sold $455,000 -3.6% $266 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $472,000 -3.1% $276 / Sq Ft
06/06/2024 06/06/24 Price Changed $487,000 -2.0% $284 / Sq Ft
04/29/2024 04/29/24 Price Changed $497,000 -2.1% $290 / Sq Ft
04/05/2024 04/05/24 For Sale $507,500 -- $296 / Sq Ft
Source: Des Moines Area 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
2024 $4,816 $409,100 $80,100 $329,000
2023 $4,984 $409,100 $80,100 $329,000
2022 $4,236 $288,200 $40,000 $248,200
2021 $4,236 $288,200 $40,000 $248,200
2020 $4,038 $273,300 $30,000 $243,300
2019 $4,066 $0 $0 $0
2018 $3,604 $0 $0 $0
2017 $3,268 $0 $0 $0
2016 $3,268 $0 $0 $0
2015 $3,096 $232,000 $0 $0
2014 $3,396 $232,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 692565

Des Moines Area Association of REALTORS®

APN: 0001901500