NOT LISTED FOR SALE

504 Dam Rd Arnolds Park, IA 51331

Estimated Value: $531,000 - $995,991

5 Beds
3 Baths
2,252 Sq Ft
$369/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $785,600 $349 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,069/month

6 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • 2 Car Detached Garage
  • Lake On Lot
  • Deck
  • 4-minute walk to Lower Gar State Recreation Area

About This Home

As of June 2022

LAKE MINNEWASHTA, low approach, wonderful views, 52.83 feet of lakeshore. Over 1,800 sq feet on main level, 3 bedrooms, plus a non conforming bonus room in basement, 3 bathrooms, huge living room and a great lakeside deck. Double garage as well. The house needs some TLC, but the location is worth it! Dock is included

Last Agent to Sell the Property

Matt Lippon

Jensen Real Estate License #B57818 Listed on: 04/20/2022

Co-Listed By

Amanda Lippon

Jensen Real Estate License #S69394

Last Buyer's Agent

Michael Jensen

Jensen Real Estate License #B58673

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,890

Year Built

  • Built in 1960

Lot Details

  • 7,802 Sq Ft Lot
  • Low Bank Waterfront Property
  • Waterfront

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 2,252 Sq Ft Home
  • 1-Story Property
  • Lake Views
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Lake On Lot
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 07-29-355-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,890

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: No
  • Type: Single Family Residence
  • Year Built: 1960
  • Levels: One
  • Stories: 1
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space, Partial
  • Appliances: Dishwasher, Refrigerator
  • Price Per S Q F T: 348.85
  • Total Sq Ft: 2252
  • Above Grade Finished: 1868
  • Below Grade Finished: 384
  • Finished Sq Ft: 2252
  • Basement Features: Finished-Partial

Exterior Features

  • Construction: Other(See Rmks)
  • Construction Materials: Masonite
  • Exterior Features: Deck, Dock, Driveway-Concrete
  • Flood Zone: Unknown
  • Road Frontage Type: City Street
  • Roof: Asphalt
  • Waterfront: Yes
  • Waterfront Frontage: 52.83
  • Waterfront Name: Lake Minnewashta
  • Water Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City
  • Electric: Breakers

Schools

  • School District: Okoboji

Lot Info

  • Parcel Number: 07-29-355-021
  • Estimated Acres: 0.18
  • Lot Features: Lake View, Low Bank
  • Estimated Lot Dimensions: IRREG
  • Lot Sq Ft: 7802

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 4890
  • Tax Classification: Non-Homestead
  • Tax Year: 2020

MLS Schools

  • School District: Okoboji

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2014
Sold by
Weeks Charles and Weeks Dorothy
Bought by
Peters David J and Peters Michelle M
Current Estimated Value
$830,498
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 Buyer Sale Price Title Company
Peters David J $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biff Properties Llc $746,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $785,600 +17.3% $349 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $670,000 -- $298 / 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 $7,928 $782,400 $525,900 $256,500
2023 $5,380 $782,400 $525,900 $256,500
2022 $5,064 $447,500 $262,000 $185,500
2021 $5,064 $447,500 $262,000 $185,500
2020 $4,854 $407,500 $238,100 $169,400
2019 $4,312 $407,500 $238,100 $169,400
2018 $4,248 $356,500 $198,500 $158,000
2017 $4,248 $356,500 $198,500 $158,000
2016 $3,918 $340,700 $188,500 $152,200
2015 $3,764 $340,700 $188,500 $152,200
2014 $3,556 $317,700 $186,500 $131,200
2013 -- $317,700 $186,500 $131,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 220359

Iowa Great Lakes Board of REALTORS®

APN: 07-29-355-021