
510 Lake St Spirit Lake, IA 51360
Estimated payment $1,421/month
Highlights
- Very Popular Property
- 1 Car Attached Garage
- Baseboard Heating
- Spirit Lake Elementary School Rated A-
- Forced Air Heating and Cooling System
- 3-minute walk to Memorial Park Splash Pad
About This Home
Great opportunity for single family residence or continue the current use of a dual rental property. Or perhaps live in one and rent the other. With R3 zoning, this opens up even more possibilities! The location of this property is key with the Splash Pad, Memorial Park, East lake and Hill Ave just down the street. Currently there is a long-term renter in the lower unit and the upper unit is being used as an AirBnB. The property comes on a huge lot and some recent upgrades include a completely updated upstairs/upper unit, as well as some new windows and exterior paint. One lower bedroom is non-conforming.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,716
Year Built
- Built in 1930
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 68x165
Parking
- 1 Car Attached Garage
Home Design
- Frame Construction
- Block Exterior
Interior Spaces
- 1,334 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 0704254023
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,646 | $142,100 | $24,500 | $117,600 |
2023 | $1,694 | $142,100 | $24,500 | $117,600 |
2022 | $1,624 | $117,400 | $24,500 | $92,900 |
2021 | $1,624 | $117,400 | $24,500 | $92,900 |
2020 | $1,568 | $110,200 | $23,100 | $87,100 |
2019 | $1,432 | $110,200 | $23,100 | $87,100 |
2018 | $1,406 | $97,800 | $19,300 | $78,500 |
2017 | $1,406 | $97,800 | $19,300 | $78,500 |
2016 | $1,384 | $94,000 | $18,300 | $75,700 |
2015 | $1,318 | $94,000 | $18,300 | $75,700 |
2014 | $1,196 | $83,400 | $18,100 | $65,300 |
2013 | $1,160 | $83,400 | $18,100 | $65,300 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/13/2025 08/13/25 | Price Changed | $239,900 | -5.9% | $180 / Sq Ft |
07/26/2025 07/26/25 | For Sale | $254,900 | +103.9% | $191 / Sq Ft |
03/31/2025 03/31/25 | Sold | $125,000 | -10.7% | $94 / Sq Ft |
01/21/2025 01/21/25 | Pending | -- | -- | -- |
12/13/2024 12/13/24 | Price Changed | $140,000 | -6.7% | $105 / Sq Ft |
11/18/2024 11/18/24 | Price Changed | $149,999 | -6.3% | $112 / Sq Ft |
10/17/2024 10/17/24 | Price Changed | $160,000 | -5.8% | $120 / Sq Ft |
09/04/2024 09/04/24 | For Sale | $169,900 | -- | $127 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $125,000 | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $140,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $1,528,800 | Stand Alone Refi Refinance Of Original Loan |
About the Listing Agent

One of the most important decisions you will make while buying, selling, or investing in real estate, is deciding on who you will entrust to be your agent.
For many years of my life, I managed a variety of different businesses. During this time, I've learned just how important service, aggressiveness, and new marketing methods are for any business, especially the real estate industry. In fact, I co-founded a software development company in 2011 (leadcity.com & signfast.com), and we are
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Source: Iowa Great Lakes Board of REALTORS®
MLS Number: 250968

APN: 07-04-254-023
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