$239,900
$15K PRICE DROP

510 Lake St Spirit Lake, IA 51360

Estimated payment $1,421/month

Total Views 24,912
3 Beds
2 Baths
1,334 Sq Ft
$180 Price per Sq Ft

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.

Listing Agent

Aaron Jones

RE/MAX Lakes Realty License #B61252 Listed on: 07/26/2025

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,716

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: Yes
  • Type: Single Family Residence
  • Year Built: 1930
  • Levels: Two
  • Stories: 2
  • Architectural Style: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 179.84
  • Total Sq Ft: 1848
  • Above Grade Finished: 1334
  • Finished Sq Ft: 1334
  • Basement Features: Unfinished

Exterior Features

  • Construction: Concrete Block, Frame/Wood
  • Construction Materials: Other
  • Flood Zone: Unknown
  • Waterfront: No

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 1

Utilities

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

Schools

  • School District: Spirit Lake

Lot Info

  • Parcel Number: 0704254023
  • Estimated Acres: 0.26
  • Estimated Lot Dimensions: 68x165
  • Lot Sq Ft: 11220

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1716
  • Tax Classification: Non-Homestead
  • Tax Year: 2023

MLS Schools

  • School District: Spirit Lake

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

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
Source: Iowa Great Lakes Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 None Listed On Document
Source: Public Records

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
Source: Public Records

About the Listing Agent

Aaron Jones

RE/MAX Lakes Realty

(712) 484-8973

Section Image

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

Iowa Great Lakes Board of REALTORS®

APN: 07-04-254-023