5113 Panorama Dr Panora, IA 50216
3
Beds
2.5
Baths
1,424
Sq Ft
0.86
Acres
Highlights
- Ranch Style House
- Wet Bar
- Community Playground
- Sun or Florida Room
- Patio
- Tile Flooring
About This Home
As of July 2025PICTURE THIS: Your very own PRIVATE PENINSULA! with a beach and over 400 ft of shoreline—a slice of paradise pie! This dreamy property is a lifestyle upgrade! With 3+1 bedrooms, 3 bathrooms, and an open-concept layout offering inspiring lake views from nearly every corner. Slider doors lead to an outdoor oasis, perfect for sipping on something special while basking in serenity. The main level offers a primary suite with its own deck, alongside another bedroom, kitchen, dining area, and a half bath. Lower level walk out features a family room with a wet bar and more stunning lake views, plus a patio space, a bedroom, an extra non-conforming bedroom, a full bath, and a sunroom. Ample storage is provided with a two-car garage and a detached garage, plus the dock, lifts and boats are included for your boating adventures. With views that make you feel like you’re living on the water itself, this home is the ultimate retreat for anyone craving the lake life at Lake Panorama. Imagine waking up to the gentle sound of water lapping against the shore, the sun casting a warm glow over the tranquil lake as you sip your morning coffee on the deck. In the evenings, gather with loved ones around a fire pit, sharing stories and laughter as the sky transforms into a canvas of stars. This peninsula paradise is more than just a home—it's an invitation to experience a lifestyle of luxury and tranquility, offering a sanctuary for the soul amidst the beauty of Lake Panorama.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,031
Year Built
- Built in 1987
Lot Details
- 0.86 Acre Lot
- Lot Dimensions are 85x355
HOA Fees
- $153 Monthly HOA Fees
Parking
- 3 Garage Spaces | 2 Attached and 1 Detached
Home Design
- Ranch Style House
Interior Spaces
- 1,424 Sq Ft Home
- Wet Bar
- Gas Log Fireplace
- Dining Area
- Sun or Florida Room
- Finished Basement
- Walk-Out Basement
- Fire and Smoke Detector
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Fire Pit
- Outdoor Storage
Utilities
- Forced Air Heating and Cooling System
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 0001860500
Community Details
Overview
- Lake Panorama Association
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2025
Closed on
Jun 30, 2025
Sold by
Randal E Walz Revocable Living Trust and Walz Randal E
Bought by
Ostrander Justin and Hardin Travis
Seller's Agent
Kane Powell
Lake Panorama Realty
Buyer's Agent
Laura Kemble
Sunset Realty
List Price
$1,499,000
Sold Price
$1,475,000
Premium/Discount to List
-$24,000
-1.6%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-75.16%
Original Mortgage
$405,000
Outstanding Balance
$324,914
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$940,560
Purchase Details
Closed on
Apr 9, 2021
Sold by
Walz Trust
Bought by
Walz Trust
Purchase Details
Closed on
Feb 9, 2005
Sold by
Randall E Walz Revocable Living Trust
Bought by
Randal E Walz Revocable Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,010
Interest Rate
3.05%
Mortgage Type
New Conventional
Similar Home in Panora, IA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,475,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | Rosenberg Jay A | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $405,000 | Construction | |
| Previous Owner | $285,000 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $227,010 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $1,475,000 | -1.6% | $1,036 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $1,499,000 | -- | $1,053 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $9,900 | $818,100 | $487,200 | $330,900 |
| 2023 | $9,900 | $818,100 | $487,200 | $330,900 |
| 2022 | $8,812 | $593,200 | $341,000 | $252,200 |
| 2021 | $8,812 | $593,200 | $341,000 | $252,200 |
| 2020 | $8,046 | $539,300 | $292,300 | $247,000 |
| 2019 | $7,756 | $0 | $0 | $0 |
| 2018 | $6,006 | $0 | $0 | $0 |
| 2017 | $6,164 | $0 | $0 | $0 |
| 2016 | $6,164 | $0 | $0 | $0 |
| 2015 | $5,840 | $407,302 | $0 | $0 |
| 2014 | $6,010 | $407,302 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Kane Powell
Lake Panorama Realty
(515) 202-4910
59 in this area
93 Total Sales
-
Seller Co-Listing Agent in 2025
Denice Powell
Lake Panorama Realty
(515) 202-3312
91 in this area
130 Total Sales
-
Buyer's Agent in 2025
Laura Kemble
Sunset Realty
(641) 757-0287
229 in this area
326 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 718230
APN: 0001860500
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