NOT LISTED FOR SALE

5224 Panorama Terrace Panora, IA 50216

Estimated Value: $359,000 - $500,000

3 Beds
2 Baths
1,576 Sq Ft
$288/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $402,000 $255 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,151/month

28 Days on Market

Highlights

  • Deck
  • Dining Area
  • Gas Fireplace
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of November 2021

Offshore homes in the heart of Lake Panorama are hard to find, but wait until you see this fully-updated cottage-style home with LAKE VIEWS! It’s on a pretty lot, tucked among mature trees, and is just a short golf cart ride to the marina, Lake Panorama National Golf Course, and the Boulder Beach recreation area. The character and charm inside this beautifully renovated home will impress you with so many “must see” details! The open concept kitchen is a show stopper with both granite and butcher block counters, arched alcove cooking area, and curved island with room for four barstools – and it opens onto a large deck with lake views – stunning! The sunroom/family room is a great place to watch TV, read a good book or hang with family and friends. Plus, you will love the lower level master suite with sitting area, it’s your personal retreat from the world with soaker tub, double closets & space galore! So many great updates and improvements, ask for the list!

Last Agent to Sell the Property

Laura Kemble

Sunset Realty Listed on: 10/19/2021

Co-Listed By

Dave Wagler

Sunset Realty

Last Buyer's Agent

Dave Wagler

Sunset Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,447

Year Built

  • Built in 1973

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 103x152
  • Property is zoned rr

HOA Fees

  • $101 Monthly HOA Fees

Home Design

  • Split Level Home
  • Block Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,576 Sq Ft Home
  • Gas Fireplace
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • Lake Panorama Association, Phone Number (641) 755-2301

Listing and Financial Details

  • Assessor Parcel Number 0001879200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,447

Year Built

Built in 1973

Lot Details

0

HOA Fees

$101 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Split Level
  • Lp Amt Sq Ft: 253.17
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 255.08
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Direct Vent Gas
  • Fireplaces: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 1288
  • Sq Ft Fin Bsmt: 600
  • Dining Room: Dining Areas
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1576
  • Total Sq Ft: 1576

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1207.0000
  • Association Fee Term: Year
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Lake Panorama Association
  • Management Firm: Lake Panorama Association
  • Management Firm Phone: 641-755-2301

Schools

  • School District: Panorama Community

Lot Info

  • Acres: 0.3600
  • Lot S F: 15638
  • Lot Size: 103X152
  • Assessor Parcel Number: 0001879200
  • 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: 3446.78
  • Net Taxes: 3446.00
  • Tax Year: 2020

MLS Schools

  • School District: Panorama Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Nov 13, 2021
Sold by
Carter and Karen
Bought by
Davis Larry S and Davis Phyllis A
Seller's Agent
Laura Kemble
Sunset Realty
Buyer's Agent
Dave Wagler
Sunset Realty
List Price
$399,000
Sold Price
$402,000
Premium/Discount to List
$3,000
0.75%
Current Estimated Value
$488,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,285
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Jun 18, 2012
Sold by
Wall Terry E
Bought by
Lehman Muriel
Source: Public Records

Range of Values:

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Average Value
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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
Davis Larry S $402,000 None Listed On Document
Lehman Muriel $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Dale $234,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $402,000 +0.8% $255 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $399,000 +36.2% $253 / Sq Ft
09/14/2020 09/14/20 Sold $293,000 -2.3% $186 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $299,999 +34.8% $190 / Sq Ft
09/02/2016 09/02/16 Sold $222,500 -7.3% $150 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $240,000 -- $162 / 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 $4,508 $378,100 $21,400 $356,700
2023 $4,508 $378,100 $21,400 $356,700
2022 $4,362 $287,600 $18,700 $268,900
2021 $4,362 $287,600 $18,700 $268,900
2020 $3,272 $214,300 $13,400 $200,900
2019 $3,292 $0 $0 $0
2018 $2,612 $0 $0 $0
2017 $1,606 $0 $0 $0
2016 $1,606 $0 $0 $0
2015 $1,524 $103,306 $0 $0
2014 $1,570 $103,306 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 639894

Des Moines Area Association of REALTORS®

APN: 0001879200