NOT LISTED FOR SALE

5323 Panorama Terrace Panora, IA 50216

Estimated Value: $651,000 - $794,000

3 Beds
3 Baths
1,388 Sq Ft
$530/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $747,000 $538 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,998/month

53 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Community Playground
  • Ranch Style House
  • Wet Bar
  • Security Service

About This Home

As of May 2024

Spectacular Views of Lake Panorama’s Main Basin! This classic ranch style waterfront home on the lake’s East side has unobstructed views of both the lake and Panorama’s South Shoreline. The layout of this 1388 SQ FT home is efficient & functional with 2 BR & 2BA on the main level (including the master suite), along with an expansive great room w/electric fireplace & walk-out to the newer lakeside deck. The galley style kitchen has great storage you will need for all the supplies to entertain at the lake this summer! Another almost 1000 SQ FT of finished space in the lower level features a huge bedroom, a ¾ BA, family room w/wet bar area, a non-conforming bedroom, laundry room & lots of storage areas! The location of this home couldn’t be better. Within minutes, you could be shopping in town, standing on the tee box at Lake Panorama National Golf Course, eating at The Links Restaurant or playing a game of Pickleball at the Boulder Beach Sports Courts. You could be enjoying the summer sun & fun of lake life & watching magnificent sunsets from the deck of your lake home. Don’t miss out!

Last Listed By

Laura Kemble

Sunset Realty Listed on: 02/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,042

Year Built

  • Built in 1974

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 90x372
  • Property is zoned RR

HOA Fees

  • $146 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,388 Sq Ft Home
  • Wet Bar
  • Electric Fireplace
  • Family Room Downstairs
  • Dining Area
  • 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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Storage

Utilities

  • Central Air
  • Radiant Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0001874200

Community Details

Overview

  • Lake Panorama Association

Recreation

  • Community Playground

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,042

Year Built

Built in 1974

Lot Details

0

HOA Fees

$146 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 587.18
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 538.18
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Electric
  • Fireplaces: 1
  • Interior Amenities: Carpeting, Smoke Detector, Tile Floors, Wet Bar
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 2
  • Partial Bath 1st Floor: 1
  • Partial Bath Lower: 1
  • Basement Description: Finished, Walkout
  • Sq Ft Bsmt: 1388
  • Sq Ft Fin Bsmt: 925
  • Dining Room: Dining Areas
  • Family Room: Lower Level
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1388
  • Total Sq Ft: 1388

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: Covered Patio, Deck, Exterior Storage Shed
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 572
  • Garage: 2 Attached

Utilities

  • Sewer: Septic
  • Water: Community
  • Air Conditioner: Central
  • Heat: Radiant
  • Services: Security Services

Association/Amenities

  • Amenities: Children's Play Area
  • HOA Name: Lake Panorama Association
  • Management Firm: Lake Panorama Association

Condo/Co-op/Association

  • Association Fee: 1746.5500
  • Association Fee Term: Year
  • Association Fee: Yes

Schools

  • School District: Panorama Community

Lot Info

  • Acres: 0.7700
  • Lot S F: 33480
  • Lot Shape: Regular
  • Lot Size: 90X372
  • Assessor Parcel Number: 0001874200
  • 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: 8041.87
  • Net Taxes: 8042.00
  • Tax Year: 2022

MLS Schools

  • School District: Panorama Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Lakeworks Llc
Bought by
Lake Hart Llc
Total Days on Market
53
Current Estimated Value
$735,665

Purchase Details

Listed on
Feb 12, 2024
Closed on
May 15, 2024
Sold by
Bahrke Kenneth A and Bahrke Joyce M
Bought by
Lakeworks Llc
Seller's Agent
Laura Kemble
Sunset Realty
Buyer's Agent
Marsha Bannister
Homeworks Realty, LLC
List Price
$815,000
Sold Price
$747,000
Premium/Discount to List
-$68,000
-8.34%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.93%

Purchase Details

Closed on
Jun 1, 2009
Sold by
Brammer Walter C and Brammer Dorothy A
Bought by
Bahrke Kenneth A and Bahrke Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.49%
Mortgage Type
Credit Line Revolving

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
Lake Hart Llc -- None Listed On Document
Lakeworks Llc $747,000 None Listed On Document
Bahrke Kenneth A $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bahrke Kenneth A $40,000
Previous Owner Bahrke Kenneth A $225,500
Previous Owner Bahrke Kenneth A $260,000
Previous Owner Bahrke Kenneth A $265,400
Previous Owner Bahrke Kenneth A $20,000
Previous Owner Bahrke Kenneth A $268,000
Previous Owner Brammer Walter C $217,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $747,000 -8.3% $538 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $815,000 -- $587 / 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 $9,282 $760,100 $482,000 $278,100
2023 $9,282 $760,100 $482,000 $278,100
2022 $7,962 $524,800 $289,200 $235,600
2021 $7,962 $524,800 $289,200 $235,600
2020 $7,192 $471,100 $241,000 $230,100
2019 $6,912 $0 $0 $0
2018 $5,200 $0 $0 $0
2017 $5,238 $0 $0 $0
2016 $5,238 $0 $0 $0
2015 $4,966 $336,708 $0 $0
2014 $5,120 $336,708 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 689118

Des Moines Area Association of REALTORS®

APN: 0001874200