NOT LISTED FOR SALE

5503 Lakeshore Dr Okoboji, IA 51355

Estimated Value: $614,000 - $3,594,170

4 Beds
2 Baths
1,526 Sq Ft
$1,569/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $835,000 $547 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $14,493/month

Highlights

  • Low Bank Waterfront Property
  • Boat Slip
  • Lake View
  • Spirit Lake Elementary School Rated A-
  • Lake On Lot
  • Deck

About This Home

As of December 2016

Classic Okoboji Cottage on 50' of beautiful blue West Lake Okoboji. Situated on a tree-lined, deep lot, this is the perfect spot to build your Okoboji Dream Home! Great views and a lower approach to the water. *The primary value of the property is on the land, the house is being sold ''As-Is''.

Last Agent to Sell the Property

Kirk Stauss

Stauss Realty License #B38506 Listed on: 07/18/2016

Last Buyer's Agent

Jim Jensen

Jensen Real Estate License #S60005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,662

Year Built

  • Built in 1927

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 50 x 350
  • Low Bank Waterfront Property
  • Waterfront

Home Design

  • Cottage
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Cement Siding

Interior Spaces

  • 1,526 Sq Ft Home
  • 1-Story Property
  • Lake Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Boat Slip
  • Lake On Lot
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 06-12-476-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,662

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family Residence
  • Year Built: 1927
  • Levels: One
  • Stories: 1
  • Architectural Style: Cottage
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Total Sq Ft: 3052
  • Above Grade Finished: 1526
  • Basement Features: Unfinished, Walkout
  • Additional Sq Ft Finished Sq Ft Main: 1526
  • Additional Sq Ft Total Sq Ft Lower: 1526
  • Additional Sq Ft Total Sq Ft Main: 1526

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Cement Siding
  • Exterior Features: Boat Slip, Deck, Dock
  • Flood Zone: No
  • Roof: Asphalt
  • Waterfront: Yes
  • Waterfront Frontage: 50
  • Waterfront Name: West Okoboji Lake
  • Water Description: Lake

Garage/Parking

  • Garage Type: None

Utilities

  • Cooling: None
  • Fuel: None
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Public/City

Schools

  • School District: Spirit Lake

Lot Info

  • Parcel Number: 06-12-476-017
  • Estimated Acres: 0.4
  • Lot Features: Lake View, Low Bank
  • Estimated Lot Dimensions: 50 x 350
  • Lot Sq Ft: 17500

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 8662
  • Tax Classification: Seasonal Recreational
  • Tax Year: 2015

MLS Schools

  • School District: Spirit Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2017
Sold by
City Of Okoboji
Bought by
Sampson Valerie J
Current Estimated Value
$2,394,793

Purchase Details

Listed on
Jul 18, 2016
Closed on
Oct 18, 2016
Sold by
Jack March & Family Limited Partnership
Bought by
Sampson Valerie J
Seller's Agent
Kirk Stauss
Stauss Realty
Buyer's Agent
Jim Jensen
Jensen Real Estate
List Price
$895,000
Sold Price
$835,000
Premium/Discount to List
-$60,000
-6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%
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
Sampson Valerie J -- None Available
Sampson Valerie J $835,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $835,000 -6.7% $547 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $895,000 -- $587 / Sq Ft
Source: Iowa Great Lakes Board 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 $20,802 $2,347,100 $1,548,800 $798,300
2023 $17,360 $2,347,100 $1,548,800 $798,300
2022 $16,492 $1,549,600 $968,000 $581,600
2021 $16,492 $1,549,600 $968,000 $581,600
2020 $10,354 $1,407,200 $871,200 $536,000
2019 $9,730 $937,700 $871,200 $66,500
2018 $9,380 $857,700 $726,000 $131,700
2017 $9,380 $841,100 $726,000 $115,100
2016 $9,174 $812,500 $689,700 $122,800
2015 $8,662 $812,500 $689,700 $122,800
2014 $8,648 $787,500 $682,400 $105,100
2013 $8,362 $787,500 $682,400 $105,100
Source: Public Records

Agents Affiliated with this Home

  • Kirk Stauss

    Seller's Agent in 2016

    Kirk Stauss

    Stauss Realty

    (712) 320-0123

    12 in this area

    95 Total Sales

    Kirk Stauss
    Section Image

  • J

    Buyer's Agent in 2016

    Jim Jensen

    Jensen Real Estate

    Section Image
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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 160793

Iowa Great Lakes Board of REALTORS®

APN: 06-12-476-017

Iowa Dickinson County Okoboji 51355

5503 Lakeshore Dr, Okoboji, IA

This home is located at 5503 Lakeshore Dr, Okoboji, IA 51355 since 18 July 2016 and is currently estimated at $2,394,793, approximately $1,569 per square foot. This property was built in 1927. 5503 Lakeshore Dr is a home located in Dickinson County with nearby schools including Spirit Lake Elementary School, Spirit Lake Middle School, and Spirit Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa Great Lakes Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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