NOT LISTED FOR SALE

702 Lakeview Dr Melrose, IA 52569

Estimated Value: $172,000 - $219,000

2 Beds
2 Baths
972 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $139,900 $144 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,240/month

114 Days on Market

Highlights

  • Lake View
  • Computer Room
  • Wheelchair Access
  • Main Floor Bedroom
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

This Rathbun Lake home is amazing...little to no inventory exists quite like this half acre property in Wind n Waves Subdivision. 2 bedroom/2 baths with many upgrades, including new furnace in 2019, new windows and appliances in 2021, washer/dryer in 2019, newer fence, planted trees, shed was added in 2017 and a hot tub that stays in 2018. You're going to love calling this lake home your getaway, or use it like the current owners do as their full-time home! One thing is for certain, there will be a lot of activity on this property, so call agent quickly to ensure you get an opportunity to own one of the nicest AFFORDABLE properties on the lake. Lake views from your deck, private fenced back yard and meticulously maintained.

Last Agent to Sell the Property

Jason Oglesby

Iowa Realty South Lakes Listed on: 09/11/2021

Iowa Realty South Lakes

Last Buyer's Agent

Jason Oglesby

Iowa Realty South Lakes Listed on: 09/11/2021

Iowa Realty South Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 2010

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 400x230
  • 120172007160000

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 972 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Computer Room
  • Lake Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access

Utilities

  • Forced Air Heating and Cooling System
  • Rural Water
  • Electric Water Heater
  • Shared Sewer

Community Details

  • Association fees include water
  • Association Phone (641) 856-9350
  • Property managed by Wind n Waves

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,080

Year Built

Built in 2010

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Single Family
  • Accessible: Partially Wheelchair
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: LOT 6 BLK 2 WIND-N- WAVES EST 2ND DEV SUB DIV W 1/2 NW FR QTR
  • Municipality: Melrose
  • Section Number: 003
  • Year Built: 2010
  • Home Warranty: No
  • OFFICELIST_ADDRESS: 702 Lakeview Drive
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-09-11
  • List Office I D: 710
  • Sales Office I D: 710
  • Selling Agent: 2481
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Drive
  • Building Style: 1.5 Story
  • Bedroom 1 Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Common Walls: No
  • Appliances: Range, Microwave, Exhaust Fan/Hood, Dishwasher, Refrigerator, Washer, Dryer, Electric Water Heater
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: None
  • Dining Room: No
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Computer Room
  • Price Per S Q F T: 143.93
  • Above Grade Finished Sq Ft: 972
  • Fireplace: No
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Upper
  • Extra Room1 Level: Upper
  • Living Room Level: Main

Exterior Features

  • Lake Waterfront: Lake View
  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Wood

Garage/Parking

  • Description: Driveway - Gravel
  • Fuel: Electric

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: Shared System
  • Water: Rural/Municipality

Association/Amenities

  • Complex/Development/Subdivision: Wind-N Waves Estate 2nd Dev

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee YN: Yes
  • Association Fee: 500
  • Management Company: Wind n Waves
  • Association Management Company Phone Number: 641-856-9350
  • Association Fee Frequency: Annually

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Moravia
  • School District Number: 4491
  • School District Phone: 641-724-3311

Lot Info

  • New Develop: No
  • Acres: 0.55
  • Additional Parcels Description: 120172007160000
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 400x230
  • Lot Size Sq Ft: 23958
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 1080
  • Tax Year: 2020
  • Gross Taxes: 1080

MLS Schools

  • School District: 4491 - Moravia
  • School District Name: Moravia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Jan 26, 2022
Sold by
Renaud Kevin D and Renaud Zeannetta E
Bought by
Ford James E
Seller's Agent
Jason Oglesby
Iowa Realty South Lakes
Buyer's Agent
Jason Oglesby
Iowa Realty South Lakes
List Price
$165,000
Sold Price
$139,900
Premium/Discount to List
-$25,100
-15.21%
Current Estimated Value
$194,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,029
Avg. Annual Appreciation
9.73%
Original Mortgage
$125,910
Outstanding Balance
$110,954
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$82,508
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
Ford James E $140,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford James E $125,910
Previous Owner Renaud Kevin D $75,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $139,900 0.0% $144 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/01/2021 12/01/21 Off Market $139,900 -- --
10/20/2021 10/20/21 Price Changed $139,900 -6.7% $144 / Sq Ft
09/23/2021 09/23/21 Price Changed $149,900 -9.2% $154 / Sq Ft
09/11/2021 09/11/21 For Sale $165,000 +106.5% $170 / Sq Ft
06/16/2017 06/16/17 Sold $79,900 0.0% $111 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $79,900 -- $111 / Sq Ft
Source: NoCoast MLS

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 $1,458 $128,660 $18,460 $110,200
2023 $1,458 $117,790 $18,460 $99,330
2022 $1,394 $103,900 $15,380 $88,520
2021 $1,394 $102,550 $15,380 $87,170
2020 $1,080 $84,440 $15,400 $69,040
2019 $1,110 $77,130 $0 $0
2018 $1,100 $75,600 $0 $0
2017 $107,200 $64,390 $0 $0
2016 $1,050 $64,390 $0 $0
2015 $1,050 $63,570 $0 $0
2014 $1,020 $63,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jason Oglesby

    Iowa Realty South Lakes

    Section Image

  • M

    Seller's Agent in 2017

    Mary Ann DeJong

    Hawkeye Farm Mgmt & Real Estat

  • L

    Buyer's Agent in 2017

    Lynette Cisler

    Hometown Realty

    (641) 437-1060

    1 Total Sale

    Section Image
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Map

Source: NoCoast MLS

MLS Number: NOC6098771

NoCoast MLS

APN: 120172003980000

Iowa Appanoose County Melrose 52569

702 Lakeview Dr, Melrose, IA

This home is located at 702 Lakeview Dr, Melrose, IA 52569 since 11 September 2021 and is currently estimated at $195,189, approximately $200 per square foot. This property was built in 2010. 702 Lakeview Dr is a home located in Appanoose County with nearby schools including Moravia Elementary School and Moravia 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.

NoCoast MLS 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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