NOT LISTED FOR SALE

7057 Andrews Terrace Panora, IA 50216

Estimated Value: $708,000 - $1,335,073

5 Beds
3 Baths
1,982 Sq Ft
$534/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $749,634 $378 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,342/month

87 Days on Market

Highlights

  • Raised Ranch Architecture
  • Formal Dining Room
  • Carpet
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

A Lake Panorama West Side Classic Home! This walk-out brick ranch is all about the location. Sitting on the main channel of Lake Panorama with incredible lake views, this home is a just a short boat ride to the lake’s main basin, Coulters Marina and The Port Restaurant. This Andrews Terrace location also has quick and easy access to Hwy 44 by car.
With a generous amount of space for family and friends to spread out and enjoy the lake, this 5 bedroom 3+ bath home even has a couple of unexpected bonuses: two full kitchens and two laundry rooms. The N-NW exposure allows you to enjoy the beautiful sunsets over the water from the patio and the expansive deck area.
Ready and waiting for your personal touches, this could be the lake house of your dreams! Call today for your private showing and you could be enjoying the lake before the end of the summer.

Last Agent to Sell the Property

Dave Wagler

Sunset Realty Listed on: 07/23/2021

Co-Listed By

Laura Kemble

Sunset Realty

Last Buyer's Agent

Katie Schafer

Iowa Realty Mills Crossing

Iowa Realty Mills Crossing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,807

Year Built

  • Built in 1981

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 80x272
  • Property is zoned RR

HOA Fees

  • $126 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Asphalt Shingled Roof

Interior Spaces

  • 1,982 Sq Ft Home
  • 1 Fireplace
  • Formal Dining Room
  • Carpet
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

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 0001819400

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,807

Year Built

Built in 1981

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch-Raised
  • Lp Amt Sq Ft: 403.13
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 378.22
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, 2nd Flr Laundry, Carpeting, Smoke Detector
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Basement Description: Partial Finished, Walkout
  • Sq Ft Bsmt: 1874
  • Sq Ft Fin Bsmt: 925
  • Dining Room: Dining Areas, Formal Dining Rm
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1982
  • Total Sq Ft: 1982

Exterior Features

  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1508.7300
  • 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: 0.5000
  • Lot S F: 21780
  • Lot Size: 80X272
  • Assessor Parcel Number: 0001819400
  • 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: 8807.40
  • Net Taxes: 8670.00
  • Tax Year: 2019

MLS Schools

  • School District: Panorama Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Martin Sharon K and Martin Jason A
Bought by
Sharon K Martin Revocable Trust and Martin
Current Estimated Value
$1,120,681

Purchase Details

Listed on
Jul 23, 2021
Closed on
Oct 15, 2021
Sold by
Osborne Trust
Bought by
Osborne Trust
Seller's Agent
Dave Wagler
Sunset Realty
Buyer's Agent
Katie Schafer
Iowa Realty Mills Crossing
List Price
$849,000
Sold Price
$749,634
Premium/Discount to List
-$99,366
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$780,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sharon K Martin Revocable Trust -- None Listed On Document
Jason A Martin Revocable Trust -- None Listed On Document
Osborne Trust -- None Available
Martin Jason $750,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Jason $780,000
Previous Owner Martin Jason $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $749,634 -6.2% $378 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $799,000 -5.9% $403 / Sq Ft
07/23/2021 07/23/21 For Sale $849,000 -- $428 / 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 $13,878 $1,136,000 $456,000 $680,000
2023 $10,198 $1,136,000 $456,000 $680,000
2022 $9,478 $652,900 $319,200 $333,700
2021 $9,478 $625,300 $319,200 $306,100
2020 $8,670 $569,300 $273,600 $295,700
2019 $8,312 $0 $0 $0
2018 $6,626 $0 $0 $0
2017 $6,712 $0 $0 $0
2016 $6,712 $0 $0 $0
2015 $6,364 $433,716 $0 $0
2014 $6,538 $433,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 633555

Des Moines Area Association of REALTORS®

APN: 0001819400