NOT LISTED FOR SALE

5243 Tie Rd Panora, IA 50216

Estimated Value: $1,996,000 - $2,105,177

6 Beds
5 Baths
4,612 Sq Ft
$441/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $1,900,000 $412 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $13,383/month

50 Days on Market

Highlights

  • Basketball Court
  • Spa
  • Wood Flooring
  • Home Theater
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of December 2022

Truly a one-of-a-kind home built on coveted flat lot on east side of Lake Panorama, overlooking main basin.This custom-built, turn-key home is ready for you to enjoy yet this season. Experience thoughtful design, impeccable finishes, and precise location to ensure gorgeous lake views and easy access to flat lakefront yard, dock and lake activities. Over 4600 sq ft of bright living space with 6 beds and 5 baths. Classically appointed and detailed, the open-concept kitchen, dining, living and secondary entertaining room flow directly to lakefront yard, dock, fire pit and hot tub - ideal for entertaining. Main floor primary suite is serene retreat with a soaking tub, spacious shower, enviable closet, laundry, and direct access to hot tub and upstairs 4 charming bedrooms - one en-suite and two baths, one with laundry. Inland wing features spacious second-floor rec room-with kitchenette, dining and theater zones, plus adjacent bedroom and full bath - perfect for your guests' private retreat. Wing also includes quiet office, drop zone, laundry, storage, access to fenced-in yard. Rounding out the house is a heated, 4+ car garage with a 5th stall for on-site boat storage. Recreation abound with basketball on wide drive, flat lakeside yard, dock with extra large boat slip, jet skis, swimming and more. So many special details. Agent to provide list of many included items.

Last Listed By

Rose Green

RE/MAX Concepts Listed on: 09/01/2022

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,700

Year Built

  • Built in 2016

Lot Details

  • 0.81 Acre Lot
  • Partially Fenced Property
  • Aluminum or Metal Fence
  • Irregular Lot
  • Irrigation

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 4,612 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Electric Fireplace
  • Shades
  • Drapes & Rods
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Stove
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Basketball Court
  • Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Septic Tank
  • Cable TV Available

Community Details

  • Lake Panorama HOA, Phone Number (641) 755-2301
  • Built by John Larson

Listing and Financial Details

  • Assessor Parcel Number 0001893500

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,700

Year Built

Built in 2016

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Architecture: Traditional
  • Homebuilder: John Larson
  • Lp Amt Sq Ft: 504.12
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 411.97
  • Termite: Follow Showing Instructions
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Electric
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, 2nd Flr Laundry, Cable TV, Carpeting, Drapes/Curtains, Fire Alarm, Hardwood Floors, Security System, Shades/Shutters, Smoke Detector, Tile Floors, Vinyl Floors, Wet Bar, See Remarks, See Reserved Items
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 2nd Floor: 1
  • Basement Description: Slab
  • Dining Room: Dining Areas, Eat In Kitchen, Formal Dining Rm
  • Other Rooms: Study, Theater Room
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, See Remarks, Stove, Wall Oven, Washer, Wine Fridge
  • Living Area Sq Ft: 4612
  • Total Sq Ft: 4612

Exterior Features

  • Exterior: Cement Board
  • Exterior Features: Basketball Court, Fire Pit, Hot Tub, Irrigation, Open Patio, Partially Fenced Yard
  • Fence Type: Steel Grate
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt, Concrete, Gravel
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 1756
  • Garage: 4+ Attached
  • Garage Parking Stalls: 5

Utilities

  • Sewer: Septic
  • Water: Community
  • Air Conditioner: Central, GeoThermal, See Remarks
  • Heat: Gas Forced Air, GeoThermal, See Remarks

Condo/Co-op/Association

  • Association Fee: 1085.0000
  • Association Fee Term: Year
  • Association Fee: Yes

Association/Amenities

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

Schools

  • School District: Panorama Community

Lot Info

  • Acres: 0.8100
  • Lot S F: 35414
  • Lot Shape: Irregular
  • Assessor Parcel Number: 0001893500
  • Zoning: RES

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: 15700.00
  • Net Taxes: 15700.00
  • Tax Year: 2021

MLS Schools

  • School District: Panorama Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Hammond Blumberg Family Revocable Trust and Hammond Nancy I
Bought by
Bonnie Jean Livingston Revocable Trust and Livingston
Total Days on Market
50
Current Estimated Value
$2,035,059

Purchase Details

Listed on
Sep 1, 2022
Closed on
Jan 25, 2023
Sold by
Hammond Nancy I and Hammond Lauren A
Bought by
Hammond Blurnberg Family Revocable Trust
Seller's Agent
Rose Green
RE/MAX Concepts
Buyer's Agent
Kindra Kapsch
Iowa Realty Beaverdale
List Price
$2,325,000
Sold Price
$1,900,000
Premium/Discount to List
-$425,000
-18.28%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$1,140,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2022
Closed on
Dec 8, 2022
Sold by
Carstens Matthew D and Carstens Shanda N
Bought by
Hammond Nancy I and Blumberg Lauren A
Seller's Agent
Rose Green
RE/MAX Concepts
Buyer's Agent
Kindra Kapsch
Iowa Realty Beaverdale
List Price
$2,325,000
Sold Price
$1,900,000
Premium/Discount to List
-$425,000
-18.28%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2016
Sold by
J Larson Homes Llc
Bought by
Carstens Matthew D and Carstens Shanda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.65%
Mortgage Type
Construction

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
Bonnie Jean Livingston Revocable Trust $2,100,000 None Listed On Document
Hammond Blurnberg Family Revocable Trust -- --
Hammond Nancy I $1,900,000 --
Carstens Matthew D $500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammond Nancy I $1,140,000
Previous Owner Carstens Matthew D $850,000
Previous Owner Carstens Matthew D $129,000
Previous Owner Carstens Matthew D $768,760
Previous Owner Hammond Blumberg Family Revoca $40,000
Previous Owner Carstens Matthew D $1,169,000
Previous Owner Carstens Matthew D $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $1,900,000 -18.3% $412 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $2,325,000 +868.8% $504 / Sq Ft
07/22/2015 07/22/15 Sold $240,000 -9.4% --
05/29/2015 05/29/15 Pending -- -- --
11/01/2013 11/01/13 For Sale $265,000 -- --
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 $23,214 $1,894,800 $692,100 $1,202,700
2023 $15,858 $1,857,000 $692,100 $1,164,900
2022 $15,700 $1,034,900 $380,700 $654,200
2021 $15,700 $1,034,900 $380,700 $654,200
2020 $14,534 $952,100 $311,500 $640,600
2019 $13,728 $0 $0 $0
2018 $10,736 $0 $0 $0
2017 $6,246 $0 $0 $0
2016 $6,246 $0 $0 $0
2015 $3,466 $235,000 $0 $0
2014 $3,574 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Des Moines Area Association of REALTORS®

MLS Number: 659396

Des Moines Area Association of REALTORS®

APN: 0001893500