NOT LISTED FOR SALE

608 Lake St Spirit Lake, IA 51360

Estimated Value: $215,000 - $491,000

9 Beds
10 Baths
3,394 Sq Ft
$110/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $385,000 $113 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,404/month

104 Days on Market

Highlights

  • 2 Car Detached Garage
  • Spirit Lake Elementary School Rated A-
  • Fireplace

About This Home

As of December 2023

This is your chance to own a piece of history in the lowa Great Lakes area of Spirit Lake. Originally built for Senator Francis in 1914 for his family, the manor was used as the regional hospital and medical clinic for many years. The Manor was then able to offer its hospitality and beauty to guests as a bed-and-breakfast. At present the manor is used as a multi family dwelling with four unique one- bedroom apartments, three studios with their own shared kitchen, and the original carriage house with one bedroom, full kitchen and 3/4 bath. The spacious front porch, commons living/dining room and country kitchen are loved by everyone. Along with gorgeous vaulted ceilings, original woodwork, lead glass and painted windows, you will fall in love with this historical building!

Last Listed By

Sheree Sanderson

EXIT Realty Midwest License #S62743 Listed on: 06/22/2023

EXIT Realty Midwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,990

Year Built

  • Built in 1914

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 132 x 218

Parking

  • 2 Car Detached Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,394 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 10 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • 9 Units
  • Rices Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0704254017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,990

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Class: MULTIFAMILY
  • Property Attached: No
  • Type: Quadruplex
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 10
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Total Sq Ft: 5000
  • Above Grade Finished: 3394
  • Below Grade Finished: 1000
  • Fireplace: Yes
  • Basement Features: Finished-Full

Exterior Features

  • Construction Materials: Brick
  • Flood Zone: Unknown
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2

Utilities

  • Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Public Sewer
  • Water Source: Public/City

Condo/Co-op/Association

  • Complex Development Subdivision Name: RICES ADD

Schools

  • School District: Spirit Lake

Lot Info

  • Parcel Number: 0704254017
  • Estimated Acres: 0.66
  • Estimated Lot Dimensions: 132 x 218
  • Lot Sq Ft: 28776

Rental Info

  • Furnished: Negotiable

Multi Family

  • Number Of Units: 9

Tax Info

  • Tax Amount: 3990
  • Tax Classification: Non-Homestead
  • Tax Year: 2022

MLS Schools

  • School District: Spirit Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Dec 27, 2023
Sold by
Bleakly Margaret M
Bought by
Kelly Brian M and Kelly Heather L
Seller's Agent
Sheree Sanderson
EXIT Realty Midwest
Buyer's Agent
Mark Leiss
Stauss Realty
List Price
$460,000
Sold Price
$385,000
Premium/Discount to List
-$75,000
-16.3%
Total Days on Market
104
Views
522
Current Estimated Value
$373,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,772
Avg. Annual Appreciation
8.76%
Original Mortgage
$308,000
Outstanding Balance
$304,841
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$124,927

Purchase Details

Listed on
Jun 5, 2017
Closed on
Nov 30, 2017
Sold by
Sharon Boles
Bought by
Bleakly Margaret
Seller's Agent
Sheree Sanderson
EXIT Realty Midwest
Buyer's Agent
Scott Reynolds
EXIT Realty Midwest
List Price
$349,000
Sold Price
$297,000
Premium/Discount to List
-$52,000
-14.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$143,813
Interest Rate
3.9%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kelly Brian M $385,000 None Listed On Document
Bleakly Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Brian M $308,000
Previous Owner Bleakly Margaret M $219,000
Previous Owner Bleakley Margaret M $40,000
Previous Owner Bleakly Margaret $143,813
Previous Owner Bleakly Margaret --
Previous Owner Bleakly Margaret M $143,813
Previous Owner Boles Sharon $166,100
Previous Owner Boles Sharon K $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $385,000 -12.5% $77 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $440,000 -4.3% $88 / Sq Ft
06/22/2023 06/22/23 For Sale $460,000 +54.9% $92 / Sq Ft
11/29/2017 11/29/17 Sold $297,000 -14.9% $59 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $349,000 -- $70 / 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 $3,886 $324,400 $51,700 $272,700
2023 $3,462 $321,800 $51,700 $270,100
2022 $3,910 $239,800 $51,700 $188,100
2021 $3,910 $239,800 $51,700 $188,100
2020 $4,362 $236,900 $48,800 $188,100
2019 $4,414 $236,900 $48,800 $188,100
2018 $2,740 $228,800 $40,700 $188,100
2017 $2,740 $199,300 $36,600 $162,700
2016 $2,664 $189,400 $34,800 $154,600
2015 $2,534 $189,400 $34,800 $154,600
2014 $2,592 $163,800 $34,400 $129,400
2013 -- $163,800 $34,400 $129,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 230682

Iowa Great Lakes Board of REALTORS®

APN: 07-04-254-017