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Sold for $332,500
  • $332,500

    227 Lake Ave, Storm Lake, IA 50588

    5beds
    3baths
    2,808sqft
    Single Family Residence, Residential
    Built in 1957
    0.26 Acres Lot
    $335,100 Zestimate®
    $118/sqft
    $2,318 Estimated rent

    Home value

    $335,100

    Estimated sales range

    Not available

    $2,318/mo

    Zestimate® history
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    What's special

    Private backyard retreatInviting layoutBeautiful granite countertopsBlack stainless steel appliancesHardwood cabinetry
    Located on historic Lake Avenue, this gorgeous 5-bedroom, 3-bathroom home offers charm, space, and an unbeatable location. Enjoy the convenience of being within walking distance to downtown, the lake, and nearby parks while still enjoying the comfort of a beautiful residential setting. Inside, the home is awash with natural light thanks to its many windows and inviting layout. The stunning chef’s kitchen remodel is truly a highlight of the home, featuring beautiful granite countertops, black stainless steel appliances, and hardwood cabinetry. Just off the kitchen is a large dining room, perfect for hosting gatherings or game nights. The spacious living room is centered around a classic wood-burning fireplace, creating a warm and welcoming focal point. (The chimney has been capped and would require some work to restore functionality.) The main level also includes a bedroom currently used as a home office, along with a convenient half bath for guests. Upstairs, you will find four additional bedrooms, including a generously sized primary suite complete with a walk-in closet and an ensuite 3/4 bathroom featuring a quality Onyx shower insert. The full basement is partially finished and offers fantastic additional living space. It serves as an excellent hub for entertaining with its custom bar area. The basement is dry (Thrasher system) and includes a radon mitigation system for added peace of mind. The home also features a reverse osmosis water filtration system. Energy efficiency has been thoughtfully addressed with the addition of 18 inches of insulation in the attic. Step outside to enjoy a private backyard retreat. A stamped concrete patio surrounds a cozy fire pit, perfect for relaxing evenings outdoors. Additional highlights include an attached two-car garage with a convenient breezeway, and a 10x20 ft brand new shed! The luxurious hot tub and gazebo surround is available for purchase separately. This Lake Avenue beauty will not last long! Schedule a tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Brashears 712-299-4684,

    Compass Real Estate of NW IA

    Bought with:

    Bob Bauer, S61309

    Compass Real Estate of NW IA

    Source: Northwest Iowa Regional BOR,MLS#: 832134MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Kitchen, Living, Dining, Half Bath, Bedroom, Full Bath, 3/4 Bath, Family, Laundry
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Water Softener: None
    • Laundry: In Basement
    Features
    • Basement: Block,Partially Finished
    Interior area
    • Total structure area: 2,808
    • Total interior livable area: 2,808 sqft
    • Finished area above ground: 2,268
    • Finished area below ground: 540

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 1403405001

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick, Steel Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Location
    • Region: Storm Lake

    Financial & listing details

    • Price per square foot: $118/sqft
    • Tax assessed value: $316,030
    • Annual tax amount: $6,587
    • Price range: $332.5K - $332.5K
    • Date on market: 3/16/2026

    Price history

    DateEventPrice
    6/1/2026Sold$332,500-3.6%$118/sqft
    Source: Northwest Iowa Regional BOR #832134 Report a problem
    4/24/2026Pending sale$345,000$123/sqft
    Source: Northwest Iowa Regional BOR #832134 Report a problem
    3/16/2026Listed for sale$345,000+15.4%$123/sqft
    Source: Northwest Iowa Regional BOR #832134 Report a problem
    3/26/2022Listing removed--
    Source: Owner Report a problem
    3/23/2022Listed for sale$299,000+35.9%$106/sqft
    Source: Owner Report a problem
    4/26/2019Sold$220,000-2.2%$78/sqft
    Source: Public Record Report a problem
    3/11/2019Listed for sale$224,900$80/sqft
    Source: Real Estate Specialists #804158 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,834 +11.6%$316,030
    2023$5,228 +3.1%$316,030 +30%
    2022$5,070 +8.3%$243,130
    2021$4,680 +1.9%$243,130 +13.4%
    2020$4,592 +6.8%$214,400
    2019$4,300 +4.5%$214,400 +8.4%
    2018$4,114 +0.1%$197,760
    2017$4,110 +2.2%$197,760 +2.7%
    2016$4,022 $192,610 +4%
    2015$4,022 +6.2%$185,200
    2014$3,788 +5.6%$185,200
    2013$3,586 +3%--
    2012$3,480 -1.5%$185,200
    2011$3,534 +1.7%--
    2010$3,476 +1.3%--
    2009$3,432 +4.7%--
    2008$3,278 +13.5%--
    2007$2,888 --
    Find assessor info on the county website

    Neighborhood: 50588

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Storm Lake
    • Middle: Storm Lake
    • High: Storm Lake

    Source: Northwest Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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