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Sold for $435,000
  • $435,000

    5007 Lakewood Dr, Norwalk, IA 50211

    3beds
    1,344sqft
    Single Family Residence
    Built in 1984
    0.63 Acres Lot
    $433,000 Zestimate®
    $324/sqft
    $2,072 Estimated rent

    Home value

    $433,000

    $411,000 - $455,000

    $2,072/mo

    Zestimate® history
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    What's special

    Lakefront property! Rare opportunity to own this 0.63-acre lakefront property on Lake Colchester (also known as Lakewood) in Norwalk, Iowa. This 2-story walk-out has a dining area with sliders leading to the 16ft X 20ft composite deck with stairs leading down to the patio, 3 bedrooms, 3 bath, partial finished lower level with sliders to patio. Has a wood burning fireplace in the main floor living room and a gas fireplace in the lower level. You can enjoy the beautiful views overlooking the lake and the sunsets from the 16ft X 20ft composite deck or you can set and enjoy the views from your own 16ft X 24ft floating dock which also has a shed close to your dock to keep all your fishing poles, water toys, lawn chairs out of the weather. You have 141ft of private shoreline so you can park your boat right in your backyard at the dock. The fishing is great at Lake Colchester, plenty of Crappies, Bass, Walleyes, Bluegills and Catfish. There are two parks, a beach, boat ramp for launching your boat and a marina close by for the residents of the Lakewood Community Association to use. Very low Association annual dues.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ken Kauzlarich 515-453-5121,

    Iowa Realty Mills Crossing,

    RICK WANAMAKER 515-771-2412,

    Iowa Realty Mills Crossing

    Bought with:

    Ken Kauzlarich

    Iowa Realty Mills Crossing

    Source: DMMLS,MLS#: 694954MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Gas, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
    Features
    • Separate/Formal Dining Room
    • Basement: Partially Finished,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Gas, Vented, Wood Burning
    Interior area
    • Total structure area: 1,344
    • Total interior livable area: 1,344 sqft
    • Finished area below ground: 672

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Two Car Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Deck
    Lot
    • Size: 0.63 Acres
    • Dimensions: 138 x 258
    • Features: Pie Shaped Lot
    Details
    • Parcel number: 63153000110
    • Zoning: Res

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story,Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Playground
    HOA
    • Has HOA: Yes
    • HOA fee: $255 annually
    • HOA name: Lakewood Village Association
    • Second HOA name: None
    • Second HOA phone: 111-111-1111
    Location
    • Region: Norwalk

    Financial & listing details

    • Price per square foot: $324/sqft
    • Tax assessed value: $373,600
    • Annual tax amount: $6,541
    • Date on market: 5/10/2024
    • Cumulative days on market: 7 days
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete

    Price history

    DateEventPrice
    6/21/2024Sold$435,000$324/sqft
    Source: DMMLS #694954 Report a problem
    5/24/2024Pending sale$435,000$324/sqft
    Source: DMMLS #694954 Report a problem
    5/10/2024Listed for sale$435,000+24.3%$324/sqft
    Source: DMMLS #694954 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/27/2020Listing removed$350,000$260/sqft
    Source: Owner Report a problem
    11/20/2019Pending sale$350,000$260/sqft
    Source: Owner Report a problem
    10/31/2019Listed for sale$350,000+7.7%$260/sqft
    Source: Owner Report a problem
    2/28/2018Listing removed$325,000$242/sqft
    Source: Owner Report a problem
    2/2/2018Price change$325,000-3%$242/sqft
    Source: Owner Report a problem
    11/21/2017Listed for sale$335,000$249/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,336 +2.9%$373,600 +15.7%
    2024$6,158 -2.7%$322,900 +2.5%
    2023$6,328 +0.4%$315,100 +15.6%
    2022$6,304 -0.9%$272,500
    2021$6,364 +16.9%$272,500 +4.9%
    2020$5,442 +2.4%$259,700 +17.2%
    2019$5,314 +13.9%$221,600 +6%
    2018$4,665 +6.4%$209,000 +11.7%
    2017$4,384 -0.3%$187,100 +2.1%
    2016$4,398 $183,200
    2015$4,398 $183,200 +2.4%
    2014$4,398 +9.6%$178,900
    2013$4,012 +1.4%--
    2012$3,956 -0.5%--
    2011$3,976 +7%--
    2010$3,716 -3.8%--
    2009$3,862 +2.4%--
    2008$3,772 +7.6%--
    2007$3,504 --
    Find assessor info on the county website

    Neighborhood: 50211

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Norwalk

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

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    $433,000
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    With Zillow Showcase(estimated)
    $441,660