12 days on rocket

5007 Lakewood Dr, Norwalk, IA, 50211

$435,000

Home List Price

$5,166*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,344 SqFt
$324/SqFt
House
Schools Nearby

Location

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5007 Lakewood Dr, Norwalk$435,000

Buyer Closing Credits

$5,166*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached, Garage, Two Car Garage
Attached Garage2 spaces
Year Built1984
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGas, Vented, Wood Burning
MLS #694954
Lot Size0.63 Acres
StatusActive

About 5007 Lakewood Dr

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story, Traditional
  • Year Built: 1984
  • Stories: 2
  • Living Area: 1,344 SqFt

Listing Office:

  • Office Name: Iowa Realty Mills Crossing
  • Office Phone: (515) 453-5121
  • Listing Agent: Ken Kauzlarich

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
  • Basement: Yes
  • Interior: Separate/Formal Dining Room
  • Fireplace: Gas, Vented, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Two Car Garage

Lot Features

Lot Information:

  • Lot: Pie Shaped Lot
  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Norwalk Senior High School, Public District Grades 9-12
  • Norwalk Middle School, Public District Grades 6-8
  • Lakewood Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Take Highway 28 toward Norwalk from Highway 5 bypass. Turn West onto Lakewood Drive. Go straight past the marina and the beach. 5007 Lakewood Drive will be on the west side of the road. It is the second house south of Sunset Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000
  • Price Per SqFt: $324/SqFt

HOA Fees:

  • Amount: $255
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,442
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Norwalk, IA.

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Norwalk, IA

City

Med. Sold Price

$325.5K

Med. Price/SqFt

$233

Avg. Days On Market

77

# of Sold Homes

23

5007 Lakewood Dr vs Norwalk

12 DAYS ON ROCKET

-65 Days

$435,000

+$109.5K More

$324/SqFt

+$91 More

KEY TAKEAWAY

This property is $109.5K more than the Median Sold Price and $91/SqFt more than other homes in Norwalk, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #694954

Listing Office:

  • Office Name: Iowa Realty Mills Crossing
  • Office Phone: (515) 453-5121
  • Listing Agent: Ken Kauzlarich

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2024, 11:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 27, 2020Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,442$259,700
2018$5,094$209,000
2017$4,384$187,100

History based on county public records data.

Payment Calculator

$2,260

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,371

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-403873
5
/10

  • Lakewood Elementary School

  • 9210 Happy Hollow Dr

  • 0.26 miles

  • Public District Grades 3-5

Middle School

school-card-donut-403874
4
/10

  • Norwalk Middle School

  • 200 Cherry St

  • 2.22 miles

  • Public District Grades 6-8

High School

school-card-donut-403875
5
/10

  • Norwalk Senior High School

  • 1201 North Ave

  • 2.12 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,000. Most Norwalk, IA residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5007 Lakewood Dr

What is the listing price of this property?

The listing price of 5007 Lakewood Dr property is $435,000.

What type of property is this?

The property 5007 Lakewood Dr is a house located in Norwalk, Iowa, 50211.

Is this property for sale now?

Active Listing: 5007 Lakewood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5007 Lakewood Dr are:
Lakewood Elementary School: GreatSchools Rating 5/10
Norwalk Middle School: GreatSchools Rating 4/10
Norwalk Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,442 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 27, 2020 for $320,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5007 Lakewood Dr has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5007 Lakewood Dr is 1,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5007 Lakewood Dr is 1984.

Rocket Homes›Iowa›Warren County›Norwalk›50211›5007 Lakewood Dr

This home is located at 5007 Lakewood Dr in Norwalk, IA and zip code 50211. This 1,344 square foot home, which was built in 1984, sits on a 0.63 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $435,000.

In April 2024, from all listings sold in Norwalk, IA there were more than 3 sold above asking price, over 12 sold below and more than 8 were sold right at the asked price. In April 2024 in Norwalk, IA there were 4.3% less homes for sale than in March 2024. The median list price of listings available in April 2024 was $325,500, while the average time on the real estate market was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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