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5115 Karen Drive

5115 Karen Drive, Panora, IA 50216
Property in Guthrie
Sold Jul 06, 2015
$270,000
$216,000 by Northwest Bank
Mortgage Due Jul 01, 2045
Sold Mar 30, 2007
$272,500
5115 Karen Drive has been categorized by the local assessors in Panora, IA as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5115 Karen Drive has 1,529 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,532 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with other control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Jun 26, 2015 for $270,000. That's $176.59 per sqft. Prior to that sales transaction, the property was also sold in Mar 28, 2007 for $272,500. 5115 Karen Drive was last assessed in 2023. The total value of the property was assessed at $412,600. Specifically, the land the property is located on was valued at $31,800. While improvements on the property were assessed at a total of $380,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,280. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Other
  • Building Style: Townhouse
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 1,529
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,532
  • Total Building Area: 1,529
  • Gross Building Area: 1,529
  • Building Area: 1,529
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,529
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROMONTORY POINT
  • Land Acres: 0.127
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 9 PROMONTORY PT TOWNHOUSE DEV (LOT 1 OF PAR A LOT 9014, PAR B OF LOT 9014 & PAR B OF LOT 9013) PLAT 43

Ownership

  • Current Owner : JORGENSEN MARK EDWARD
  • Current Owner 2: JORGENSEN DEBRA JEAN
  • Previous Owner : SEWARD JOHN W
  • Previous Owner 2: SEWARD MARLIYN K
  • Owner Before Previous Owner: VOGGESSER AGENCY L C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Panorama Community School District
  • School Tax School District: PANORAMA SCHOOL
  • Census Tract: 950100

Geography

  • Assessors Map Reference: PM 1923008
  • District: 62
  • Parcel: 0001923008
  • Lot: 1,9
  • Municipality: CASS TWP
  • Latitude: 41.7088
  • Longitude: -94.3904

    Address

  • Full Address: 5115 Karen Dr
  • Address - House Number: 5115
  • Address - Street Name: Karen
  • Address - Suffix Type: Dr
  • State: IA
  • City Name: Panora
  • Carrier Code: R003
  • 4-Digit Zip Code: 8747
  • Zip Code: 50216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,280
  • Tax Rate Code Area: 00062

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 452,271
  • High Value: 532,060
  • Low Value: 372,483

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $414,000
  • First Open Lien Mortgage Lender: NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: Jul 06, 2015
  • First Open Lien Mortgage Loan Amount: $216,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2045
  • Second Open Lien Mortgage Lender: CITY FIRST MORTGAGE SERVICES L
  • Second Open Lien Mortgage Recording Date: Apr 06, 2021
  • Second Open Lien Mortgage Loan Amount: $198,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $412,600
  • Market Land Value: $31,800
  • Market Improvement Value: $380,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,600
  • Assessed Land Value: $31,800
  • Assessed Improvements Value: $380,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2015
  • Current Sale Recording Date: Jul 06, 2015
  • Current Sale Transaction ID: 1208473971
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-1466
  • Previous Sale Recording Date: Mar 30, 2007
  • Previous Sale Contract Date: Mar 28, 2007
  • Previous Sale Amount: $272,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWEST BANK
  • First Mortgage Transaction Date: Jul 06, 2015
  • First Mortgage Loan Amount: $216,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

About Lake Panorama



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Frequently Asked Questions

What neighborhood is 5115 Karen Drive located in?
The 5115 Karen Drive is a located in the neighborhood of Guthrie in Lake Panorama, Panora.
What is the average sales price for listings in 5115 Karen Drive?
The average sales price for units in 5115 Karen Drive is $0 currently.

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