309 5th Avenue S, Clear Lake, IA 50428
CHENEY & PALMETERS SOUTH ADD · Cerro Gordo County
Key Facts
Description
Located just three blocks from Clear Lake access and four blocks from downtown, this 2-bedroom, 1-bath home offers an opportunity to create value in a desirable location. With approximately 1,100+ square feet and built in 1939, the property provides a solid foundation for updates and improvements at an accessible entry point into the Clear Lake market. Recent exterior updates, including a newer roof and siding within the past five years, add value and reduce some major upfront expenses. Opportunities this close to both the lake and downtown are limited, making this a compelling option for those looking to build equity and take advantage of location.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1939
Living Area
1,153 sq ft
Lot Size
0.08 acres
Lot Dimensions
50X66
Garage Spaces
1
Days on Market
49
MLS® Listing#
6337877
Property Features
Cooling
Heating
Parking
Construction
Sewer
Water Source
Rooms
- 9x11Main
- Bedroom 211x22Upper
- Kitchen10x12Main
- Living Room13x14Main
Financial Details
Annual Taxes
$1,602
Tax year 2024
Parcel Number
051343100200
Directions
Proceed on Hwy 18 W, turning south on 8th St, continue to S 8th st, turning right to 5th Ave S
Affordability Calculator
$31,780
Estimated monthly payment
$846/mo
Principal $127,120 · Est. interest $177,344 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Clear Lake, IA
- $385,841
- Median Listing Price
- 66
- Median Days on Market
- 1,843
- Median Sq Ft
- $209
- Median Price / Sq Ft
- 310
- Active Listings
- This home’s price is 59% below the area median.
- Its price per sq ft is 34% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Clear Lake, IA.
Location
Points of Interest in Clear Lake, IA
Showing the Clear Lake area map.
Nearby Schools
Lake Town Charlie Brown
School · 0.3 mi away
Clear Creek Elementary School
Elementary · 0.5 mi away
Clear Lake Community School District
School · 0.7 mi away
Clear Lake Middle School
Elementary · 0.8 mi away
Clear Lake High School
Secondary · 0.8 mi away
Redeemer Pre-School & Daycare
School · 5.0 mi away
Garner-Hayfield-Ventura Junior High School
Secondary · 5.0 mi away
Ventura Elementary School
Elementary · 5.0 mi away
Newman Catholic School
School · 7.1 mi away
Hoover Elementary School
Elementary · 8.3 mi away
Madison Elementary School
Elementary · 8.7 mi away
Mason City Community School District
School · 9.1 mi away
Lincoln Intermediate
Secondary · 9.2 mi away
Roosevelt Elementary School
Elementary · 9.3 mi away
North Iowa Christian School
Elementary · 9.7 mi away
Harding Elementary School
Elementary · 10.1 mi away
Mason City Seventh-Day Adventist Church
School · 10.2 mi away
North Iowa Christian School
School · 10.2 mi away
Jefferson Elementary
Elementary · 10.4 mi away
Alternative School
Secondary · 10.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 403 N Woodlawn Ave, Lake CIty, IA | $115,000 | 3 | 2 | 1,477 |
| 819 W 5TH ST, Storm Lake, IA | $124,500 | 5 | — | 2,127 |
| 712 W Main Streets, Lake City, IA | $125,000 | 4 | 1 | 1,846 |
| 527 College Avenue, Storm Lake, IA | $125,000 | 3 | 1 | 1,803 |
| 725 ERIE ST, Storm Lake, IA | $134,900 | 3 | — | 1,159 |
| 1502 Memphis Avenue 5, Spirit Lake, IA | $144,000 | 3 | 2 | 990 |
Moving Cost Estimate
EXIT Agents in Clear Lake
Listing Courtesy: Lakeside Brokers - 6413575114
Presented by: Jennifer Kopriva