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196 Lakeview Drive Melrose, IA 52569 • Residential - Single Family

  • 196 Lakeview Drive, Melrose, IA 52569 Main Photo

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Description

MOTIVATED SELLERS! This one-of-a-kind double A-frame home overlooking Rathbun Lake located in the Wind-n-Waves subdivision is ready for your touch! This 3 bed/3 bath home has plenty of open space for entertaining and the finished basement features a large bedroom, bath, laundry and sauna. There are large cedar-lined closets throughout, a walk-in pantry and small utility room right off the kitchen, as well as a wood-burning fireplace. Decks on both levels of the home make for beautiful views of the surrounding area and even a peek at Rathbun Lake!! The 36 x 45 oversized garage with a 12 foot door is wired for 220v, has a loft for storage, water, and is large enough to accommodate an RV/camper in addition to all your other toys and tools. There is also a 22 x 24 garage with a wood closet closer to the home for parking and storage as well as a partially fenced in yard! This property is backed up by a whole house 20KW generator with automatic transfer switch covering the whole home and both garages. The home has 4 fruit trees, a grape arbor, and the Purple Martin houses come with spring/summer inhabitants for those bird lovers out there!

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 3,088
Garage Size: 5
Built in 1972
One Fireplace

General Information

Bedrooms: 3
Bathrooms: 3
Sqft: 3,088
County: Appanoose
Subdivision: WIND-N-WAVES EST 2ND
Listed By:
Iowa Realty South Lakes 641-856-9350
No Coast MLS
$345,000
Est. $2,487/mo
3beds
3baths
3,088sqft
5cars
Active
BEDS3 BATHS3 full SQUARE FEET3,088 MLS#6336555
STATUS PROPERTY TYPEResidential - Single Family SUBDIVISIONWIND-N-WAVES EST 2ND

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196 Lakeview Drive, Melrose, IA 52569.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $345,000$345,000$345,000
Down Payment $69,000$12,075$86,250
Monthly Mortgage Amount $1,906$2,282$2,272
Taxes $480$480$480
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$152$0
Monthly Estimated Total $2,487$3,015$2,853

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