311 W 1st St, Wall Lake, IA, 51466
About This Home
Turn-Key Opportunity! This completely renovated property offers incredible flexibility-perfect for use as a business, residence, or a combination of both. With generous space and extensive modern updates, the possibilities are endless. Inside, you'll find brand-new flooring throughout, all new ductwork, and fresh interior paint, creating a clean, modern feel from the moment you walk in. The property also features a new security system for added peace of mind, and all appliances will stay, making this truly move-in ready. Conveniently located near downtown amenities, the property offers excellent accessibility along with the added benefit of a large parking lot, providing plenty of space for customers, guests, or residents. Whether you're looking to start a business, expand an existing one, or create a unique living space, this versatile property is ready for its next chapter.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1981
Materials
- Roof: Asphalt
- Construction materials: Frame,Vinyl Siding
Notable Dates
- Major remodel year: 2024
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Microwave,Oven,Water Heater
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Flooring: Carpet
- Finished area above ground: 2,100
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Central
Interior Area
- Total structure area: 2,100
Property
Details
- Lease amount: 0
Features
- Stories: 1
Lot
- Lot size: 7,405 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Tornado
- Cold Wave
- Drought
- Ice Storm
- Strong Wind
- Winter Weather
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $960 | $11,520 |
| Home Insurance * | $92 | $1,104 |
| Property Taxes | $147 | $1,764 |
| Electricity | $121 | $1,452 |
| Total | $1,320 | $15,840 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Price change | $215,000 |
| 2026-03-05 | Listed for sale | $225,000 |
View on Zillow