203 W Jefferson St, Lake City, IA, 51449
About This Home
Don’t miss this move-in ready 1950 4 bed, 2¼ bath home in Lake City, IA (a friendly small town with everything but a lake!). Situated on a rare .6-acre corner lot (3 lots), this property offers space inside and out. The main floor features a welcoming foyer with Italian tile, leading to a spacious living room with a custom stone fireplace, lighted bookshelves, and an 11’ picture window. Hardwood floors flow into a large dining room with built-in china hutches and extra storage. The kitchen showcases cherry cabinets (some with pull-outs), a dinette, and newer microwave, dishwasher, and luxury vinyl plank flooring. Two large bedrooms and an updated full bath complete the main level. All windows are Pella. Upstairs offers two generous bedrooms, abundant closet space, and a nicely updated full bath. The full basement is partially finished with a rec room (fireplace), laundry area (washer, dryer, and freezer included), and a workshop with built-ins. A spacious breezeway (recently expanded) connects the home to the 1-car garage with attached garden shed. Outside features lilac bushes and established garden beds that need some TLC. Extras include new gutters, added insulation, osmosis water system, and radon mitigation. Motivated sellers—don’t miss this one!
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Roof: Age 8 Years or Less,Shingle,Metal
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedroom2
- Level: Main
- Area: 196
- Dimensions: 14 x 14
Bedroom3
- Level: Upper
- Area: 231
- Dimensions: 11 x 21
Bedroom4
- Level: Upper
- Area: 168
- Dimensions: 14 x 12
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Features
- Number of fireplaces: 2
- Fireplace: Yes
- Finished area above ground: 2,337
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,337 sqft
Kitchen
- Level: Main
- Area: 150
- Dimensions: 10 x 15
Living Room
- Level: Main
- Area: 325
- Dimensions: 13 x 25
Other
- Level: Main
- Area: 196
- Dimensions: 14 x 14
Other
- Level: Main
- Area: 288
- Dimensions: 12 x 24
Other
- Level: Main
- Area: 72
- Dimensions: 9 x 8
Other
- Level: Upper
- Area: 55
- Dimensions: 5 x 11
Other
- Area: 80
- Dimensions: 8 x 10
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 863318205002
Lot
- Lot size: 0.60 Acres
- Lot size dimensions: 132 x 198
Parking
- Total spaces: 1
- Parking features: Attached,Concrete
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Strong Wind
- Tornado
- Cold Wave
- Drought
- Winter Weather
- Inland Flooding
- Ice Storm
- 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 | $1,163 | $13,956 |
| Home Insurance * | $459 | $5,508 |
| Property Taxes | $182 | $2,184 |
| Electricity | $174 | $2,091 |
| Total | $1,978 | $23,736 |
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 |
|---|---|---|
| 2026-04-15 | Listed for sale | $244,500 |
| 2024-02-07 | Sold | $185,000 |
| 2023-12-29 | Contingent | $185,000 |
| 2023-12-01 | Listed for sale | $185,000 |
| 2007-04-09 | Sold | $125,000 |
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