207 Melrose St, Wall Lake, IA, 51466
About This Home
Let it all begin. Tucked into a quiet neighborhood, this well-maintained one-bedroom, one-bath home offers a simple and welcoming start to homeownership. The open concept makes the space easy to furnish, simple to clean, and comfortable to call home. The 3/4 bath features tiled heated flooring, adding a cozy touch during Iowa's cold winters. Natural light fills the space, and just outside, the deck becomes a favorite place to unwind and take in peaceful sunset views at the end of the day. Thoughtfully maintained and quietly set, this home offers a comfortable path into ownership or a simpler next chapter.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1955
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding,Concrete,Frame/Wood,Stick Built
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Washer,Electric Water Heater
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Sump Pump,Unfinished,Block,Crawl Space,Partial
Bathroom1
- Level: Main
Bedroom1
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
Features
- Eat-in Kitchen,Kitchen Island,Main Floor Bedrooms
- Flooring: Hardwood
- Finished area below ground: 0
- Finished area above ground: 780
Heating & Cooling
- Heating features: Baseboard
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 780
- Total interior livable area: 780 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Living Room
- Level: Main
Property
Details
- Parcel number: 811412500041
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Lot size: 8,712 sqft
- Lot size dimensions: 50 x 176
Parking
- Total spaces: 1
- Parking features: Concrete,Attached,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
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 | $535 | $6,420 |
| Home Insurance * | $51 | $612 |
| Property Taxes | $119 | $1,428 |
| Electricity | $121 | $1,452 |
| Total | $826 | $9,912 |
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 |
|---|---|---|
| 2025-12-16 | Listed for sale | $106,000 |
| 2024-01-12 | Sold | $94,000 |
| 2023-12-27 | Pending sale | $104,900 |
| 2023-12-11 | Contingent | $104,900 |
| 2023-08-03 | Listed for sale | $104,900 |
| 2023-07-01 | Listing removed | -- |
| 2022-06-30 | Price change | $109,900 |
| 2022-05-27 | Listed for sale | $112,500 |
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