NOT LISTED FOR SALE

103 SW 2nd St Melcher-Dallas, IA 50163

Estimated Value: $65,000 - $127,000

-- Bed
0.5 Bath
4,035 Sq Ft
$24/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $35,000 $9 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $571/month

161 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Wood Siding
  • No HOA

About This Home

As of June 2023

Once inside this property, you realize all of the potential it has! It is a blank slate, and there is no shortage of space. It is situated on a quiet street and backs up to the Melcher-Dallas School sports fields. It would be a great investment property or could be finished how you would like. There is so much opportunity here, come take a look!

Last Agent to Sell the Property

Jenny Steben

Sundance Realty Listed on: 01/16/2023

Last Buyer's Agent

Angela Mckenzie

RE/MAX Concepts

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 125x142

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 0.5 Bathroom
  • 4,035 Sq Ft Home
  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 000000321300000

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch, See Remarks
  • Lp Amt Sq Ft: 14.62
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 8.67
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Crawl Space
  • Living Area Sq Ft: 4035
  • Total Sq Ft: 4035

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Melcher/Dallas

Lot Info

  • Acres: 0.4075
  • Lot S F: 17750
  • Lot Size: 125X142
  • Assessor Parcel Number: 000000321300000
  • Zoning: RES

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1180.00
  • Net Taxes: 1180.00

MLS Schools

  • School District: Melcher/Dallas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Jun 29, 2023
Sold by
Ernst David Z and Ernst Lauren E
Bought by
Timmerman Jeffrey
Seller's Agent
Jenny Steben
Sundance Realty
Buyer's Agent
Angela Mckenzie
RE/MAX Concepts
List Price
$65,000
Sold Price
$35,000
Premium/Discount to List
-$30,000
-46.15%
Views
270
Current Estimated Value
$98,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,261
Avg. Annual Appreciation
73.24%

Purchase Details

Closed on
Oct 7, 2015
Sold by
Murphy Sally Kay
Bought by
Ernst David Z and Ernst Lauren E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,150
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Timmerman Jeffrey $35,000 None Listed On Document
Ernst David Z $4,550 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ernst David Z $92,000
Previous Owner Ernst David Zachary $45,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $35,000 -40.7% $9 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $59,000 -4.8% $15 / Sq Ft
02/07/2023 02/07/23 Price Changed $62,000 -4.6% $15 / Sq Ft
01/16/2023 01/16/23 For Sale $65,000 -- $16 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $572 $33,070 $9,080 $23,990
2023 $604 $36,148 $8,963 $27,185
2022 $1,180 $61,510 $15,900 $45,610
2021 $1,180 $58,030 $15,000 $43,030
2020 $1,118 $55,630 $15,000 $40,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 666221

Des Moines Area Association of REALTORS®

APN: 0321300500