NOT LISTED FOR SALE

1101 SE 9th Ct Grimes, IA 50111

Estimated Value: $353,261 - $374,000

4 Beds
2.5 Baths
1,680 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $160,000 $95 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,438/month

79 Days on Market

Highlights

  • 1 Fireplace
  • Dallas Center-Grimes Middle School Rated 9+
  • 1-minute walk to Shawver Park

About This Home

As of December 2013

Good two story home with finished basement. This is a Fannie Mae property. Purchase this property for as little as 5% down, no mortgage insurance required, and no appraisal requested SAVES YOU HUNDREDS with HomePath Financing! Eligibility restrictions apply.

Last Agent to Sell the Property

Brandon Johnson

RE/MAX Cornerstone Listed on: 08/21/2013

Last Buyer's Agent

Jason Rude

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 10,491 Sq Ft Lot
  • Property is zoned R-3

Parking

  • 3 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Bedrooms and Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 31100341228501

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 110.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 95.00
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Daylight Window, Finished, Partial Finished
  • Living Area Sq Ft: 1680
  • Total Sq Ft: 1680

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Garage: 3 Attached

Lot Info

  • Acres: 0.2410
  • Lot S F: 10491
  • Assessor Parcel Number: 31100341228501
  • Zoning: R-3

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: 4654.00
  • Net Taxes: 4450.00
  • Assessor Parcel Number: 1101SE9THCTPOLKDALLASCE50111

MLS Schools

  • School District: Dallas Center-Grimes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2013
Closed on
Nov 7, 2013
Sold by
Bustamante James E
Bought by
Federal National Mortgage Association
Seller's Agent
Brandon Johnson
RE/MAX Cornerstone
Buyer's Agent
Jason Rude
RE/MAX Precision
List Price
$200,550
Sold Price
$160,000
Premium/Discount to List
-$40,550
-20.22%
Current Estimated Value
$362,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,065
Avg. Annual Appreciation
7.14%
Original Mortgage
$250,000
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 21, 2013
Closed on
Oct 30, 2013
Sold by
Federal National Mortgage Association
Bought by
Systematic Investment Partners Llc
Seller's Agent
Brandon Johnson
RE/MAX Cornerstone
Buyer's Agent
Jason Rude
RE/MAX Precision
List Price
$200,550
Sold Price
$160,000
Premium/Discount to List
-$40,550
-20.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Midland Homes Lc
Bought by
Bustamante James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,250
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Federal National Mortgage Association $326,656 None Available
Systematic Investment Partners Llc $160,000 Servicelink
Bustamante James E $217,000 --
Midland Homes Lc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Systematic Investment Partners Llc $250,000
Previous Owner Bustamante James E $217,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2013 12/27/13 Sold $160,000 -20.2% $95 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $200,550 -- $119 / 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
2025 $6,512 $384,200 $61,500 $322,700
2024 $6,512 $348,400 $55,000 $293,400
2023 $6,202 $348,400 $55,000 $293,400
2022 $6,244 $282,500 $45,900 $236,600
2021 $6,108 $282,500 $45,900 $236,600
2020 $6,014 $267,400 $43,400 $224,000
2019 $5,754 $267,400 $43,400 $224,000
2018 $5,948 $240,000 $38,200 $201,800
2017 $5,884 $240,000 $38,200 $201,800
2016 $5,642 $231,800 $35,000 $196,800
2015 $5,642 $231,800 $35,000 $196,800
2014 $4,998 $208,700 $31,400 $177,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 423463

Des Moines Area Association of REALTORS®

APN: 311-00341228501