NOT LISTED FOR SALE

1157 Tulip Tree Ln West Des Moines, IA 50266

Estimated Value: $781,000 - $953,000

5 Beds
4.5 Baths
3,525 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $700,000 $199 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,106/month

10 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Deck
  • Westridge Elementary School Rated A-
  • Gated Community
  • Traditional Architecture

About This Home

As of June 2024

REDUCED! Below assessed value! Nestled within the prestigious and secure Glen Oaks gated community, offering a rare combination of elegance, comfort, and grandeur. This large 1.5-story home presents a unique opportunity for those seeking a tranquil, yet vibrant, living experience in a coveted neighborhood. Notably, the walk out LL boasts a dedicated theater room, rec room, screened porch, wine cellar and a wet bar as well as an additional bedroom (BR) for added functionality and luxury. The master suite is conveniently located on the main level, providing a private retreat with a luxurious en-suite bath, walk-in closet. 3 additional bedrooms are thoughtfully placed on the upper level with 2 baths. The living room, featuring a stunning fireplace, offers a cozy ambiance for gatherings and the adjoining dining area provides a welcoming space for family meals. Updates include new roof, new sump pump, HVAC, water heater and new windows on W & E side of house.

Last Agent to Sell the Property

Denny Junius

Iowa Realty Mills Crossing Listed on: 04/29/2024

Iowa Realty Mills Crossing

Last Buyer's Agent

Nathan Lyman

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,398

Year Built

  • Built in 1997

Lot Details

  • 0.35 Acre Lot
  • Irrigation

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 3,525 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Central Vacuum
  • 2 Fireplaces
  • Gas Fireplace
  • Shades
  • Drapes & Rods
  • Wine Cellar
  • Family Room Downstairs
  • Formal Dining Room
  • Home Theater
  • Den
  • Screened Porch
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32002262199836

Community Details

Overview

  • Stanborough Jim K Association, Phone Number (515) 327-5468

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,398

Year Built

Built in 1997

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Architecture: Traditional
  • Lp Amt Sq Ft: 215.57
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 198.58
  • Termite: Follow Showing Instructions
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Direct Vent Gas
  • Fireplaces: 2
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Central Vac, Drapes/Curtains, Fire Alarm, Hardwood Floors, Security System, Shades/Shutters, Smoke Detector, Tile Floors, Wet Bar, Wine Cellar
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Finished, Walkout
  • Sq Ft Bsmt: 2260
  • Sq Ft Fin Bsmt: 1500
  • Dining Room: Eat In Kitchen, Formal Dining Rm
  • Family Room: 1st Floor, Lower Level
  • Other Rooms: Pantry, Study, Theater Room, See Remarks
  • Included Items: Cooktop, Dishwasher, Dryer, Microwave, Wall Oven, Washer
  • Living Area Sq Ft: 3525
  • Total Sq Ft: 3525

Exterior Features

  • Exterior: Brick, Cement Board
  • Exterior Features: Deck, Irrigation, Screened Porch
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Cherry, Paint

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 716
  • Garage: 3 Attached
  • Garage Parking Stalls: 3

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Security Services, See Remarks, Trash Service

Association/Amenities

  • Amenities: Gated Community
  • HOA Name: Glen Oaks Homeowners
  • Management Firm: Stanborough Jim K
  • Management Firm Phone: (515) 327-5468

Condo/Co-op/Association

  • Association Fee: 350.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Schools

  • School District: West Des Moines

Lot Info

  • Acres: 0.3500
  • Lot S F: 15235
  • Lot Size: 100.4
  • Assessor Parcel Number: 32002262199836
  • 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: 13398.00
  • Net Taxes: 13227.00

MLS Schools

  • School District: West Des Moines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Lyman Nathan and Lyman Anastasia
Bought by
Lyman David R and Lyman Stacey L
Current Estimated Value
$886,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$894,451
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$8,235

Purchase Details

Closed on
Dec 15, 2024
Sold by
Lre Investments Inc
Bought by
Lyman Nathan and Lyman Anastasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$894,451
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$8,235

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 7, 2024
Sold by
Lisabeth A Powers Revocable Trust and Powers Lisabeth A
Bought by
Lre Investments Inc
Seller's Agent
Denny Junius
Iowa Realty Mills Crossing
Buyer's Agent
Nathan Lyman
RE/MAX Precision
List Price
$759,900
Sold Price
$700,000
Premium/Discount to List
-$59,900
-7.88%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%

Purchase Details

Closed on
Jun 1, 2022
Sold by
Powers Michael J and Powers Lisabeth A
Bought by
Michael J Powers Revocable Trust and Lisabeth A Powers Revocable Trust

Purchase Details

Closed on
Jan 27, 2010
Sold by
Samarendra Padmaraj and Kumari Sarita
Bought by
Powers Michael J and Powers Lisabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1998
Sold by
Heartland Homes Inc
Bought by
Hiber Michael J and Hiber Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.27%

Purchase Details

Closed on
Apr 27, 1997
Sold by
Glen Oaks Community Development L C
Bought by
Heartland Homes Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lyman David R -- None Listed On Document
Lyman Nathan -- None Listed On Document
Lyman Nathan -- None Listed On Document
Lre Investments Inc -- None Listed On Document
Lre Investments Inc $700,000 None Listed On Document
Michael J Powers Revocable Trust -- --
Powers Michael J $564,500 None Available
Hiber Michael J $419,500 --
Heartland Homes Inc $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyman David R $900,000
Previous Owner Powers Michael J $250,000
Previous Owner Powers Michael J $188,378
Previous Owner Powers Michael J $250,000
Previous Owner Powers Michael J $260,000
Previous Owner Hiber Michael J $227,150
Closed Hiber Michael J $72,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $700,000 -7.9% $199 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $759,900 -- $216 / 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 $12,916 $832,300 $112,900 $719,400
2023 $12,758 $832,300 $112,900 $719,400
2022 $12,606 $669,600 $87,000 $582,600
2021 $13,030 $669,600 $87,000 $582,600
2020 $12,830 $658,300 $85,300 $573,000
2019 $13,084 $658,300 $85,300 $573,000
2018 $13,110 $647,200 $82,200 $565,000
2017 $12,882 $647,200 $82,200 $565,000
2016 $12,598 $617,900 $76,700 $541,200
2015 $12,598 $617,900 $76,700 $541,200
2014 $11,942 $579,700 $71,200 $508,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 694245

Des Moines Area Association of REALTORS®

APN: 320-02262199836