NOT LISTED FOR SALE

1228 W 88th St S Colfax, IA 50054

Estimated Value: $332,000 - $401,000

1.56 Acres
$238,144 Price per Acre
67,954 Sq Ft Lot

Last Sold July 01, 2021

Last sale price $331,000 $277 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,371/month

42 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Raised Ranch Architecture
  • No HOA
  • Eat-In Kitchen

About This Lot

As of July 2021

Here is an opportunity to own a turn key slice of rural living just 30 minutes from the metro. Located just South of Interstate 80 you will find this beautiful Raised Ranch tucked away on almost two acres. This home offers great living space with an attached two-stall garage. Upon entry you will find plenty of room along with a wonderful view through the windows in the oversized living room. Moving into the kitchen you will find gorgeous solid oak throughout and a peninsula island with attached dining chairs, as well as an oversized dining area. The main floor offers three spacious bedrooms and one bathroom. The lower level has an additional family room, bathroom and a full-sized laundry room. Outside you will find an oversized, detached two-stall garage, a one-stall building behind the home and a three-stall shop with full service furnace and A/C making it a great workshop or entertainment space. This one won't last! Schedule your showing today!

Last Agent to Sell the Property

Kory Swan

Weichert, Realtors - 515 Agency Listed on: 05/20/2021

Weichert, Realtors - 515 Agency

Last Buyer's Agent

Taylor Kanselaar

Agency Iowa

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1973

Lot Details

  • 1.56 Acre Lot
  • Wood Fence

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,196 Sq Ft Home
  • Central Vacuum
  • Family Room Downstairs
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • 6 Garage Spaces | 2 Attached and 4 Detached
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0732300014

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck

Property Details

Property Type

Land

Est. Annual Taxes

$3,200

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Architecture: Raised Ranch
  • Lp Amt Sq Ft: 250.84
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 276.76
  • Termite: Follow Showing Instructions
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: Central Vac, Hardwood Floors, Laminate Floors, Tile Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Daylight Window, Finished, Walkout
  • Sq Ft Bsmt: 1196
  • Sq Ft Fin Bsmt: 900
  • Dining Room: Eat In Kitchen, Formal Dining Rm
  • Family Room: 1st Floor, Lower Level
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1196
  • Total Sq Ft: 1196

Exterior Features

  • Exterior: Brick, See Remarks
  • Exterior Features: Deck
  • Fence Type: Wood
  • Foundation: Brick, Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Gravel
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage: 2 Attached, 4+ Detached
  • Garage Parking Stalls: 8

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Colfax-Mingo

Lot Info

  • Acres: 1.5600
  • Lot S F: 67954
  • Assessor Parcel Number: 0732300014
  • 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: 3200.00
  • Net Taxes: 3200.00
  • Tax Year: 2021

MLS Schools

  • School District: Colfax-Mingo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 1, 2021
Sold by
Olson Jason A
Bought by
Kanselaar Crystal and Kanselaar Joshua
Seller's Agent
Kory Swan
Weichert, Realtors - 515 Agency
Buyer's Agent
Taylor Kanselaar
Agency Iowa
List Price
$300,000
Sold Price
$331,000
Premium/Discount to List
$31,000
10.33%
Current Estimated Value
$371,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,505
Avg. Annual Appreciation
3.10%
Original Mortgage
$325,004
Outstanding Balance
$298,068
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$75,636

Purchase Details

Closed on
Sep 24, 2020
Sold by
Olson Jason A and Olson Martina M
Bought by
Olson Jason A

Purchase Details

Closed on
Apr 12, 2016
Sold by
John M Petted
Bought by
Olson Jason and Olson Martina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
3.59%
Source: Public Records

Range of Values:

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Average Value
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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
Kanselaar Crystal $331,000 None Available
Olson Jason A -- None Available
Olson Jason -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanselaar Crystal $325,004
Previous Owner Olson Jason $174,600
Previous Owner Olson Jason --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $331,000 +10.3% $277 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $300,000 -- $251 / 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 $3,614 $280,510 $46,110 $234,400
2023 $3,614 $280,510 $46,110 $234,400
2022 $2,968 $221,840 $46,110 $175,730
2021 $3,184 $200,910 $46,110 $154,800
2020 $3,184 $199,220 $30,790 $168,430
2019 $2,982 $173,580 $0 $0
2018 $2,982 $173,580 $0 $0
2017 $3,010 $167,020 $0 $0
2016 $3,010 $155,620 $0 $0
2015 $2,646 $155,620 $0 $0
2014 $2,480 $155,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 629599

Des Moines Area Association of REALTORS®

APN: 07-32-300-014