NOT LISTED FOR SALE

1243 Merle Hay Rd Des Moines, IA 50311

Merle Hay Neighborhood

Estimated Value: $201,000 - $213,762

2 Beds
1 Bath
937 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $123,000 $131 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,377/month

About This Home

Nice 2 bedroom brick home w/ 937 square feet on main level plus 327 square feet potential in unfinished attic. The home is located less than 5 minutes from the Merle Hay Shopping Center which offers restaurants, shopping and entertainment!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 25, 2016
Sold by
Salvato Genevieve V
Bought by
Lee Travis F
Seller's Agent
Darlene Adams
Iowa Realty Mills Crossing
Buyer's Agent
Andy Logan
LPT Realty, LLC
List Price
$128,000
Sold Price
$123,000
Premium/Discount to List
-$5,000
-3.91%
Current Estimated Value
$207,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,941
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Sep 6, 2005
Sold by
Conner Judith L
Bought by
Salvato Genevieve V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 19, 2005
Sold by
Stewart Kimberly K and Stone Benjamin J
Bought by
Conner Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
9.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 22, 1999
Sold by
Stenseth Timothy J and Stenseth Melissa Kay
Bought by
Stewart Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.69%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Lee Travis F -- None Available
Salvato Genevieve V $130,500 --
Conner Judith L $119,500 --
Stewart Kimberly K $83,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salvato Genevieve V $104,800
Previous Owner Conner Judith L $108,000
Previous Owner Stewart Kimberly K $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2016 08/26/16 Sold $123,000 -3.9% $131 / Sq Ft View Prior Sale
08/25/2016 08/25/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $128,000 -- $137 / Sq Ft

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 $3,380 $204,000 $38,600 $165,400
2024 $3,380 $182,300 $34,000 $148,300
2023 $3,590 $182,300 $34,000 $148,300
2022 $3,560 $161,200 $30,700 $130,500
2021 $3,386 $161,200 $30,700 $130,500
2020 $3,512 $144,300 $27,300 $117,000
2019 $3,190 $144,300 $27,300 $117,000
2018 $3,152 $127,200 $23,900 $103,300
2017 $2,812 $127,200 $23,900 $103,300
2016 $2,734 $112,500 $20,800 $91,700
2015 $2,734 $112,500 $20,800 $91,700
2014 $2,566 $105,300 $19,100 $86,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Darlene Adams

    Iowa Realty Mills Crossing

  • Andy Logan

    Buyer's Agent in 2016

    Andy Logan

    LPT Realty, LLC

    (515) 979-4494

    49 Total Sales

    Andy Logan
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Map

Iowa Polk County Des Moines 50311 Merle Hay

1243 Merle Hay Rd, Des Moines, IA

Not Listed for Sale

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