NOT LISTED FOR SALE

12653 SE 40th Ave Prairie City, IA 50228

Estimated Value: $363,000 - $463,000

10.05 Acres
$41,296 Price per Acre
437,778 Sq Ft Lot

Last Sold July 01, 2020

Last sale price $30,800 $16 Per Sq Ft

Est. 1,247% increase in value since last sale

Current estimated payment $2,478/month

61 Days on Market

Highlights

  • 10.05 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Runnells Elementary School Rated A-

About This Lot

As of July 2020

This home is located at 12653 SE 40th Ave, Prairie City, IA 50228 since 01 May 2020 and is currently estimated at $415,025, approximately $220 per square foot. This property was built in 1908. 12653 SE 40th Ave is a home located in Polk County with nearby schools including Runnells Elementary School, Southeast Polk Spring Creek- 6th Grade, and Southeast Polk Junior High School.

Last Agent to Sell the Property

Robert Eisenlauer

RE/MAX Revolution Listed on: 05/01/2020

Co-Listed By

Lance Martinson

RE/MAX Revolution

Last Buyer's Agent

Robert Eisenlauer

RE/MAX Revolution Listed on: 05/01/2020

Property Details

Property Type

  • Land

Year Built

  • Built in 1908

Lot Details

  • 10.05 Acre Lot
  • Property is zoned RR

Home Design

  • Block Foundation
  • Metal Siding

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Dryer

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 160/00500-003-000

Property Details

Property Type

Land

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Two Story
  • Lp Amt Sq Ft: 163.48
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 16.35
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 2nd Floor: 1
  • Basement Description: Partial, Unfinished
  • Sq Ft Bsmt: 900
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1884
  • Total Sq Ft: 1884

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Concrete Block

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southeast Polk

Lot Info

  • Acres: 10.0500
  • Lot S F: 437778
  • Assessor Parcel Number: 160/00500-003-000
  • Zoning: RR

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: 2558.00
  • Net Taxes: 2558.00

MLS Schools

  • School District: Southeast Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 1, 2020
Sold by
Hershey Marsha Jo and Hershey Family Trust
Bought by
Fust Benjamin
Seller's Agent
Robert Eisenlauer
RE/MAX Revolution
Buyer's Agent
Robert Eisenlauer
RE/MAX Revolution
List Price
$308,000
Sold Price
$30,800
Premium/Discount to List
-$277,200
-90%
Current Estimated Value
$415,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,225
Avg. Annual Appreciation
63.50%
Original Mortgage
$277,200
Outstanding Balance
$245,717
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$169,308

Purchase Details

Closed on
Mar 6, 2017
Sold by
Hershey David John and Hershey Marsha Jo
Bought by
Hershey David John and Hershey Marsha Jo

Purchase Details

Closed on
Jul 14, 2009
Sold by
Bak Farms Ltd
Bought by
Hershey David J and Hershey Marsha J
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
Fust Benjamin $308,000 None Available
Hershey David John -- None Available
Hershey David J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fust Benjamin $277,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $30,800 -90.0% $16 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $308,000 -- $163 / 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 $3,310 $248,180 $10,780 $237,400
2024 $3,310 $219,650 $9,050 $210,600
2023 $3,054 $219,650 $9,050 $210,600
2022 $3,008 $9,450 $6,950 $2,500
2021 $2,574 $9,450 $6,950 $2,500
2020 $2,528 $8,430 $6,630 $1,800
2019 $2,344 $148,330 $6,630 $141,700
2018 $2,346 $11,260 $8,760 $2,500
2017 $2,328 $11,260 $8,760 $2,500
2016 $2,318 $11,770 $9,070 $2,700
2015 $2,318 $11,770 $9,070 $2,700
2014 $2,014 $105,950 $9,250 $96,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 604351

Des Moines Area Association of REALTORS®

APN: 160-00500003000