NOT LISTED FOR SALE

1448 SE 88th St Runnells, IA 50237

Estimated Value: $532,000 - $638,538

4.12 Acres
$138,261 Price per Acre
179,467 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $407,900 $231 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,583/month

86 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • No HOA
  • Runnells Elementary School Rated A-
  • Sun or Florida Room
  • Eat-In Kitchen

About This Lot

As of August 2020

Here's the opportunity you've been waiting for! Affordable horse acreage in Runnells. 4 Bed, 2 BA walkout ranch has over 3000 sq/ft of finish. But you're horse people, so here's the horse details first! Property sits on 4.12 acres w/ 3.5 of land dedicated to horses. 36x60 pole barn is divided in half with 3 stalls in one & the other being a heated 4 car garage or large workshop. For convenience, water access is in this building. Behind house sits fenced-in pasture w/ lean-to. Now for home details. Walking in you’ll love the large living room & formal dining room. Kitchen is in back of home next to eat-in area & 4 season room leading to deck. Perfect area to keep an eye on your horses. Main level has 2 beds, 2 full baths and laundry room. Walkout LL is nearly fully finished with another BR, large rec room and 4th non-conforming BR. Well maintained home conveniently located on hard surface road 2 miles south of SEP High School. Easy access to downtown via new MLK connector.

Last Agent to Sell the Property

Jonathan Lee

RE/MAX Precision Listed on: 05/12/2020

RE/MAX Precision

Last Buyer's Agent

Josh Gillum

Gillum Group Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,259

Year Built

  • Built in 1993

Lot Details

  • 4.12 Acre Lot
  • Property is Fully Fenced
  • Chain Link Fence
  • Property is zoned RR

Home Design

  • Ranch Style House
  • Arts and Crafts Architecture
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,769 Sq Ft Home
  • Family Room Downstairs
  • Dining Area
  • Recreation Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Parking

  • 5 Garage Spaces | 3 Attached and 2 Detached
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 16000763506000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outdoor Storage

Property Details

Property Type

Land

Est. Annual Taxes

$5,259

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Architecture: Arts & Craft (Craftsman)
  • Lp Amt Sq Ft: 226.12
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 230.58
  • Termite: Follow Showing Instructions
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: Carpeting, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Egress Windows, Finished, Walkout
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor, Lower Level, Rec. Room
  • Other Rooms: 4 Season
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 1769
  • Total Sq Ft: 1769

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: Exterior Storage Shed, Fully Fenced Yard
  • Fence Type: Chain Link
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached, 3 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 4.1200
  • Lot S F: 179467
  • Lot Shape: Regular
  • Assessor Parcel Number: 16000763506000
  • 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: 5259.33
  • Net Taxes: 5100.68

MLS Schools

  • School District: Southeast Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Aug 9, 2020
Sold by
Jacobs Laura Lea
Bought by
Procyk Julie and Procyk Michael
Seller's Agent
Jonathan Lee
RE/MAX Precision
Buyer's Agent
Josh Gillum
Gillum Group Real Estate LLC
List Price
$419,000
Sold Price
$407,900
Premium/Discount to List
-$11,100
-2.65%
Current Estimated Value
$569,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,735
Avg. Annual Appreciation
6.47%
Original Mortgage
$407,900
Outstanding Balance
$361,699
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$207,936

Purchase Details

Closed on
Mar 5, 2015
Sold by
Halsted Betty L
Bought by
Jacobs Laura Lea

Purchase Details

Closed on
Aug 22, 2004
Sold by
Trimble Tom and Trimble Sandra Maye
Bought by
Halsted Betty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Procyk Julie $408,000 None Available
Jacobs Laura Lea -- None Available
Halsted Betty L $275,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Procyk Julie $407,900
Previous Owner Halsted Betty L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $407,900 -2.6% $231 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $419,000 -- $237 / 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 $7,044 $558,900 $104,300 $454,600
2024 $7,044 $500,300 $91,900 $408,400
2023 $6,732 $500,300 $91,900 $408,400
2022 $6,644 $398,900 $76,300 $322,600
2021 $5,134 $398,900 $76,300 $322,600
2020 $5,058 $295,300 $68,000 $227,300
2019 $4,828 $295,300 $68,000 $227,300
2018 $4,850 $271,100 $60,000 $211,100
2017 $4,874 $271,100 $60,000 $211,100
2016 $4,864 $245,100 $53,500 $191,600
2015 $4,864 $245,100 $53,500 $191,600
2014 $4,764 $237,100 $50,900 $186,200
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Lee

    Seller's Agent in 2020

    Jonathan Lee

    RE/MAX

    (515) 306-5958

    118 Total Sales

    Jonathan Lee
    Section Image
  • Josh Gillum

    Buyer's Agent in 2020

    Josh Gillum

    Gillum Group Real Estate LLC

    (515) 633-7960

    82 Total Sales

    Josh Gillum
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 604928

Des Moines Area Association of REALTORS®

APN: 160-00763506000

Iowa Polk County Runnells 50237

1448 SE 88th St, Runnells, IA

Not Listed for Sale

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