NOT LISTED FOR SALE

1505 Lake Ave Creston, IA 50801

Estimated Value: $146,061 - $189,000

3 Beds
1 Bath
1,048 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $149,000 $142 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,136/month

12 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Carpet
  • No HOA

About This Home

As of May 2024

Are you looking for a charming home in an established neighborhood? This affordable ranch, located on a corner lot, features 3 bedrooms, 1 bathroom, a kitchen with included appliances, spacious living room and first-floor laundry, creating a cozy living environment. The unfinished basement offers great potential to increase equity and extend your living area. An attached 2-car garage provides plenty of space. Perfectly situated in Creston, with convenient access to nearby amenities and adjacent to McKinley Park, this property is ready for its new owners.

Last Listed By

Kane Powell

Lake Panorama Realty Listed on: 03/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1947

Lot Details

  • 0.32

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • Carpet
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Additional Features

  • 0.32 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0511226005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,965

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 142.18
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 142.18
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Smoke Detector
  • Total Bathrooms: 1.00
  • Partial Bath Total: 1
  • Partial Bath 2nd Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1048
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Living Area Sq Ft: 1048
  • Total Sq Ft: 1048

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 440
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Creston

Lot Info

  • Acres: 0.3200
  • Assessor Parcel Number: 0511226005
  • 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: 2964.76
  • Net Taxes: 2750.00
  • Tax Year: 2022

MLS Schools

  • School District: Creston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Apr 14, 2024
Sold by
Monaghan Michael Allyn
Bought by
Kenyon Joseph
Seller's Agent
Kane Powell
Lake Panorama Realty
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$149,000
Sold Price
$149,000
Total Days on Market
12
Views
78
Current Estimated Value
$169,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,265
Avg. Annual Appreciation
13.60%
Original Mortgage
$126,650
Outstanding Balance
$125,538
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$43,727

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
Kenyon Joseph $149,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenyon Joseph $126,650
Previous Owner Monaghan Michael A $50,000
Previous Owner Monaghan Michael Allyn $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $149,000 0.0% $142 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $149,000 -- $142 / 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 $2,374 $122,330 $26,160 $96,170
2023 $2,750 $141,330 $29,940 $111,390
2022 $2,724 $122,830 $29,940 $92,890
2021 $2,724 $114,790 $27,980 $86,810
2020 $2,550 $111,700 $20,850 $90,850
2019 $2,606 $111,700 $0 $0
2018 $2,484 $111,700 $0 $0
2017 $2,484 $111,700 $0 $0
2016 $2,474 $111,700 $0 $0
2015 $2,474 $102,480 $0 $0
2014 $2,314 $102,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Des Moines Area Association of REALTORS®

MLS Number: 691674

Des Moines Area Association of REALTORS®

APN: 0511226005