W
Seller's Agent in 2024
Wendy Eilander
RE/MAX
(515) 202-8124
1 in this area
13 Total Sales
1505 Merle Hay Rd Des Moines, IA 50311
Merle Hay NeighborhoodEstimated Value: $197,000 - $230,823
3
Beds
1
Bath
1,071
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- Ranch Style House
- No HOA
- Eat-In Kitchen
- Wood Flooring
- Shades
- Forced Air Heating and Cooling System
About This Home
As of January 2024Home is in a Neighborhood Finance Corporation (NFC) Lending Area, so if NFC is used as the Mortgage Lender, this will allow buyers to receive up to $10,000 in a forgivable home improvement loan, if a primary home. And, in addition to the Purchase Loans with no PMI & the forgivable loan, NFC can also offer down payment assistance, making down payments as low as 3% & can provide up to an additional $2,500 to use towards closing costs, to qualified buyers. A full application & supporting documentation must be received & reviewed by NFC to determine if the borrower would qualify, and if so, for what programs & amounts. Typical closing date when using NFC to purchase a home is around 60 days, as bids will need to be obtained for any home improvement projects to determine forgivable loan amount to be given. *It has been confirmed with NFC that this home does qualify for the full $10,000 forgivable loan, as this program has not been used for this home within the last 10 years.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,764
Year Built
- Built in 1947
Lot Details
- 9,900 Sq Ft Lot
- Lot Dimensions are 75x132
- Property is zoned N3B
Home Design
- Ranch Style House
- Traditional Architecture
- Block Foundation
- Asphalt Shingled Roof
- Metal Siding
Interior Spaces
- 1,071 Sq Ft Home
- Shades
- Family Room
- Dining Area
- Wood Flooring
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10011962000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2023
Closed on
Jan 22, 2024
Sold by
Linthicum William C
Bought by
Rabey Jack S and Pedersen Mikaela A
Seller's Agent
Wendy Eilander
RE/MAX Concepts
Buyer's Agent
Rachelle Klocko
Iowa Realty Ankeny
List Price
$199,000
Sold Price
$201,000
Premium/Discount to List
$2,000
1.01%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,350
Avg. Annual Appreciation
5.85%
Original Mortgage
$38,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rabey Jack S | $201,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Rabey Jack S | $38,000 | |
| Open | Rabey Jack S | $160,800 | |
| Previous Owner | Linthicum William C | $4,664 | |
| Previous Owner | Linthicum William C | $3,889 | |
| Previous Owner | Linthicum William C | $5,934 | |
| Previous Owner | Linthicum William C | $3,220 | |
| Previous Owner | Linthicum William C | $6,750 | |
| Previous Owner | Linthicum William C | $1,929 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2024 01/24/24 | Sold | $201,000 | +1.0% | $188 / Sq Ft |
| 11/27/2023 11/27/23 | Pending | -- | -- | -- |
| 11/15/2023 11/15/23 | For Sale | $199,000 | -- | $186 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,374 | $197,600 | $42,500 | $155,100 |
| 2023 | $3,764 | $197,600 | $42,500 | $155,100 |
| 2022 | $3,734 | $172,000 | $38,400 | $133,600 |
| 2021 | $3,552 | $172,000 | $38,400 | $133,600 |
| 2020 | $3,682 | $154,200 | $34,200 | $120,000 |
| 2019 | $3,382 | $154,200 | $34,200 | $120,000 |
| 2018 | $3,340 | $137,600 | $29,900 | $107,700 |
| 2017 | $2,974 | $137,600 | $29,900 | $107,700 |
| 2016 | $2,890 | $121,700 | $26,000 | $95,700 |
| 2015 | $2,890 | $121,700 | $26,000 | $95,700 |
| 2014 | $2,680 | $117,000 | $24,600 | $92,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2024
Rachelle Klocko
Iowa Realty Ankeny
(515) 446-1526
3 in this area
39 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 685547
APN: 100-11962000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 1449 Merle Hay Rd
- 1509 Merle Hay Rd
- 1500 57th Place
- 1504 57th Place
- 1513 Merle Hay Rd
- 1446 57th Place
- 1439 Merle Hay Rd
- 1442 57th Place
- 1517 Merle Hay Rd
- 1512 57th Place
- 5801 Clark St
- 1500 Merle Hay Rd
- 1438 57th Place
- 1435 Merle Hay Rd
- 1512 Merle Hay Rd
- 1504 Merle Hay Rd
- 1521 Merle Hay Rd
- 1434 57th Place
- 5805 Clark St
- 1516 Merle Hay Rd