W
Seller's Agent in 2024
Wendy Eilander
RE/MAX
(515) 202-8124
1 in this area
19 Total Sales
1505 Merle Hay Rd Des Moines, IA 50311
Merle Hay NeighborhoodEstimated Value: $217,000 - $234,000
3
Beds
1
Bath
1,071
Sq Ft
$212/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
$25,663
Avg. Annual Appreciation
6.79%
Original Mortgage
$38,000
Interest Rate
3.8%
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 | |
| 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 | |
| Closed | Rabey Jack S | $160,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 2025 | $3,374 | $223,100 | $48,300 | $174,800 |
| 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
-
Wendy Eilander
-
Rachelle Klocko
R
Buyer's Agent in 2024
Rachelle Klocko
Iowa Realty Ankeny
(515) 446-1526
3 in this area
45 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 685547
APN: 100-11962000000
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