$72,000
SOLD OCT 21, 2024

1508 Marina Cove Dr Polk City, IA 50226

0.23 Acre
$313,043 Price per Acre
9,908 Sq Ft Lot

Recently Sold

6% Below List Price

221 Days on Market

About This Lot

As of April 2025

Twelve Oaks is a popular Polk City development near Saylorville Lake, TCI Golf Course, and many recreational opportunities. Just minutes from Des Moines, Twelve Oaks offers a small town "feel" near large city amenities. North Polk Schools offer your children smaller class sizes too. This "daylight" lot is sure to suit your needs. Call today! Only two lots remain. (mailbox cluster currently located on lot will be moved to a nearby lot when concrete work is complete).

Last Agent to Sell the Property

Robert Mordini

LPT Realty, LLC Listed on: 02/01/2024

LPT Realty, LLC

Last Buyer's Agent

Robert Mordini

LPT Realty, LLC Listed on: 02/01/2024

LPT Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $130

Additional Features

  • Natural lighting in basement
  • 9,908 Sq Ft Lot
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 26100307810303

Property Details

Property Type

Land

Est. Annual Taxes

$130

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Electricity: Lot
  • Gas: Natural

Schools

  • School District: North Polk

Lot Info

  • Acres: 0.2300
  • Lot Num: 3
  • Lot S F: 9908
  • Lot Shape: Regular
  • Lot Type: Daylight
  • Assessor Parcel Number: 26100307810303
  • Zoning: R-1

Tax Info

  • Gross Taxes: 130.13
  • Net Taxes: 130.13
  • Tax Year: 2024

MLS Schools

  • School District: North Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Apr 7, 2025
Sold by
Trust Builders Llc
Bought by
Nelson Timothy James and Nelson Kelsey
Seller's Agent
Chris Albright
RE/MAX Precision
Buyer's Agent
Nathan Lee
Realty ONE Group Impact
List Price
$435,230
Sold Price
$449,196
Premium/Discount to List
$13,966
3.21%
Views
1
Current Estimated Value
$429,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,863
Avg. Annual Appreciation
-97.30%
Original Mortgage
$457,683
Outstanding Balance
$456,362
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$260,695

Purchase Details

Listed on
Feb 1, 2024
Closed on
Oct 21, 2024
Sold by
Twelve Oaks Llc
Bought by
Trust Builders Llc
Seller's Agent
Robert Mordini
LPT Realty, LLC
Buyer's Agent
Robert Mordini
LPT Realty, LLC
List Price
$77,000
Sold Price
$72,000
Premium/Discount to List
-$5,000
-6.49%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4817.10%
Original Mortgage
$360,000
Interest Rate
6.2%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $449,500 None Listed On Document
Warranty Deed $72,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $457,683 VA
Previous Owner $360,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $449,196 +523.9% $289 / Sq Ft
10/21/2024 10/21/24 Sold $72,000 -83.5% --
10/07/2024 10/07/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $435,230 +465.2% $280 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $77,000 +6.9% --
09/06/2024 09/06/24 Off Market $72,000 -- --
02/01/2024 02/01/24 For Sale $77,000 -- --
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 -- $6,980 $6,980 $0
2023 $0 $6,980 $6,980 $0
2022 -- $6,980 $6,980 $0
2021 $0 $6,980 $6,980 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 688667

Des Moines Area Association of REALTORS®

APN: 261/00307-810-303