NOT LISTED FOR SALE

1601 Michael Ave Grinnell, IA 50112

Estimated Value: $448,000 - $634,000

3 Beds
4 Baths
4,091 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $340,000 $83 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,457/month

189 Days on Market

About This Home

As of June 2013

Beautiful executive home in a quiet neighborhood with farm fields as eastern neighbors and a private 2 acre pond adjacent on the north lot line. Heated tile floors move you from room to room. A large master suite is on the 1st floor with a generous tile bathroom, laundry & walk-in closet/dressing room. An open kitchen/dining area opens to the 18' x 36' in-ground pool and patio. Upstairs features a large family room w/kitchenette. 2 bedrooms, full bath and a great sitting area for reading and taking in the sun. A large three stall heated and insulated garage is attached to the east side of the home. Offered for sale well below assessed value.

Last Agent to Sell the Property

Kevin Kolbe

Ramsey-Weeks, Inc. Listed on: 10/31/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,978

Year Built

  • Built in 2004

Lot Details

  • 0.5

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,091 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 0.5 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,978

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Municipality: Grinnell
  • Year Built: 2004
  • OFFICELIST_ADDRESS: 1601 Michael
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2012-10-31
  • List Office I D: 417
  • M L Number Foreign: MIR34016380
  • Sales Office I D: 417
  • Selling Agent: 1872
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: 2 Story
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Exhaust Fan/Hood, Disposal
  • Bedrooms: 3
  • Bedroom 1: No
  • Bedroom 2: No
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 4
  • Basement: Other
  • Dining Room: No
  • Family Room: No
  • Kitchen: No
  • Living Room: No
  • Price Per S Q F T: 83.11
  • Above Grade Finished Sq Ft: 4091
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3

Exterior Features

  • Road Frontage: Paved Streets

Garage/Parking

  • Description: Attached Garage

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 3
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Grinnell-Newburg

Lot Info

  • New Develop: No
  • Acres: 0.5
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 21780
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

MLS Schools

  • School District: 2709 - Grinnell-Newburg
  • School District Name: Grinnell-Newburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2012
Closed on
Jun 13, 2013
Sold by
Bank Iowa
Bought by
Herbers Scott and Herbers Kasey
Seller's Agent
Kevin Kolbe
Ramsey-Weeks, Inc.
List Price
$420,000
Sold Price
$340,000
Premium/Discount to List
-$80,000
-19.05%
Current Estimated Value
$524,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,526
Avg. Annual Appreciation
3.58%
Original Mortgage
$240,000
Outstanding Balance
$170,265
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$354,261
Source: Public Records

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
Herbers Scott $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbers Scott $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2013 06/17/13 Sold $340,000 -19.0% $83 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
10/31/2012 10/31/12 For Sale $420,000 -- $103 / Sq Ft
Source: NoCoast MLS

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 $7,978 $494,960 $78,850 $416,110
2023 $8,002 $494,960 $78,850 $416,110
2022 $7,930 $432,020 $68,470 $363,550
2021 $7,930 $407,560 $64,590 $342,970
2020 $7,756 $407,560 $64,590 $342,970
2019 $7,874 $407,560 $64,590 $342,970
2018 $7,740 $407,560 $64,590 $342,970
2017 $7,908 $407,560 $64,590 $342,970
2016 $8,050 $407,560 $64,590 $342,970
2015 $8,050 $416,460 $64,260 $352,200
2014 $8,046 $416,460 $64,260 $352,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kevin Kolbe

    Ramsey-Weeks, Inc.

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Map

Source: NoCoast MLS

MLS Number: NOC5449628

NoCoast MLS

APN: 180-3313900

Iowa Poweshiek County Grinnell 50112

1601 Michael Ave, Grinnell, IA

This home is located at 1601 Michael Ave, Grinnell, IA 50112 since 31 October 2012 and is currently estimated at $524,526, approximately $128 per square foot. This property was built in 2004. 1601 Michael Ave is a home located in Poweshiek County with nearby schools including Grinnell Community Senior High School and Central Iowa Christian School.

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.

NoCoast MLS 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.

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