NOT LISTED FOR SALE

1620 S 15th Ave W Unit 5 Newton, IA 50208

Estimated Value: $80,000 - $103,000

1 Bed
1 Bath
744 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $61,000 $82 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $683/month

49 Days on Market

Highlights

  • Eat-In Kitchen
  • Family Room
  • Dining Area
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Now is your perfect chance at a great investment in Newton!! In a great location, easy to rent and with a great layout, this condo is perfect for anyone looking for that start in a home of their own or for a great rental property! This home features a great layout with two large bedrooms and a full bath. The main living area and kitchen are a perfect size and have an open layout, plus a great view out of the sliding door with private deck! There is even new carpet!! A little bit of elbow grease from the new owner and this place will be as good as new! There is even a deep one car garage with the unit that provides a ton of extra storage! There aren't many homes in this price point so call today to schedule your private showing or you might miss out!

Last Listed By

Nathan Lee

Realty ONE Group Impact Listed on: 05/27/2022

Realty ONE Group Impact

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1994

Lot Details

  • 3,049

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 744 Sq Ft Home
  • Family Room
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Additional Features

  • 3,049 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Farrell Place Homeowners Assoc Association

Listing and Financial Details

  • Assessor Parcel Number 1304105005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,488

Year Built

Built in 1994

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 92.61
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 81.99
  • Unit: 5
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 744
  • Total Sq Ft: 744

Exterior Features

  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 60.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Farrell Place Homeowners Assoc
  • Management Firm: Farrell Place Homeowners Assoc

Schools

  • School District: Newton

Lot Info

  • Acres: 0.0700
  • Lot S F: 3049
  • Assessor Parcel Number: 1304105005
  • 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: 1488.00
  • Net Taxes: 1488.00

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 30, 2022
Sold by
Ken Untrauer
Bought by
Curtis W Vangilder Revocable Trust
Seller's Agent
Nathan Lee
Realty ONE Group Impact
Buyer's Agent
Mark Siddall
First Choice Realty
List Price
$75,000
Sold Price
$61,000
Premium/Discount to List
-$14,000
-18.67%
Total Days on Market
49
Views
1
Current Estimated Value
$86,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,716
Avg. Annual Appreciation
18.07%
Original Mortgage
$61,000
Outstanding Balance
$59,024
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$36,014

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 Buyer Sale Price Title Company
Curtis W Vangilder Revocable Trust $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curtis W Vangilder Revocable Trust $61,000
Previous Owner Untrauer Ken $41,290
Previous Owner Untrauer Ken $38,329
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $61,000 -11.5% $82 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/10/2022 07/10/22 Price Changed $68,900 -8.1% $93 / Sq Ft
05/27/2022 05/27/22 For Sale $75,000 -- $101 / 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 $1,678 $85,470 $7,880 $77,590
2023 $1,678 $89,080 $7,880 $81,200
2022 $1,516 $74,690 $7,880 $66,810
2021 $1,488 $68,170 $7,880 $60,290
2020 $1,488 $63,450 $7,880 $55,570
2019 $1,360 $56,350 $0 $0
2018 $1,360 $56,350 $0 $0
2017 $1,362 $56,350 $0 $0
2016 $1,362 $56,350 $0 $0
2015 $1,330 $56,350 $0 $0
2014 $1,278 $56,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 653008

Des Moines Area Association of REALTORS®

APN: 13-04-105-005