$66,900
SOLD JUL 24, 2017
0.4 Acre
$166,115 Price per Acre
17,543 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

3% Above List Price

464 Days on Market

About This Lot

As of December 2017

61 BRAND NEW RESIDENTIAL LOTS available and ready to dig! Located in Norwalk, IA, Timber View Plat 1 offers lots that back to a pond and trees, along with cul-de-sac, walk-out, daylight, and flat lots for an affordable price! Features Norwalk Schools and utilities and 5 year partial tax abatement through the City of Norwalk. Direct access to Highway 5 bypass and a short commute to everywhere in the metro! Timber View is open to all builders!

Last Agent to Sell the Property

Kalen Ludwig

Peoples Company Listed on: 02/16/2016

Co-Listed By

Keaton Dreher

Peoples Company

Last Buyer's Agent

Travis Moulton

RE/MAX Precision

RE/MAX Precision

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,784

Lot Details

  • 0.4 Acre Lot
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$8,784

Lot Details

0

Listing Details

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

Schools

  • School District: Norwalk

Lot Info

  • Lot Num: 20
  • Lot S F: 17543
  • Lot Type: Flat
  • Zoning: R

MLS Schools

  • School District: Norwalk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Dec 14, 2017
Sold by
Orton Homes L L C
Bought by
Foetisch Casey J and Foetisch Heather A
Seller's Agent
JC Walker
Pennie Carroll & Associates
Buyer's Agent
Cameron Campos
RE/MAX Concepts
List Price
$352,622
Sold Price
$388,306
Premium/Discount to List
$35,684
10.12%
Current Estimated Value
$538,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,343
Avg. Annual Appreciation
4.39%
Original Mortgage
$376,235
Outstanding Balance
$320,124
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$218,982

Purchase Details

Listed on
Feb 16, 2016
Closed on
Jul 21, 2017
Sold by
Kruse Construction Llc
Bought by
Orton Homes Llc
Seller's Agent
Kalen Ludwig
Peoples Company
Buyer's Agent
Travis Moulton
RE/MAX Precision
List Price
$64,900
Sold Price
$66,900
Premium/Discount to List
$2,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7191.22%
Original Mortgage
$290,546
Interest Rate
3.91%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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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 $388,000 None Available
Warranty Deed $388,000 None Available
Warranty Deed $67,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $88,000 New Conventional
Open $376,235 New Conventional
Closed $376,235 New Conventional
Previous Owner $290,546 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $388,306 +480.4% $236 / Sq Ft
11/18/2017 11/18/17 Pending -- -- --
07/24/2017 07/24/17 Sold $66,900 -81.0% $41 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $352,622 +443.3% $214 / Sq Ft
02/16/2016 02/16/16 For Sale $64,900 -- $39 / 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 $8,784 $477,100 $80,500 $396,600
2023 $6,962 $477,100 $80,500 $396,600
2022 $6,940 $320,200 $80,500 $239,700
2021 $6,640 $320,200 $80,500 $239,700
2020 $6,640 $289,300 $70,000 $219,300
2019 $6,500 $364,300 $70,000 $294,300
2018 $16 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 511701

Des Moines Area Association of REALTORS®

APN: 63233010200