$95,000
SOLD JUL 16, 2025
0.36 Acre
$263,889 Price per Acre
15,682 Sq Ft Lot

Recently Sold

47 Days on Market

About This Lot

As of July 2025

Pine Lake Estates expertly pairs luxury & sophistication w/ a family-focused lifestyle tailored for peace
& quiet. DRA Properties’ reputation for thoughtful planning & excellence continues in this project that is
poised to be one of the most anticipated in the metro. The crown jewel of DRA’s developments, Pine
Lake Estates, is located on the northeast edge of Ankeny featuring plenty of privacy & mature trees.
Future buyers can connect w/ their surroundings & feel miles from the closest amenity, even though
everything they need is moments away. Convenient interstate access means Downtown Des Moines, the
west side & destinations across the metro are a quick commute, as is Ames to the north. The site is in
the highly desirable Ankeny Schools, w/ plans for new Ankeny Elementary School complete. A gamut of
amenities are moments away, ranging from top-rated golf courses, award-winning healthcare, some of
the Midwest’s best dining & the metro’s best shopping. Pine Lake Estates surrounds its most
breathtaking feature, the 12 acre scenic lake complete w/ a walking trail & easy access to the water for
fishing, relaxation or simply taking in the views. We expect these to be the most in-demand lots & will
sell quickly, w/ just over 80 lots in this first phase, sized from 0.3 acre to over one acre. Buyers can
bring their own builder w/ the freedom & flexibility to make the home their own w/ standards that will
maintain the value & curb appeal of this premier development.

Last Agent to Sell the Property

Danielle Seifert

RE/MAX Concepts Listed on: 02/01/2024

RE/MAX Concepts

Last Buyer's Agent

Colin Panzi

LPT Realty, LLC

LPT Realty, LLC

Property Details

Property Type

  • Land

Lot Details

  • 0.36 Acre Lot
  • Level Lot

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 18152307477002

Property Details

Property Type

Land

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: Ankeny

Lot Info

  • Acres: 0.3600
  • Lot S F: 15623
  • Lot Type: Flat
  • Assessor Parcel Number: 18152307477002
  • Zoning: RES

MLS Schools

  • School District: Ankeny

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Jul 1, 2025
Sold by
Dra Properties Lc
Bought by
Redwood Builders Llc
Seller's Agent
Danielle Seifert
RE/MAX Concepts
Buyer's Agent
Colin Panzi
LPT Realty, LLC
List Price
$95,000
Sold Price
$95,000
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5439828448123182141931520.00%
Original Mortgage
$497,872
Outstanding Balance
$497,872
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
-$227,205
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 $95,000 None Listed On Document
Warranty Deed $95,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $497,872 Construction
Closed $497,872 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $625,335 +558.2% $358 / Sq Ft
07/16/2025 07/16/25 Sold $95,000 0.0% --
03/19/2024 03/19/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $95,000 -- --
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 -- $220 $220 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 688617

Des Moines Area Association of REALTORS®

APN: 181/52307-477-003