$334,000
SOLD OCT 7, 2021

2425 N 7th Ave E Newton, IA 50208

3 Beds
2 Baths
1,534 Sq Ft
10,353 Sq Ft Lot

Recently Sold

$218 Per Sq Ft

1% Above List Price

50 Days on Market

Highlights

  • Deck
  • No HOA
  • Tile Flooring
  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

Don't want to pay new construction prices or wait for your home to be built? Here is a chance to own an immaculate ranch in Newton's Fairmeadows addition. Within walking distance to park and Arboretum. Hardwired security system included. Builder warranty transfers to new buyer! All appliances stay! Call your realtor today for a personal showing!

Last Agent to Sell the Property

Megan Meyer

Iowa Realty Newton Listed on: 08/18/2021

Co-Listed By

Andrea Steenhoek

Realty ONE Group Impact

Last Buyer's Agent

Toni Peska

Iowa Realty Newton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,269

Year Built

  • Built in 2019

Lot Details

  • 10,353 Sq Ft Lot
  • Lot Dimensions are 87 x 119

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,534 Sq Ft Home
  • Gas Fireplace
  • Dining Area
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Genesis Homes

Listing and Financial Details

  • Assessor Parcel Number 0826475001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,269

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Genesis Homes
  • Lp Amt Sq Ft: 215.12
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 217.73
  • Termite: Call Listing Agent
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Direct Vent Gas
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, Laminate Floors, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1534
  • Sq Ft Fin Bsmt: 19
  • Dining Room: Dining Areas, Eat In Kitchen
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1534
  • Total Sq Ft: 1534

Exterior Features

  • Exterior: Stone, Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 638
  • Garage: 3 Attached
  • Garage Parking Stalls: 3

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Newton

Lot Info

  • Acres: 0.2400
  • Lot S F: 10353
  • Lot Shape: Regular
  • Lot Size: 87 x 119
  • Assessor Parcel Number: 0826475001
  • 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: 5268.51
  • Net Taxes: 5066.00
  • Tax Year: 2020

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 7, 2022
Sold by
Monarchino Mitchell K and Monarchino Emily B
Bought by
Valenzuela Adam and Valenzuela Margaret
Seller's Agent
Toni Peska
Iowa Realty Newton
Buyer's Agent
Elli Jennings
RE/MAX Real Estate Center
List Price
$345,000
Sold Price
$337,000
Premium/Discount to List
-$8,000
-2.32%
Current Estimated Value
$350,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,696
Avg. Annual Appreciation
4.20%
Original Mortgage
$330,896
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 6, 2021
Sold by
Nidey Mathew L and Nidey Matthew A
Bought by
Monarchino Mitchell K and Monarchino Emily B
Seller's Agent
Megan Meyer
Iowa Realty Newton
Buyer's Agent
Toni Peska
Iowa Realty Newton
List Price
$330,000
Sold Price
$334,000
Premium/Discount to List
$4,000
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$267,200
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $337,000 --
Warranty Deed $334,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $331,741 FHA
Closed $330,896 FHA
Previous Owner $267,200 New Conventional
Previous Owner $267,200 New Conventional
Previous Owner $259,682 FHA
Previous Owner $1,400,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $337,000 0.0% $234 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/28/2022 09/28/22 Price Changed $337,000 -2.3% $234 / Sq Ft
09/16/2022 09/16/22 For Sale $345,000 +3.3% $240 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/07/2021 10/07/21 Sold $334,000 +1.2% $218 / Sq Ft
08/18/2021 08/18/21 For Sale $330,000 +33.1% $215 / Sq Ft
08/02/2019 08/02/19 Sold $247,900 -0.8% $175 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $249,900 -- $177 / 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 $5,878 $311,990 $42,200 $269,790
2023 $5,878 $311,990 $42,200 $269,790
2022 $5,280 $264,360 $42,200 $222,160
2021 $5,066 $246,300 $42,200 $204,100
2020 $5,066 $224,640 $39,360 $185,280
2019 $8 $550 $0 $0
2018 $8 $550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 635871

Des Moines Area Association of REALTORS®

APN: 0826475001