$42,500
SOLD MAR 28, 2023

2514 N 8th Ave E Newton, IA 50208

0.25 Acre
$170,000 Price per Acre
10,890 Sq Ft Lot

Recently Sold

609 Days on Market

About This Lot

As of June 2023

Amazing CORNER LOT to build your dream home with WALK-OUT lower level in Arbor Estates, Newton's hottest new development area! The neighborhood is next to the Newton Arboretum & Botanical Gardens featuring biking and walking trails, and stocked fishing pond. Berg School and Agnes Patterson Park are also in the neighborhood which include softball fields, basketball courts, sand volleyball and soccer field. The City of Newton is offering $10,000 CASH to build a new home in Newton, ask for details!

Last Agent to Sell the Property

Scott Neasham

RE/MAX Concepts Listed on: 07/13/2021

RE/MAX Concepts

Last Buyer's Agent

Adam Bugbee

EXP Realty, LLC

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90x120

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 0826427026

Property Details

Property Type

Land

Est. Annual Taxes

$10

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: Newton

Lot Info

  • Acres: 0.2500
  • Lot S F: 10800
  • Lot Size: 90x120
  • Assessor Parcel Number: 0826427026
  • Zoning: R-1

Tax Info

  • Gross Taxes: 12.00
  • Net Taxes: 12.00
  • Tax Year: 2020

MLS Schools

  • School District: Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Mar 24, 2023
Sold by
Newton Housing Dev Corp
Bought by
Genesis Homes Inc
Seller's Agent
Scott Neasham
RE/MAX Concepts
Buyer's Agent
Adam Bugbee
EXP Realty, LLC
List Price
$42,500
Sold Price
$42,500
Views
191
Current Estimated Value
$489,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,011
Avg. Annual Appreciation
180.75%
Original Mortgage
$30,000,000
Outstanding Balance
$28,370,164
Interest Rate
6.12%
Mortgage Type
Construction
Estimated Equity
-$27,899,226
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 $42,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $568,786 -0.2% $309 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $569,900 +1240.9% $310 / Sq Ft
03/28/2023 03/28/23 Sold $42,500 0.0% --
03/14/2023 03/14/23 Pending -- -- --
05/24/2022 05/24/22 For Sale $42,500 0.0% --
05/05/2022 05/05/22 Off Market $42,500 -- --
07/13/2021 07/13/21 For Sale $42,500 -- --
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 $10 $441,120 $50,900 $390,220
2023 $10 $500 $500 $0
2022 $12 $500 $500 $0
2021 $12 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 633356

Des Moines Area Association of REALTORS®

APN: 0826427026