NOT LISTED FOR SALE

Estimated Value: $338,840

-- Bed
1 Bath
1,360 Sq Ft
$249/Sq Ft Est. Value

About This Home

This home is located at 2907 Merle Hay Rd, Des Moines, IA 50310 and is currently estimated at $338,840, approximately $249 per square foot. 2907 Merle Hay Rd is a home located in Polk County with nearby schools including Hillis Elementary School, Meredith Middle School, and Hoover High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2023
Sold by
Cardwell Stephanie J
Bought by
Drj Investments Llc
Current Estimated Value
$338,840

Purchase Details

Closed on
Feb 24, 2023
Sold by
Donald Dean Swearingen Trust
Bought by
Drj Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2022
Sold by
Lowery Latanya and Lowery Timothy
Bought by
Drj Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2022
Sold by
Mary Chittenden
Bought by
Drj Investments Llc

Purchase Details

Closed on
Apr 8, 2022
Sold by
Leroy Parker Stephen
Bought by
Drj Investments Llc

Purchase Details

Closed on
Mar 25, 2022
Sold by
Joseph R Jester V Llc
Bought by
J & R Organization Llc

Purchase Details

Closed on
Feb 2, 2022
Sold by
Wells Betty J
Bought by
Djr Investments Llc

Purchase Details

Closed on
Jul 17, 2019
Sold by
Midwest Lighting & Controls Llc
Bought by
Ibarra Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 6, 2018
Sold by
Brown Jim K
Bought by
Midwest Lighting & Controls Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 4, 2009
Sold by
Brown Jim K and Brown Melanie A
Bought by
State Of Iowa and Iowa Department Of Transportation

Purchase Details

Closed on
Feb 29, 2008
Sold by
Brown Ronald W and Brown Janice W
Bought by
Brown Jim K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2001
Sold by
O P M Partners
Bought by
Brown Ronald W and Brown Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Drj Investments Llc $196,000 None Listed On Document
Drj Investments Llc $68,000 --
Drj Investments Llc $89,000 --
Drj Investments Llc $151,000 --
Drj Investments Llc $48,000 None Listed On Document
J & R Organization Llc $120,000 None Listed On Document
J & R Organization Llc $715,000 None Listed On Document
Djr Investments Llc $98,000 None Listed On Document
Ibarra Realty Group Llc $247,500 None Available
Midwest Lighting & Controls Llc $225,000 None Available
State Of Iowa $8,600 None Available
Brown Jim K $159,500 Itc
Brown Ronald W $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drj Investments Llc $100,000
Previous Owner Ibarra Realty Group Llc $245,000
Previous Owner Midwest Lighting & Controls Llc $247,500
Previous Owner Midwest Lighting & Controls Llc $225,000
Previous Owner Brown James K $136,443
Previous Owner Brown James K $149,145
Previous Owner Brown Jim K $162,000
Previous Owner Brown Ronald W $126,000
Source: Public Records

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 $4,518 $191,000 $144,000 $47,000
2023 $3,924 $191,000 $144,000 $47,000
2022 $3,742 $160,000 $120,000 $40,000
2021 $3,868 $160,000 $120,000 $40,000
2020 $4,018 $155,000 $110,000 $45,000
2019 $6,162 $155,000 $110,000 $45,000
2018 $3,858 $145,000 $109,500 $35,500
2017 $3,624 $145,000 $109,500 $35,500
2016 $3,532 $134,000 $91,200 $42,800
2015 $3,532 $134,000 $91,200 $42,800
2014 $4,720 $131,000 $91,200 $39,800
Source: Public Records

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