NOT LISTED FOR SALE

2931 Lafayette Ave Melbourne, IA 50162

Estimated Value: $269,000 - $290,000

1.01 Acres
$278,194 Price per Acre
43,996 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $275,000 $132 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,761/month

94 Days on Market

Highlights

  • Sun or Florida Room
  • Eat-In Kitchen
  • Dining Area
  • No HOA
  • Central Air
  • Carpet

About This Lot

As of July 2023

Introducing a beautifully remodeled modern farmhouse on 1.01 Acre (2 parcels) with 4 bedrooms, 2 bathrooms, and 26 x 30 detached garage! Step inside to a light-filled enclosed sunroom that opens to the L-shaped living room to dining area to kitchen, perfect for entertaining. The new kitchen boasts stainless steel appliances (stove & dishwasher) and stylish cabinets with plenty of storage space. Adjacent to the kitchen is a half bath and mudroom leading to the back door.

There is a main floor bedroom off the living room, and upstairs are three additional bedrooms, a full bathroom, and a laundry area on spacious landing. But the highlight of this home is the fully finished roomy loft on the third floor, ideal for a family room, additional bedroom, or playroom.

This home has been extensively remodeled with new siding, windows, doors, flooring, trim, electrical, HVAC, and hot water heater. The included adjoining lot has a 30 x 40 shop and 20 x 30 lean-to. Home owner will clean out the shop before closing.

Don't miss your chance to own this stunning modern farmhouse in a quiet location.

Last Agent to Sell the Property

Jake Jenkins

RE/MAX Concepts Listed on: 03/27/2023

RE/MAX Concepts

Co-Listed By

Jo Jenkins

RE/MAX Concepts

Last Buyer's Agent

Jean Diaz

EXIT Realty & Associates

EXIT Realty & Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $598

Year Built

  • Built in 1917

Lot Details

  • 1.01 Acre Lot

Home Design

  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 2,089 Sq Ft Home
  • 3-Story Property
  • Drapes & Rods
  • Dining Area
  • Sun or Florida Room
  • Laundry on upper level
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Central Air
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 82191278007 & 821911278002

Property Details

Property Type

Land

Est. Annual Taxes

$598

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Three Story
  • Lp Amt Sq Ft: 131.64
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 131.64
  • Termite: Call Listing Agent
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 3

Interior Features

  • Interior Amenities: 2nd Flr Laundry, Carpeting, Drapes/Curtains, Laminate Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 784
  • Dining Room: Dining Areas, Eat In Kitchen
  • Other Rooms: Sun Room
  • Included Items: Dishwasher, Stove
  • Living Area Sq Ft: 2089
  • Total Sq Ft: 2089

Exterior Features

  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 780
  • Garage: 2 Detached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Propane

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Marshalltown

Lot Info

  • Acres: 1.0100
  • Lot S F: 43776
  • Lot Shape: Regular
  • Assessor Parcel Number: 82191278007 & 821911278002
  • 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: 598.00
  • Net Taxes: 598.00
  • Tax Year: 2021

MLS Schools

  • School District: Marshalltown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Jul 26, 2023
Sold by
Gardner Jonathan and Gardner Amy
Bought by
Ortiz Bautista Marcos and Brando Ortiz-Olmos Brando
Seller's Agent
Jake Jenkins
RE/MAX Concepts
Buyer's Agent
Jean Diaz
EXIT Realty & Associates
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Views
100
Current Estimated Value
$282,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,245
Avg. Annual Appreciation
-2.73%
Original Mortgage
$270,019
Outstanding Balance
$265,057
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
-$5,031

Purchase Details

Closed on
Jul 15, 2022
Sold by
Morales Soriancleand Arcelia and Morales Valentin
Bought by
Gardner Jonathan
Source: Public Records

Range of Values:

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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
Ortiz Bautista Marcos $275,000 None Listed On Document
Gardner Jonathan $18,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Bautista Marcos $8,449
Open Ortiz Bautista Marcos $270,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $275,000 0.0% $132 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $275,000 -4.8% $132 / Sq Ft
05/19/2023 05/19/23 Price Changed $289,000 -3.3% $138 / Sq Ft
03/27/2023 03/27/23 For Sale $299,000 -- $143 / 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 $2,426 $192,510 $2,510 $190,000
2023 $508 $192,510 $2,510 $190,000
2022 $238 $32,250 $2,510 $29,740
2021 $262 $14,460 $2,510 $11,950
2020 $261 $15,230 $2,510 $12,720
Source: Public Records

Agents Affiliated with this Home

  • Jake Jenkins

    Seller's Agent in 2023

    Jake Jenkins

    RE/MAX

    (641) 831-3567

    109 Total Sales

    Section Image
  • Jo Jenkins

    Seller Co-Listing Agent in 2023

    Jo Jenkins

    RE/MAX

    (641) 521-0302

    145 Total Sales

    Section Image
  • Jean Diaz

    Buyer's Agent in 2023

    Jean Diaz

    EXIT Realty & Associates

    (515) 451-0736

    39 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 669791

Des Moines Area Association of REALTORS®

APN: 8219-11-278-002

Iowa Marshall County Melbourne 50162

2931 Lafayette Ave, Melbourne, IA

This home is located at 2931 Lafayette Ave, Melbourne, IA 50162 since 27 March 2023 and is currently estimated at $280,976, approximately $134 per square foot. This property was built in 1917. 2931 Lafayette Ave is a home located in Marshall County with nearby schools including Fisher Elementary School, B.R. Miller Middle School, and Marshalltown High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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