NOT LISTED FOR SALE

318 N East Megan Ave Elkhart, IA 50073

Estimated Value: $339,890 - $363,000

4 Beds
2 Baths
1,526 Sq Ft
$229/Sq Ft Est. Value

Last Sold June 09, 2020

Last sale price $258,000 $169 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,229/month

101 Days on Market

Highlights

  • New Construction
  • Ranch Style House
  • Eat-In Kitchen
  • North Polk Central Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of June 2020

MUST SEE home located across the street from city park. North Polk Schools. 4 bedrooms on main level with 9’ ceilings. Living room and kitchen features 12' ceilings. Kitchen is open to the living room. Master suite, including a walk in closet and tiled shower. High end finishes include quartz countertops, soft close kitchen cabinets, deluxe triple stacked trim, ceiling fans in all bedrooms, fingerprint resistant stainless steel appliances, and multiple built-in lockers. Basement has egress window for future bedroom and stubbed for bathroom. 2x6 construction. 100% financing available through USDA program & 3 yr. tax abatement with the city of Elkhart.

Last Agent to Sell the Property

Dave Cummins

Platinum Realty LLC Listed on: 02/01/2020

Platinum Realty LLC

Last Buyer's Agent

Susan Sutton-ludwig

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $117

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,454

Home Design

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

Interior Spaces

  • 1,526 Sq Ft Home
  • Family Room
  • Unfinished Basement
  • Basement Window Egress
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Mainstream Builders, LLC

Listing and Financial Details

  • Assessor Parcel Number 21100177138000

Home Details

Home Type

Single Family

Est. Annual Taxes

$117

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Mainstream Builders, LLC
  • Lp Amt Sq Ft: 170.31
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 169.07
  • Termite: New Construction
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Egress Windows, Unfinished
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1526
  • Total Sq Ft: 1526

Exterior Features

  • Exterior: Stone, Vinyl Siding
  • Foundation: Concrete Block, Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete, Public Sidewalk
  • Trim: Birch, Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: North Polk

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Lot Shape: Regular
  • Assessor Parcel Number: 21100177138000
  • Zoning: R-1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 117.14
  • Net Taxes: 117.14

MLS Schools

  • School District: North Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jun 9, 2020
Sold by
Main Stream Builders Llc
Bought by
Peterson Brian J and Peterson Chloe M
Seller's Agent
Dave Cummins
Platinum Realty LLC
Buyer's Agent
Susan Sutton-ludwig
RE/MAX Concepts
List Price
$289,900
Sold Price
$258,000
Premium/Discount to List
-$31,900
-11%
Current Estimated Value
$348,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,973
Avg. Annual Appreciation
5.91%
Original Mortgage
$228,000
Outstanding Balance
$202,995
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$145,978

Purchase Details

Closed on
Aug 26, 2019
Sold by
Fordyce Bradley and Fordyce Molly
Bought by
Main Stream Builders Llc

Purchase Details

Closed on
Apr 26, 2017
Sold by
Yocum Charles
Bought by
R & D Land Investments Ltd
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Peterson Brian J $258,000 None Available
Main Stream Builders Llc $38,000 None Available
R & D Land Investments Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Brian J $228,000
Previous Owner Mainstream Builders Llc $266,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2020 06/09/20 Sold $258,000 -11.0% $169 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $289,900 -- $190 / 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 $4,108 $303,900 $56,600 $247,300
2023 $3,614 $303,900 $56,600 $247,300
2022 $3,730 $246,000 $47,800 $198,200
2021 $116 $246,000 $47,800 $198,200
2020 $116 $191,300 $34,100 $157,200
Source: Public Records

Agents Affiliated with this Home

  • Dave Cummins

    Seller's Agent in 2020

    Dave Cummins

    Platinum Realty LLC

    (515) 975-9858

    5 Total Sales

    Dave Cummins
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 598383

Des Moines Area Association of REALTORS®

APN: 211/00177-137-003

Iowa Polk County Elkhart 50073

318 N East Megan Ave, Elkhart, IA

This home is located at 318 N East Megan Ave, Elkhart, IA 50073 since 01 February 2020 and is currently estimated at $348,973, approximately $228 per square foot. This property was built in 2020. 318 N East Megan Ave is a home located in Polk County with nearby schools including North Polk Central Elementary School, North Polk West Elementary School, and North Polk Middle 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.

Nearby Homes