NOT LISTED FOR SALE

3542 Richland Rd van Meter, IA 50261

Estimated Value: $680,000 - $954,000

1.29 Acres
$599,533 Price per Acre
56,192 Sq Ft Lot

Last Sold November 30, 2021

Last sale price $575,000 $208 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,048/month

39 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Den
  • Van Meter Elementary School Rated A
  • No HOA
  • Eat-In Kitchen

About This Lot

As of November 2021

Welcome to this one of a kind acreage located on top of the hill on a peaceful and private 1.29 acre lot. 4,000+ sq ft of living space surrounded with large yard backing into timber. Main level consists of open floor plan with massive kitchen island, SS appliances, huge walk in pantry, office space which could be an additional bedroom, engineered hardwood floors, and cedar trim+beams. Walk upstairs and find the beautiful master with en suite w/ spacious walk in closet and laundry area. 3 additional bedrooms and a full bathroom also on the second level. Finished basement with 2 additional rooms, full bathroom, LVP floors, 2nd living room area + wetbar. But that's not all!...3 car over sized garage, saltless water softener, hard surface fire pit, and a double deck/patio space are additional perks to this home. Very near the High School and Trindle Park with trails. Only 15 minutes away from WDM and all the city conveniences...make a offer now and settle in time for the holiday season!

Last Agent to Sell the Property

Shane Torres

RE/MAX Concepts Listed on: 10/22/2021

RE/MAX Concepts

Co-Listed By

Ayeesha Ali

RE/MAX Concepts

Last Buyer's Agent

Shane Torres

RE/MAX Concepts Listed on: 10/22/2021

RE/MAX Concepts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,058

Year Built

  • Built in 2015

Lot Details

  • 1.29 Acre Lot

Home Design

  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2,771 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 1 Fireplace
  • Family Room Downstairs
  • Dining Area
  • Den
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1527178002

Property Details

Property Type

Land

Est. Annual Taxes

$8,058

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Two Story
  • Lp Amt Sq Ft: 207.51
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 207.51
  • Termite: Follow Showing Instructions
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 2nd Flr Laundry, Carpeting, Hardwood Floors, Laminate Floors, Wet Bar
  • Total Bathrooms: 4.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 3
  • Partial Bath 1st Floor: 1
  • Partial Bath 2nd Floor: 1
  • Partial Bath Lower: 1
  • Basement Description: Finished, Partial, Walkout
  • Sq Ft Bsmt: 1457
  • Sq Ft Fin Bsmt: 42
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor, Lower Level
  • Other Rooms: Pantry, Study, See Remarks
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 2771
  • Total Sq Ft: 2771

Exterior Features

  • Exterior: Cement Board
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Propane

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Van Meter

Lot Info

  • Acres: 1.2900
  • Lot S F: 56192
  • Lot Shape: Regular
  • Assessor Parcel Number: 1527178002
  • Zoning: R

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: 8058.00
  • Net Taxes: 7888.00
  • Tax Year: 2020

MLS Schools

  • School District: Van Meter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 29, 2021
Sold by
Russo Michael D and Russo Jessica D
Bought by
Thummel Nick and Thummel Kimberly
Seller's Agent
Shane Torres
RE/MAX Concepts
Buyer's Agent
Shane Torres
RE/MAX Concepts
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$782,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,119
Avg. Annual Appreciation
8.21%
Original Mortgage
$460,000
Outstanding Balance
$427,296
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$342,068

Purchase Details

Closed on
Jan 10, 2016
Sold by
Frampton Homes Inc
Bought by
Russo Michael D and Russo Jessica D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,900
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 2015
Sold by
Russo Michael D and Russo Jessica D
Bought by
Frampton Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.01%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 12, 2014
Closed on
Apr 3, 2015
Sold by
Hilltop Van Meter Lc
Bought by
Russo Michael D and Russo Jessica D
Seller's Agent
Nathan Drew
Drew Realty Company, LLC
Buyer's Agent
Shane Torres
RE/MAX Concepts
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.22%
Source: Public Records

Range of Values:

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Average Value
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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
Thummel Nick $575,000 None Available
Russo Michael D $405,000 None Available
Frampton Homes Inc $77,000 None Available
Russo Michael D $111,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thummel Nick $460,000
Previous Owner Russo Michael D $490,500
Previous Owner Russo Michael D $425,700
Previous Owner Russo Michael D $423,000
Previous Owner Russo Michael D $388,900
Previous Owner Frampton Homes Inc $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $575,000 0.0% $208 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $575,000 +666.7% $208 / Sq Ft
04/06/2015 04/06/15 Sold $75,000 -11.8% --
03/07/2015 03/07/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $85,000 -- --
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
2023 $9,190 $606,700 $110,000 $496,700
2022 $7,534 $488,710 $85,000 $403,710
2021 $7,534 $409,840 $75,000 $334,840
2020 $7,832 $408,920 $75,000 $333,920
2019 $8,072 $408,920 $75,000 $333,920
2018 $8,072 $403,390 $75,000 $328,390
2017 $8,462 $403,390 $75,000 $328,390
2016 $176 $403,390 $75,000 $328,390
2015 $176 $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: 640323

Des Moines Area Association of REALTORS®

APN: 15-27-178-002