NOT LISTED FOR SALE

Estimated Value: $527,000 - $605,000

2.55 Acres
$224,373 Price per Acre
111,078 Sq Ft Lot

Last Sold August 12, 2020

Last sale price $451,000 $199 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,571/month

14 Days on Market

Highlights

  • Home Theater
  • Deck
  • Ranch Style House
  • 2.55 Acre Lot
  • Recreation Room
  • Wood Flooring

About This Lot

As of August 2020

ACREAGE! Have you been dreaming of the quiet country life? Imagine yourself sipping your morning coffee from the front porch of this immaculate custom built ranch, minutes from DSM. This home features 4000+ sf of finish. Main level greets you w a lg family rm w stone fireplace, spacious kitchen, an office/study,1st floor laundry, master bdrm & bath w steam shower & heated floors, a huge walk in closet, plus 2 addtnl bdrms, 1 full ba and 1 half bath. The walk-out LL will not disappoint, w an AMAZING space to entertain guests! It has a massive bar, gaming area, & theater room. Perfect to host a sporting event on the big screen. LL also has 1 bdrm & 1 nonconforming bdrm &1 full bath, lg storage rm. You will love the outdoor oasis w 2 firepits-1 propane & 1 wood, a massive patio w bar under the main level deck. Gorgeous manicured yard & landscaping! A must see!

Last Agent to Sell the Property

Shawna Astor

Iowa Realty South Listed on: 07/29/2020

Iowa Realty South

Last Buyer's Agent

Ann Holtz

RE/MAX Concepts

RE/MAX Concepts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,654

Year Built

  • Built in 2001

Lot Details

  • 2.55 Acre Lot
  • Property is zoned RR-1

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,268 Sq Ft Home
  • Wet Bar
  • Gas Log Fireplace
  • Home Theater
  • Den
  • Recreation Room
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Utilities

  • Central Air
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 05000140688, 05000230420

Community Details

Recreation

  • Deck
  • Covered Patio or Porch
  • Fire Pit

Property Details

Property Type

Land

Est. Annual Taxes

$5,654

Year Built

Built in 2001

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Lp Amt Sq Ft: 207.19
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 198.85
  • Termite: Follow Showing Instructions
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: Gas Log
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, Hardwood Floors, Smoke Detector, Tile Floors, Wet Bar
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 2268
  • Dining Room: Eat In Kitchen
  • Family Room: Rec. Room
  • Other Rooms: Study, Theater Room
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2268
  • Total Sq Ft: 2268

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Covered Patio, Deck, Fire Pit, Open Patio
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Gravel
  • Trim: Oak

Garage/Parking

  • Driveway: Gravel
  • Garage: 3 Attached
  • Garage Parking Stalls: 3

Utilities

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

Association/Amenities

  • Amenities: See Remarks
  • HOA Name: 115th Lane Road Assoc
  • Management Firm: Self Managed

Condo/Co-op/Association

  • Association Fee: 200.0000
  • Association Fee Term: Year
  • Association Fee: Yes

Schools

  • School District: Indianola

Lot Info

  • Acres: 2.5500
  • Lot S F: 111078
  • Assessor Parcel Number: 05000140688, 05000230420
  • Zoning: RR-1

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: 5653.54
  • Net Taxes: 5512.00

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 23, 2020
Sold by
Peterson Bradley H and Peterson Julie C
Bought by
Peterson Melissa A
Seller's Agent
Shawna Astor
Iowa Realty South
Buyer's Agent
Ann Holtz
RE/MAX Concepts
List Price
$469,900
Sold Price
$451,000
Premium/Discount to List
-$18,900
-4.02%
Current Estimated Value
$572,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,151
Avg. Annual Appreciation
4.73%
Original Mortgage
$351,000
Outstanding Balance
$311,489
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$260,662
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
Peterson Melissa A $451,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Melissa A $351,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Pending -- -- --
08/12/2020 08/12/20 Sold $451,000 -4.0% $199 / Sq Ft
07/29/2020 07/29/20 For Sale $469,900 -- $207 / 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 $6,110 $459,600 $63,000 $396,600
2023 $5,788 $459,600 $63,000 $396,600
2022 $5,738 $381,700 $61,700 $320,000
2021 $5,654 $381,700 $61,700 $320,000
2020 $5,654 $357,900 $61,700 $296,200
2019 $5,488 $357,900 $61,700 $296,200
2018 $5,608 $339,100 $0 $0
2017 $5,608 $339,100 $0 $0
2016 $5,186 $313,700 $0 $0
2015 $5,186 $313,700 $0 $0
2014 $5,172 $313,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 610879

Des Moines Area Association of REALTORS®

APN: 05000140688