NOT LISTED FOR SALE

500 N Valley Dr Unit 204 Des Moines, IA 50312

Estimated Value: $201,000 - $236,000

2 Beds
2.5 Baths
1,332 Sq Ft
$160/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $140,000 $105 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,524/month

11 Days on Market

Highlights

  • 1 Fireplace
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Shades
  • Tile Flooring
  • 4-minute walk to Frisbie Park

About This Home

As of February 2018

Don't miss out on this end unit town home in serene and secluded South of Grand location! Walk up onto the spacious front porch area perfect for entertaining/grilling. Step inside to the 9' ceilings in the living room with corner fireplace. Stone detailing covers the built-in entertainment center. Dining area is next to kitchen with tile floors, counter seating, and large window bringing in plenty of natural daylight. Half bath right next to the attached 2 car garage for your convenience. Stairs lead up to two OVER-SIZED bedrooms with both offering large walk in closets, two FULL baths, PLUS a loft area perfect for an office/ play area. Conveniently located next to the bike trail, quick access to downtown, Valley Junction, Des Moines University, freeway access, parks. Put the shovel and mower away and enjoy town home living!

Last Agent to Sell the Property

Savannah Savage

Keller Williams Realty GDM Listed on: 01/11/2018

Keller Williams Realty GDM

Last Buyer's Agent

Jacob Ham

Smart Avenue

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 2001

Lot Details

  • 4,792

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Block Foundation
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Shades
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 09002127010000

Community Details

Overview

  • Collin Properties Association

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,384

Year Built

Built in 2001

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Two Story
  • Lp Amt Sq Ft: 103.60
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 105.11
  • Unit: 204
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Interior Amenities: Carpeting, Fire Alarm, Shades/Shutters, Tile Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Slab
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1332
  • Total Sq Ft: 1332

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block, Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Exterior Maint./Bldg., Lawn Care

Condo/Co-op/Association

  • Association Fee: 140.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Frisbee Park Condo
  • Management Firm: Collin Properties

Schools

  • School District: Des Moines Independent

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: 09002127010000
  • Zoning: PUD

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3383.51
  • Net Taxes: 3153.13

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Feb 9, 2018
Sold by
Johnson Alexander and Johnson Kathryn
Bought by
Lamb Elizabeth
Seller's Agent
Savannah Savage
Keller Williams Realty GDM
Buyer's Agent
Jacob Ham
Smart Avenue
List Price
$138,000
Sold Price
$140,000
Premium/Discount to List
$2,000
1.45%
Current Estimated Value
$212,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,507
Avg. Annual Appreciation
5.59%
Original Mortgage
$135,800
Outstanding Balance
$74,952
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$137,555

Purchase Details

Closed on
Dec 15, 2016
Sold by
Witt Jeffrey and Witt Lynnette
Bought by
Johnson Alexander and Johnson Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,120
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2012
Sold by
Hsbc Bank Usa Na
Bought by
Witt Jeffrey and Witt Lynnette

Purchase Details

Closed on
Aug 5, 2011
Sold by
Kwofie Joseph and Kwofie Monica
Bought by
Hsbc Bank Usa Na and Age Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Feb 23, 2006
Sold by
Boeding Corwin T and Boeding Julie R
Bought by
Kwofie Joseph and Kwofie Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
9.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 17, 2004
Sold by
Kelso Julie R
Bought by
Boeding Corwin T and Boeding Julie R
Source: Public Records

Range of Values:

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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
Lamb Elizabeth $140,000 None Available
Johnson Alexander $101,625 None Available
Witt Jeffrey $78,199 Title & Abstract Reo Inc
Hsbc Bank Usa Na -- None Available
Kwofie Joseph $134,500 Itc
Boeding Corwin T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Elizabeth $135,800
Previous Owner Johnson Alexander $81,120
Previous Owner Kwofie Joseph $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $140,000 +1.4% $105 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $138,000 -- $104 / 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
2025 $3,132 $199,900 $22,000 $177,900
2024 $3,132 $169,700 $18,400 $151,300
2023 $3,282 $169,700 $18,400 $151,300
2022 $3,254 $148,100 $16,400 $131,700
2021 $3,252 $148,100 $16,400 $131,700
2020 $3,372 $138,900 $16,200 $122,700
2019 $3,134 $138,900 $16,200 $122,700
2018 $3,096 $125,100 $15,500 $109,600
2017 $3,202 $125,100 $15,500 $109,600
2016 $3,120 $118,400 $15,800 $102,600
2015 $3,120 $118,400 $15,800 $102,600
2014 $2,986 $112,400 $19,400 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 553344

Des Moines Area Association of REALTORS®

APN: 090-02127010000