NOT LISTED FOR SALE

500 N Valley Dr Unit 207 Des Moines, IA 50312

Estimated Value: $182,000 - $192,000

2 Beds
2.5 Baths
1,152 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $88,908 $77 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,321/month

79 Days on Market

Highlights

  • 1 Fireplace
  • Tile Flooring
  • Dining Area
  • Shades
  • Forced Air Heating and Cooling System
  • 3-minute walk to Frisbie Park

About This Home

As of May 2013

Townhome in serene and secluded South of Grand location. Well maintained and in popular Frisbee Park. 2 bedrooms, 2 full baths and half bath, 2nd floor laundry (washer and dryer stay). Corner fireplace with stone detailing and built-in entertainment center, kitchen with ceramic tile flooring, all appliances stay (refrigerator, stove, dishwasher, microwave). 9' ceilings on main level. Large master bedroom with full bath and walk-in closet. 2nd bedroom with full bath and walk-in closet. 1 car attached garage. Views of wooded areas and pond. Access to walking/biking path. Convenient to downtown, Des Moines University, freeway access, shopping, parks.

Last Agent to Sell the Property

Lori Adrianse

RE/MAX Concepts Listed on: 02/11/2013

RE/MAX Concepts

Last Buyer's Agent

Sandy Ulmer-Fisher

AE Realty, Inc

AE Realty, Inc

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2001

Lot Details

  • 4,792

HOA Fees

  • $120 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Shades
  • Drapes & Rods
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 09002127013000

Townhouse Details

Home Type

Townhome

Year Built

Built in 2001

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Two Story
  • Lp Amt Sq Ft: 80.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 77.00
  • Unit: 207
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 2nd Flr Laundry, Cable TV, Carpeting, Drapes/Curtains, Shades/Shutters, Smoke Detector, Tile Floors, Vinyl 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: Dining Areas
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1152
  • Total Sq Ft: 1152

Exterior Features

  • Exterior: Stone, Vinyl Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 120.0000
  • Association Fee Term: Month

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

  • Assessor Parcel Number: 09002127013000
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2408.00
  • Net Taxes: 2408.00
  • Assessor Parcel Number: 500NVALLEYDR207POLKDESMOINE50312

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Apr 19, 2013
Sold by
Hanawalt Ryan and Hanawalt Barbara
Bought by
Melson Francis L and Melson Norma L
Seller's Agent
Lori Adrianse
RE/MAX Concepts
Buyer's Agent
Sandy Ulmer-Fisher
AE Realty, Inc
List Price
$92,500
Sold Price
$88,908
Premium/Discount to List
-$3,592
-3.88%
Current Estimated Value
$186,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,388
Avg. Annual Appreciation
6.11%
Original Mortgage
$71,126
Outstanding Balance
$50,319
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$135,977

Purchase Details

Closed on
Jul 20, 2007
Sold by
Hanawalt Ryan and Hanawalt Barbara
Bought by
Hanawalt Ryan and Hanawalt Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2007
Sold by
Brown Cason M and Brown Timothy J
Bought by
Hanawalt Ryan and Hanawalt Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Thies Nikki Dawn and Thies Brian
Bought by
Brown Cason M and Brown Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,320
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2002
Sold by
Frisbee Park Lc
Bought by
Hall Nikki D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,534
Interest Rate
7.13%
Mortgage Type
FHA
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
Melson Francis L $89,000 None Available
Hanawalt Ryan -- None Available
Hanawalt Ryan $121,500 None Available
Brown Cason M $117,500 --
Hall Nikki D $108,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melson Francis L $71,126
Previous Owner Hanawalt Ryan $18,000
Previous Owner Hanawalt Ryan $18,000
Previous Owner Hanawalt Ryan $91,500
Previous Owner Brown Cason M $94,320
Previous Owner Hall Nikki D $105,534
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2013 05/01/13 Sold $88,908 -3.9% $77 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $92,500 -- $80 / 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 $2,688 $173,800 $22,000 $151,800
2024 $2,688 $147,100 $18,400 $128,700
2023 $2,838 $147,100 $18,400 $128,700
2022 $2,814 $129,300 $16,400 $112,900
2021 $2,822 $129,300 $16,400 $112,900
2020 $2,926 $121,700 $16,200 $105,500
2019 $2,712 $121,700 $16,200 $105,500
2018 $2,678 $109,400 $15,500 $93,900
2017 $2,586 $109,400 $15,500 $93,900
2016 $2,514 $104,100 $15,800 $88,300
2015 $2,514 $104,100 $15,800 $88,300
2014 $2,408 $99,300 $19,400 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 412585

Des Moines Area Association of REALTORS®

APN: 090-02127013000