NOT LISTED FOR SALE

500 N Valley Dr Unit 407 Des Moines, IA 50312

Estimated Value: $184,000 - $194,000

2 Beds
2.5 Baths
1,152 Sq Ft
$165/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $180,000 $156 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,394/month

Highlights

  • Pond
  • Tile Flooring
  • Dining Area
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • 3-minute walk to Frisbie Park

About This Home

As of March 2023

Location Location Location! This chance at a South of Grand North of Valley Junction Townhouse does not disappoint! Close to bike trails to Grey's Lake/Downtown or the Des Moines Menace fields! Easy access to the interstate and close to Frisbee Park. This quiet small community of only 52 units is a hidden gem! This updated space has new hardware, updated flooring and paint, updated railing to the upstairs and much more! The kitchen has yet to be updated but offers an opportunity for you to put your own touches on it! Rooms offer vaulted ceilings and great natural light. Enjoy the open concept living to dining space with a built in dining table with bench seating. The kitchen is large with room to move around. Upstairs you will find the laundry, the large primary bedroom with great space, full bath and walk in closet! The second bedroom provides ample room and a nice walk in closet and full bath as well. Laundry is on the second level! 1 car attached garage with additional parking near the unit makes it a great place to entertain. You won't want to miss an opportunity to take a look!

Last Agent to Sell the Property

Jessica Kamerman

Keller Williams Realty GDM Listed on: 02/23/2023

Keller Williams Realty GDM

Co-Listed By

Jeanne Glaser

Keller Williams Realty GDM

Last Buyer's Agent

Lisa Davis

RE/MAX Precision

RE/MAX Precision

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,185

Year Built

  • Built in 2002

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Pond
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 09002127025000

Community Details

Overview

  • Conlin Community Management Association, Phone Number (515) 246-2932
  • The community has rules related to renting

Recreation

  • Snow Removal

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,185

Year Built

Built in 2002

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Two Story
  • Lp Amt Sq Ft: 154.51
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 156.25
  • Termite: Follow Showing Instructions
  • Unit: 407
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Fireplace: Direct Vent Gas
  • Fireplaces: 1
  • Interior Amenities: 2nd Flr Laundry, Laminate Floors, Smoke Detector, 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: Dining Areas
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1152
  • Total Sq Ft: 1152

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Covered Patio, Pond
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

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

Association/Amenities

  • Amenities: Rent Restrictions
  • HOA Name: Frisbee Park Association
  • Management Firm: Conlin Community Management
  • Management Firm Phone: (515) 246-2932

Condo/Co-op/Association

  • Association Fee: 155.0000
  • Association Fee Term: Month
  • Association Fee: Yes

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: 09002127025000
  • Zoning: PUD

Rental Info

  • Rent Restriction Description: Unit may not be rented or used as an Airbnb

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3185.40
  • Net Taxes: 3185.40
  • Tax Year: 2023

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 22, 2023
Sold by
Charles Derek J and Charles Taylor C
Bought by
Clement Caitlin E
Seller's Agent
Jessica Kamerman
Keller Williams Realty GDM
Buyer's Agent
Lisa Davis
RE/MAX Precision
List Price
$178,000
Sold Price
$180,000
Premium/Discount to List
$2,000
1.12%
Views
16
Current Estimated Value
$189,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,936
Avg. Annual Appreciation
2.10%
Original Mortgage
$171,000
Outstanding Balance
$165,622
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$24,314

Purchase Details

Closed on
Nov 23, 2021
Sold by
James Charles Derek
Bought by
Charles Derek J and Charles Taylor C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2021
Sold by
Bair Brandon
Bought by
Charles Derek James and Charles Derek J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jun 1, 2017
Sold by
Mikkelsen Shandy
Bought by
Charles Derek James and Bair Brandon
Seller's Agent
Cathie Beals
Iowa Realty Mills Crossing
Buyer's Agent
Kasey Kliegl
RE/MAX Concepts
List Price
$118,500
Sold Price
$117,500
Premium/Discount to List
-$1,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$113,975
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2006
Sold by
Harris Melinda A and Harris Matthew H
Bought by
Mikkelsen Shandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 2002
Sold by
Frisbee Park Lc
Bought by
Harris Melinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,675
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Clement Caitlin E $180,000 --
Charles Derek J -- Hubbard Law Firm Pc
Charles Derek James -- None Available
Charles Derek James -- None Available
Mikkelsen Shandy $119,500 Itc
Harris Melinda A $109,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clement Caitlin E $171,000
Previous Owner Charles Derek J $126,500
Previous Owner Charles Derek James $126,500
Previous Owner Charles Derek James $113,975
Previous Owner Mikkelsen Shandy $24,000
Previous Owner Mikkelsen Shandy $96,000
Previous Owner Harris Melinda A $109,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2023 03/23/23 Sold $180,000 +1.1% $156 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $178,000 +51.5% $155 / Sq Ft
06/02/2017 06/02/17 Sold $117,500 -0.8% $102 / Sq Ft View Prior Sale
05/03/2017 05/03/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $118,500 -- $103 / 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 $2,920 $173,700 $22,000 $151,700
2024 $2,920 $148,400 $18,400 $130,000
2023 $3,076 $148,400 $18,400 $130,000
2022 $3,052 $130,500 $16,400 $114,100
2021 $3,036 $130,500 $16,400 $114,100
2020 $3,156 $121,700 $16,200 $105,500
2019 $2,940 $121,700 $16,200 $105,500
2018 $2,910 $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 $2,404 $99,200 $19,400 $79,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 668076

Des Moines Area Association of REALTORS®

APN: 090-02127025000