NOT LISTED FOR SALE

500 N Valley Dr Unit 501 Des Moines, IA 50312

Estimated Value: $193,000 - $222,000

2 Beds
2.5 Baths
1,332 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 25, 2013

Last sale price $121,000 $91 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,495/month

118 Days on Market

Highlights

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

About This Home

As of July 2013

2 car end unit w/South & East exposure. 9 ft ceilings & fireplace on main floor. Sit in spacious eating area or front porch both with view of pond. 2 large master suites each with their own bath & walk in closet. Loft is large enough to be used as infant's bedroom. Loft could also be used as a office or exercise area. Townhome is in Des Moines but just minutes away from WDM malls and airport. Located right off Walnut Creek bike/walking trails, Hanawalt elementary & east access to I-235.

Last Agent to Sell the Property

Mary Kay Mickelson

Iowa Realty Mills Crossing Listed on: 03/29/2013

Iowa Realty Mills Crossing

Last Buyer's Agent

Ingrid Williams

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,736

Year Built

  • Built in 2002

Lot Details

  • 5,227

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Screen For Fireplace
  • Shades
  • Drapes & Rods
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Community Details

  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 09002127027000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,736

Year Built

Built in 2002

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Two Story
  • Lp Amt Sq Ft: 94.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 91.00
  • Termite: Follow Showing Instructions
  • Unit: 501
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Drapes/Curtains, Fireplace Screen, Shades/Shutters, 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: 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: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 130.0000
  • 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: 09002127027000
  • Zoning: RES

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2736.00
  • Net Taxes: 2560.00
  • Assessor Parcel Number: 500NORTH VADR501POLKDESMOINE50312

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jul 21, 2013
Sold by
Stopulos Joseph P and Stopulos Kristin
Bought by
Stroh David R and Stroh Tamara A
Seller's Agent
Mary Kay Mickelson
Iowa Realty Mills Crossing
Buyer's Agent
Ingrid Williams
RE/MAX Concepts
List Price
$127,900
Sold Price
$121,000
Premium/Discount to List
-$6,900
-5.39%
Current Estimated Value
$208,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,165
Avg. Annual Appreciation
4.53%
Original Mortgage
$96,800
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Gilmore Keith
Bought by
Stopulos Joseph P and Stopulos Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,392
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2002
Sold by
Frisbee Park Lc
Bought by
Gilmore Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,859
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Stroh David R $121,000 None Available
Stopulos Joseph P $120,500 Midwest Community Title
Gilmore Keith $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stroh David R $96,800
Previous Owner Stopulos Joseph P $119,392
Previous Owner Gilmore Keith $122,859
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2013 07/25/13 Sold $121,000 -5.4% $91 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $127,900 -- $96 / 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 $3,166 $199,900 $22,000 $177,900
2024 $3,166 $171,400 $18,400 $153,000
2023 $3,314 $171,400 $18,400 $153,000
2022 $3,288 $149,500 $16,400 $133,100
2021 $3,252 $149,500 $16,400 $133,100
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 $2,972 $125,100 $15,500 $109,600
2016 $2,890 $118,400 $15,800 $102,600
2015 $2,890 $118,400 $15,800 $102,600
2014 $2,756 $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: 414865

Des Moines Area Association of REALTORS®

APN: 090-02127027000