NOT LISTED FOR SALE

500 N Valley Dr Unit 505 Des Moines, IA 50312

Estimated Value: $191,000 - $208,000

2 Beds
2.5 Baths
1,332 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $137,000 $103 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,477/month

63 Days on Market

Highlights

  • 1 Fireplace
  • Tile Flooring
  • Family Room
  • Shades
  • Central Air
  • 3-minute walk to Frisbie Park

About This Home

As of April 2017

Rare Opportunity! Take a look at this town home in serene and secluded South of Grand location in the popular Frisbee Park. Step inside to the vaulted 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 for quick snacks. Clean up is easy with a bathroom right next to the attached 2 car garage. Stairs lead up to two HUGE bedrooms & TWO FULL baths. One bedroom is the large master bedroom with full bath and walk-in closet. Second bedroom offers full bath and walk-in closet. Ideal location on a corner lot viewing green space. Convenient to downtown, Des Moines University, freeway access, shopping, parks. Put the shovel and mower away and enjoy town home living!

Last Agent to Sell the Property

Pennie Carroll

Pennie Carroll & Associates Listed on: 02/10/2017

Last Buyer's Agent

Casee Woodley

RE/MAX Precision

RE/MAX Precision

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 2002

Lot Details

  • 5,227

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

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

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09002127031000

Community Details

Overview

  • Conlin Properties Association, Phone Number (515) 246-0006

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,119

Year Built

Built in 2002

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Two Story
  • Lp Amt Sq Ft: 102.85
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 102.85
  • Termite: Call Listing Agent
  • Unit: 505
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, 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
  • Family Room: 1st Floor
  • Other Rooms: See Remarks
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, See Remarks, Stove, Washer
  • Living Area Sq Ft: 1332
  • Total Sq Ft: 1332

Exterior Features

  • Foundation: 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

Condo/Co-op/Association

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

Association/Amenities

  • HOA Name: Frisbee Park
  • Management Firm: Conlin Properties
  • Management Firm Phone: 515-246-0006

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: 09002127031000
  • Zoning: PUD

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3119.00
  • Net Taxes: 2890.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Dinsdale Tessa J
Bought by
Sperfslage Adam Gerald
Current Estimated Value
$199,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,683
Outstanding Balance
$133,295
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$66,535

Purchase Details

Listed on
Feb 10, 2017
Closed on
Apr 17, 2017
Sold by
Rittgers Timothy M and Rittgers Emma J
Bought by
Dinsdale Tessa J
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Casee Woodley
RE/MAX Precision
List Price
$137,000
Sold Price
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$109,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2008
Sold by
Murphy Jennifer A and Rose Jennifer A
Bought by
Rittgers Timothy M and Rittgers Emma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2005
Sold by
Hensley Christine L and Hensley Stephen C
Bought by
Rose Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2004
Sold by
Vanhorn Amanda L and Torres Amanda L
Bought by
Hensley Christine L and Hensley Stephanie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.78%
Mortgage Type
New Conventional
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
Sperfslage Adam Gerald $151,500 None Available
Dinsdale Tessa J $137,000 Declaration Field
Rittgers Timothy M $134,500 Itc
Rose Jennifer A $99,500 --
Hensley Christine L $127,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sperfslage Adam Gerald $146,683
Previous Owner Dinsdale Tessa J $109,600
Previous Owner Rittgers Timothy M $135,000
Previous Owner Rose Jennifer A $108,000
Previous Owner Hensley Christine L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $137,000 0.0% $103 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $137,000 -- $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 $3,372 $199,900 $22,000 $177,900
2024 $3,372 $171,400 $18,400 $153,000
2023 $3,524 $171,400 $18,400 $153,000
2022 $3,496 $149,500 $16,400 $133,100
2021 $3,466 $149,500 $16,400 $133,100
2020 $3,600 $138,900 $16,200 $122,700
2019 $3,362 $138,900 $16,200 $122,700
2018 $3,328 $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: 532355

Des Moines Area Association of REALTORS®

APN: 090-02127031000