NOT LISTED FOR SALE

502 Balsam Dr Gilbert, IA 50105

Estimated Value: $311,000 - $337,000

3 Beds
3 Baths
1,714 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $295,000 $172 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,785/month

74 Days on Market

About This Home

As of October 2023

Check out this HCS built 2 story townhome with 3 bedrooms, 3 bath, and 1715 square feet. All stainless steel appliances are included, along with Quartz kitchen countertops and maple stained cabinets, luxury vinyl plank flooring and carpet. 9' 2x6 exterior main level walls and 8' second floor walls. The exterior features vinyl siding and stone veneer, front porch and patio with privacy fence divider. Gilbert tax abatement starting at 60% and reducing over 5 years. Estimated completion date is 8-31-23. This property is not part of an association and has no monthly dues. Lawn care, snow removal and exterior maintenance are the property owner's sole responsibility. Seller is a licensed real estate broker in the State of Iowa selling the property on their own behalf.

Last Listed By

Lisa Nady

Hunziker & Assoc.-Ames License #B40921 Listed on: 06/16/2023

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8

Year Built

2023

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Hard Surface
  • Above Grade Finished Sq Ft: 728.0
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 2023
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Luxury Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:None3: Yes

Exterior Features

  • Lot Features: Level
  • Home Warranty: Yes
  • Builder Name: HCS
  • Construction Type: Vinyl, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch - Open
  • Features:Porch - Open: Yes

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 2 Car

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Information:Homeowners Association (HOA): No

Schools

  • Junior High Dist: Gilbert

Lot Info

  • Development Status: Under Construction
  • Lot Size Sq Ft: 6911.0
  • Parcel #: 05-09-430-110
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Sep 21, 2023
Sold by
Hunziker Construction Services Inc
Bought by
Zarate Juan C Espinoza and Imming Kathryn J
Seller's Agent
Lisa Nady
Hunziker & Assoc.-Ames
Buyer's Agent
Chuck Winkleblack
Hunziker & Assoc.-Ames
List Price
$318,500
Sold Price
$295,000
Premium/Discount to List
-$23,500
-7.38%
Total Days on Market
74
Views
65
Current Estimated Value
$320,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,223
Avg. Annual Appreciation
3.94%
Original Mortgage
$280,000
Outstanding Balance
$276,568
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$36,986

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
Zarate Juan C Espinoza $295,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarate Juan C Espinoza $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $295,000 -7.4% $172 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $318,500 -- $186 / Sq Ft
Source: Central Iowa Board 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
2024 $8 $182,700 $54,400 $128,300
2023 $10 $500 $500 $0
2022 $10 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 62579

APN: 05-09-430-115