NOT LISTED FOR SALE

502 Pine Ave Norwalk, IA 50211

Estimated Value: $404,000 - $457,000

5 Beds
3 Baths
1,572 Sq Ft
$276/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2024

Last sale price $429,900 $273 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,876 / mo

258 Days on Market

Highlights

  • 0.66 Acre Lot
  • Eat-In Kitchen
  • Family Room Downstairs
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of May 2024

Nestled in the charming city of Norwalk, Iowa, you'll find the exquisite Finn, a creation by Benchmark Builders of Iowa, proudly presented by Kimberley Development. This stunning ranch-style home sits elegantly on a 0.66-acre corner lot in the coveted Cort Landing neighborhood, offering a five year tax abatement. Boasting five spacious bedrooms, including a master suite that offers ultimate privacy, this home is perfect for those who desire extra living space. The main floor showcases a spacious kitchen with stainless steel appliances, a large pantry, and welcoming dining area. Both the kitchen and living space feature elegant tray ceilings, adding a touch of sophistication and style to the heart of the home. In addition, a convenient mudroom enhances functionality and organization in your daily routines, especially when you step in from the three-car garage—a valuable amenity providing ample space for your vehicles and storage needs. Venturing downstairs, you'll find a well mastered lower level with daylight windows, providing even more living space that is ideal for relaxation or entertainment. Two more bedrooms ensure there's room for everyone, complemented by a convenient full bathroom. This home is a testament to meticulous craftsmanship, and Kimberley Development's 45 years of building experience are evident in every detail. Schedule a viewing today and experience the outstanding quality and expertise that Kimberley Development brings to each and every home they build.

Last Agent to Sell the Property

Kelsey Russell

RE/MAX Concepts Listed on: 08/15/2023

RE/MAX Concepts

Co-Listed By

Amanda Jackson

RE/MAX Concepts

Last Buyer's Agent

Andrew Goodall

Goodall Properties LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 2,642 Sq Ft Lot
  • Lot Dimensions are 140x205.5

Home Design

  • Ranch Style House
  • Poured Concrete
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,572 Sq Ft Home
  • Electric Fireplace
  • Family Room Downstairs
  • Dining Area
  • Finished Basement
  • Natural lighting in basement
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Mary Kennedy Association, Phone Number (515) 981-5491
  • Built by Benchmark Builders Iowa LC

Listing and Financial Details

  • Assessor Parcel Number 63243010060

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

2,642 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Benchmark Builders Iowa LC
  • Lp Amt Sq Ft: 267.11
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 273.47
  • Termite: Follow Showing Instructions
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Electric
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Daylight Window, Finished
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor, Lower Level
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1572
  • Total Sq Ft: 1572

Exterior Features

  • Exterior: Stone, Vinyl Siding
  • Foundation: Poured
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Attached
  • Garage Parking Stalls: 3

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Cort Landing
  • Management Firm: Mary Kennedy
  • Management Firm Phone: (515) 981-5491

Lot Info

  • Acres: 0.6600
  • Lot S F: 2642
  • Lot Size: 140X205.5
  • Assessor Parcel Number: 63243010060
  • Zoning: Res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 20.00
  • Net Taxes: 20.00

MLS Schools

  • School District: Norwalk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
May 16, 2024
Sold by
Benchmark Builders Iowa Lc
Bought by
Rouse Matthew C and Rouse Bree A
Seller's Agent
Kelsey Russell
RE/MAX Concepts
Buyer's Agent
Andrew Goodall
Goodall Properties LLC
List Price
$439,900
Sold Price
$429,900
Premium/Discount to List
-$10,000
-2.27%
Views
91
Current Estimated Value
$434,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,253
Avg. Annual Appreciation
0.51%
Original Mortgage
$159,063
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2022
Sold by
William Kimberley Development Corporatio
Bought by
Benchmark Builders Iowa Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Listed on
May 3, 2019
Closed on
Aug 11, 2021
Sold by
Cort Landing Llc
Bought by
William Kimberley Dev Corp
Seller's Agent
Kalen Ludwig
Peoples Company
Buyer's Agent
Kalen Ludwig
Peoples Company
List Price
$57,900
Sold Price
$60,900
Premium/Discount to List
$3,000
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.74%
Original Mortgage
$3,500,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rouse Matthew C $430,000 None Listed On Document
Benchmark Builders Iowa Lc -- None Listed On Document
William Kimberley Dev Corp $245,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rouse Matthew C $159,063
Open Rouse Matthew C $257,940
Previous Owner Benchmark Builders Iowa Lc $7,500,000
Previous Owner William Kimberley Dev Corp $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $429,900 +2.4% $273 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/16/2024 04/16/24 Price Changed $419,900 -4.5% $267 / Sq Ft
12/26/2023 12/26/23 For Sale $439,900 0.0% $280 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $439,900 -2.2% $280 / Sq Ft
08/15/2023 08/15/23 For Sale $449,900 +638.8% $286 / Sq Ft
08/12/2021 08/12/21 Sold $60,900 +5.2% -- View Prior Sale
07/06/2021 07/06/21 Pending -- -- --
05/03/2019 05/03/19 For Sale $57,900 -- --
Source: Des Moines Area Association of REALTORS®

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 $7,074 $481,600 $100,700 $380,900
2024 $2,478 $375,400 $106,800 $268,600
2023 $20 $131,700 $106,800 $24,900
2022 $20 $900 $900 $0
2021 $20 $900 $900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 680272

Des Moines Area Association of REALTORS®

APN: 63243010060

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