NOT LISTED FOR SALE

505 SE Olson Dr Waukee, IA 50263

Estimated Value: $333,000 - $370,000

3 Beds
3.5 Baths
1,562 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $339,600 $217 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,212/month

17 Days on Market

Highlights

  • 0.46 Acre Lot
  • Deck
  • Shades
  • Waukee Elementary School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of October 2024

Huge corner lot in Waukee! Perfect outdoor space with a fully fenced-in backyard that backs up to a trail with irrigation on .46 acres. New roof in 2023. This home offers great space with an open main living area. The kitchen has stainless steel appliances and a center island for extra seating. Upstairs, you have 3 bedrooms including the spacious primary bedroom with ensuite and walk-in closet. Extra living space in the finished lower level that also offers a 3/4 bathroom. Extra parking with a 3rd car concrete pad. Great location that is close to schools, parks, and restaurants! Don't miss out, schedule a showing today!

Last Agent to Sell the Property

Jen Stanbrough

RE/MAX Precision Listed on: 08/02/2024

RE/MAX Precision

Last Buyer's Agent

Nichole Rector

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,846

Year Built

  • Built in 2006

Lot Details

  • 0.46 Acre Lot
  • Property is Fully Fenced
  • Chain Link Fence

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,562 Sq Ft Home
  • 2-Story Property
  • Shades
  • Drapes & Rods
  • Family Room Downstairs
  • Finished Basement
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1234408001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,846

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 217.61
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 217.41
  • Termite: Follow Showing Instructions
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 2nd Flr Laundry, Carpeting, Drapes/Curtains, Fire Alarm, See Remarks, See Reserved Items, Shades/Shutters, Smoke Detector, Tile Floors
  • Total Bathrooms: 4.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Partial Bath Total: 2
  • Partial Bath 2nd Floor: 1
  • Partial Bath Lower: 1
  • Basement Description: Finished, Partial
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor, Lower Level
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1562
  • Total Sq Ft: 1562

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Fully Fenced Yard
  • Fence Type: Chain Link
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 477
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.4600
  • Lot S F: 19839
  • Lot Shape: Regular
  • Assessor Parcel Number: 1234408001
  • 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: 4846.00
  • Net Taxes: 4674.00

MLS Schools

  • School District: Waukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 24, 2024
Sold by
Mclaughlin Madison K and Farrell Joe M
Bought by
Snyder Jill and Snyder Michael
Seller's Agent
Jen Stanbrough
RE/MAX Precision
Buyer's Agent
Nichole Rector
LPT Realty, LLC
List Price
$345,000
Sold Price
$339,600
Premium/Discount to List
-$5,400
-1.57%
Views
16
Current Estimated Value
$348,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,451
Avg. Annual Appreciation
2.32%
Original Mortgage
$189,900
Outstanding Balance
$187,945
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$160,106

Purchase Details

Listed on
Aug 24, 2018
Closed on
Oct 28, 2018
Sold by
Schermerhorn Michael T and Schermerhorn Stephanie M
Bought by
Mclaughlin Madison K and Farrell Joe M
Seller's Agent
Cody Bilyeu
RE/MAX Concepts
Buyer's Agent
Kent Glenn
Anderson Glenn Realty
List Price
$242,000
Sold Price
$235,750
Premium/Discount to List
-$6,250
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$228,677
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2006
Sold by
Eastpark Development Llc
Bought by
Midland Homes Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,375
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 30, 2006
Sold by
Midland Homes Lc
Bought by
Schermerhorn Michael T and Schermerhorn Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,375
Interest Rate
6.3%
Mortgage Type
Stand Alone Second
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
Snyder Jill $340,000 None Listed On Document
Snyder Jill $340,000 None Listed On Document
Mclaughlin Madison K $236,000 None Available
Midland Homes Lc -- None Available
Schermerhorn Michael T $176,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snyder Jill $189,900
Closed Snyder Jill $189,900
Previous Owner Mclaughlin Madison K $228,677
Previous Owner Schermerhorn Michael T $26,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2024 10/02/24 Sold $339,600 -0.1% $217 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/16/2024 08/16/24 Price Changed $339,900 -1.5% $218 / Sq Ft
08/02/2024 08/02/24 For Sale $345,000 +46.3% $221 / Sq Ft
11/01/2018 11/01/18 Sold $235,750 -2.6% $151 / Sq Ft View Prior Sale
10/08/2018 10/08/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $242,000 -- $155 / 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
2024 $4,674 $285,370 $55,000 $230,370
2023 $4,674 $285,370 $55,000 $230,370
2022 $4,428 $249,380 $50,000 $199,380
2021 $4,428 $239,350 $50,000 $189,350
2020 $4,294 $224,210 $50,000 $174,210
2019 $3,878 $224,210 $50,000 $174,210
2018 $3,878 $193,550 $40,000 $153,550
2017 $3,774 $193,550 $40,000 $153,550
2016 $3,510 $188,540 $40,000 $148,540
2015 $3,410 $180,100 $0 $0
2014 $3,410 $172,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 700281

Des Moines Area Association of REALTORS®

APN: 12-34-408-001