NOT LISTED FOR SALE

507 Lori Ln Council Bluffs, IA 51503

Eastern Council Bluffs Neighborhood

Estimated Value: $217,000 - $249,000

3 Beds
1 Bath
1,325 Sq Ft
$172/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $117,500 $89 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,506/month

1 Day on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Living Room
  • 1-Story Property

About This Home

As of October 2019

Sold before print

Last Agent to Sell the Property

Jason James

Heartland Properties Listed on: 07/17/2019

Last Buyer's Agent

Jason James

Heartland Properties Listed on: 07/17/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,408

Year Built

  • Built in 1963

Lot Details

  • 7,405

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Schools

  • Bloomer Elementary School
  • Gerald W Kirn Middle School
  • Abraham Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,408

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Electric Central
  • Basement: Full
  • Basement: Full
  • Dining Facilities: Eat In Kitchen
  • Fireplace: No
  • Interior Amenities: Other
  • Kitchen Features: None
  • Laundry: Basement
  • Lower Tri Level: None
  • Main Level: Baths, Other Bedrooms, Primary Bedroom, Living Room, Kitchen
  • Ramp Access: No
  • Second Level: None
  • Sq Ft Basement Finished: 200.00
  • Sq Ft Main Floor: 1125.00
  • Stories: 1.0
  • Total Basement Sq Ft: 1125.00
  • Total Finished Sq Ft: 1325.00
  • Total Above Ground Finished Sq Ft: 1125.00

Beds/Baths

  • Bathrooms Above Grade: 1
  • Bathrooms Below Grade: None
  • Above Grade Bedrooms: 3
  • Below Grade Bedrooms: None
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3

Exterior Features

  • Exterior Amenities: Other
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Off Street Parking
  • Style: Ranch

Garage/Parking

  • Garage: 2
  • Garage Features: No Features
  • Garage Type: Attached

Utilities

  • Heating: Gas Forced Air
  • Hot Water Heater: Gas
  • Services: City Sewer, Gas, Electrical, City Water

Association/Amenities

  • Association Fee: N

Schools

  • School District: Council Bluffs
  • Elementary School: Bloomer
  • Middle School: Gerald W Kirn
  • High School: Abraham Lincoln
  • Elementary School: Bloomer
  • High School: Abraham Lincoln
  • Jr High: Gerald W Kirn
  • School District: Council Bluffs

Lot Info

  • Flood Insurance: Not Required
  • Lot Size: irreg see pottco
  • Lot Size Range: Under 1/4 Acre

Building Info

  • Construction: Frame
  • Year Built: 1963

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: $2909
  • Net Taxes: $2408
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Sep 26, 2019
Sold by
Miller Keith A and Miller Erin L
Bought by
Olson Lori B
Seller's Agent
Jason James
Heartland Properties
Buyer's Agent
Jason James
Heartland Properties
List Price
$125,000
Sold Price
$117,500
Premium/Discount to List
-$7,500
-6%
Current Estimated Value
$228,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,734
Avg. Annual Appreciation
11.56%
Original Mortgage
$115,371
Outstanding Balance
$101,071
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$127,163
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
Olson Lori B $117,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Lori B $115,371
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2019 10/01/19 Sold $117,500 -6.0% $89 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $125,000 -- $94 / Sq Ft
Source: Southwest Iowa 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 $3,590 $208,200 $51,500 $156,700
2024 $3,590 $188,500 $44,800 $143,700
2023 $3,550 $188,500 $44,800 $143,700
2022 $3,202 $145,400 $40,300 $105,100
2021 $4,910 $145,400 $40,300 $105,100
2020 $2,994 $145,400 $40,300 $105,100
2019 $3,108 $132,700 $27,600 $105,100
2018 $2,408 $132,700 $27,600 $105,100
2017 $2,442 $118,635 $25,633 $93,002
2015 $2,376 $118,635 $25,633 $93,002
2014 $2,662 $118,635 $25,633 $93,002
Source: Public Records

Agents Affiliated with this Home

  • Jason James

    Seller's Agent in 2019

    Jason James

    Heartland Properties

    (800) 856-2743

    52 in this area

    313 Total Sales

    Jason James
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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 19-1482

Southwest Iowa Association of Realtors®

APN: 7443-06-129-013

Iowa Pottawattamie County Council Bluffs 51503 Eastern Council Bluffs

507 Lori Ln, Council Bluffs, IA

This home is located at 507 Lori Ln, Council Bluffs, IA 51503 since 17 July 2019 and is currently estimated at $228,234, approximately $172 per square foot. This property was built in 1963. 507 Lori Ln is a home located in Pottawattamie County with nearby schools including Bloomer Elementary School, Gerald W. Kirn Middle School, and Abraham Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest Iowa Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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