NOT LISTED FOR SALE

508 12th St SE Altoona, IA 50009

Estimated Value: $237,000 - $310,000

3 Beds
2 Baths
960 Sq Ft
$277/Sq Ft Est. Value

Last Sold March 22, 2012

Last sale price $144,000 $150 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,730/month

53 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Dining Area
  • Tile Flooring

About This Home

As of March 2012

Best home for the money in Altoona! Must see this completely updated ranch in the heart of desirable quiet family friendly Altoona neighborhood within walking distance to elementary school, shopping and bike path. Completely renovated kitchen includes new stainless steel appliances, tile flooring & backsplash. 3 bedrooms centrally located by updated full bath. Bathroom updates include tile flooring and shower, new vanity and hardware. New interior doors, hardware, flooring and new trim throughout home. New windows w/ colonial grinds, new vinyl siding on house & garage, & new light fixtures inside & out. Lower level has been finished with HUGE family room, oversized full updated bath, laundry room, non-conforming bedroom or office & storage closet adding over 900 additional finished sq ft to this home. Other updates include newer high efficiency furnace, water heater, drywalled 2 car garage, new front deck, & fenced in yard. This home is priced for quick sale and won't last long!

Last Agent to Sell the Property

William Eisenlauer

RE/MAX Real Estate Group Listed on: 01/23/2012

Co-Listed By

Robert Eisenlauer

RE/MAX Revolution

Last Buyer's Agent

Heather Helland

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1972

Lot Details

  • 9,463 Sq Ft Lot
  • Lot Dimensions are 70 x 135
  • Property is zoned R-2

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Dining Area
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 17100360560000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,414

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 151.00
  • Sp Amt Sq Ft: 150.00
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Smoke Detector, Tile Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Finished
  • Dining Room: Dining Areas
  • Other Rooms: Pantry
  • Included Items: Dishwasher, Microwave, Stove
  • Living Area Sq Ft: 960
  • Total Sq Ft: 960

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

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

Lot Info

  • Acres: 0.2170
  • Qualifier Acres: More or Less
  • Lot S F: 9463
  • Lot Size: 70 x 135
  • Assessor Parcel Number: 17100360560000
  • Zoning: R-2

Tax Info

  • Gross Taxes: 2414.00
  • Net Taxes: 2414.00
  • Assessor Parcel Number: 50812THSTSEPOLKSEPOLK50009

MLS Schools

  • School District: Southeast Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2012
Closed on
Mar 20, 2012
Sold by
Excel Properties Llc and White Benjamin A
Bought by
Bell Paul T and Bell Candy A
Seller's Agent
William Eisenlauer
RE/MAX Real Estate Group
Buyer's Agent
Heather Helland
RE/MAX Precision
List Price
$139,900
Sold Price
$144,000
Premium/Discount to List
$4,100
2.93%
Current Estimated Value
$266,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,225
Avg. Annual Appreciation
4.62%
Original Mortgage
$136,800
Outstanding Balance
$94,017
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$172,208

Purchase Details

Listed on
Jan 23, 2012
Closed on
Mar 14, 2012
Sold by
Lab Investment Company Inc 401K Plan
Bought by
Excel Properties Llc and White Benjamin A
Seller's Agent
William Eisenlauer
RE/MAX Real Estate Group
Buyer's Agent
Heather Helland
RE/MAX Precision
List Price
$139,900
Sold Price
$144,000
Premium/Discount to List
$4,100
2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Outstanding Balance
$94,017
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$172,208

Purchase Details

Closed on
Dec 19, 2011
Sold by
Lab Investment Company Inc
Bought by
Excel Properties Llc and White Benjamin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,408
Interest Rate
4.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 21, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lab Investment Co 401K Plan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,408
Interest Rate
4.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 9, 2011
Sold by
Vanhouten Luanna J and Van Houten Donaldo R
Bought by
Federal Home Loan Motgage Coroporation

Purchase Details

Closed on
May 28, 1998
Sold by
Federal National Mortgage Association
Bought by
Vanhouten Donald R and Vanhouten Luanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,857
Interest Rate
7.27%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1997
Sold by
Allied Group Mtg Company
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 9, 1997
Sold by
Rice Bob E and Gable Terry A
Bought by
Allied Group Mtg Company
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
Bell Paul T $143,500 None Available
Excel Properties Llc $75,000 None Available
Excel Properties Llc $75,408 None Available
Lab Investment Co 401K Plan -- Servicelink
Federal Home Loan Motgage Coroporation $104,529 None Available
Vanhouten Donald R -- --
Federal National Mortgage Association -- --
Allied Group Mtg Company $69,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Paul T $136,800
Previous Owner Excel Properties Llc $75,408
Previous Owner Vanhouten Donald R $79,857
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2012 03/22/12 Sold $144,000 +2.9% $150 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $139,900 -- $146 / 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 $4,042 $264,600 $56,800 $207,800
2024 $4,042 $245,100 $52,000 $193,100
2023 $3,842 $245,100 $52,000 $193,100
2022 $3,792 $197,200 $43,500 $153,700
2021 $3,660 $197,200 $43,500 $153,700
2020 $3,598 $181,500 $40,000 $141,500
2019 $3,230 $181,500 $40,000 $141,500
2018 $3,232 $160,800 $34,700 $126,100
2017 $3,262 $160,800 $34,700 $126,100
2016 $3,250 $147,600 $31,800 $115,800
2015 $3,250 $147,600 $31,800 $115,800
2014 $3,004 $134,700 $28,700 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 395085

Des Moines Area Association of REALTORS®

APN: 171-00360560000