508 Prospect Ave Malvern, IA 51551
Estimated payment $1,306/month
Highlights
- Hot Property
- No HOA
- Formal Dining Room
- East Mills Jr. Sr. High School Rated A-
- Breakfast Area or Nook
- Porch
About This Home
STEP BACK IN TIME... LIVE IN STYLE! Classic charm meets modern updates. This well maintained home boasts newer siding, roof, gutters & downspouts... all the benefits of modern living with the soul of a timeless gem. As you step inside, this spacious 4-BD, 1.5 BA home opens up with 9-foot ceilings, giving an airy, expansive feel. 1600 Finished Sq. Ft.! The beveled glass front door welcomes you with a touch of timeless elegance, while a cozy window seat beckons you to relax and enjoy a book. French Doors! Main Floor Laundry! The formal dining room is perfect for special gatherings, & the kitchen...wow!... Oodles of counter space, cherry cabinetry & a sunny breakfast nook where you can sip your morning coffee. Basement Workshop, offering endless possibilities for all your hobbies!
Listing Agent
RE/MAX Real Estate Group-Malvern License #B38284000 Listed on: 09/19/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1910
Parking
- Off-Street Parking
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 1,600 Sq Ft Home
- 2-Story Property
- Built-In Features
- Woodwork
- Ceiling Fan
- Living Room
- Formal Dining Room
- Unfinished Basement
- Partial Basement
Kitchen
- Breakfast Area or Nook
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Storage Shed
- Porch
Schools
- East Mills Elementary School
- East Mills Middle School
- East Mills High School
Utilities
- Forced Air Heating and Cooling System
- Gas Available
- Gas Water Heater
Additional Features
- Lot Dimensions are 65' x 132'
- Flood Insurance May Be Required
Community Details
- No Home Owners Association
Map
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 | -- | $167,818 | $18,720 | $149,098 |
| 2024 | -- | $151,097 | $18,720 | $132,377 |
| 2023 | -- | $147,265 | $6,240 | $141,025 |
| 2022 | $0 | $107,898 | $6,240 | $101,658 |
| 2021 | $0 | $107,898 | $6,240 | $101,658 |
| 2020 | $1,720 | $89,414 | $6,240 | $83,174 |
| 2019 | $1,720 | $84,794 | $0 | $0 |
| 2018 | $0 | $84,794 | $0 | $0 |
| 2017 | $0 | $81,773 | $0 | $0 |
| 2016 | -- | $81,773 | $0 | $0 |
| 2015 | -- | $82,295 | $0 | $0 |
| 2014 | $1,720 | $82,295 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/19/2025 09/19/25 | For Sale | $209,900 | +179.9% | $131 / Sq Ft | |
| 11/22/2013 11/22/13 | Sold | $75,000 | 0.0% | $48 / Sq Ft | View Prior Sale |
| 11/22/2013 11/22/13 | Sold | $75,000 | -9.1% | $48 / Sq Ft | View Prior Sale |
| 11/08/2013 11/08/13 | Pending | -- | -- | -- | |
| 10/25/2013 10/25/13 | Pending | -- | -- | -- | |
| 05/15/2013 05/15/13 | For Sale | $82,500 | -17.1% | $52 / Sq Ft | |
| 06/10/2012 06/10/12 | For Sale | $99,500 | -- | $63 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | New Conventional |
Source: Southwest Iowa Association of Realtors®
MLS Number: 25-1999
APN: 086190000000000
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