$199,000
PENDING $11K PRICE DROP

508 Prospect Ave Malvern, IA 51551

Estimated payment $1,262/month

Total Views 18,800
4 Beds
1.5 Baths
1,600 Sq Ft
$124 Price per Sq Ft

Highlights

  • No HOA
  • Workshop
  • Bay Window
  • East Mills Jr. Sr. High School Rated A-
  • Porch
  • Walk-In Closet

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... 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!... And let's not forget the open front porch, just waiting for a swing where you can watch the world go by and enjoy the sunsets. Sited on a nostalgic brick street & a short walk to downtown! PENDING, TAKING BACK-UPS

Listing Agent

Lynn Christensen

RE/MAX Iowa Real Estate Group License #20050855 Listed on: 09/19/2025

RE/MAX Iowa Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 8,580 Sq Ft Lot
  • Lot Dimensions are 65 x 132

Parking

  • No Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Bay Window
  • Dining Area
  • Workshop

Flooring

  • Wall to Wall Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Unfinished Basement

  • Partial Basement
  • Walk-Up Access

Outdoor Features

  • Shed
  • Porch

Schools

  • East Mills Elementary And Middle School
  • East Mills High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 086190000000000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

8,580 Sq Ft Lot

Listing Details

  • Parcel Number: 086190000000000
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 65 x 132
  • Ownership: Fee Simple
  • Directions: From Council Bluffs: I29 South to Exit #35 (Glenwood, IA), East 12 miles on US Hwy34 to 315th St. (Malvern), South 1 mile to Malvern, 1 block East on 6th, South on Prospect Ave.
  • Above Grade Finished Sq Ft: 1600
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Remarks22: PLEASE REMOVE SHOES OR WEAR SHOE COVERS PENDING, TAKING BACK-UP OFFERS AMA
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Basement: Other, Walk-Up Access, Partial, Unfinished
  • Other Equipment: Satellite Dish
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1600
  • Dining Room Type: Workshop
  • Window Features: Bay Window(s), Egress Window
  • Room Bedroom4 Area: 126.88
  • Room Bedroom2 Level: 2nd Floor
  • Room Bedroom3 Level: 2nd Floor
  • Room Bedroom4 Level: Main Floor
  • Dining Room Dining Room Level: Main Floor
  • Room Kitchen Features: Dining Area, Egress Window, Luxury Vinyl Plank, Exterior Door
  • Living Room Living Room Level: Main Floor
  • Room Bedroom2 Features: Wall/Wall Carpeting, Ceiling Fan(s), Egress Window
  • Room Bedroom3 Features: Wall/Wall Carpeting, Ceiling Fan(s), Egress Window
  • Room Bedroom4 Features: Wall/Wall Carpeting, 9'+ Ceiling, Ceiling Fan(s), Egress Window
  • Dining Room Features: 9'+ Ceiling, Ceiling Fans, Dining Area, Egress Window, Luxury Vinyl Plank, Exterior Door
  • Living Room Features: Wall/Wall Carpeting, Bay/Bow Windows, 9'+ Ceiling, Ceiling Fan(s), Egress Window, Exterior Door
  • Master Bedroom Master Bedroom Level: 2nd Floor
  • Master Bedroom Features: Wall/Wall Carpeting, Ceiling Fan(s), Walk-In Closet(s), Egress Window

Exterior Features

  • Foundation Details: Block
  • Exterior Features: Other
  • Fencing: None
  • Construction Type: Vinyl Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Laundry Features: Luxury Vinyl Plank
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: East Mills
  • Elementary School: East Mills
  • Junior High Dist: Other
  • Middle Or Junior School: East Mills

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 8580

Green Features

Tax Info

  • Tax Year: 2024

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2026 04/08/26 Pending -- -- --
03/13/2026 03/13/26 Price Changed $199,000 -5.2% $124 / Sq Ft
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
Source: Great Plains Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Source: Public Records

Source: Great Plains Regional MLS

MLS Number: 22526743

Great Plains Regional MLS

APN: 086190000000000

Your Personal Tour Guide

Ask me questions while you tour the home.