$195,000
SOLD MAY 15, 2026

508 Prospect Ave Malvern, IA 51551

4 Beds
2 Baths
1,600 Sq Ft
1910 Built

Sale Details

Date Sold: May 15, 2026

$122 Per Sq Ft

7% Below List Price

201 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Formal Dining Room
  • East Mills Jr. Sr. High School Rated A-
  • Breakfast Area or Nook
  • Porch

About This Home

As of May 2026

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! AMA ... 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 amenities & an easy commute to the Omaha Metro area!!

Last Agent to Sell the Property

Lynn Christensen

RE/MAX Real Estate Group-Malvern License #B38284000 Listed on: 09/19/2025

RE/MAX Real Estate Group-Malvern

Last Buyer's Agent

Amber Peters

eXp Realty License #S66537000

eXp Realty

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
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Heating Available
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions: 65

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Lot Size: 65' x 132'
  • Co List Office Mls Id: 1058
  • Subdivision Name: Not Applicable
  • Above Grade Finished Sq Ft: 1600.0
  • Special Features: None

Interior Features

  • Basement: Partial, Other, Unfinished
  • Total Bedrooms: 4
  • Total Bedrooms: 11
  • Stories: 2
  • Fireplace: No

Exterior Features

  • Roof: Composition
  • Construction Type: Frame
  • Other Structures: Storage
  • Patio And Porch Features: Porch
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Natural Gas
  • Budget Electricity: Combo w/Gas
  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Cooling: Central Air, Electric
  • Heating Yn: Yes

Schools

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

Building Info

  • Year Built: 1910

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Nov 21, 2013
Sold by
Bought by
Seller's Agent
Lynn Christensen
RE/MAX Iowa Real Estate Group
Buyer's Agent
Lynn Christensen
RE/MAX Iowa Real Estate Group
List Price
$82,500
Sold Price
$75,000
Premium/Discount to List
-$7,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$60,000
Outstanding Balance
$44,869
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$152,418
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2026 05/15/26 Sold $195,000 -2.0% $122 / Sq Ft
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: Southwest Iowa Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 25-1999

Southwest Iowa Association of Realtors®

APN: 086190000000000

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