NOT LISTED FOR SALE

509 Prospect Ave Malvern, IA 51551

Estimated Value: $164,000 - $193,000

3 Beds
1 Bath
1,320 Sq Ft
$135/Sq Ft Est. Value

Last Sold February 25, 2013

Last sale price $44,500 $34 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $1,108/month

165 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • East Mills Jr. Sr. High School Rated A-
  • Formal Dining Room
  • Woodwork

About This Home

As of February 2013

Home has been updated & modernized but needs TLC - Needs work on windows or replaced.

Last Agent to Sell the Property

Frances Rainey

NP Dodge Real Estate - Glenwood Listed on: 09/10/2012

Last Buyer's Agent

Lynn Christensen

RE/MAX Real Estate Group-Malvern License #B38284000

RE/MAX Real Estate Group-Malvern

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 130' x 80'
  • Zoning described as Res.

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Bathroom

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Electric Central
  • Basement: Partial
  • Basement: Crawl, Partial, Useable
  • Dining Facilities: Formal Dining, Other
  • Fireplace: No
  • Interior Amenities: Ceiling Fans, Original Woodwork, Walk-in Closets, Water Soft-Own, Wood Floors
  • Kitchen Features: Dishwasher, Electric Range, Garbage Disposal
  • Laundry: Main Floor
  • Lower Tri Level: None
  • Main Level: Baths, Dining, Kitchen, Living Room, Other Bedrooms, Primary Bedroom
  • Second Level: None
  • Sq Ft Main Floor: 1320.00
  • Stories: 1.0
  • Total Basement Sq Ft: 760.00
  • Total Finished Sq Ft: 1320.00
  • Total Above Ground Finished Sq Ft: 1320.00

Beds/Baths

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

Exterior Features

  • Exterior Amenities: Open Porch, Screens & Storms
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Concrete Road
  • Style: Ranch

Garage/Parking

  • Garage: None
  • Garage Features: No Features
  • Garage Type: None

Utilities

  • Heating: Gas Forced Air
  • Hot Water Heater: Electric
  • Services: Cable, City Sewer, City Water, Electrical, Gas, Paving, Public Sidewalks

Association/Amenities

  • Association Fee: N

Schools

  • Elementary School: East Mills
  • High School: East Mills
  • Jr High: East Mills Middle School
  • School District: East Mills

Lot Info

  • Flood Insurance: Not Required
  • Lot Size: 130' x 80'
  • Lot Size Range: Over 1/4 up to 1/2 Acre
  • Zoning: Res.

Building Info

  • Construction: Frame
  • Year Built: 1900

Tax Info

  • Current REIDS Year Paid: N/A
  • Net Taxes: 1558.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2012
Closed on
Feb 11, 2013
Sold by
Forsythe Adam J
Bought by
Natcher Brinic Llc
Seller's Agent
Frances Rainey
NP Dodge Real Estate - Glenwood
Buyer's Agent
Lynn Christensen
RE/MAX Real Estate Group-Malvern
List Price
$80,500
Sold Price
$44,500
Premium/Discount to List
-$36,000
-44.72%
Current Estimated Value
$178,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,019
Avg. Annual Appreciation
11.37%
Original Mortgage
$60,500
Interest Rate
4.75%
Mortgage Type
Construction
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

Date Buyer Sale Price Title Company
Natcher Brinic Llc $44,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Natcher Brinic Llc $60,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2013 02/25/13 Sold $44,500 -44.7% $34 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
09/10/2012 09/10/12 For Sale $80,500 -- $61 / 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 $2,206 $149,037 $25,344 $123,693
2024 $2,206 $135,165 $25,344 $109,821
2023 $1,806 $120,946 $8,619 $112,327
2022 $1,746 $89,592 $8,619 $80,973
2021 $1,442 $89,592 $8,619 $80,973
2020 $1,442 $74,870 $8,619 $66,251
2019 $1,464 $71,189 $0 $0
2018 $1,502 $70,675 $0 $0
2017 $1,502 $68,288 $0 $0
2016 $1,362 $68,288 $0 $0
2015 $1,364 $68,288 $0 $0
2014 $1,426 $68,288 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 12-1944

Southwest Iowa Association of Realtors®

APN: 086090000000000