NOT LISTED FOR SALE

540 W Trace Dr Polk City, IA 50226

Estimated Value: $281,000 - $310,000

3 Beds
3.5 Baths
1,515 Sq Ft
2,352 Sq Ft Lot

Last Sold July 02, 2015

Last sale price $200,000 $132 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,925/month

30 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Tile Flooring
  • North Polk West Elementary School Rated A-
  • Home Security System
  • Forced Air Heating System

About This Home

As of July 2015

Incredibly bright and clean 3BR, 3.5BA townhome on TCI golf course! Open floor plan w/ vaulted ceilings & open loft area; tons of natural light! Main floor features kitchen w/ granite countertops, pantry, lots of counter space; open dining & family room w/ fireplace, main floor laundry & half bath. Spacious master BR w/ vaulted ceilings & master bath featuring double sinks, large walk-in closet. The upstairs features a loft open to downstairs perfect for den area or potential 4th BR. Additional bedroom & full bath upstairs. Great finish in the lower level w/ large family room, bedroom, 3/4 bath & plenty of storage. Custom blinds throughout, 2-car garage, irrigation system. You'll enjoy the peaceful timber/creek from the private deck. Easy access to bike trails, camping, fishing.

Last Agent to Sell the Property

Marc Olson Team

RE/MAX Concepts-Nevada Listed on: 04/13/2015

Last Buyer's Agent

Marc Olson Team

RE/MAX Concepts-Nevada Listed on: 04/13/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 2006

Lot Details

  • 2,352

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,515 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Security System

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Sump Pump
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 00500325000

Community Details

Overview

  • Property has a Home Owners Association
  • Maintained Community

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,930

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 2334
  • Above Grade Finished Sq Ft: 1096.0
  • Architectural Style: 1 1/2 Story
  • Garage Yn: Yes
  • Year Built: 2006
  • Foundation:Poured: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Tile2: Yes
  • Features:Sump Pump2: Yes
  • Floor:Vinyl2: Yes
  • Features:Deck-Wood: Yes
  • Exterior:Vinyl: Yes
  • Features:Ceiling Fan(s): Yes
  • Features:Security System2: Yes
  • Features:Sprinkler (Yard): Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range
  • Has Basement: Daylight, Sump Pump
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 800.0
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Window Treatments
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Gas9: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Lot Features: Sprinkler (Yard)
  • Construction Type: Vinyl
  • Foundation Details: Poured, Tile
  • Patio And Porch Features: Deck-Wood
  • Features:Window Treatment(s): Yes

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 2 Car

Utilities

  • Security: Security System
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Amenities: Maintenance Grounds, Snow Removal, Trash
  • Association: Yes

Association/Amenities

  • Amenities:Exterior Maintenance: Yes
  • Amenities:Lawn Care: Yes
  • Amenities:Snow Removal: Yes
  • Amenities:Trash Pickup: Yes

Schools

  • Junior High Dist: North Polk

Lot Info

  • Parcel #: 00500325000
  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jun 29, 2015
Sold by
Ferguson Joseph S and Ferguson Nicole Lynn
Bought by
Koenen Darrell A and Koenen Becky A
Seller's Agent
Marc Olson Team
RE/MAX Concepts-Nevada
Buyer's Agent
Marc Olson Team
RE/MAX Concepts-Nevada
List Price
$204,900
Sold Price
$200,000
Premium/Discount to List
-$4,900
-2.39%
Current Estimated Value
$293,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,086
Avg. Annual Appreciation
3.83%
Original Mortgage
$160,000
Outstanding Balance
$124,934
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$168,153

Purchase Details

Listed on
Jan 17, 2013
Closed on
Mar 5, 2013
Sold by
Roetman Joshua D and Roetman Abby
Bought by
Ferguson Joseph S and Ferguson Nicole L
Seller's Agent
Connie Broesder
Iowa Realty Beaverdale
Buyer's Agent
Connie Broesder
Iowa Realty Beaverdale
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$144,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2007
Sold by
Wolf Creek Townhomes Lc
Bought by
Roetman Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Koenen Darrell A $87,500 Attorney
Ferguson Joseph S $180,000 None Available
Roetman Joshua D $191,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koenen Darrell A $160,000
Previous Owner Ferguson Joseph S $144,000
Previous Owner Roetman Joshua D $181,018
Previous Owner Roetman Joshua D $153,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2015 07/02/15 Sold $200,000 -2.4% $132 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $204,900 +13.8% $135 / Sq Ft
02/28/2013 02/28/13 Sold $180,000 -2.7% $119 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $185,000 -- $122 / Sq Ft
Source: Central Iowa Board 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
2024 $3,930 $229,300 $42,500 $186,800
2023 $4,628 $229,300 $42,500 $186,800
2022 $4,568 $219,400 $41,900 $177,500
2021 $4,446 $219,400 $41,900 $177,500
2020 $4,360 $207,400 $39,600 $167,800
2019 $4,308 $207,400 $39,600 $167,800
2018 $4,256 $197,900 $36,900 $161,000
2017 $3,692 $197,900 $36,900 $161,000
2016 $3,620 $175,800 $25,600 $150,200
2015 $3,620 $175,800 $25,600 $150,200
2014 $3,394 $166,000 $30,200 $135,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 42181

APN: 261-00500325000