NOT LISTED FOR SALE

5405 SW Lake Ridge Dr Wdm, IA 50265

Estimated Value: $732,000 - $870,033

1.09 Acres
$743,882 Price per Acre
47,393 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $126,000

Est. 549% increase in value since last sale

Current estimated payment $5,149/month

2,664 Days on Market

About This Lot

As of July 2021

Maffitt Ridge is one of West Des Moines' most environmentally sensitive new developments. Consisting of 38 estate lots ranging from 0.92-2.902 acres with walkout, daylight, and flat lots still available. The neighborhood is heavily wooded with an abundance of wildflowers, native prairie grasses, wildlife, and paved walking trail. Located in West Des Moines School district this is one of the most private settings in the metro and just minutes away from all the conveniences of West Glen and Jordan Creek Town Center. This development is builder friendly and allows you to choose your own. Panoramic views and adjacent to Maffitt Lake with an 1,500 acre park and reservoir, fishing from public docks and 4.5 miles of hiking trails. Public services including: CITY SEWER, CITY WATER, street maintenance snow and garbage removal!

Last Agent to Sell the Property

Robin Von Gillern

RE/MAX Concepts Listed on: 04/14/2014

RE/MAX Concepts

Co-Listed By

James Von Gillern

RE/MAX Concepts

Last Buyer's Agent

Medina Rahmanovic

RE/MAX Precision

RE/MAX Precision

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,994

Lot Details

  • 1.09 Acre Lot
  • Property is zoned RE

Outdoor Features

  • Electricity Available at Street

Listing and Financial Details

  • Assessor Parcel Number 32002962234000

Property Details

Property Type

Land

Est. Annual Taxes

$2,994

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Electricity: Street

Schools

  • School District: West Des Moines

Lot Info

  • Acres: 1.0880
  • Lot S F: 47374
  • Assessor Parcel Number: 32002962234000
  • Zoning: RE

Tax Info

  • Gross Taxes: 2994.00
  • Net Taxes: 2994.00
  • Assessor Parcel Number: 5405SWLAKE RIDDRPOLKWESTDESM50061
  • Tax Year: 2020

MLS Schools

  • School District: West Des Moines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Lifetime Homes Llc
Bought by
Hadzic Majda and Hadzic Haris
Current Estimated Value
$818,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$293,407
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$535,842

Purchase Details

Listed on
Apr 14, 2014
Closed on
Jul 23, 2021
Sold by
Maffitt Estates Llc
Bought by
Lifetime Homes Llc
Seller's Agent
Robin Von Gillern
RE/MAX Concepts
Buyer's Agent
Medina Rahmanovic
RE/MAX Precision
List Price
$112,000
Sold Price
$126,000
Premium/Discount to List
$14,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.06%
Original Mortgage
$700,000
Interest Rate
2.93%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hadzic Majda -- None Listed On Document
Lifetime Homes Llc $126,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hadzic Majda $300,000
Previous Owner Lifetime Homes Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $126,000 +12.5% --
07/30/2021 07/30/21 Pending -- -- --
04/14/2014 04/14/14 For Sale $112,000 -- --
Source: Des Moines Area 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
2024 $8,300 $757,500 $152,000 $605,500
2023 $1,658 $523,600 $168,400 $355,200
2022 $1,640 $85,900 $85,900 $0
2021 $1,664 $85,900 $85,900 $0
2020 $2,982 $83,000 $83,000 $0
2019 $346 $151,000 $151,000 $0
2018 $348 $16,900 $16,900 $0
2017 $358 $16,900 $16,900 $0
2016 $350 $16,900 $16,900 $0
2015 $350 $16,900 $16,900 $0
2014 $326 $16,900 $16,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Robin Von Gillern

    Seller's Agent in 2021

    Robin Von Gillern

    RE/MAX

    (515) 240-0500

    97 in this area

    299 Total Sales

    Section Image
  • James Von Gillern

    Seller Co-Listing Agent in 2021

    James Von Gillern

    RE/MAX

    (515) 321-2595

    38 in this area

    317 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Medina Rahmanovic

    RE/MAX

    17 in this area

    57 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 433787

Des Moines Area Association of REALTORS®

APN: 320-02962234000

Iowa Polk County West Des Moines 50061

5405 SW Lake Ridge Dr, West Des Moines, IA

This home is located at 5405 SW Lake Ridge Dr, Wdm, IA 50265 since 14 April 2014 and is currently estimated at $809,344. 5405 SW Lake Ridge Dr is a home located in Polk County with nearby schools including Jordan Creek Elementary School, Valley Southwoods Freshman High School, and Stilwell Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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