NOT LISTED FOR SALE

5408 157th St Grimes, IA 50111

Estimated Value: $720,000 - $844,000

5 Beds
4.5 Baths
2,480 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $774,900 $312 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,313/month

34 Days on Market

Highlights

  • Basketball Court
  • Wood Flooring
  • Wine Refrigerator
  • 2.78 Acre Lot
  • Corner Lot
  • Screened Porch

About This Home

As of June 2023

Price Adjustment! 2.78 acres! What!? Wait there is more! This home has been completely renovated! 5 bdrm, 4.5 bath, walkout, with 5 car garage spaces (includes a detached 2 car garage that is heated and cooled, used as a gym by owners). Beautiful oak floors, open concept, gorgeous kitchen with large island, mudroom, screened in porch, gas stone fireplace, wood ceiling in dining room. Upstairs 3 guest rooms with 2 baths and the primary bdrm has a shiplap accent wall, walk-in closet, and a lovely bath! Lower level has 5th bdrm, a full bath, game area, family room, theater room, for all the family fun! Outside are all the acres to play on, a park across the street, creek for frog hunting in the backyard, basketball court! Make sure to check out this stunning property right away!

Last Agent to Sell the Property

Julie Baudler

RE/MAX Concepts Listed on: 03/21/2023

RE/MAX Concepts

Last Buyer's Agent

Julie Baudler

RE/MAX Concepts Listed on: 03/21/2023

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,276

Year Built

  • Built in 1999

Lot Details

  • 2.78 Acre Lot
  • Property has an invisible fence for dogs
  • Corner Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Family Room Downstairs
  • Formal Dining Room
  • Screened Porch
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 5 Garage Spaces | 3 Attached and 2 Detached
  • Driveway

Outdoor Features

  • Basketball Court
  • Patio
  • Fire Pit
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Septic Tank

Community Details

  • Barb Reese Association, Phone Number (515) 669-5573

Listing and Financial Details

  • Assessor Parcel Number 1211476008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,276

Year Built

Built in 1999

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 314.11
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 312.46
  • Termite: Follow Showing Instructions
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Direct Vent Gas
  • Fireplaces: 1
  • Interior Amenities: 2nd Flr Laundry, Carpeting, Central Vac, Hardwood Floors, Tile Floors, See Reserved Items
  • Total Bathrooms: 5.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Partial Bath Total: 2
  • Partial Bath 2nd Floor: 2
  • Basement Description: Finished, Walkout
  • Sq Ft Bsmt: 960
  • Sq Ft Fin Bsmt: 800
  • Dining Room: Eat In Kitchen, Formal Dining Rm
  • Family Room: 1st Floor, Lower Level
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Wine Fridge
  • Living Area Sq Ft: 2480
  • Total Sq Ft: 2480

Exterior Features

  • Exterior: Cement Board, Stone
  • Exterior Features: Basketball Court, Exterior Storage Shed, Fire Pit, Invisible Pet Fence, Open Patio, Screened Porch
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached, 3 Attached
  • Garage Parking Stalls: 5

Utilities

  • Sewer: Septic
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: 200.0000
  • Association Fee Term: Year
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Walnut Meadows Owners Assn
  • Management Firm: Barb Reese
  • Management Firm Phone: (515) 669-5573

Schools

  • School District: Waukee

Lot Info

  • Acres: 2.7800
  • Lot S F: 121097
  • Lot Shape: Corner Lot
  • Assessor Parcel Number: 1211476008
  • Zoning: RES

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 9276.00
  • Net Taxes: 9276.00

MLS Schools

  • School District: Waukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Jun 5, 2023
Sold by
Lawrence Jay R and Lawrence Elizabeth E
Bought by
Oelberg Scott Harlan and Oelberg Christina M
Seller's Agent
Julie Baudler
RE/MAX Concepts
Buyer's Agent
Julie Baudler
RE/MAX Concepts
List Price
$799,900
Sold Price
$774,900
Premium/Discount to List
-$25,000
-3.13%
Views
98
Current Estimated Value
$787,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,559
Avg. Annual Appreciation
0.72%
Original Mortgage
$581,175
Outstanding Balance
$566,359
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$221,100

Purchase Details

Listed on
Oct 28, 2016
Closed on
Jan 16, 2017
Sold by
Nickerson Lisa and Hogue Robert Scott
Bought by
Lawrence Jay R and Lawrence Elizabeth E
Seller's Agent
Donna Stall
RE/MAX Concepts
Buyer's Agent
Julie Baudler
RE/MAX Concepts
List Price
$459,900
Sold Price
$440,000
Premium/Discount to List
-$19,900
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$44,000
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Oelberg Scott Harlan $775,000 None Listed On Document
Lawrence Jay R $440,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oelberg Scott Harlan $581,175
Previous Owner Lawrence Jay R $297,000
Previous Owner Lawrence Jay R $44,000
Previous Owner Lawrence Jay R $352,000
Previous Owner Hogue Robert Scott $337,600
Previous Owner Bott Matt $319,800
Previous Owner Bott Matt $335,500
Previous Owner Bott Matt $42,500
Previous Owner Bott Matthew R $42,500
Previous Owner Ruelle Patrick J $396,000
Previous Owner Ruelle Patrick J $91,835
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $774,900 -0.5% $312 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
03/29/2023 03/29/23 Price Changed $779,000 -2.6% $314 / Sq Ft
03/21/2023 03/21/23 For Sale $799,900 +81.8% $323 / Sq Ft
01/17/2017 01/17/17 Sold $440,000 -4.3% $172 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
10/28/2016 10/28/16 For Sale $459,900 +9.0% $180 / Sq Ft
08/22/2014 08/22/14 Sold $422,000 -1.8% $165 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $429,900 -- $168 / Sq Ft
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 $157 $697,260 $150,000 $547,260
2023 $157 $690,110 $147,500 $542,610
2022 $9,433 $587,170 $120,000 $467,170
2021 $157 $514,940 $105,630 $409,310
2020 $9,509 $500,420 $105,630 $394,790
2019 $9,913 $500,420 $105,630 $394,790
2018 $578 $492,530 $115,000 $377,530
2017 $8,126 $424,570 $115,000 $309,570
2016 $7,204 $397,730 $95,000 $302,730
2015 $7,012 $385,310 $0 $0
2014 $6,512 $370,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 669532

Des Moines Area Association of REALTORS®

APN: 12-11-476-008