NOT LISTED FOR SALE

5517 SW Lake Ridge Dr Wdm, IA 50265

Estimated Value: $771,000 - $808,000

-- Bed
-- Bath
-- Sq Ft
0.99 Acres

Last Sold May 26, 2021

Last sale price $664,560

Est. 18% increase in value since last sale

Current estimated payment $5,243/month

75 Days on Market

About This Home

As of May 2021

All information obtained from Seller and public records.

Last Agent to Sell the Property

Brian Rhoads

RE/MAX Precision Listed on: 03/12/2021

RE/MAX Precision

Last Buyer's Agent

Brian Rhoads

RE/MAX Precision Listed on: 03/12/2021

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,442

Year Built

  • Built in 2021

Lot Details

  • 0.99

HOA Fees

  • $33 Monthly HOA Fees

Interior Spaces

  • 2-Story Property

Community Details

  • Maffitt Ridge HOA

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,442

Year Built

Built in 2021

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Natl Assocof Home Builders: No
  • Termite: Call Listing Agent
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Condo/Co-op/Association

  • Association Fee: 400.0000
  • Association Fee Term: Year
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Maffitt Ridge HOA
  • Management Firm: Maffitt Ridge HOA

Schools

  • School District: West Des Moines

Green Features

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

Lot Info

  • Zoning: Res

Multi Family

  • Geo Solar Thermal: No

MLS Schools

  • School District: West Des Moines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
May 25, 2021
Sold by
Frampton Homes Inc
Bought by
Perrigo David S and Perrigo Leslie M
Seller's Agent
Brian Rhoads
RE/MAX Precision
Buyer's Agent
Brian Rhoads
RE/MAX Precision
List Price
$630,000
Sold Price
$664,560
Premium/Discount to List
$34,560
5.49%
Total Days on Market
75
Current Estimated Value
$786,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,795
Avg. Annual Appreciation
4.28%
Original Mortgage
$598,104
Outstanding Balance
$547,370
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$238,985

Purchase Details

Listed on
Apr 14, 2014
Closed on
Nov 17, 2020
Sold by
Maffitt Ridge Llc
Bought by
Frampton Homes Inc
Seller's Agent
Robin Von Gillern
RE/MAX Concepts
Buyer's Agent
Brian Rhoads
RE/MAX Precision
List Price
$133,500
Sold Price
$155,000
Premium/Discount to List
$21,500
16.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1543.52%
Original Mortgage
$511,110
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Similar Home in the area

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
Perrigo David S $665,000 None Available
Frampton Homes Inc $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrigo David S $73,476
Open Perrigo David S $598,104
Previous Owner Frampton Homes Inc $511,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2021 07/31/21 Pending -- -- --
05/26/2021 05/26/21 Sold $664,560 +5.5% --
03/12/2021 03/12/21 For Sale $630,000 +306.5% --
11/19/2020 11/19/20 Sold $155,000 +16.1% --
10/23/2020 10/23/20 Pending -- -- --
04/14/2014 04/14/14 For Sale $133,500 -- --
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 $12,442 $785,000 $225,800 $559,200
2023 $12,450 $785,000 $225,800 $559,200
2022 $2,360 $644,800 $188,400 $456,400
2021 $1,974 $123,700 $101,700 $22,000
2020 $2,880 $98,400 $98,400 $0
2019 $316 $145,800 $145,800 $0
2018 $318 $15,460 $15,460 $0
2017 $326 $15,460 $15,460 $0
2016 $320 $15,460 $15,460 $0
2015 $320 $15,460 $15,460 $0
2014 $298 $15,460 $15,460 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 624179

Des Moines Area Association of REALTORS®

APN: 320-02962230000