NOT LISTED FOR SALE

5624 Arbor Lake Dr Pleasant Hill, IA 50327

Estimated Value: $546,000 - $658,000

0.38 Acre
$1,512,461 Price per Acre
16,727 Sq Ft Lot

Last Sold June 25, 2020

Last sale price $35,000

Est. 1,559% increase in value since last sale

Current estimated payment $3,176/month

358 Days on Market

About This Lot

As of June 2020

Bring Your Own Builder! Experience luxurious living in a quiet suburban community nestled on the edge of Pleasant Hill, sharing amenities of Altoona and Des Moines. Arbor Lake is master planned around a beautiful Lake and wildlife to allow for walk-out lots, secluded wooded lots and cul-de-sac lots. Homes start at the entry level to executive homes. 5 year graduated tax abatement, special financing, historically low interest rates and reasonable lot prices make home building an affordable choice. Families boast of the SOUTHEAST POLK SCHOOL DISTRICT showcasing "State of the Art" new High School, Jr High, 6th Grade Center and 8 Elementaries. This community is located within minutes of Prairie Meadows Race Track & Casino, Adventureland Amusement & Water Park. Residents enjoy the peaceful country surroundings without sacrificing big city conveniences. Only minutes from downtown Des Moines & I80/I-235. Come Home to Arbor Lake!

Last Agent to Sell the Property

Pennie Carroll

Pennie Carroll & Associates Listed on: 06/25/2019

Last Buyer's Agent

Heather Wright

RE/MAX Concepts

RE/MAX Concepts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $100

Lot Details

  • 0.38 Acre Lot
  • Property is zoned R-4

Outdoor Features

  • Electricity Available at Street

Listing and Financial Details

  • Assessor Parcel Number 22100152001018

Property Details

Property Type

Land

Est. Annual Taxes

$100

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: Southeast Polk

Lot Info

  • Acres: 0.3840
  • Lot S F: 16733
  • Assessor Parcel Number: 22100152001018
  • Zoning: R-4

Tax Info

  • Gross Taxes: 100.00
  • Net Taxes: 100.00

MLS Schools

  • School District: Southeast Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Jun 17, 2020
Sold by
First National Bank Midwest
Bought by
Powell Andrew S
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Heather Wright
RE/MAX Concepts
List Price
$40,900
Sold Price
$35,000
Premium/Discount to List
-$5,900
-14.43%
Current Estimated Value
$580,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,785
Avg. Annual Appreciation
72.23%
Original Mortgage
$28,000
Interest Rate
3.2%
Mortgage Type
New Conventional
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
Powell Andrew S $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Andrew S $675,000
Closed Powell Andrew S $559,845
Closed Powell Andrew S $551,000
Closed Powell Andrew S $544,350
Closed Powell Andrew S $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $35,000 -14.4% --
06/17/2020 06/17/20 Pending -- -- --
06/25/2019 06/25/19 For Sale $40,900 -- --
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 $980 $180,330 $63,150 $117,180
2023 $980 $149,700 $54,500 $95,200
2022 $970 $47,300 $47,300 $0
2021 $976 $47,300 $47,300 $0
2020 $960 $45,300 $45,300 $0
2019 $948 $45,300 $45,300 $0
2018 $952 $43,000 $43,000 $0
2017 $926 $43,000 $43,000 $0
2016 $2 $38,000 $38,000 $0
2015 $2 $120 $120 $0
2014 $2 $120 $120 $0
Source: Public Records

Agents Affiliated with this Home

  • Pennie Carroll

    Seller's Agent in 2020

    Pennie Carroll

    Pennie Carroll & Associates

    (515) 490-8025

    71 in this area

    1,250 Total Sales

    Pennie Carroll
    Section Image
  • Heather Wright

    Buyer's Agent in 2020

    Heather Wright

    RE/MAX

    (515) 229-2012

    1 in this area

    249 Total Sales

    Heather Wright
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 585545

Des Moines Area Association of REALTORS®

APN: 221-00152001018

Iowa Polk County Pleasant Hill 50327

5624 Arbor Lake Dr, Pleasant Hill, IA

This home is located at 5624 Arbor Lake Dr, Pleasant Hill, IA 50327 since 25 June 2019 and is currently estimated at $580,785. 5624 Arbor Lake Dr is a home located in Polk County with nearby schools including Four Mile Elementary School, Southeast Polk Spring Creek- 6th Grade, and Southeast Polk 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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