NOT LISTED FOR SALE

605 Elm St van Meter, IA 50261

Estimated Value: $132,000 - $153,000

4 Beds
2 Baths
1,824 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $125,000 $69 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $921/month

2 Days on Market

Highlights

  • Sun or Florida Room
  • Mud Room
  • Forced Air Heating and Cooling System
  • Van Meter Elementary School Rated A
  • No HOA
  • Family Room

About This Home

As of June 2024

Attention investors and house flippers! Here's your ticket to Van Meter's premier real estate market. This 4-bedroom, 2-bathroom fixer-upper, strategically situated on a corner lot, is a tantalizing investment opportunity awaiting your creative touch. While seller inspection provides insights, it's abundantly clear: this property is a full-scale renovation project. But don't let that deter you—this is where your vision comes into play. With the right expertise and a bold vision, you can elevate this property to new heights and capitalize on the high-demand housing market in Van Meter. Seize the opportunity to turn this diamond in the rough into a lucrative investment. Your success story starts here!

Last Agent to Sell the Property

Janell Backer

Realty ONE Group Impact Listed on: 05/01/2024

Realty ONE Group Impact

Last Buyer's Agent

Sara Heeley

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,948

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Family Room
  • Dining Area
  • Sun or Florida Room
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1527102005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,948

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 68.53
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 68.53
  • Termite: Call Listing Agent
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 1st Flr Laundry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 2nd Floor: 1
  • Basement Description: Unfinished
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: Mud Room, Sun Room
  • Living Area Sq Ft: 1824
  • Total Sq Ft: 1824

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt Shingle
  • Street Feature: Public Sidewalk

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2000
  • Lot S F: 8712
  • Lot Shape: Regular
  • Lot Size: 66X132
  • Assessor Parcel Number: 1527102005
  • 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: 1948.00
  • Net Taxes: 1948.00

MLS Schools

  • School District: Van Meter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 2, 2024
Sold by
Jimmerson Melvis and Jimmerson Marsha K
Bought by
Cornelison Daniel
Seller's Agent
Janell Backer
Realty ONE Group Impact
Buyer's Agent
Sara Heeley
RE/MAX Precision
List Price
$125,000
Sold Price
$125,000
Views
9
Current Estimated Value
$144,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,667
Avg. Annual Appreciation
9.75%
Original Mortgage
$187,500
Outstanding Balance
$186,220
Interest Rate
7.22%
Mortgage Type
Construction
Estimated Equity
-$41,553
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cornelison Daniel $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelison Daniel $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Sold $125,000 0.0% $69 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $125,000 -- $69 / 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
2025 $1,964 $113,690 $42,900 $70,790
2024 $1,948 $118,900 $33,000 $85,900
2023 $1,948 $118,900 $33,000 $85,900
2022 $1,968 $101,720 $29,700 $72,020
2021 $1,968 $103,830 $29,700 $74,130
2020 $1,836 $93,040 $29,700 $63,340
2019 $1,862 $93,040 $29,700 $63,340
2018 $1,862 $90,350 $29,700 $60,650
2017 $1,844 $90,350 $29,700 $60,650
2016 $1,036 $50,270 $19,540 $30,730
2015 $1,032 $50,270 $0 $0
2014 $1,032 $50,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janell Backer

    Seller's Agent in 2024

    Janell Backer

    Realty ONE Group Impact

    (515) 249-0376

    20 Total Sales

    Janell Backer
    Section Image
  • Sara Heeley

    Buyer's Agent in 2024

    Sara Heeley

    RE/MAX

    (515) 506-0504

    46 Total Sales

    Sara Heeley
    Section Image

  • H

    Buyer Co-Listing Agent in 2024

    Hayley Carlson

    RE/MAX

    (515) 229-2283

    71 Total Sales

    Hayley Carlson
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 694313

Des Moines Area Association of REALTORS®

APN: 15-27-102-005

Iowa Dallas County Van Meter 50261

605 Elm St, Van Meter, IA

Not Listed for Sale

Detached

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