NOT LISTED FOR SALE

Estimated Value: $3,981,493

-- Bed
-- Bath
14,753 Sq Ft
$270/Sq Ft Est. Value

About This Home

This home is located at 6109 Merle Hay Rd, Johnston, IA 50131 and is currently estimated at $3,981,493, approximately $269 per square foot. 6109 Merle Hay Rd is a home located in Polk County with nearby schools including Lawson Elementary School, Johnston Middle School, and Summit Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2018
Sold by
Dewild Louis De and Dewild Rebekah
Bought by
Brite Beginnings Inc
Current Estimated Value
$3,981,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Outstanding Balance
$2,225,011
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,834,102

Purchase Details

Closed on
Jan 3, 2018
Sold by
Oakmoor Management Company Inc
Bought by
Reed Cooperative Housing Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,756,856
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 2, 2009
Sold by
Knapp Bob J and Knapp Barbara J
Bought by
G K Properties Inc

Purchase Details

Closed on
Jun 14, 2008
Sold by
Tingley Richard R
Bought by
Tingley Richard R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Brite Beginnings Inc $2,800,000 None Available
Reed Cooperative Housing Association $2,841,000 None Available
G K Properties Inc -- None Available
Tingley Richard R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brite Beginnings Inc $334,000
Open Brite Beginnings Inc $2,550,000
Previous Owner Reed Cooperative Housing Association $1,756,856
Previous Owner Oakmoor Management Company Inc $2,337,500
Source: Public Records

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 $80,036 $2,530,000 $760,000 $1,770,000
2023 $64,722 $2,530,000 $760,000 $1,770,000
2022 $72,176 $2,120,000 $636,000 $1,484,000
2021 $70,386 $2,120,000 $636,000 $1,484,000
2020 $70,992 $2,060,000 $578,000 $1,482,000
2019 $68,938 $2,060,000 $578,000 $1,482,000
2018 $68,762 $1,930,000 $578,400 $1,351,600
2017 $62,698 $1,930,000 $578,400 $1,351,600
2016 $62,842 $1,780,000 $482,000 $1,298,000
2015 $62,842 $1,780,000 $482,000 $1,298,000
2014 $60,460 $1,670,000 $482,000 $1,188,000
Source: Public Records

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