J
Seller's Agent in 2014
Josh Rabe
DRES Midwest
6220 50th Ave Norwalk, IA 50211
Warren County NeighborhoodEstimated Value: $415,000 - $523,311
4
Acres
$119,707
Price per Acre
174,240
Sq Ft Lot
Highlights
- 4 Acre Lot
- Formal Dining Room
- Hot Water Heating System
- Ranch Style House
- Central Air
- Family Room Downstairs
About This Lot
As of February 2014Bank approved short sale. This is your opportunity to own a hobby farm or horse ranch just outside of Norwalk. Families will enjoy the Norwalk school district and all will enjoy the easy commute into town. This home was designed for entertaining! The walkout basement features a 2nd kitchen and a bathroom that will make your guest never want to leave. It also features 3 additional finished rooms that could be used as non-conforming bedrooms. The main level of the is bright and open. The sun room allows you to survey all that is yours, while the large kitchen overlooks a large deck that is ready for grilling. The carport has a rubber roof, so you get no drainage from the deck above. The outbuildings are ready for your horses or your business. Everything is set-up and ready to go!
Last Agent to Sell the Property
Josh Rabe
DRES Midwest Listed on: 10/19/2012
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,956
Year Built
- Built in 1961
Lot Details
- 4 Acre Lot
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
Interior Spaces
- 2,257 Sq Ft Home
- Family Room Downstairs
- Formal Dining Room
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Basement
- Walk-Out Basement
- Partial Basement
Parking
- 3 Garage Spaces | 1 Attached and 2 Detached
- Gravel Driveway
Utilities
- Central Air
- Hot Water Heating System
- Heating System Powered By Leased Propane
- Heating System Uses Propane
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 15000340228
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2012
Closed on
Feb 25, 2014
Sold by
Reed Richard L and Reed Karine K
Bought by
Bornhoft Paul D and Bornhoft Celene M
Seller's Agent
Josh Rabe
DRES Midwest
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$280,000
Sold Price
$240,000
Premium/Discount to List
-$40,000
-14.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,828
Avg. Annual Appreciation
6.10%
Original Mortgage
$192,000
Outstanding Balance
$146,135
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$332,693
Purchase Details
Closed on
Nov 20, 2008
Sold by
Reed Richard L and Reed Karine K
Bought by
Reed Richard L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.95%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bornhoft Paul D | $240,000 | None Available | |
| Reed Richard L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bornhoft Paul D | $192,000 | |
| Previous Owner | Reed Richard L | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2014 02/26/14 | Sold | $240,000 | -14.3% | $106 / Sq Ft |
| 01/17/2014 01/17/14 | Pending | -- | -- | -- |
| 10/19/2012 10/19/12 | For Sale | $280,000 | -- | $124 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $5,016 | $536,400 | $182,300 | $354,100 |
| 2024 | $5,056 | $384,900 | $65,100 | $319,800 |
| 2023 | $4,524 | $384,900 | $65,100 | $319,800 |
| 2022 | $4,494 | $301,600 | $63,800 | $237,800 |
| 2021 | $4,682 | $301,600 | $63,800 | $237,800 |
| 2020 | $4,682 | $290,000 | $63,800 | $226,200 |
| 2019 | $4,542 | $290,000 | $63,800 | $226,200 |
| 2018 | $4,624 | $278,000 | $0 | $0 |
| 2017 | $4,476 | $278,000 | $0 | $0 |
| 2016 | $4,424 | $259,300 | $0 | $0 |
| 2015 | $4,424 | $259,300 | $0 | $0 |
| 2014 | $4,494 | $298,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
OUTSIDE AGENT
O
Buyer's Agent in 2014
OUTSIDE AGENT
OTHER
110 in this area
5,699 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 408458
APN: 15000340226
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