NOT LISTED FOR SALE

701 NE 5th St Grimes, IA 50111

Estimated Value: $230,000 - $251,000

3 Beds
1 Bath
960 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $168,500 $176 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,573/month

106 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Heritage Elementary School Rated 10
  • Eat-In Kitchen
  • 2-minute walk to Lions Park

About This Home

As of October 2019

New New New. Welcome Home to this GORGEOUS completely remodeled home in an established Grimes Neighborhood. This perfect 3 bedroom, 1 bath home has so much to offer. The backyard is absolutely perfect for entertaining. Just enough space without being a bear to mow! The one car attached garage make unloading groceries a breeze. Main floor laundry, amazing eat-in kitchen with plenty of natural lighting. The updates that have been done to this home are remarkable. New windows, roof, soffits, flooring, interior and exterior paint, SS appliances, completely new kitchen, bathroom, HVAC, hot water heater and new lighting throughout, you can rest assured that you are getting a solid worry free home in this adorable ranch. Schedule your showing today.

Last Agent to Sell the Property

Samantha Hartley-Bullen

RE/MAX Results Listed on: 07/11/2019

RE/MAX Results

Last Buyer's Agent

Ingrid Williams

RE/MAX Concepts

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,104

Year Built

  • Built in 1983

Lot Details

  • 8,032 Sq Ft Lot
  • Lot Dimensions are 63x128

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 960 Sq Ft Home
  • Family Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 31100175048000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,104

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 176.98
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 175.52
  • Termite: Follow Showing Instructions
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Fire Alarm, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Other Rooms: Pantry
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 960
  • Total Sq Ft: 960

Exterior Features

  • Exterior: Cement Board
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Dallas Center-Grimes

Lot Info

  • Acres: 0.1840
  • Lot S F: 8032
  • Lot Shape: Regular
  • Lot Size: 63X128
  • Assessor Parcel Number: 31100175048000
  • 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: 3103.81
  • Net Taxes: 3103.81

MLS Schools

  • School District: Dallas Center-Grimes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Oct 22, 2019
Sold by
Tahoe Solutions Llc
Bought by
King Jacob C and King Alicia M
Seller's Agent
Samantha Hartley-Bullen
RE/MAX Results
Buyer's Agent
Ingrid Williams
RE/MAX Concepts
List Price
$179,700
Sold Price
$168,500
Premium/Discount to List
-$11,200
-6.23%
Current Estimated Value
$235,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,277
Avg. Annual Appreciation
5.88%
Original Mortgage
$153,060
Outstanding Balance
$134,678
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$101,099

Purchase Details

Closed on
Mar 5, 2019
Sold by
Lane Investments Llc
Bought by
Tahoe Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,160
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 20, 2019
Sold by
Rupp Rebecca and Estate Of Morris Lee Fry
Bought by
Lane Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,160
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
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
King Jacob C $168,500 None Available
Tahoe Solutions Llc $78,000 None Available
Lane Investments Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Jacob C $153,060
Previous Owner Tahoe Solutions Llc $62,160
Previous Owner Fry Morris Lee $51,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $168,500 -6.2% $176 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $179,700 -- $187 / 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
2024 $3,580 $191,500 $51,200 $140,300
2023 $3,460 $191,500 $51,200 $140,300
2022 $3,482 $157,600 $43,200 $114,400
2021 $2,990 $157,600 $43,200 $114,400
2020 $2,944 $130,900 $38,200 $92,700
2019 $2,580 $130,900 $38,200 $92,700
2018 $2,662 $116,100 $33,400 $82,700
2017 $2,452 $116,100 $33,400 $82,700
2016 $2,346 $105,100 $29,800 $75,300
2015 $2,346 $105,100 $29,800 $75,300
2014 $2,284 $107,600 $30,100 $77,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 586711

Des Moines Area Association of REALTORS®

APN: 311-00175048000