NOT LISTED FOR SALE

8927 NE 38th Ave Altoona, IA 50009

Estimated Value: $741,686 - $812,000

5 Beds
3.5 Baths
3,149 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $480,000 $152 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,957/month

177 Days on Market

Highlights

  • Spa
  • Deck
  • Wood Flooring
  • Mitchellville Elementary School Rated A-
  • Multiple Fireplaces
  • Porch

About This Home

As of December 2015

Custom home w/nearly 5,000 sqft of finish sits on 1+acres on the edge of Altoona in SEPolk Schools. New hardwood floors complement gorgeous woodwork & open floor plan. Columns enclose formal dining adjacent to office w/French doors. Great room offers fireplace & windows to take in the view. 1st floor laundry w/sink & closets is near heated 4+car garage w/painted floors. Master suite w/walk-in closet offers private entry to deck. Jack/Jill bath is shared w/other 2 bedrooms. Walkout lower level is AMAZING w/rec room, theater room, kitchenette, 2nd fireplace, 4th bedroom/bath & huge storage w/shelving. Enjoy the luxury of your own 25x70 gym complete w/hoops! Intercom/stereo system, covered porch, utility garage, & geo thermal heating are just a few of the extras. This is a one of a kind gem!

Last Agent to Sell the Property

Thomas Butler

Keller Williams Ames Listed on: 05/04/2015

Co-Listed By

Member Non

CENTRAL IOWA BOARD OF REALTORS

Last Buyer's Agent

Member Non

CENTRAL IOWA BOARD OF REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,030

Year Built

  • Built in 2000

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 240x250
  • Property is zoned AT

Parking

  • 3 Car Attached Garage

Home Design

  • Poured Concrete
  • Wood Trim

Interior Spaces

  • 3,149 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Multiple Fireplaces
  • Window Treatments
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1400027700300

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,030

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Lot Size: 240x250
  • Co List Office Mls Id: 318000164
  • Co List Office Phone: 515-296-4680
  • Directions: NE 80th to NE 38th Av. East to home.
  • Above Grade Finished Sq Ft: 3149.0
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 2000
  • Foundation:Poured: Yes
  • Water Heater:Electric2: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Floor:Tile2: Yes
  • Features:Sump Pump2: Yes
  • Features:Deck-Wood: Yes
  • Features:Ceiling Fan(s): Yes
  • Features:Hot Tub2: Yes
  • Floor:Hardwood: Yes
  • Features:Security System2: Yes
  • Features:Central Vacuum: Yes
  • Basement Walkout: Yes
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Other Equipment: Intercom
  • Has Basement: Walkout, Sump Pump
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1786.0
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s), Central Vacuum
  • Window Features: Window Treatments
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Two: Yes
  • Interior Trim:Oak2: Yes

Exterior Features

  • Construction Type: Steel
  • Foundation Details: Poured, Tile
  • Patio And Porch Features: Deck-Wood, Patio, Porch - Open
  • Features:Window Treatment(s): Yes
  • Features:Patio3: Yes
  • Features:Porch - Open: Yes

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 3

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Geothermal
  • Heating Yn: Yes
  • Sewer: Septic Tank, Public Sewer
  • Sewer Septic: Yes
  • Heating:Geothermal: Yes

Schools

  • Junior High Dist: Southeast Polk

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1400027700300
  • Zoning: AT
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2005
Sold by
Sandquist Douglas N and Sandquist Shelly L
Bought by
Merschman Roger and Merschman Kristy
Current Estimated Value
$762,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Merschman Roger $524,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Merschman Roger $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $480,000 -4.0% $152 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $500,000 -- $159 / Sq Ft
Source: Central Iowa Board 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 $10,030 $698,100 $78,200 $619,900
2023 $10,098 $698,100 $78,200 $619,900
2022 $9,972 $590,500 $66,300 $524,200
2021 $9,736 $590,500 $66,300 $524,200
2020 $9,594 $547,500 $61,300 $486,200
2019 $9,178 $547,500 $61,300 $486,200
2018 $9,228 $503,100 $55,200 $447,900
2017 $9,898 $503,100 $55,200 $447,900
2016 $11,178 $484,200 $45,100 $439,100
2015 $11,178 $536,900 $45,100 $491,800
2014 $11,202 $530,300 $43,800 $486,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Thomas Butler

    Keller Williams Ames

  • M

    Seller Co-Listing Agent in 2015

    Member Non

    CENTRAL IOWA BOARD OF REALTORS

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 42362

APN: 140-00277003000

Iowa Polk County Altoona 50009

8927 NE 38th Ave, Altoona, IA

This home is located at 8927 NE 38th Ave, Altoona, IA 50009 since 04 May 2015 and is currently estimated at $762,172, approximately $242 per square foot. This property was built in 2000. 8927 NE 38th Ave is a home located in Polk County with nearby schools including Mitchellville Elementary School, Southeast Polk Spring Creek- 6th Grade, and Southeast Polk Junior High School.

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