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1505 NE Heritage Dr, Grimes, IA, 50111

5beds
3baths
2,795sqft
$504,900
$181price/sqft
$3,648/moest. monthly cost
$145,920/yrincome needed

About This Home

AGENT OFFERS WELCOME! You're going to say WOW when you see this stunning 5-bedroom ranch in a very convenient Grimes neighborhood. The curb appeal is wonderful with a fresh and clean contemporary look! When you step inside you'll immediately notice the beautiful and durable Luxury Vinyl Plank flooring that runs throughout the main level. The entry foyer takes you into the main living space where a marvelous living room, an open dining area, and the perfect kitchen all flow together as one. The living room boasts a tray ceiling with exposed wood beams. There's a beautiful fireplace that's flanked by windows to provide plenty of natural sunlight. Next, you'll discover the open dining area that has plenty of space to host family and friends. It includes a sliding door to a covered composite deck that's great for grilling and outdoor entertaining. The deck steps down to a large and level backyard. Back inside, the chef in your household will love this fabulous kitchen with stunning granite countertops and a subway-tiled backsplash. It includes all the stainless steel appliances, there's a corner walk-in pantry, and a convenient breakfast bar. You'll find the primary bedroom on the main floor. It includes a tray ceiling, a walk-in closet, and an en-suite bathroom with dual sinks and a wonderfully tiled step-in shower. There are 2 more bedrooms and another full bath. There's also a combination mud room and laundry and the washer and dryer are included. The mud room exits to an attached 3-car garage. You'll discover even more great space on the lower level. There's a large family room with a fireplace and a wet bar. There are 2 bedrooms with egress windows on this level and a full bath. You'll also appreciate an abundance of storage space. This home includes smart garage door openers equipped with cameras, smart video doorbells, and a smart thermostat. The location is extremely convenient with fast access to Heritage Elementary School, parks, bike trails, retail shops & restaurants. Don't miss out on this gem! Call the homeowner to schedule a showing.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

10/10
Heritage ElementaryGrades PK-40.4 mi
7/10
DC-G MeadowsGrades 7-82.3 mi

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Concrete
  • Roof: Asphalt
  • Construction materials: concrete

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Tile,Carpet,Linoleum / Vinyl
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 2,795 sqft

Property

Details

  • Parcel number: 31100173780389

Features

  • Exterior features: Stone,Wood,Cement / Concrete

Lot

  • Lot size: 8,799 sqft

Parking

  • Total spaces: 3
  • Parking features: Garage - Attached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,553$30,636
Home Insurance *$216$2,592
Property Taxes $671$8,052
Electricity $208$2,501
Total$3,648$43,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,074/yr
40% on housing$109,440/yr
45% on housing$97,280/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$181This listing

vs Other Active Listings

Avg $/sqft

ZIP 50111$405
Polk County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 50111$256
Polk County$213

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-24Listed for sale$504,900
2025-11-14Listing removed--
2025-09-02Price change$514,900
2025-06-02Listed for sale$519,900
2025-04-30Listing removed--
2025-04-23Price change$519,900
2024-06-19Price change$529,900
2024-05-22Price change$540,000
2024-03-10Listed for sale$550,000
2021-02-08Sold$67,000

For Sale by Owner

AgentProperty Owner

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