NOT LISTED FOR SALE

1103 E Watrous Ave Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $216,000 - $235,317

2 Beds
2 Baths
1,152 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $119,000 $103 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,508/month

About This Home

Fantastic find! South side brick ranch home with tons of space. Main level features good sized bedrooms, a large eat-in kitchen and a large bathroom with a double vanity. Go downstairs and find a 3/4 bath, family room and non-conforming 3rd bedroom. Basement also features a wood burning stove to help save on the utility bill. Plenty of closet and storage space throughout entire home. Outside you will find a deep 4 car detached heated garage, a 1 car detached garage and 2 more storage sheds. Home sits on almost a 1/2 acre lot with a large driveway. This is a perfect opportunity for a 1st time buyer and also qualifies for NFC financing which can reward up to 10K in forgivable grant $ for updating.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Mar 30, 2016
Sold by
Bullard Fisher Carol Ann
Bought by
Jessen Frederick H and Fadeeva Irina
Seller's Agent
Derek Veldhouse
RE/MAX Concepts
Buyer's Agent
Misty Darling
BH&G Real Estate Innovations
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$225,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,829
Avg. Annual Appreciation
6.91%
Original Mortgage
$100,000
Outstanding Balance
$79,359
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$146,470

Purchase Details

Closed on
Jan 16, 2013
Sold by
Fisher Beryl Susan
Bought by
Bullard Fisher Beryl Susan and Bullard Fisher Carol Ann

Purchase Details

Closed on
Aug 29, 2008
Sold by
Mendenhall Sylvia J and Mendenhall Robert E
Bought by
Fisher Beryl Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,737
Interest Rate
6.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Jessen Frederick H $119,000 None Available
Bullard Fisher Beryl Susan -- None Available
Fisher Beryl Susan $129,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jessen Frederick H $100,000
Previous Owner Fisher Beryl Susan $83,737
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2016 04/27/16 Sold $119,000 0.0% $103 / Sq Ft View Prior Sale
03/23/2016 03/23/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $119,000 -- $103 / Sq Ft

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
2025 $3,822 $226,800 $43,600 $183,200
2024 $3,822 $213,400 $40,400 $173,000
2023 $3,922 $213,400 $40,400 $173,000
2022 $3,654 $178,700 $35,200 $143,500
2021 $3,384 $168,600 $35,200 $133,400
2020 $3,508 $147,500 $31,100 $116,400
2019 $3,046 $147,500 $31,100 $116,400
2018 $3,008 $125,100 $25,800 $99,300
2017 $2,852 $125,100 $25,800 $99,300
2016 $2,858 $117,200 $23,900 $93,300
2015 $2,858 $117,200 $23,900 $93,300
2014 $2,912 $118,300 $23,700 $94,600
Source: Public Records

Agents Affiliated with this Home

  • Derek Veldhouse

    Seller's Agent in 2016

    Derek Veldhouse

    RE/MAX

    (515) 770-4100

    3 in this area

    124 Total Sales

    Derek Veldhouse
    Section Image
  • Misty Darling

    Buyer's Agent in 2016

    Misty Darling

    BH&G Real Estate Innovations

    (515) 414-0059

    25 in this area

    1,883 Total Sales

    Misty Darling
    Section Image

  • R

    Buyer Co-Listing Agent in 2016

    Rene Soldwisch

    Zealty Home Advisors

    (319) 610-4741

    38 Total Sales

    Rene Soldwisch
    Section Image
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Map

Iowa Polk County Des Moines 50315 South Central DSM

1103 E Watrous Ave, Des Moines, IA

Not Listed for Sale

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