1116 18th St Unit 2/P/NE Des Moines, IA 50314
Cheatom Park Neighborhood
2
Beds
1
Bath
1,301
Sq Ft
6,300
Sq Ft Lot
Highlights
- 1 Fireplace
- Formal Dining Room
- Hot Water Heating System
About This Home
As of January 2019Perfect investment property close to Drake University and easily accessible to downtown Des Moines and Interstate 235. Home needs a little work, but will make a good investment. 2 BR brick ranch with spacious finished attic that could be a MBR. Fenced backyard. Walkout. 1 car garage. May be a good candidate for NFC for those owner-occupied buyers. Yes this home needs some attention but this could be a great equity builder. This is a Fannie Mae HomePath property.
Last Buyer's Agent
Carmen Hocking
RE/MAX Concepts
Home Details
Home Type
- Single Family
Year Built
- Built in 1923
Lot Details
- 6,300 Sq Ft Lot
- Lot Dimensions are 50x126
Home Design
- Brick Exterior Construction
- Brick Foundation
- Asphalt Shingled Roof
Interior Spaces
- 1,301 Sq Ft Home
- 1.5-Story Property
- 1 Fireplace
- Formal Dining Room
- Unfinished Basement
Bedrooms and Bathrooms
- 1 Full Bathroom
Parking
- 1 Car Detached Garage
- Driveway
Utilities
- No Cooling
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 03000154000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2018
Closed on
Dec 27, 2018
Sold by
Richardson Dace Nemiah and Richardson Alyssa Kay
Bought by
Hermann Allyson M and Stock Lisa A
Seller's Agent
Shane Torres
RE/MAX Concepts
Buyer's Agent
Micole Van Walbeek
RE/MAX Concepts
List Price
$125,000
Sold Price
$124,000
Premium/Discount to List
-$1,000
-0.8%
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
$37,285
Avg. Annual Appreciation
4.10%
Original Mortgage
$117,800
Outstanding Balance
$104,985
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$56,300
Purchase Details
Listed on
Jan 15, 2016
Closed on
Apr 16, 2016
Sold by
Portillo Porfirio and Portillo Kimberly
Bought by
Richardson Dace Nemiah and Fairchild Alyssa
Seller's Agent
Audra Sypolt
RE/MAX Concepts
Buyer's Agent
Andrew Bruellman
RE/MAX Concepts
List Price
$99,900
Sold Price
$90,597
Premium/Discount to List
-$9,303
-9.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$81,537
Interest Rate
3.71%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 20, 2014
Closed on
Mar 14, 2014
Sold by
Fannie Mae
Bought by
Portillo Porfirio and Portillo Kimberly
Seller's Agent
Marlea DePenning
BHHS First Realty Westown
Buyer's Agent
Carmen Hocking
RE/MAX Concepts
List Price
$26,500
Sold Price
$35,100
Premium/Discount to List
$8,600
32.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.40%
Purchase Details
Listed on
Jan 20, 2014
Closed on
Jan 28, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association
Seller's Agent
Marlea DePenning
BHHS First Realty Westown
Buyer's Agent
Carmen Hocking
RE/MAX Concepts
List Price
$26,500
Sold Price
$35,100
Premium/Discount to List
$8,600
32.45%
Purchase Details
Closed on
Dec 17, 2013
Sold by
Reed Kevin James
Bought by
Jpmorgan Chase Bank Na
Purchase Details
Closed on
Mar 10, 2009
Sold by
Reed Thaddeus S
Bought by
Reed Kevin James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
5.08%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 14, 2009
Sold by
Reed Kevin James
Bought by
Reed Thaddeus S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
5.08%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 9, 2009
Sold by
Reed Thaddeus S
Bought by
Reed Kevin James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
5.08%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 31, 2001
Sold by
Harter Robert H and Harter Robert Michael
Bought by
Halterman Beryl D
Purchase Details
Closed on
Apr 2, 1998
Sold by
Firstar Bank Des Moines N A
Bought by
Williams Yvette
Similar Home in Des Moines, IA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $124,000 | None Available | |
| Warranty Deed | $124,000 | None Available | |
| Warranty Deed | $90,000 | None Available | |
| Special Warranty Deed | $42,120 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $61,941 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | $154,500 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $117,800 | New Conventional | |
| Closed | $117,800 | New Conventional | |
| Previous Owner | $81,537 | Commercial | |
| Previous Owner | $81,537 | Commercial | |
| Previous Owner | $53,100 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2019 01/02/19 | Sold | $124,000 | -0.8% | $95 / Sq Ft |
| 01/02/2019 01/02/19 | Pending | -- | -- | -- |
| 10/26/2018 10/26/18 | For Sale | $125,000 | +38.0% | $96 / Sq Ft |
| 04/26/2016 04/26/16 | Sold | $90,597 | -9.3% | $70 / Sq Ft |
| 04/01/2016 04/01/16 | Pending | -- | -- | -- |
| 01/15/2016 01/15/16 | For Sale | $99,900 | +184.6% | $77 / Sq Ft |
| 03/14/2014 03/14/14 | Sold | $35,100 | +32.5% | $27 / Sq Ft |
| 03/14/2014 03/14/14 | Pending | -- | -- | -- |
| 01/20/2014 01/20/14 | For Sale | $26,500 | -- | $20 / 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 |
|---|---|---|---|---|
| 2024 | $2,026 | $103,000 | $11,500 | $91,500 |
| 2023 | $1,748 | $103,000 | $11,500 | $91,500 |
| 2022 | $1,736 | $74,200 | $8,800 | $65,400 |
| 2021 | $1,634 | $74,200 | $8,800 | $65,400 |
| 2020 | $1,698 | $65,500 | $7,800 | $57,700 |
| 2019 | $1,370 | $65,500 | $7,800 | $57,700 |
| 2018 | $1,356 | $51,000 | $7,000 | $44,000 |
| 2017 | $1,366 | $51,000 | $7,000 | $44,000 |
| 2016 | $1,330 | $50,500 | $6,900 | $43,600 |
| 2015 | $1,330 | $50,500 | $6,900 | $43,600 |
| 2014 | $1,300 | $48,900 | $7,400 | $41,500 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Torres
Seller's Agent in 2019
Shane Torres
RE/MAX
(515) 984-0222
649 Total Sales
-
Andrew Bruellman
Seller Co-Listing Agent in 2019
Andrew Bruellman
RE/MAX
(515) 320-3653
233 Total Sales
-
Micole Van Walbeek
Buyer's Agent in 2019
Micole Van Walbeek
RE/MAX
(515) 333-8292
251 Total Sales
-
Audra Sypolt
Seller's Agent in 2016
Audra Sypolt
RE/MAX
(515) 783-8310
1 in this area
281 Total Sales
-
K
Seller Co-Listing Agent in 2016
Kasey Sypolt
RE/MAX
-
Marlea DePenning
M
Seller's Agent in 2014
Marlea DePenning
BHHS First Realty Westown
(515) 314-3325
44 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 429688
APN: 030-00154000000
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