1222 48th St Des Moines, IA 50311
Waveland Park NeighborhoodEstimated Value: $194,000 - $229,000
3
Beds
1
Bath
1,214
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Fireplace
- Forced Air Heating and Cooling System
- Main Floor Primary Bedroom
- Eat-In Kitchen
About This Home
As of May 2014Lots of character in this home, just waiting for your personal touch. Fantastic location, walking distance to shopping, eating, entertainment. Built in 1912 and remodeled in 1980. Assessors does not reflect some of the re-model. First floor 2BR converted to one large master bedroom with dual closets, finished attic area is 2 additional bedrooms. Hardwood floors on main floor with fireplace in living room, large open kitchen with eat-in area, french doors to deck. Closed in porch on front of home. Basement stubbed for 3/4 bath, newer vinyl siding and furnace. With a little TLC this will make a charming home. Seller may cancel this agreement prior to the ending date of the listing period without advance notice to the broker, & without payment of commission or any other consideration if the property is conveyed to the mortgage insurer or the mortgage holder.
Home Details
Home Type
- Single Family
Year Built
- Built in 1912
Lot Details
- 6,750 Sq Ft Lot
- Lot Dimensions are 50 x 135
Home Design
- Brick Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,214 Sq Ft Home
- 1.5-Story Property
- 1 Fireplace
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 10005884000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2013
Closed on
May 14, 2014
Sold by
Lelstner Teresa A
Bought by
Stoltze David C
Seller's Agent
Debra McGhee
Iowa Realty Mills Crossing
Buyer's Agent
Rhonda Vanderlinden
Keller Williams Realty GDM
List Price
$135,000
Sold Price
$95,000
Premium/Discount to List
-$40,000
-29.63%
Total Days on Market
427
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
$116,857
Avg. Annual Appreciation
7.66%
Purchase Details
Closed on
Aug 4, 2006
Sold by
Leistner Brent L
Bought by
Leistner Teresa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,300
Interest Rate
8.7%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 29, 2004
Sold by
Stowe Tyler W and Stowe Colleen T M
Bought by
Leistner Brent L and Leistner Teresa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 13, 2002
Sold by
Smith Jason M and Smith Nichole
Bought by
Stowe Tyler W and Stowe Colleen T M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.1%
Purchase Details
Closed on
Aug 22, 2000
Sold by
Hoehne Brent A
Bought by
Smith Jason M and Richerodt Nichole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,866
Interest Rate
8.26%
Mortgage Type
FHA
Purchase Details
Closed on
May 21, 1997
Sold by
Kester Barbara E and Baum Barbara E
Bought by
Hoehne Brent A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,050
Interest Rate
8.24%
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Similar Homes in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stoltze David C | $95,000 | None Available | |
| Leistner Teresa A | -- | None Available | |
| Leistner Brent L | $115,500 | -- | |
| Stowe Tyler W | $114,500 | -- | |
| Smith Jason M | $86,500 | -- | |
| Hoehne Brent A | $78,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Leistner Teresa A | $132,865 | |
| Previous Owner | Leistner Teresa A | $138,976 | |
| Previous Owner | Leistner Teresa A | $136,923 | |
| Previous Owner | Leistner Teresa A | $127,300 | |
| Previous Owner | Leistner Brent L | $92,800 | |
| Previous Owner | Stowe Tyler W | $92,000 | |
| Previous Owner | Smith Jason M | $85,866 | |
| Previous Owner | Hoehne Brent A | $75,050 | |
| Closed | Leistner Brent L | $23,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2014 05/15/14 | Sold | $95,000 | -29.6% | $78 / Sq Ft |
| 04/15/2014 04/15/14 | Pending | -- | -- | -- |
| 03/14/2013 03/14/13 | For Sale | $135,000 | -- | $111 / 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 | $3,370 | $181,800 | $42,000 | $139,800 |
| 2023 | $3,660 | $181,800 | $42,000 | $139,800 |
| 2022 | $3,630 | $164,200 | $37,100 | $127,100 |
| 2021 | $3,608 | $164,200 | $37,100 | $127,100 |
| 2020 | $3,744 | $153,200 | $33,900 | $119,300 |
| 2019 | $2,994 | $153,200 | $33,900 | $119,300 |
| 2018 | $2,958 | $119,900 | $29,600 | $90,300 |
| 2017 | $2,732 | $119,900 | $29,600 | $90,300 |
| 2016 | $2,656 | $109,500 | $26,500 | $83,000 |
| 2015 | $2,656 | $109,500 | $26,500 | $83,000 |
| 2014 | $3,052 | $123,600 | $24,800 | $98,800 |
Source: Public Records
Agents Affiliated with this Home
-
Debra McGhee
Seller's Agent in 2014
Debra McGhee
Iowa Realty Mills Crossing
(515) 360-3652
112 Total Sales
-
Rhonda Vanderlinden
Buyer's Agent in 2014
Rhonda Vanderlinden
Keller Williams Realty GDM
(515) 360-1991
23 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 414155
APN: 100-05884000000
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