NOT LISTED FOR SALE

1243 E 16th St Des Moines, IA 50316

Martin Luther King Jr Park Neighborhood

Estimated Value: $112,000 - $192,000

3 Beds
2 Baths
930 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $53,000 $57 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $1,136/month

130 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 3-minute walk to MLK Park

About This Home

As of July 2012

Three bedroom, two bath split foyer home with partially finished basement. Deck on the back of house. Home is priced under assessed value and needs some TLC. Home is in NFC funding area.

Last Listed By

Rex Deckard

RE/MAX Real Estate Group Listed on: 03/19/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 6,650 Sq Ft Lot
  • Property is zoned R-2A

Parking

  • Driveway

Home Design

  • 930 Sq Ft Home
  • Split Foyer
  • Block Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 11006025000000

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Split Foyer
  • Lp Amt Sq Ft: 62.00
  • Sp Amt Sq Ft: 57.00
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 864
  • Sq Ft Fin Bsmt: 300
  • Other Rooms: See Remarks
  • Living Area Sq Ft: 930
  • Total Sq Ft: 930

Exterior Features

  • Exterior: Cement Board
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1530
  • Qualifier Acres: More or Less
  • Lot S F: 6650
  • Lot Shape: Regular
  • Assessor Parcel Number: 11006025000000
  • Zoning: R-2A

Tax Info

  • Gross Taxes: 2166.00
  • Net Taxes: 2025.00
  • Assessor Parcel Number: 1243E16THSTPOLKDESMOINE50316
  • Tax Year: 2011

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Jul 17, 2012
Sold by
Household Finance Industrial Loan Compan
Bought by
Hoang Dung and Le Phuong
Seller's Agent
Rex Deckard
RE/MAX Real Estate Group
Buyer's Agent
Susie Mahoney
Iowa Realty Mills Crossing
List Price
$82,900
Sold Price
$53,000
Premium/Discount to List
-$29,900
-36.07%
Total Days on Market
130
Current Estimated Value
$165,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,091
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Mar 1, 2012
Sold by
Philavanh Niramoun and Philavanh Phrakhoummano J
Bought by
Household Finance Industrial Loan Compan

Purchase Details

Closed on
Dec 9, 2002
Sold by
Vongnhay Kong and Vongnhay Souksay
Bought by
Philavanh Noramoun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
9.46%

Range of Values:

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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
Hoang Dung $52,500 None Available
Household Finance Industrial Loan Compan $57,030 None Available
Philavanh Noramoun $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Philavanh Noramoun $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2012 07/27/12 Sold $53,000 -36.1% $57 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $82,900 -- $89 / Sq Ft
Source: Des Moines Area Association 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 $2,586 $141,900 $13,700 $128,200
2023 $2,366 $141,900 $13,700 $128,200
2022 $2,346 $109,300 $10,800 $98,500
2021 $2,280 $109,300 $10,800 $98,500
2020 $2,364 $100,000 $9,800 $90,200
2019 $2,286 $100,000 $9,800 $90,200
2018 $2,258 $93,600 $9,000 $84,600
2017 $2,110 $93,600 $9,000 $84,600
2016 $2,050 $86,500 $8,200 $78,300
2015 $2,050 $86,500 $8,200 $78,300
2014 $1,862 $81,600 $7,500 $74,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rex Deckard

    RE/MAX Real Estate Group

  • Susie Mahoney

    Buyer's Agent in 2012

    Susie Mahoney

    Iowa Realty Mills Crossing

    (515) 360-6009

    33 Total Sales

    Susie Mahoney
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 397950

Des Moines Area Association of REALTORS®

APN: 110-06025000000

Iowa Polk County Des Moines 50316 Martin Luther King Jr Park

1243 E 16th St, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 1243 E 16th St, Des Moines, IA 50316 since 19 March 2012 and is currently estimated at $165,091, approximately $177 per square foot. This property was built in 1989. 1243 E 16th St is a home located in Polk County with nearby schools including Garton Elementary School, Hiatt Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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