1331 Elder Ln Des Moines, IA 50315
Watrous South NeighborhoodEstimated Value: $85,000 - $110,000
1
Bed
1
Bath
576
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Deck
- Main Floor Primary Bedroom
- Shades
- Ranch Style House
- No HOA
- Eat-In Kitchen
About This Home
As of August 2023Great Investment property or great opportunity to begin home ownership! New roof in 2022. Oak cabinets with island for seating and storage. Large laundry room with washer/dryer included and lots of cabinets. Front porch area has a room off of it setup for a twin bed. Great corner lot! Deck and shed in backyard. Furnace and A/C replaced in 2011.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,706
Year Built
- Built in 1918
Lot Details
- 7,200 Sq Ft Lot
- Lot Dimensions are 50x144
Parking
- Gravel Driveway
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
Interior Spaces
- 576 Sq Ft Home
- Shades
- Family Room
- Partial Basement
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 12001691000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2023
Closed on
Aug 30, 2023
Sold by
Maureen Gearino Trust
Bought by
Maureen Mearino Revocable Trust
Seller's Agent
Angie Dehmer
Iowa Realty Mills Crossing
Buyer's Agent
Erin Rundall
Keller Williams Realty GDM
List Price
$90,000
Sold Price
$91,000
Premium/Discount to List
$1,000
1.11%
Total Days on Market
6
Views
42
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
$9,012
Avg. Annual Appreciation
10.19%
Original Mortgage
$88,270
Outstanding Balance
$86,793
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$20,732
Purchase Details
Listed on
Jul 26, 2023
Closed on
Aug 29, 2023
Sold by
Riley Robert R and Riley Jacqueline
Bought by
Robert Riley And Jackie Riley Revocable Trust
Seller's Agent
Angie Dehmer
Iowa Realty Mills Crossing
Buyer's Agent
Erin Rundall
Keller Williams Realty GDM
List Price
$90,000
Sold Price
$91,000
Premium/Discount to List
$1,000
1.11%
Views
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,270
Outstanding Balance
$86,793
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$20,732
Purchase Details
Closed on
Feb 3, 2022
Sold by
Gearino Maureen C
Bought by
Maureen Gearino Trust
Purchase Details
Closed on
Oct 7, 2011
Sold by
Lybarger Ladell A
Bought by
Gearino Walter Edward
Purchase Details
Closed on
Aug 9, 2010
Sold by
Poore Claire E and Poore Frances K
Bought by
Ladell A Lybarger Revocable Trust and Lybarger Ladell A
Purchase Details
Closed on
Dec 20, 2008
Sold by
Brown Harley and Brown Debra A
Bought by
Poore Claire E
Purchase Details
Closed on
Jun 5, 2007
Sold by
Randleman Travis
Bought by
Brown Harley and Brown Debra A
Purchase Details
Closed on
Sep 1, 1998
Sold by
Randleman Travis and Randleman Patricia L
Bought by
Brown Harley and Brown Debra A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,332
Interest Rate
9%
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
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 |
|---|---|---|---|
| Maureen Mearino Revocable Trust | $91,000 | None Listed On Document | |
| Robert Riley And Jackie Riley Revocable Trust | -- | None Listed On Document | |
| Maureen Gearino Trust | -- | None Listed On Document | |
| Gearino Walter Edward | $49,000 | None Available | |
| Ladell A Lybarger Revocable Trust | $54,500 | None Available | |
| Poore Claire E | $26,000 | Itc | |
| Brown Harley | $24,500 | None Available | |
| Brown Harley | $15,332 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maureen Mearino Revocable Trust | $88,270 | |
| Previous Owner | Brown Harley | $15,332 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $91,000 | +1.1% | $158 / Sq Ft |
| 08/01/2023 08/01/23 | Pending | -- | -- | -- |
| 07/26/2023 07/26/23 | For Sale | $90,000 | -- | $156 / 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 | $1,724 | $87,600 | $28,500 | $59,100 |
| 2023 | $1,718 | $87,600 | $28,500 | $59,100 |
| 2022 | $1,706 | $72,900 | $24,000 | $48,900 |
| 2021 | $1,690 | $72,900 | $24,000 | $48,900 |
| 2020 | $1,756 | $67,700 | $22,400 | $45,300 |
| 2019 | $1,678 | $67,700 | $22,400 | $45,300 |
| 2018 | $1,660 | $62,400 | $20,500 | $41,900 |
| 2017 | $1,484 | $62,400 | $20,500 | $41,900 |
| 2016 | $1,446 | $54,900 | $18,000 | $36,900 |
| 2015 | $1,446 | $54,900 | $18,000 | $36,900 |
| 2014 | $1,422 | $53,500 | $17,400 | $36,100 |
Source: Public Records
Agents Affiliated with this Home
-
Angie Dehmer
Seller's Agent in 2023
Angie Dehmer
Iowa Realty Mills Crossing
(515) 554-6170
1 in this area
107 Total Sales
-
Erin Rundall
Buyer's Agent in 2023
Erin Rundall
Keller Williams Realty GDM
(515) 326-0369
8 in this area
577 Total Sales
-
Michelle Wilson
Buyer Co-Listing Agent in 2023
Michelle Wilson
BH&G Real Estate Innovations
(515) 776-9387
1 in this area
16 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 679051
APN: 120-01691000000
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