NOT LISTED FOR SALE

1331 Elder Ln Des Moines, IA 50315

Watrous South Neighborhood

Estimated Value: $91,000 - $123,000

1 Bed
1 Bath
576 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $91,000 $158 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $731/month

6 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Shades
  • Ranch Style House
  • No HOA
  • Eat-In Kitchen

About This Home

As of August 2023

Great 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.

Last Agent to Sell the Property

Angie Dehmer

Iowa Realty Mills Crossing Listed on: 07/26/2023

Iowa Realty Mills Crossing

Last Buyer's Agent

Erin Rundall

Keller Williams Realty GDM

Keller Williams Realty GDM

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,706

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 156.25
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 157.99
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Laminate Floors, Shades/Shutters, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Partial
  • Sq Ft Bsmt: 202
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 576
  • Total Sq Ft: 576

Exterior Features

  • Exterior Features: Deck
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak, Paint

Garage/Parking

  • Driveway: Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1650
  • Lot S F: 7200
  • Lot Shape: Regular
  • Lot Size: 50X144
  • Assessor Parcel Number: 12001691000000
  • Zoning: RES

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1706.00
  • Net Taxes: 1706.00
  • Tax Year: 2021

MLS Schools

  • School District: Des Moines Independent

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%
Views
42
Current Estimated Value
$106,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,244
Avg. Annual Appreciation
5.18%
Original Mortgage
$88,270
Outstanding Balance
$86,793
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$13,219

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
$13,219

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%
Source: Public Records

Range of Values:

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Average Value
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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
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

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 $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

    Angie Dehmer
    Section Image
  • Erin Rundall

    Buyer's Agent in 2023

    Erin Rundall

    Keller Williams Realty GDM

    (515) 326-0369

    7 in this area

    587 Total Sales

    Erin Rundall
    Section Image
  • Michelle Wilson

    Buyer Co-Listing Agent in 2023

    Michelle Wilson

    Century 21 Signature

    (515) 776-9387

    1 in this area

    16 Total Sales

    Michelle Wilson
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 679051

Des Moines Area Association of REALTORS®

APN: 120-01691000000

Iowa Polk County Des Moines 50315 Watrous South

1331 Elder Ln, Des Moines, IA

This home is located at 1331 Elder Ln, Des Moines, IA 50315 since 26 July 2023 and is currently estimated at $106,244, approximately $184 per square foot. This property was built in 1918. 1331 Elder Ln is a home located in Polk County with nearby schools including Wright Elementary School, Brody Middle School, and Lincoln 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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