NOT LISTED FOR SALE

Estimated Value: $97,687 - $138,000

2 Beds
1 Bath
841 Sq Ft
$137/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $61,500 $73 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $745/month

168 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Carpet
  • Bungalow

About This Home

As of February 2023

This 2 bedroom 1 bathroom Bungalow sits just north of East High School with convenient access to downtown and I-235. Property is currently occupied by long standing tenants. Come check out this investment opportunity.

Last Agent to Sell the Property

Tim Hegwood

PMI Realty Central Iowa Listed on: 08/01/2022

Last Buyer's Agent

Beatriz Sosa

RE/MAX Revolution

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1880

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is zoned NX1

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 841 Sq Ft Home
  • Carpet
  • Fire and Smoke Detector
  • Stove
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04004724000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,222

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 83.23
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 73.13
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Smoke Detector
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 395
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 841
  • Total Sq Ft: 841

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1720
  • Lot S F: 7500
  • Lot Size: 50X150
  • Assessor Parcel Number: 04004724000000
  • Zoning: NX1

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: 1222.00
  • Net Taxes: 1222.00
  • Tax Year: 2021

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Feb 28, 2023
Sold by
Scott Developments Llc
Bought by
Empire Contractors Inc
Seller's Agent
Tim Hegwood
PMI Realty Central Iowa
Buyer's Agent
Beatriz Sosa
RE/MAX Revolution
List Price
$80,000
Sold Price
$61,500
Premium/Discount to List
-$18,500
-23.12%
Views
114
Current Estimated Value
$115,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,922
Avg. Annual Appreciation
26.52%

Purchase Details

Closed on
May 18, 2016
Sold by
Scott Andrew K and Scott Summer L
Bought by
Scott Developments Llc

Purchase Details

Closed on
Jan 12, 2016
Sold by
Gallagher Michael D and Oldham Margo
Bought by
Scott Andrew K
Source: Public Records

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
Empire Contractors Inc $61,500 --
Scott Developments Llc -- Attorney
Scott Andrew K $23,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Developments Llc $190,000
Previous Owner Gallagher Michael $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $61,500 -12.1% $73 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
12/25/2022 12/25/22 Price Changed $70,000 -12.5% $83 / Sq Ft
08/01/2022 08/01/22 For Sale $80,000 -- $95 / 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 $1,412 $71,800 $15,700 $56,100
2023 $1,322 $71,800 $15,700 $56,100
2022 $1,312 $56,100 $12,500 $43,600
2021 $1,222 $56,100 $12,500 $43,600
2020 $1,270 $49,000 $11,000 $38,000
2019 $1,260 $49,000 $11,000 $38,000
2018 $1,248 $46,900 $10,300 $36,600
2017 $1,384 $46,900 $10,300 $36,600
2016 $1,350 $51,200 $9,700 $41,500
2015 $1,350 $51,200 $9,700 $41,500
2014 $1,414 $53,200 $10,000 $43,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 657506

Des Moines Area Association of REALTORS®

APN: 040-04724000000