NOT LISTED FOR SALE

1340 E 16th St Des Moines, IA 50316

Martin Luther King Jr Park Neighborhood

Estimated Value: $233,000 - $295,684

3 Beds
2 Baths
1,120 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $240,000 $214 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,552/month

177 Days on Market

Highlights

  • Deck
  • No HOA
  • Formal Dining Room
  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Gorgeous 3 bed 2 full bath ranch style home with priviledged location close to I-235 the east and south Des Moines. Enjoy a front porch and covered deck in the back with easy access to extra large 24x24 garage. Concrete driveway leads to a 9' high garage entry just perfect for large truck lovers or keeping your work van. Basement has it all set up for your own finish with egress windows and piping connections to add two additional bedrooms and baths. Perfect opportunity to live in the metro, just minutes away from the East Village and Downtown Des Moines. Ten year tax abatement.

Last Agent to Sell the Property

Fernando Aveiga

EXP Realty, LLC Listed on: 10/19/2020

EXP Realty, LLC

Last Buyer's Agent

Fernando Aveiga

EXP Realty, LLC Listed on: 10/19/2020

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $205

Year Built

  • Built in 2021

Lot Details

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

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Cement Board or Planked

Interior Spaces

  • 1,120 Sq Ft Home
  • Family Room
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by The First American Dream Builders

Listing and Financial Details

  • Assessor Parcel Number 06198-000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$205

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: The First American Dream Builders
  • Lp Amt Sq Ft: 205.36
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 214.29
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1120
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1120
  • Total Sq Ft: 1120

Exterior Features

  • Exterior: Cement Board, Vinyl Siding
  • Exterior Features: Covered Patio, Deck
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 576
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1530
  • Lot S F: 6650
  • Lot Shape: Regular
  • Assessor Parcel Number: 06198-000-000
  • Zoning: R-2A

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: 204.81
  • Net Taxes: 204.81

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
May 25, 2021
Sold by
Salas Pedro Martinez and Duran Ruby Ramos
Bought by
Quintero Saul Silva
Seller's Agent
Fernando Aveiga
EXP Realty, LLC
Buyer's Agent
Fernando Aveiga
EXP Realty, LLC
List Price
$230,000
Sold Price
$240,000
Premium/Discount to List
$10,000
4.35%
Current Estimated Value
$270,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,171
Avg. Annual Appreciation
1.84%
Original Mortgage
$228,000
Outstanding Balance
$208,660
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$50,662

Purchase Details

Closed on
Apr 7, 2020
Sold by
Leff Enterprises Llc
Bought by
Salas Pedro Martinez and Madrigal Mario Cervantes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.5%
Mortgage Type
Land Contract Argmt. Of Sale
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
Quintero Saul Silva $240,000 None Available
Quintero Saul Silva $240,000 None Listed On Document
Salas Pedro Martinez $40,000 None Available
Salas Pedro Martinez $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintero Saul Silva $228,000
Closed Quintero Saul Silva $228,000
Previous Owner Salas Pedro Martinez $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $240,000 +4.3% $214 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/11/2021 04/11/21 Price Changed $230,000 0.0% $205 / Sq Ft
04/11/2021 04/11/21 For Sale $230,000 +9.5% $205 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $210,000 -- $188 / 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 $978 $189,870 $13,700 $176,170
2023 $3,506 $270,500 $13,700 $256,800
2022 $252 $203,600 $10,800 $192,800
2021 $198 $65,600 $10,800 $54,800
2020 $204 $7,900 $7,900 $0
2019 $194 $7,900 $7,900 $0
2018 $192 $7,200 $7,200 $0
2017 $176 $7,200 $7,200 $0
2016 $172 $6,500 $6,500 $0
2015 $172 $6,500 $6,500 $0
2014 $158 $6,200 $6,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Fernando Aveiga

    Seller's Agent in 2021

    Fernando Aveiga

    EXP Realty, LLC

    (515) 782-5174

    1 in this area

    129 Total Sales

    Fernando Aveiga
    Section Image
  • Alejandro Castaneda

    Buyer Co-Listing Agent in 2021

    Alejandro Castaneda

    Uplift Realty

    (515) 779-6564

    4 in this area

    68 Total Sales

    Alejandro Castaneda
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 616336

Des Moines Area Association of REALTORS®

APN: 110-06198000000

Iowa Polk County Des Moines 50316 Martin Luther King Jr Park

1340 E 16th St, Des Moines, IA

This home is located at 1340 E 16th St, Des Moines, IA 50316 since 19 October 2020 and is currently estimated at $270,171, approximately $241 per square foot. This property was built in 2021. 1340 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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