1405 E 16th St Des Moines, IA 50316
Martin Luther King Jr Park NeighborhoodEstimated Value: $75,000 - $173,000
2
Beds
1
Bath
620
Sq Ft
$202/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Forced Air Heating System
- Carpet
- No HOA
About This Home
As of April 2019Investment property with a renter already in place as the renter is month to month or as owner occupied. 2 bedroom, one bath, vinyl siding with partial fenced in yard. This home can be purchased individually or as part of a portfolio with up to 12 other properties.
Home Details
Home Type
- Single Family
Year Built
- Built in 1954
Lot Details
- 6,650 Sq Ft Lot
- Lot Dimensions are 50x133
- Property is zoned R-2A
Parking
- Gravel Driveway
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 620 Sq Ft Home
- Crawl Space
- Stove
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 11002230000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 6, 2019
Sold by
Cowger Properties 11 Llc
Bought by
Cowger Properties 26 Llc
Total Days on Market
143
Current Estimated Value
Purchase Details
Listed on
Nov 20, 2018
Closed on
Apr 4, 2019
Sold by
Move Up Llc
Bought by
Cowger Properties 11 Llc
Seller's Agent
Eileen Van Kooten-Schmitt
Century 21 Signature
Buyer's Agent
Mark Bunge
RE/MAX Precision
List Price
$58,000
Sold Price
$49,000
Premium/Discount to List
-$9,000
-15.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%
Purchase Details
Closed on
Jan 10, 2012
Sold by
Des Moines Properties Llc
Bought by
Select Holdings One Lc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 8, 2008
Sold by
Federal National Mortgage Association
Bought by
Leto John A
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
6.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 21, 2007
Sold by
First Horizon Home Loans
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 6, 2007
Sold by
Falkoski Diane
Bought by
First Horizon Home Loan Corp
Purchase Details
Closed on
Aug 20, 2004
Sold by
Falkoski Diane
Bought by
Veasly Dvante
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,400
Interest Rate
9.75%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 20, 2004
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Falkoski Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 13, 2003
Sold by
Abn Amro Mortgage Group
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Oct 2, 2003
Sold by
Harmon Tim J and Harmon Tina L
Bought by
Abn Amro Mortgage Group Inc
Purchase Details
Closed on
Mar 17, 1998
Sold by
Harmon Timothy J
Bought by
Harmon Timothy J and Harmon Tina
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 |
|---|---|---|---|
| Cowger Properties 26 Llc | -- | None Available | |
| Cowger Properties 11 Llc | $49,000 | None Available | |
| Select Holdings One Lc | $1,285,000 | None Available | |
| Leto John A | -- | None Available | |
| Federal National Mortgage Association | $52,500 | None Available | |
| First Horizon Home Loan Corp | $52,634 | None Available | |
| Veasly Dvante | $53,900 | -- | |
| Falkoski Diane | -- | -- | |
| Federal Home Loan Mortgage Corporation | -- | -- | |
| Abn Amro Mortgage Group Inc | $32,000 | -- | |
| Harmon Timothy J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Select Holdings One Lc | $1,150,000 | |
| Previous Owner | Leto John A | $35,000 | |
| Previous Owner | Veasly Dvante | $52,400 | |
| Previous Owner | Falkoski Diane | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2019 04/12/19 | Sold | $49,000 | -15.5% | $79 / Sq Ft |
| 04/12/2019 04/12/19 | Pending | -- | -- | -- |
| 11/20/2018 11/20/18 | For Sale | $58,000 | -- | $94 / 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 | $1,402 | $71,300 | $13,700 | $57,600 |
| 2023 | $1,334 | $71,300 | $13,700 | $57,600 |
| 2022 | $1,324 | $56,600 | $10,800 | $45,800 |
| 2021 | $1,306 | $56,600 | $10,800 | $45,800 |
| 2020 | $1,340 | $51,700 | $9,800 | $41,900 |
| 2019 | $1,308 | $51,700 | $9,800 | $41,900 |
| 2018 | $1,296 | $48,700 | $9,000 | $39,700 |
| 2017 | $1,218 | $48,700 | $9,000 | $39,700 |
| 2016 | $1,186 | $45,000 | $8,200 | $36,800 |
| 2015 | $1,186 | $45,000 | $8,200 | $36,800 |
| 2014 | $1,146 | $43,100 | $7,600 | $35,500 |
Source: Public Records
Agents Affiliated with this Home
-
Eileen Van Kooten-Schmitt
Seller's Agent in 2019
Eileen Van Kooten-Schmitt
Century 21 Signature
(515) 490-8816
1 in this area
196 Total Sales
-
Seller Co-Listing Agent in 2019
Mike Crabb
Century 21 Signature
(515) 802-6822
-
Mark Bunge
Buyer's Agent in 2019
Mark Bunge
RE/MAX
(515) 577-8241
79 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 572968
APN: 110-02230000000
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