NOT LISTED FOR SALE

1421 E Walnut St Des Moines, IA 50316

Capitol East Neighborhood

Estimated Value: $160,000 - $235,000

2 Beds
1.5 Baths
1,216 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $75,500 $62 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,144/month

56 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 3-minute walk to Stewart Square Park
  • Formal Dining Room

About This Home

As of January 2014

Great 2 story built in 1910, has original refurbished woodwork and floors. 2 BR, 1 1/2 BA with 1216 SF finished. Updated electric, HE Furnace and central air, newer windows, roof and siding. Front and back enclosed porches and fenced in yard. Close to Capitol and downtown with mature trees. 1 car detached garage. Tax abatement applied for. Rented for $850/mo. Current rental certificate until 5-30-2016.

Last Agent to Sell the Property

Rick Herron

Realty ONE Group Impact Listed on: 11/01/2013

Realty ONE Group Impact

Last Buyer's Agent

Joe Stalzer

Space Simply

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1910

Lot Details

  • 6,659 Sq Ft Lot
  • Property is zoned R3

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Dishwasher
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04002464000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,474

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 66.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 62.00
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 728
  • Dining Room: Formal Dining Rm
  • Included Items: Dishwasher
  • Living Area Sq Ft: 1216
  • Total Sq Ft: 1216

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Pine

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1530
  • Lot S F: 6659
  • Assessor Parcel Number: 04002464000000
  • Zoning: R3

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: 1474.00
  • Net Taxes: 1474.00
  • Assessor Parcel Number: 1421EWALNUTSTPOLKDESMOINE50316
  • Tax Year: 2012

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Jan 13, 2014
Sold by
F C Storms And Co
Bought by
Smith Michael J and Cecil Brittany
Seller's Agent
Rick Herron
Realty ONE Group Impact
Buyer's Agent
Joe Stalzer
Space Simply
List Price
$79,900
Sold Price
$75,500
Premium/Discount to List
-$4,400
-5.51%
Total Days on Market
56
Current Estimated Value
$181,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,824
Avg. Annual Appreciation
8.00%
Original Mortgage
$74,124
Outstanding Balance
$57,139
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$124,503

Purchase Details

Listed on
Jan 25, 2013
Closed on
Feb 26, 2013
Sold by
Great Southern Bank
Bought by
F C Storms And Co
Seller's Agent
Patrick Vasquez
Buyer's Agent
Rick Herron
Realty ONE Group Impact
List Price
$32,500
Sold Price
$30,000
Premium/Discount to List
-$2,500
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
185.42%

Purchase Details

Listed on
Jan 25, 2013
Closed on
Jan 8, 2013
Sold by
Equity Options Llc and Gordon Brian
Bought by
Great Southern Bank
Seller's Agent
Patrick Vasquez
Buyer's Agent
Rick Herron
Realty ONE Group Impact
List Price
$32,500
Sold Price
$30,000
Premium/Discount to List
-$2,500
-7.69%

Purchase Details

Closed on
Apr 30, 2010
Sold by
Equity Options Llc
Bought by
Kerr Chris

Purchase Details

Closed on
Oct 3, 2006
Sold by
Jp Morgan Chase Bank
Bought by
Equity Options Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2006
Sold by
Aasmundstad Michael
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Dec 10, 2003
Sold by
4615 Sw 2Nd Llc
Bought by
Aasmundstad Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,475
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Sold by
4615 Sw 2Nd Llc
Bought by
Aasmundstad Michael Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,500
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 26, 2003
Sold by
Great Southern Bank
Bought by
F C Storms And Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,500
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 20, 2002
Sold by
Goode Hazel and Goode Joann
Bought by
4615 Sw 2Nd Pa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
7.74%

Purchase Details

Closed on
May 1, 2002
Sold by
Butler Julia Mae and Butler Julia D
Bought by
Goode Hazel and Goode Joann
Source: Public Records

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Range of Values:

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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
Smith Michael J $75,500 None Available
F C Storms And Co $30,000 None Available
Great Southern Bank $42,500 None Available
Kerr Chris $79,000 None Available
Equity Options Llc $37,000 None Available
Jp Morgan Chase Bank $56,000 None Available
Aasmundstad Michael $53,000 --
Aasmundstad Michael Jon $53,500 --
F C Storms And Co $30,000 None Available
4615 Sw 2Nd Pa Llc $41,500 --
Goode Hazel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael $14,707
Open Smith Michael J $74,124
Previous Owner Equity Options Llc $58,602
Previous Owner Equity Options Llc $65,600
Previous Owner Equity Options Llc $60,800
Previous Owner Aasmundstad Michael $45,475
Previous Owner Aasmundstad Michael Jon $50,500
Previous Owner 4615 Sw 2Nd Pa Llc $31,500
Closed Kerr Chris $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $75,500 -5.5% $62 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $79,900 +166.3% $66 / Sq Ft
02/28/2013 02/28/13 Sold $30,000 -7.7% $25 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $32,500 -- $27 / 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 $2,184 $142,000 $11,100 $130,900
2023 $1,900 $142,000 $11,100 $130,900
2022 $1,884 $110,000 $9,000 $101,000
2021 $1,672 $110,000 $9,000 $101,000
2020 $1,732 $96,100 $7,900 $88,200
2019 $1,392 $96,100 $7,900 $88,200
2018 $1,372 $80,800 $6,600 $74,200
2017 $1,238 $80,800 $6,600 $74,200
2016 $1,202 $74,800 $6,000 $68,800
2015 $1,202 $74,800 $6,000 $68,800
2014 $1,118 $71,300 $5,900 $65,400
Source: Public Records

Agents Affiliated with this Home

  • Rick Herron

    Seller's Agent in 2014

    Rick Herron

    Realty ONE Group Impact

    1 in this area

    42 Total Sales

    Rick Herron
    Section Image
  • Joe Stalzer

    Buyer's Agent in 2014

    Joe Stalzer

    Space Simply

    (515) 202-2462

    Section Image

  • P

    Seller's Agent in 2013

    Patrick Vasquez

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 427122

Des Moines Area Association of REALTORS®

APN: 040-02464000000

Iowa Polk County Des Moines 50316 Capitol East

1421 E Walnut St, Des Moines, IA

This home is located at 1421 E Walnut St, Des Moines, IA 50316 since 01 November 2013 and is currently estimated at $181,324, approximately $149 per square foot. This property was built in 1910. 1421 E Walnut St is a home located in Polk County with nearby schools including Capitol View 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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