NOT LISTED FOR SALE

1501 18th St West Des Moines, IA 50265

Estimated Value: $230,000 - $288,000

3 Beds
1 Bath
1,032 Sq Ft
$244/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $211,000 $204 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,629/month

Highlights

  • Ranch Style House
  • Wood Flooring
  • Patio
  • Valley High School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

Home is being sold as-is. Great investor opportunity! This 3 bed, 1 bath ranch is centrally located in the heart of West Des Moines. Featuring large floor to ceiling windows in the living area and dining space, large yard & patio, and mature trees. Finished lower lever offers an additional 520 sf for a total of 1,552 finished sf. All information obtained from seller and public records.

Last Agent to Sell the Property

Michael Slavin

RE/MAX Precision Listed on: 02/21/2024

Co-Listed By

Jay Elsberry

RE/MAX Precision

Last Buyer's Agent

Sara Hopkins

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 1958

Lot Details

  • 0.32 Acre Lot
  • Property is Fully Fenced
  • Chain Link Fence
  • Property is zoned RS

Home Design

  • 1,032 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32002568000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,990

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 164.63
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 204.46
  • Termite: Call Listing Agent
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Hardwood Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 1032
  • Sq Ft Fin Bsmt: 520
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1032
  • Total Sq Ft: 1032

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Fully Fenced Yard, Open Patio
  • Fence Type: Chain Link
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 288
  • Garage: 1 Attached
  • Garage Parking Stalls: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: West Des Moines

Lot Info

  • Acres: 0.3200
  • Lot S F: 13940
  • Lot Shape: Regular
  • Assessor Parcel Number: 32002568000000
  • Zoning: RS

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: 2990.00
  • Net Taxes: 2990.00

MLS Schools

  • School District: West Des Moines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Mar 11, 2024
Sold by
Marlene M Papian Revocable Trust
Bought by
Market Street Growth Llc
Seller's Agent
Michael Slavin
RE/MAX Precision
Buyer's Agent
Sara Hopkins
RE/MAX Precision
List Price
$169,900
Sold Price
$211,000
Premium/Discount to List
$41,100
24.19%
Views
6
Current Estimated Value
$251,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,425
Avg. Annual Appreciation
13.28%

Purchase Details

Closed on
Dec 18, 2023
Sold by
Papian Marlene M
Bought by
Marlene M Papian Revocable Trust and Papian

Purchase Details

Closed on
May 1, 2004
Sold by
Flynn Thomas L and Sullivan Timothy B
Bought by
Papian Marlene M

Purchase Details

Closed on
Sep 10, 1999
Sold by
Papian Leonard J and Papian Mariene M
Bought by
Papian Mariene M
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
Market Street Growth Llc $452,500 None Listed On Document
Market Street Growth Llc $211,000 None Listed On Document
Marlene M Papian Revocable Trust -- None Listed On Document
Papian Marlene M -- --
Papian Mariene M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Market Street Growth Llc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $211,000 +24.2% $204 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $169,900 -- $165 / 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 $2,882 $199,300 $62,500 $136,800
2023 $2,990 $199,300 $62,500 $136,800
2022 $2,952 $163,700 $52,500 $111,200
2021 $2,786 $163,700 $52,500 $111,200
2020 $2,740 $147,500 $47,100 $100,400
2019 $2,594 $147,500 $47,100 $100,400
2018 $2,596 $135,100 $42,400 $92,700
2017 $2,500 $135,100 $42,400 $92,700
2016 $2,442 $126,800 $39,300 $87,500
2015 $2,442 $126,800 $39,300 $87,500
2014 $2,454 $126,000 $38,400 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 689675

Des Moines Area Association of REALTORS®

APN: 320-02568000000