NOT LISTED FOR SALE

1506 E 16th St Des Moines, IA 50316

Martin Luther King Jr Park Neighborhood

Estimated Value: $137,000 - $199,000

3 Beds
2 Baths
1,290 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: June 25, 2025

Last sale price $155,000 $120 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,046 / mo

80 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Bungalow
  • Main Floor Primary Bedroom
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

These sellers did something special with this property when they purchased it almost 6 years ago. They turned a small, 3 bed, 1 bath house into a very livable 3 bed, 2 bath home with a master suite at the back of the house! The hardwood floors are still in place in the original footprint. There is a new metal roof in place, and the back yard is MOSTLY fenced. There is still a concreate pad where there used to be a garage if the new owner wanted to add it back.

Last Agent to Sell the Property

Rob Wheeler

Century 21 Signature Listed on: 01/06/2025

Century 21 Signature

Last Buyer's Agent

Joshua Moncivais

Rude Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1958

Lot Details

  • 6,550 Sq Ft Lot
  • Lot Dimensions are 50x131
  • Wood Fence
  • Property is zoned N3A

Parking

  • Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Poured Concrete
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,290 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7924-36-304-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,883

Year Built

Built in 1958

Lot Details

6,550 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 120.16
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 120.16
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Crawl Space, Slab
  • Living Area Sq Ft: 1290
  • Total Sq Ft: 1290

Exterior Features

  • Exterior: Metal Siding
  • Fence Type: Wood
  • Foundation: Poured
  • Roof: Metal
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1500
  • Lot S F: 6550
  • Lot Size: 50X131
  • Assessor Parcel Number: 7924-36-304-029
  • Zoning: N3A

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: 1883.00
  • Net Taxes: 1883.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Jun 20, 2025
Sold by
Bought by
Seller's Agent
Rob Wheeler
Century 21 Signature
Buyer's Agent
Joshua Moncivais
Rude Realty
List Price
$155,000
Sold Price
$155,000
Views
265
Current Estimated Value
$162,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,448
Avg. Annual Appreciation
4.09%
Original Mortgage
$131,750
Outstanding Balance
$130,362
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$32,086

Purchase Details

Listed on
Oct 2, 2018
Closed on
Dec 10, 2018
Sold by
Bought by
Seller's Agent
Zineta Imamovic
Realty ONE Group Impact
Buyer's Agent
sarah harrison
RE/MAX Concepts
List Price
$70,700
Sold Price
$54,000
Premium/Discount to List
-$16,700
-23.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.52%

Purchase Details

Closed on
Sep 6, 2018
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Martin Luther King Jr Park, IA

  • Darson Grantham Real Estate Agent - Keller Williams Realty GDM

    Darson Grantham

    Keller Williams Realty GDM

    (641) 247-4098

    237 Total Sales

    3 in Martin Luther King Jr Park

    $55K - $231K Price Range

    Darson Grantham
     Section Image
  • Tammy Claiborne Real Estate Agent - Iowa Realty Ankeny

    Tammy Claiborne

    Iowa Realty Ankeny

    (515) 619-6710

    101 Total Sales

    1 in Martin Luther King Jr Park

    $99,500 Price

    Tammy Claiborne
     Section Image
  • Jonathan Musser Real Estate Agent - RE/MAX Precision

    Jonathan Musser

    Responds Quickly

    RE/MAX Precision

    (515) 400-3229

    205 Total Sales

    2 in Martin Luther King Jr Park

    $163K - $268K Price Range

    Jonathan Musser
     Section Image
  • AJ Anderson Real Estate Agent - LPT Realty, LLC

    AJ Anderson

    Responds Quickly

    LPT Realty, LLC

    (515) 400-3069

    211 Total Sales

    1 in Martin Luther King Jr Park

    $100,000 Price

    AJ Anderson
     Section Image
  • Jeff Kinion Real Estate Agent - Realty ONE Group Impact

    Jeff Kinion

    Responds Quickly

    Realty ONE Group Impact

    (515) 400-4232

    164 Total Sales

    1 in Martin Luther King Jr Park

    $195,098 Price

    Jeff Kinion
     Section Image
  • Ryan Rivera Real Estate Agent - Zealty Home Advisors

    Ryan Rivera

    Responds Quickly

    Zealty Home Advisors

    (515) 414-7551

    150 Total Sales

    1 in Martin Luther King Jr Park

    $60,000 Price

    Ryan Rivera
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$155,000 None Listed On Document
$54,000 Servicelink
$69,600 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $131,750
Previous Owner $72,000
Previous Owner $72,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2025 06/25/25 Sold $155,000 0.0% $120 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $155,000 +187.0% $120 / Sq Ft
12/14/2018 12/14/18 Sold $54,000 -23.6% $43 / Sq Ft View Prior Sale
11/14/2018 11/14/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $70,700 -- $56 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,854 $151,000 $15,500 $135,500
2024 $1,854 $94,200 $13,500 $80,700
2023 $1,516 $132,500 $13,500 $119,000
2022 $1,504 $102,600 $10,600 $92,000
2021 $1,382 $102,600 $10,600 $92,000
2020 $1,436 $93,700 $9,700 $84,000
2019 $1,988 $55,400 $9,700 $45,700
2018 $1,962 $82,500 $8,900 $73,600
2017 $1,830 $82,500 $8,900 $73,600
2016 $1,778 $76,200 $8,100 $68,100
2015 $1,778 $76,200 $8,100 $68,100
2014 $1,698 $75,200 $7,700 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Rob Wheeler Real Estate Agent - Century 21 Signature

    Seller's Agent in 2025

    Rob Wheeler

    Century 21 Signature

    (515) 710-7721

    1 in this area

    78 Total Sales

    Rob Wheeler
    Section Image

  • JM

    Buyer's Agent in 2025

    Joshua Moncivais

    Rude Realty

    (515) 817-4061

    1 in this area

    121 Total Sales

    Joshua Moncivais
    Section Image
  • Zineta Imamovic Real Estate Agent - Realty ONE Group Impact

    Seller's Agent in 2018

    Zineta Imamovic

    Realty ONE Group Impact

    (515) 556-6854

    107 Total Sales

    Zineta Imamovic
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 709694

Des Moines Area Association of REALTORS®

APN: 110-02243000000

Iowa Polk County Des Moines 50316 Martin Luther King Jr Park

1506 E 16th St, Des Moines, IA

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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