NOT LISTED FOR SALE

1506 Pennsylvania Ave Des Moines, IA 50316

Capitol Park Neighborhood

Estimated Value: $135,000 - $194,000

3 Beds
2 Baths
864 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 29, 2013

Last sale price $74,900 $87 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,030/month

74 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 1-minute walk to Union Park
  • Eat-In Kitchen
  • Carpet

About This Home

As of July 2013

Move in ready! Remodeled home on large lot with 3 car garage. Excellent location close to downtown and hospital. Buyer should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with Wells Fargo. Buyers also have the option to provide proof of other decisioned financing or a NACA (Neighborhood Assistance Corporation of America) Qualification Letter.

Last Agent to Sell the Property

Russell Graber

LPT Realty, LLC Listed on: 05/09/2013

LPT Realty, LLC

Last Buyer's Agent

Russell Graber

LPT Realty, LLC Listed on: 05/09/2013

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 0.3 Acre Lot
  • Property is zoned R1-60

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 864 Sq Ft Home
  • Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 3 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 11006227000000

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 87.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 87.00
  • Termite: Call Listing Agent
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath Lower: 1
  • Basement Description: Finished, Partial
  • Sq Ft Bsmt: 864
  • Dining Room: Eat In Kitchen
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 864
  • Total Sq Ft: 864

Exterior Features

  • Foundation: Concrete Block, Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Detached

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.3030
  • Lot S F: 13212
  • Assessor Parcel Number: 11006227000000
  • Zoning: R1-60

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: 2429.00
  • Net Taxes: 2254.00
  • Assessor Parcel Number: 1506PENNSYLVAVEPOLKDESMOINE50316

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2013
Closed on
Jul 25, 2013
Sold by
Us Bank N A
Bought by
Drahn Mark D
Seller's Agent
Russell Graber
LPT Realty, LLC
Buyer's Agent
Russell Graber
LPT Realty, LLC
List Price
$79,900
Sold Price
$74,900
Premium/Discount to List
-$5,000
-6.26%
Current Estimated Value
$161,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,481
Avg. Annual Appreciation
6.70%
Original Mortgage
$74,900
Outstanding Balance
$56,413
Interest Rate
4.02%
Mortgage Type
VA
Estimated Equity
$107,689

Purchase Details

Closed on
Feb 12, 2013
Sold by
Phaydavong Kou and Phaydavong Phamphanh
Bought by
Us Bank Na
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
Drahn Mark D $75,000 None Available
Us Bank Na $63,421 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drahn Mark D $74,900
Previous Owner Phaydavong Kou $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2013 07/29/13 Sold $74,900 -6.3% $87 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $79,900 -- $92 / 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 $1,836 $121,700 $32,700 $89,000
2023 $2,214 $121,700 $32,700 $89,000
2022 $2,154 $106,200 $29,800 $76,400
2021 $2,000 $106,200 $29,800 $76,400
2020 $1,986 $93,500 $26,300 $67,200
2019 $1,878 $93,500 $26,300 $67,200
2018 $1,854 $82,400 $22,600 $59,800
2017 $1,826 $82,400 $22,600 $59,800
2016 $1,790 $80,000 $21,300 $58,700
2015 $1,770 $80,000 $21,300 $58,700
2014 $2,614 $77,000 $18,900 $58,100
Source: Public Records

Agents Affiliated with this Home

  • Russell Graber

    Seller's Agent in 2013

    Russell Graber

    LPT Realty, LLC

    (515) 707-6008

    7 Total Sales

    Russell Graber
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 417542

Des Moines Area Association of REALTORS®

APN: 110-06227000000

Iowa Polk County Des Moines 50316 Capitol Park

1506 Pennsylvania Ave, Des Moines, IA

This home is located at 1506 Pennsylvania Ave, Des Moines, IA 50316 since 09 May 2013 and is currently estimated at $161,381, approximately $186 per square foot. This property was built in 1981. 1506 Pennsylvania Ave is a home located in Polk County with nearby schools including Carver 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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