NOT LISTED FOR SALE

1507 7th St Des Moines, IA 50314

River Bend Neighborhood

Estimated Value: $122,243 - $155,000

3 Beds
2 Baths
1,840 Sq Ft
$75/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $69,500 $38 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $929/month

96 Days on Market

Highlights

  • 2 Kitchens
  • Baseboard Heating
  • 5-minute walk to Bates Park
  • Forced Air Heating System

About This Home

As of August 2014

Completely remodeled. New electric, windows, kitchens, bathrooms, carpet, paint, new roof. Nice backyard. Room for additional parking. Great location!

Last Agent to Sell the Property

Danny Ivankovich

Agency Iowa Listed on: 05/01/2014

Last Buyer's Agent

Marietta Grimes

Progressive Real Estate RN,LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 1896

Lot Details

  • 6,045 Sq Ft Lot

Home Design

  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • 2 Kitchens

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 2 Units
  • Gross Income $1,000

Listing and Financial Details

  • Assessor Parcel Number 08008058000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,102

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 12.00
  • Sp Amt Sq Ft: 11.00
  • Termite: Follow Showing Instructions
  • Year Built: 1896
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Stoves Total: 1
  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Partial, Unfinished
  • Kitchens: 2

Exterior Features

  • Exterior: See Remarks
  • Foundation: Brick

Garage/Parking

  • Off Street Parking: 6

Utilities

  • Air Conditioner: None
  • Heat: Electric Baseboard, Gas Forced Air

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1390
  • Lot S F: 6045
  • Assessor Parcel Number: 08008058000000
  • Zoning: R1

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 1102.00
  • Net Taxes: 1050.00
  • Assessor Parcel Number: 15077THSTPOLKDESMOINE50314
  • Tax Year: 2014

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Aug 5, 2014
Sold by
Festervand Aaron C
Bought by
Sandoval Jonathan
Seller's Agent
Danny Ivankovich
Agency Iowa
Buyer's Agent
Marietta Grimes
Progressive Real Estate RN,LLC
List Price
$74,900
Sold Price
$69,500
Premium/Discount to List
-$5,400
-7.21%
Current Estimated Value
$138,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,122
Avg. Annual Appreciation
6.79%
Original Mortgage
$68,240
Outstanding Balance
$52,400
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$89,792

Purchase Details

Closed on
Jul 25, 2001
Sold by
Gross Alex and Gross Connie
Bought by
Festervand Aaron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2000
Sold by
Kading Rick and Kading Mary
Bought by
Gross Alex and Gross Connie
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
Sandoval Jonathan $69,500 None Available
Festervand Aaron C $57,500 --
Gross Alex $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Jonathan $68,240
Previous Owner Festervand Aaron C $52,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2014 08/06/14 Sold $69,500 -7.2% $38 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $74,900 -- $41 / 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 $1,866 $105,300 $8,000 $97,300
2023 $1,644 $105,300 $8,000 $97,300
2022 $1,628 $78,600 $6,100 $72,500
2021 $1,542 $78,600 $6,100 $72,500
2020 $1,596 $70,400 $5,400 $65,000
2019 $1,620 $70,400 $5,400 $65,000
2018 $1,598 $68,800 $5,200 $63,600
2017 $1,466 $68,800 $5,200 $63,600
2016 $1,422 $62,700 $4,700 $58,000
2015 $1,422 $62,700 $4,700 $58,000
2014 $451 $43,400 $4,600 $38,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Danny Ivankovich

    Agency Iowa

    (515) 770-3266

    45 Total Sales

    Danny Ivankovich
    Section Image

  • M

    Buyer's Agent in 2014

    Marietta Grimes

    Progressive Real Estate RN,LLC

    (515) 771-7777

    Marietta Grimes
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 435148

Des Moines Area Association of REALTORS®

APN: 080-08058000000

Iowa Polk County Des Moines 50314 River Bend

1507 7th St, Des Moines, IA

This home is located at 1507 7th St, Des Moines, IA 50314 since 01 May 2014 and is currently estimated at $138,622, approximately $75 per square foot. This property was built in 1896. 1507 7th St is a home located in Polk County with nearby schools including Moulton Elementary School, Harding Middle School, and North 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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