NOT LISTED FOR SALE

Estimated Value: $224,000 - $232,000

3 Beds
1 Bath
1,038 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $180,000 $173 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,523/month

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

This home is located at 1507 E Park Ave, Des Moines, IA 50320 since 03 May 2022 and is currently estimated at $227,249, approximately $218 per square foot. This property was built in 2007. 1507 E Park Ave is a home located in Polk County with nearby schools including Jackson Elementary School, Weeks Middle School, and East High School.

Last Agent to Sell the Property

Seth Walker

RE/MAX Concepts Listed on: 05/03/2022

RE/MAX Concepts

Last Buyer's Agent

Seth Walker

RE/MAX Concepts Listed on: 05/03/2022

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 66.5x170
  • Property is zoned N3A

Parking

  • 1 Car Attached Garage

Home Design

  • 1,038 Sq Ft Home
  • Ranch Style House
  • Asphalt Shingled Roof

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01006844001003

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 173.41
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 173.41
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Living Area Sq Ft: 1038
  • Total Sq Ft: 1038

Exterior Features

  • Roof: Asphalt Shingle

Garage/Parking

  • Garage: 1 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2580
  • Lot S F: 11225
  • Lot Shape: Regular
  • Lot Size: 66.5X170
  • Assessor Parcel Number: 01006844001003
  • 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

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
May 24, 2022
Sold by
Maya Neupane and Maya Loka
Bought by
Subedi Tika and Poudel Rudra P
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Seth Walker
RE/MAX Concepts
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$227,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,249
Avg. Annual Appreciation
6.81%
Original Mortgage
$103,500
Outstanding Balance
$98,323
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$128,926

Purchase Details

Closed on
Aug 16, 2018
Sold by
Metro Land Management Llc
Bought by
Neupane Rewati and Neupane Loka Maya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,520
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 3, 2010
Sold by
Family Homes Development L C
Bought by
Metro Land Management L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,375
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Subedi Tika $180,000 None Listed On Document
Neupane Rewati $152,000 None Available
Metro Land Management L L C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subedi Tika $103,500
Previous Owner Neupane Rewati $121,520
Previous Owner Metro Land Management L L C $96,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $180,000 0.0% $173 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $180,000 -- $173 / 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
2025 $3,932 $222,500 $48,900 $173,600
2024 $3,932 $199,900 $43,400 $156,500
2023 $3,896 $199,900 $43,400 $156,500
2022 $3,866 $165,300 $36,900 $128,400
2021 $3,694 $165,300 $36,900 $128,400
2020 $3,836 $148,000 $33,000 $115,000
2019 $3,308 $148,000 $33,000 $115,000
2018 $3,274 $123,100 $27,000 $96,100
2017 $3,030 $123,100 $27,000 $96,100
2016 $2,952 $112,000 $24,300 $87,700
2015 $2,952 $112,000 $24,300 $87,700
2014 $766 $118,400 $25,900 $92,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 651100

Des Moines Area Association of REALTORS®

APN: 010-06844001003