NOT LISTED FOR SALE

Estimated Value: $370,000 - $456,000

4 Beds
3 Baths
2,098 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $264,000 $126 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,668/month

51 Days on Market

Highlights

  • 0.51 Acre Lot
  • Wood Flooring
  • Sun or Florida Room
  • Arts and Crafts Architecture
  • 2 Fireplaces
  • No HOA

About This Home

As of August 2018

This home is located at 1540 48th St, Des Moines, IA 50311 since 20 June 2018 and is currently estimated at $403,533, approximately $192 per square foot. This property was built in 1910. 1540 48th St is a home located in Polk County with nearby schools including Perkins Elementary School, Merrill Middle School, and Roosevelt High School.

Last Agent to Sell the Property

Ryan Mathews

RE/MAX Revolution Listed on: 06/20/2018

RE/MAX Revolution

Last Buyer's Agent

Robin Von Gillern

RE/MAX Concepts

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 1910

Lot Details

  • 0.51 Acre Lot
  • Property is zoned R160

Home Design

  • Arts and Crafts Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 2,098 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Family Room Downstairs
  • Sun or Florida Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10005082002000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,672

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Architecture: Arts & Craft (Craftsman)
  • Lp Amt Sq Ft: 138.23
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 125.83
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplaces: 2
  • Interior Amenities: 1st Flr Laundry, Cable TV, Hardwood Floors, Smoke Detector
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 2
  • Partial Bath 2nd Floor: 1
  • Partial Bath Lower: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 1292
  • Sq Ft Fin Bsmt: 400
  • Family Room: 1st Floor, Lower Level
  • Other Rooms: 3 Season
  • Included Items: Cooktop, Dishwasher, Dryer, Refrigerator, Wall Oven, Washer
  • Living Area Sq Ft: 2098
  • Total Sq Ft: 2098

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.5130
  • Lot S F: 22328
  • Lot Shape: Regular
  • Assessor Parcel Number: 10005082002000
  • Zoning: R160

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: 5672.00
  • Net Taxes: 5442.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 8, 2018
Sold by
Sittig Barbara J and Mallory William M
Bought by
Classen Matthew and Whittaker Kelcy
Seller's Agent
Ryan Mathews
RE/MAX Revolution
Buyer's Agent
Robin Von Gillern
RE/MAX Concepts
List Price
$310,000
Sold Price
$264,000
Premium/Discount to List
-$46,000
-14.84%
Current Estimated Value
$403,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,533
Avg. Annual Appreciation
5.80%
Original Mortgage
$211,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2016
Sold by
Sittig Barbara J and Sittig Kent Allan
Bought by
Sittig Barbara J
Source: Public Records

Range of Values:

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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
Classen Matthew $264,125 None Available
Sittig Barbara J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Claassen Matthew $0
Open Claassen Matthew $188,500
Closed Classen Matthew $211,200
Previous Owner Sittig Kent A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $264,000 -14.8% $126 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $310,000 -- $148 / 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 $6,444 $338,000 $67,400 $270,600
2023 $6,442 $353,900 $67,400 $286,500
2022 $6,390 $298,100 $59,600 $238,500
2021 $6,146 $298,100 $59,600 $238,500
2020 $6,380 $270,800 $54,400 $216,400
2019 $6,036 $254,900 $54,400 $200,500
2018 $5,970 $233,100 $47,700 $185,400
2017 $5,442 $233,100 $47,700 $185,400
2016 $5,296 $209,700 $42,700 $167,000
2015 $5,296 $209,700 $42,700 $167,000
2014 $4,490 $184,300 $37,300 $147,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 563802

Des Moines Area Association of REALTORS®

APN: 100-05082002000