NOT LISTED FOR SALE

1600 E University Ave Des Moines, IA 50316

Martin Luther King Jr Park Neighborhood

Estimated Value: $107,000 - $153,000

2 Beds
1 Bath
904 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 15, 2012

Last sale price $30,000 $33 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $831/month

16 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 4-minute walk to MLK Park

About This Home

As of March 2012

24 Hour sale Investment Property

Last Agent to Sell the Property

Marlene Thatcher

Keller Williams Realty GDM Listed on: 02/28/2012

Keller Williams Realty GDM

Last Buyer's Agent

Dennis Thatcher

RE/MAX Precision

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 6,650 Sq Ft Lot
  • Property is zoned C1

Home Design

  • Ranch Style House
  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 904 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 11006034000000

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 36.00
  • Sp Amt Sq Ft: 33.00
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Partial, Unfinished
  • Sq Ft Bsmt: 253
  • Living Area Sq Ft: 904
  • Total Sq Ft: 904

Exterior Features

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

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1530
  • Lot S F: 6650
  • Assessor Parcel Number: 11006034000000
  • Zoning: C1

Tax Info

  • Gross Taxes: 1131.00
  • Net Taxes: 130.00
  • Assessor Parcel Number: 1600EUNIVERSIAVEPOLKDESMOINE50316

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Lehs Kent E and Lehs Beverly K
Bought by
Btb Investments 2 Llc
Current Estimated Value
$131,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$67,781
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$57,350

Purchase Details

Closed on
Jun 1, 2021
Sold by
Are Investments Llc
Bought by
Lehs Kent and Lehs Beverley

Purchase Details

Closed on
Jul 11, 2019
Sold by
Pnb Holdings Llc
Bought by
Boley Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,708
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 28, 2012
Closed on
Mar 12, 2012
Sold by
First Contract Corp
Bought by
Budde Gerald J and Budde Lisa M
Seller's Agent
Marlene Thatcher
Keller Williams Realty GDM
Buyer's Agent
Dennis Thatcher
RE/MAX Precision
List Price
$32,900
Sold Price
$30,000
Premium/Discount to List
-$2,900
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Closed on
Dec 21, 2011
Sold by
Johnson Harriet K
Bought by
First Contract Corp
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
Btb Investments 2 Llc $102,000 --
Lehs Kent $64,500 None Available
Boley Jordan $50,000 None Available
Budde Gerald J $29,500 None Available
First Contract Corp $12,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Btb Investments 2 Llc $72,000
Previous Owner Boley Jordan $54,400
Previous Owner Boley Jordan $48,708
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Pending -- -- --
03/15/2012 03/15/12 Sold $30,000 -8.8% $33 / Sq Ft
02/28/2012 02/28/12 For Sale $32,900 -- $36 / 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 $1,350 $83,200 $11,800 $71,400
2023 $1,146 $68,600 $11,800 $56,800
2022 $1,136 $48,600 $9,300 $39,300
2021 $1,096 $48,600 $9,300 $39,300
2020 $1,138 $43,900 $8,500 $35,400
2019 $1,096 $43,900 $8,500 $35,400
2018 $1,086 $40,800 $7,700 $33,100
2017 $1,008 $40,800 $7,700 $33,100
2016 $982 $37,300 $7,000 $30,300
2015 $982 $37,300 $7,000 $30,300
2014 $884 $34,500 $6,400 $28,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marlene Thatcher

    Keller Williams Realty GDM

    (515) 770-9331

    56 Total Sales

    Section Image

  • D

    Buyer's Agent in 2012

    Dennis Thatcher

    RE/MAX Precision

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 396919

Des Moines Area Association of REALTORS®

APN: 110-06034000000

Iowa Polk County Des Moines 50316 Martin Luther King Jr Park

1600 E University Ave, Des Moines, IA

This home is located at 1600 E University Ave, Des Moines, IA 50316 since 28 February 2012 and is currently estimated at $131,022, approximately $144 per square foot. This property was built in 1895. 1600 E University Ave is a home located in Polk County with nearby schools including Garton 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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