NOT LISTED FOR SALE

1600 E Walnut St Des Moines, IA 50316

Capitol East Neighborhood

Estimated Value: $165,000 - $203,000

-- Bed
2 Baths
2,040 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $87,000 $43 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,229/month

13 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 4-minute walk to Redhead Park
  • Central Air

About This Home

As of March 2017

This home is located at 1600 E Walnut St, Des Moines, IA 50316 since 18 March 2017 and is currently estimated at $175,688, approximately $86 per square foot. This property was built in 1920. 1600 E Walnut St is a home located in Polk County with nearby schools including Capitol View Elementary School, Hiatt Middle School, and East High School.

Last Agent to Sell the Property

Fernando Aveiga

EXP Realty, LLC Listed on: 03/18/2017

EXP Realty, LLC

Last Buyer's Agent

Fernando Aveiga

EXP Realty, LLC Listed on: 03/18/2017

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 1920

Lot Details

  • 4,650 Sq Ft Lot
  • Lot Dimensions are 62x75

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04005540000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,094

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 44.85
  • Sp Amt Sq Ft: 42.65
  • Termite: Call Listing Agent
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1020
  • Living Area Sq Ft: 2040
  • Total Sq Ft: 2040

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1070
  • Lot S F: 4650
  • Lot Size: 62X75
  • Assessor Parcel Number: 04005540000000
  • Zoning: R1-60

Tax Info

  • Gross Taxes: 2094.00
  • Net Taxes: 2094.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2017
Closed on
Mar 31, 2017
Sold by
Estate Of Carl D Baker
Bought by
The Bright Tumy Llc
Seller's Agent
Fernando Aveiga
EXP Realty, LLC
Buyer's Agent
Fernando Aveiga
EXP Realty, LLC
List Price
$91,500
Sold Price
$87,000
Premium/Discount to List
-$4,500
-4.92%
Total Days on Market
13
Current Estimated Value
$175,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,688
Avg. Annual Appreciation
8.95%
Original Mortgage
$216,000
Outstanding Balance
$182,368
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
-$6,680

Purchase Details

Closed on
Sep 5, 2001
Sold by
Najera Armando and Alverez Luc E
Bought by
Baker Carl D and Baker Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
6.92%

Purchase Details

Closed on
Jan 8, 2001
Sold by
Najero Armando
Bought by
Najera Armando and Alverez Luc E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
10.87%

Purchase Details

Closed on
Dec 27, 2000
Sold by
Corell Inc
Bought by
Najera Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
10.87%

Purchase Details

Closed on
Mar 1, 1998
Sold by
Brackett Bart Shannon and Brackett Stephanie Lisabeth
Bought by
Corell Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,625
Interest Rate
7.23%

Purchase Details

Closed on
Feb 4, 1998
Sold by
Brackett Bill T and Kramer Audie
Bought by
Brackett Bart Shannon and Brackett Stephanie Lisabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,625
Interest Rate
7.23%
Source: Public Records

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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
The Bright Tumy Llc $87,000 None Available
Baker Carl D $82,500 --
Najera Armando -- --
Najera Armando $71,500 --
Corell Inc $42,500 --
Brackett Bart Shannon $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bright Tumy Llc $216,000
Previous Owner Baker Carl D $74,700
Previous Owner Najera Armando $54,800
Previous Owner Corell Inc $50,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2017 04/06/17 Pending -- -- --
03/31/2017 03/31/17 Sold $87,000 -4.9% $43 / Sq Ft
03/18/2017 03/18/17 For Sale $91,500 -- $45 / 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 $2,968 $150,900 $7,800 $143,100
2023 $2,706 $150,900 $7,800 $143,100
2022 $2,686 $114,800 $6,300 $108,500
2021 $2,500 $114,800 $6,300 $108,500
2020 $2,598 $100,200 $5,500 $94,700
2019 $2,300 $100,200 $5,500 $94,700
2018 $2,278 $85,600 $4,600 $81,000
2017 $2,150 $85,600 $4,600 $81,000
2016 $2,094 $79,500 $4,200 $75,300
2015 $2,094 $79,500 $4,200 $75,300
2014 $2,028 $76,300 $4,200 $72,100
Source: Public Records

Agents Affiliated with this Home

  • Fernando Aveiga

    Seller's Agent in 2017

    Fernando Aveiga

    EXP Realty, LLC

    (515) 782-5174

    6 in this area

    131 Total Sales

    Fernando Aveiga
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 535666

Des Moines Area Association of REALTORS®

APN: 040-05540000000

Iowa Polk County Des Moines 50316 Capitol East

1600 E Walnut St, Des Moines, IA

This home is located at 1600 E Walnut St, Des Moines, IA 50316 since 18 March 2017 and is currently estimated at $175,688, approximately $86 per square foot. This property was built in 1920. 1600 E Walnut St is a home located in Polk County with nearby schools including Capitol View Elementary School, Hiatt Middle School, and East High School.

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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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