NOT LISTED FOR SALE

Estimated Value: $208,000 - $264,000

3 Beds
2 Baths
1,224 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 21, 2014

Last sale price $72,000 $59 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $1,631/month

110 Days on Market

Highlights

  • 1 Fireplace
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2014

This unique 3 bedroom, 2 bathroom home offers plenty of potential. Home will need some updates and repairs. There is an in-ground pool that will need to be repaired or removed. HUD property is sold as-is. Earnest money deposit must be certified funds $1000. Visit - HUDHomestore website for all information, HUD case # 161-237055. Offers are collected the first 10 days, then opened on the 11th day. If not sold in that period, offers are reviewed daily. The First 30 days, only owner-occupant offers are being accepted. After that, home is available to investor offers. All inspections are for buyer's knowledge only, with NO concessions.

Last Agent to Sell the Property

Chris Schild

Iowa Realty Mills Crossing Listed on: 11/25/2013

Iowa Realty Mills Crossing

Last Buyer's Agent

Chris Schild

Iowa Realty Mills Crossing Listed on: 11/25/2013

Iowa Realty Mills Crossing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.26

Home Design

  • Split Level Home
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,224 Sq Ft Home
  • 1 Fireplace
  • Formal Dining Room
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • 0.26 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 11003624006000

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Split Level
  • Lp Amt Sq Ft: 74.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 59.00
  • Termite: Under Maintenance Contract - No Need for Inspection
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 624
  • Sq Ft Fin Bsmt: 624
  • Dining Room: Formal Dining Rm
  • Living Area Sq Ft: 1224
  • Total Sq Ft: 1224

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2570
  • Lot S F: 11175
  • Lot Shape: Regular
  • Assessor Parcel Number: 11003624006000
  • Zoning: RES

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: 4096.00
  • Net Taxes: 4096.00
  • Assessor Parcel Number: 1614ARTHURAVEPOLKDESMOINE50316
  • Tax Year: 2013

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2013
Closed on
Apr 18, 2014
Sold by
Secretary Of Hud
Bought by
Castillo Jorge Eric Cortez
Seller's Agent
Chris Schild
Iowa Realty Mills Crossing
Buyer's Agent
Chris Schild
Iowa Realty Mills Crossing
List Price
$110,000
Sold Price
$72,000
Premium/Discount to List
-$38,000
-34.55%
Current Estimated Value
$242,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,101
Avg. Annual Appreciation
11.14%
Original Mortgage
$70,695
Outstanding Balance
$53,559
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$188,542

Purchase Details

Closed on
Aug 16, 2012
Sold by
Collins Jerri S and Collins Michael B
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jul 10, 2008
Sold by
Collins Michael B
Bought by
Collins Jerri S and Collins Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,279
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2006
Sold by
Simpson Don L and Simpson Carolyn A
Bought by
Collins Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,925
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2002
Sold by
Myers Scott R and Myers Molly Jo
Bought by
Simpson Don L and Simpson Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.08%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Gorgas Thomas W W
Bought by
Myers Scott R and Manley Molly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,055
Interest Rate
7.03%
Mortgage Type
FHA
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
Castillo Jorge Eric Cortez -- None Available
Branch Banking & Trust Company $234,183 None Available
Collins Jerri S -- Archer Land Title Inc
Collins Michael B $152,000 None Available
Simpson Don L $137,000 --
Myers Scott R $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Jorge Eric Cortez $70,695
Previous Owner Collins Jerri S $181,279
Previous Owner Collins Michael B $147,925
Previous Owner Simpson Don L $82,500
Previous Owner Myers Scott R $92,055
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2014 04/21/14 Sold $72,000 -34.5% $59 / Sq Ft
03/15/2014 03/15/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $110,000 -- $90 / 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 $4,106 $219,200 $26,900 $192,300
2023 $3,996 $219,200 $26,900 $192,300
2022 $3,962 $178,400 $22,400 $156,000
2021 $3,684 $178,400 $22,400 $156,000
2020 $3,822 $156,200 $19,600 $136,600
2019 $3,786 $156,200 $19,600 $136,600
2018 $3,742 $149,400 $18,200 $131,200
2017 $3,480 $149,400 $18,200 $131,200
2016 $3,386 $137,200 $16,500 $120,700
2015 $3,386 $137,200 $16,500 $120,700
2014 $2,934 $119,100 $16,600 $102,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 427947

Des Moines Area Association of REALTORS®

APN: 110-03624006000