NOT LISTED FOR SALE

1717 Olive Ave Unit B1 Des Moines, IA 50314

Sherman Hill Neighborhood

Estimated Value: $161,000 - $184,000

2 Beds
2 Baths
1,092 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $142,500 $130 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,419/month

94 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • Shades
  • Accessible Ramps

About This Home

As of June 2023

Take advantage of this extraordinary opportunity to enjoy the downtown lifestyle and Historic Neighborhood of Sherman Hill while avoiding the hassle of lawn care, snow removal or the upkeep of a historic home! Built in 2005, this 2 bedroom, 2 bathroom condo is walking distance to the school, church, parks, restaurants and coffee! This unit features a breakfast bar island plus pantry, in-unit laundry, gas fireplace, hardwood, tile & carpeted floors. The kitchen and dining/living area separate the 2 bedrooms and 2 bathrooms, allowing each side privacy and quiet, perfect for roommates! Investor Friendly!!!

Last Agent to Sell the Property

Tanner Setka

RE/MAX Precision Listed on: 02/09/2023

RE/MAX Precision

Last Buyer's Agent

Carter Larson

Weichert, Realtors - 515 Agency

Weichert, Realtors - 515 Agency

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 2006

Lot Details

  • 2,021

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Screen For Fireplace
  • Gas Fireplace
  • Shades
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Additional Features

  • Accessible Ramps
  • Covered Patio or Porch
  • 2,021 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 03003845807000

Community Details

Overview

  • Olive Ave Condo Association, Phone Number (515) 314-5481

Recreation

  • Snow Removal

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,362

Year Built

Built in 2006

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 132.69
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 130.49
  • Termite: Call Listing Agent
  • Unit: B1
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: Direct Vent Gas
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, Fireplace Screen, Hardwood Floors, Shades/Shutters, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Slab
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Other Rooms: Pantry
  • Handicap Features: Ramp
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1092
  • Total Sq Ft: 1092

Exterior Features

  • Exterior: Brick, Frame, Vinyl Siding
  • Exterior Features: Covered Patio
  • Foundation: Poured
  • Roof: Roll Roofing
  • Street Feature: Concrete
  • Trim: Maple, Paint

Garage/Parking

  • Driveway: Concrete
  • Garage Parking Stalls: 1

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air, Gas Forced Air
  • Services: Exterior Maint./Bldg., Lawn Care, Snow Removal, Trash Service, Utilities

Association/Amenities

  • Amenities: Snow Removal
  • HOA Name: Olive Street Condo Assoc
  • Management Firm: Olive Ave Condo
  • Management Firm Phone: (515) 314-5481

Condo/Co-op/Association

  • Association Fee: 250.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Lot Info

  • Acres: 0.0460
  • Lot S F: 2021
  • Assessor Parcel Number: 03003845807000
  • Zoning: R

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: 3362.00
  • Net Taxes: 3362.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Jun 15, 2023
Sold by
Setka Tanner S
Bought by
Johnson Matthew G and Schuett Denise R
Seller's Agent
Tanner Setka
RE/MAX Precision
Buyer's Agent
Carter Larson
Weichert, Realtors - 515 Agency
List Price
$144,900
Sold Price
$142,500
Premium/Discount to List
-$2,400
-1.66%
Views
252
Current Estimated Value
$172,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,847
Avg. Annual Appreciation
8.39%
Original Mortgage
$114,000
Outstanding Balance
$110,929
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$61,418

Purchase Details

Listed on
Sep 18, 2015
Closed on
Mar 9, 2016
Sold by
Olive Street Development Co Llc
Bought by
Setka Tanner S
Seller's Agent
Rochelle Burnett
Keller Williams Realty GDM
Buyer's Agent
Tanner Setka
RE/MAX Precision
List Price
$125,000
Sold Price
$117,000
Premium/Discount to List
-$8,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
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
Johnson Matthew G $142,500 None Listed On Document
Setka Tanner S $117,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Matthew G $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold $142,500 -1.7% $130 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $144,900 0.0% $133 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $144,900 0.0% $133 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $144,900 +23.8% $133 / Sq Ft
03/11/2016 03/11/16 Sold $117,000 -6.4% $107 / Sq Ft View Prior Sale
02/10/2016 02/10/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $125,000 -- $114 / 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 $3,152 $154,800 $8,400 $146,400
2024 $3,152 $154,800 $8,400 $146,400
2023 $3,388 $154,800 $8,400 $146,400
2022 $3,362 $138,900 $7,500 $131,400
2021 $3,444 $138,900 $7,500 $131,400
2020 $3,572 $133,500 $7,200 $126,300
2019 $3,364 $133,500 $7,200 $126,300
2018 $3,328 $121,300 $6,500 $114,800
2017 $150 $121,300 $6,500 $114,800
2016 $148 $130,300 $7,000 $123,300
2015 $148 $130,300 $7,000 $123,300
2014 $148 $130,300 $7,000 $123,300
Source: Public Records

Agents Affiliated with this Home

  • Tanner Setka

    Seller's Agent in 2023

    Tanner Setka

    RE/MAX

    2 in this area

    22 Total Sales

    Tanner Setka
    Section Image

  • C

    Buyer's Agent in 2023

    Carter Larson

    Weichert, Realtors - 515 Agency

    Section Image
  • Rochelle Burnett

    Seller's Agent in 2016

    Rochelle Burnett

    Keller Williams Realty GDM

    (866) 208-6519

    5 in this area

    271 Total Sales

    Rochelle Burnett
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 667368

Des Moines Area Association of REALTORS®

APN: 030-03845807000

Iowa Polk County Des Moines 50314 Sherman Hill

1717 Olive Ave Unit B1, Des Moines, IA

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