NOT LISTED FOR SALE

1927 Capitol Ave Des Moines, IA 50316

Capitol East Neighborhood

Estimated Value: $127,000 - $147,000

2 Beds
1 Bath
924 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $27,500 $30 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $909/month

83 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Bungalow
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen

About This Home

As of August 2012

Outstanding opportunity to own this Bungalow for over $32,000 less than assessed value! two bedroom, one bath with a large back yard, spacious living room, Oak kitchen with eat in area and plenty of cabinet space. Home does need a little tlc but is priced for an excellent value! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down!This property is approved for HomePath Renovation Mortgage Financing. Visit the HomePath website for additional details.

Last Agent to Sell the Property

Diana Pastor

Country Estates Realty Listed on: 06/05/2012

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Property is zoned M-1

Parking

  • Gravel Driveway

Home Design

  • 924 Sq Ft Home
  • Bungalow
  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 04002413000000

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 35.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 30.00
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Eat In Kitchen
  • Included Items: Dishwasher
  • Living Area Sq Ft: 924
  • Total Sq Ft: 924

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel

Utilities

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

Lot Info

  • Acres: 0.1500
  • Lot S F: 6500
  • Lot Shape: Regular
  • Lot Size: 50 x 130
  • Assessor Parcel Number: 04002413000000
  • Zoning: M-1

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: 1596.00
  • Net Taxes: 1596.00
  • Assessor Parcel Number: 1927CAPITOLAVEPOLKDESMOINE50316

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2012
Closed on
Aug 28, 2012
Sold by
Federal National Mortgage Association
Bought by
Sdh Properties Llc
Seller's Agent
Diana Pastor
Country Estates Realty
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$35,700
Sold Price
$27,500
Premium/Discount to List
-$8,200
-22.97%
Current Estimated Value
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,500
Avg. Annual Appreciation
12.92%

Purchase Details

Listed on
Jun 5, 2012
Closed on
Jul 10, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association
Seller's Agent
Diana Pastor
Country Estates Realty
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$35,700
Sold Price
$27,500
Premium/Discount to List
-$8,200
-22.97%

Purchase Details

Closed on
May 10, 2012
Sold by
O & O Llc
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 4, 2007
Sold by
Otto Samuel W
Bought by
O & O Llc

Purchase Details

Closed on
Mar 8, 2007
Sold by
O & O Llc
Bought by
Otto Samuel W

Purchase Details

Closed on
Jun 15, 2006
Sold by
Schott Max and Schott Mary Ann
Bought by
O & O Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.72%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 4, 2000
Sold by
Inman Jerald D and Inman Dorothy M
Bought by
Schott Max
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sdh Properties Llc -- None Available
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association -- None Available
O & O Llc -- Itc
Otto Samuel W -- None Available
O & O Llc $37,500 None Available
Schott Max $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner O & O Llc $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2012 08/29/12 Sold $27,500 -23.0% $30 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $35,700 -- $39 / 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 $2,190 $130,300 $26,100 $104,200
2024 $2,190 $111,300 $22,200 $89,100
2023 $2,098 $111,300 $22,200 $89,100
2022 $2,082 $89,000 $18,200 $70,800
2021 $1,932 $89,000 $18,200 $70,800
2020 $2,006 $77,400 $16,000 $61,400
2019 $1,790 $77,400 $16,000 $61,400
2018 $1,772 $66,600 $13,700 $52,900
2017 $1,698 $66,600 $13,700 $52,900
2016 $1,654 $62,800 $12,800 $50,000
2015 $1,654 $62,800 $12,800 $50,000
2014 $1,596 $60,100 $12,200 $47,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Diana Pastor

    Country Estates Realty

    (515) 710-7100

    1 in this area

    48 Total Sales

    Diana Pastor
    Section Image

  • O

    Buyer's Agent in 2012

    OUTSIDE AGENT

    OTHER

    10 in this area

    5,662 Total Sales

    OUTSIDE AGENT
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 402378

Des Moines Area Association of REALTORS®

APN: 040-02413000000

Iowa Polk County Des Moines 50316 Capitol East

1927 Capitol Ave, Des Moines, IA

Not Listed for Sale

Detached

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