NOT LISTED FOR SALE

2016 Martin Luther King Junior Pkwy Des Moines, IA 50314

Mondamin Presidential Neighborhood

Estimated Value: $158,000 - $181,000

3 Beds
2 Baths
1,296 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 14, 2014

Last sale price $19,001 $15 Per Sq Ft

Est. 793% increase in value since last sale

Current estimated payment $1,126/month

172 Days on Market

About This Home

As of April 2014

Excellent investment opportunity here. This home was remodeled in 2005 but needs a little help to get it back on track. This spacious home features 3 bedrooms, 2 baths, a large front porch, and an updated furnace and a/c.This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Jason Liechti

Realty ONE Group Impact Listed on: 10/24/2013

Realty ONE Group Impact

Last Buyer's Agent

Laura Slavin

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • 9,800 Sq Ft Lot
  • Lot Dimensions are 50x196

Parking

  • Driveway

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 08007132000000

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 15.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 15.00
  • Termite: Call Listing Agent
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 797
  • Dining Room: Formal Dining Rm
  • Living Area Sq Ft: 1296
  • Total Sq Ft: 1296

Exterior Features

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

Garage/Parking

  • Driveway: Concrete

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2250
  • Lot S F: 9800
  • Lot Shape: Regular
  • Lot Size: 50x196
  • Assessor Parcel Number: 08007132000000
  • 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: 1801.00
  • Net Taxes: 1574.00
  • Assessor Parcel Number: 2016MARTIN LPKWYPOLKDESMOINE50314

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2013
Closed on
Apr 8, 2014
Sold by
Fannie Mae
Bought by
Ramirez Juan A Perez
Seller's Agent
Jason Liechti
Realty ONE Group Impact
Buyer's Agent
Laura Slavin
RE/MAX Precision
List Price
$55,650
Sold Price
$19,001
Premium/Discount to List
-$36,649
-65.86%
Current Estimated Value
$169,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,722
Avg. Annual Appreciation
20.93%

Purchase Details

Closed on
Aug 29, 2013
Sold by
Fisher John and Fisher Marie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 24, 2006
Sold by
Front Door Investors Llc
Bought by
Fisher John and Fisher Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2005
Sold by
Peterson Ross L and Peterson Ann D
Bought by
Front Door Investors Llc

Purchase Details

Closed on
Jun 17, 2005
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Peterson Ross L

Purchase Details

Closed on
Aug 12, 2004
Sold by
Issac Jones and Richardson Carnelia
Bought by
Wells Fargo Bank Minnesota Na

Purchase Details

Closed on
Sep 21, 2001
Sold by
Richardson Carnelia J
Bought by
Jones Isaac P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
10.25%

Purchase Details

Closed on
Apr 10, 1998
Sold by
Baner Terrill M
Bought by
Richardson Carnelia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.27%
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
Ramirez Juan A Perez $19,001 Servicelink
Federal National Mortgage Association -- None Available
Fisher John $73,000 None Available
Front Door Investors Llc -- None Available
Peterson Ross L $19,500 Title Services Corporation
Wells Fargo Bank Minnesota Na $35,700 --
Jones Isaac P $57,000 --
Richardson Carnelia J $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fisher John $73,500
Previous Owner Jones Isaac P $46,000
Previous Owner Richardson Carnelia J $24,000
Closed Jones Isaac P $11,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2014 04/14/14 Sold $19,001 -65.9% $15 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $55,650 -- $43 / 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 $2,510 $127,600 $12,800 $114,800
2023 $2,242 $127,600 $12,800 $114,800
2022 $2,224 $95,100 $10,200 $84,900
2021 $2,172 $95,100 $10,200 $84,900
2020 $2,252 $87,000 $9,300 $77,700
2019 $2,218 $86,900 $9,300 $77,600
2018 $2,028 $76,200 $8,700 $67,500
2017 $1,952 $76,200 $8,700 $67,500
2016 $1,902 $72,200 $8,100 $64,100
2015 $1,902 $72,200 $8,100 $64,100
2014 $1,900 $71,500 $7,900 $63,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 426713

Des Moines Area Association of REALTORS®

APN: 080-07132000000