2118 Lay St Des Moines, IA 50317
Fairmont Park NeighborhoodEstimated Value: $141,000 - $172,000
3
Beds
1
Bath
998
Sq Ft
$158/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating and Cooling System
- Dining Area
About This Home
As of July 2014Excellent home for the money! Cheaper than rent. Opportunity for the first time homebuyer or for an investor who is looking for rental property. Stop by and take a look. No offers will be accepted within first 48 hours During the first 20 days a property is in MLS, only owner occupant offers or those from a public entity or designated partner will be considered. Investor offers will be considered after the 20th day if property is still available. This property is eligible under the Freddie Mac First Look Initiative through 4/2/2014. Up to $500 credit for HOW of buyer's choice. Home inspection is for buyers knowledge only. Water will NOT be turned on. Purchaser should utilize alternative means to determine plumbing condition such as an air pressure test.
Home Details
Home Type
- Single Family
Year Built
- Built in 1895
Lot Details
- 5,500 Sq Ft Lot
- Lot Dimensions are 50x110
- Property is zoned R1-60
Home Design
- Asphalt Shingled Roof
- Metal Siding
Interior Spaces
- 998 Sq Ft Home
- 1.5-Story Property
- Dining Area
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 06002508000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2014
Closed on
Jun 13, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lane Investments Llc
Seller's Agent
Marija Balac
Realty ONE Group Impact
Buyer's Agent
Stephanie Dart
RE/MAX Concepts
List Price
$54,900
Sold Price
$42,500
Premium/Discount to List
-$12,400
-22.59%
Total Days on Market
109
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,404
Avg. Annual Appreciation
12.76%
Original Mortgage
$56,523
Outstanding Balance
$20,032
Interest Rate
4.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$137,872
Purchase Details
Closed on
Jan 3, 2008
Sold by
Howser Neal Craig and Howser Sheri Renee
Bought by
Oblander Krista J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Des Moines, IA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lane Investments Llc | -- | Servicelink | |
| Oblander Krista J | $96,000 | Itc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Epc Llc | $56,523 | |
| Previous Owner | Oblander Krista J | $96,500 | |
| Previous Owner | Howser Neal Craig | $11,730 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2014 07/01/14 | Sold | $42,500 | -22.6% | $43 / Sq Ft |
| 06/01/2014 06/01/14 | Pending | -- | -- | -- |
| 03/14/2014 03/14/14 | For Sale | $54,900 | -- | $55 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,262 | $114,960 | $16,600 | $98,360 |
| 2023 | $2,082 | $120,600 | $16,600 | $104,000 |
| 2022 | $2,066 | $94,000 | $13,100 | $80,900 |
| 2021 | $1,950 | $94,000 | $13,100 | $80,900 |
| 2020 | $2,026 | $83,800 | $11,600 | $72,200 |
| 2019 | $1,748 | $83,800 | $11,600 | $72,200 |
| 2018 | $1,730 | $70,700 | $9,600 | $61,100 |
| 2017 | $1,722 | $70,700 | $9,600 | $61,100 |
| 2016 | $1,678 | $69,300 | $9,200 | $60,100 |
| 2015 | $1,678 | $69,300 | $9,200 | $60,100 |
| 2014 | $1,654 | $64,600 | $9,400 | $55,200 |
Source: Public Records
Agents Affiliated with this Home
-
Marija Balac
M
Seller's Agent in 2014
Marija Balac
Realty ONE Group Impact
(515) 999-0730
16 Total Sales
-
Stephanie Dart
Buyer's Agent in 2014
Stephanie Dart
RE/MAX
(641) 521-6044
147 Total Sales
-
Shane Torres
Buyer Co-Listing Agent in 2014
Shane Torres
RE/MAX
(515) 984-0222
1 in this area
685 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 431926
APN: 060-02508000000
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