NOT LISTED FOR SALE

2505 53rd St Des Moines, IA 50310

Merle Hay Neighborhood

Estimated Value: $289,000 - $394,977

Studio
3 Baths
3,002 Sq Ft
$116/Sq Ft Est. Value

Sale Details

Date Sold: January 8, 2020

Last sale price $190,000 $63 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,396 / mo

167 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Storage
  • 0.42 Acre Lot
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of January 2020

Looking for a great investment? This is it! Roof/gutters/HVAC are all fairly new. This duplex is ready for new ownership! The front unit is currently rented and has 2 bedrooms and 1 bath. The rear unit has 3 bedrooms/2 baths, new carpet on the main level, and fresh paint. Outside you will love the large lot and 4 car garage. Come take a look today!

Last Agent to Sell the Property

Nancy Nastruz

Keller Williams Realty GDM Listed on: 07/18/2019

Keller Williams Realty GDM

Co-Listed By

Joel Nastruz

Keller Williams Realty GDM

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 18,468 Sq Ft Lot
  • Lot Dimensions are 57x324

Parking

  • 4 Car Detached Garage

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 3,002 Sq Ft Home
  • Storage
  • Laundry Room
  • 2 Kitchens

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10003929000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0.42 Acres

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 73.28
  • Sp Amt Sq Ft: 63.29
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 2
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 3002
  • Total Sq Ft: 3002

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block
  • Paved: Yes
  • Sidewalk: Y

Garage/Parking

  • Garage: 4 Detached

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.4240
  • Lot S F: 18468
  • Lot Size: 57X324
  • Assessor Parcel Number: 10003929000000
  • Zoning: RES

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Water Tenant

Tax Info

  • Gross Taxes: 6626.08
  • Net Taxes: 6394.11

MLS Schools

  • School District: Des Moines Independent

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Jan 7, 2020
Sold by
Paul Peggy L
Bought by
Seller's Agent
Nancy Nastruz
Keller Williams Realty GDM
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$249,900
Sold Price
$190,000
Premium/Discount to List
-$59,900
-23.97%
Current Estimated Value
$340,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,630
Avg. Annual Appreciation
9.44%
Original Mortgage
$138,568
Outstanding Balance
$119,768
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$226,976

Purchase Details

Closed on
Jan 14, 1998
Sold by
Burkle Lee
Bought by
Paul Dennis A and Paul Peggy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
6.95%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Merle Hay, IA

  • Linda Sabic Real Estate Agent - Realty ONE Group Impact

    Linda Sabic

    Realty ONE Group Impact

    (515) 461-8688

    44 Total Sales

    3 in Merle Hay

    $92K - $230K Price Range

    Linda Sabic
     Section Image
  • Joe Hand Real Estate Agent - Keller Williams Realty GDM

    Joe Hand

    Keller Williams Realty GDM

    (515) 393-6717

    69 Total Sales

    1 in Merle Hay

    $250,000 Price

    Joe Hand
     Section Image
  • Maria Torres Real Estate Agent - Iowa Realty Mills Crossing

    Maria Torres

    Responds Quickly

    Iowa Realty Mills Crossing

    (515) 400-0263

    161 Total Sales

    9 in Merle Hay

    $149K - $265K Price Range

    Maria Torres
     Section Image
  • Jen Schuller Real Estate Agent - Iowa Realty Mills Crossing

    Jen Schuller

    Iowa Realty Mills Crossing

    (515) 686-6521

    92 Total Sales

    1 in Merle Hay

    $310,000 Price

    Jen Schuller
     Section Image
  • Anna Kempe Real Estate Agent - Keller Williams Ankeny Metro

    Anna Kempe

    Keller Williams Ankeny Metro

    (515) 298-8586

    67 Total Sales

    3 in Merle Hay

    $160K - $173K Price Range

    Anna Kempe
     Section Image
  • Andrew Bruellman Real Estate Agent - RE/MAX Concepts

    Andrew Bruellman

    Responds Quickly

    RE/MAX Concepts

    (515) 575-2183

    219 Total Sales

    5 in Merle Hay

    $198K - $256K Price Range

    Andrew Bruellman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 None Available
Paul Dennis A $114,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $138,568
Previous Owner Paul Dennis A $108,000
Previous Owner Paul Dennis A $80,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/08/2020 01/08/20 Sold $190,000 -24.0% $63 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
07/18/2019 07/18/19 For Sale $249,900 -- $83 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,198 $352,600 $62,500 $290,100
2024 $6,198 $315,100 $54,600 $260,500
2023 $5,996 $315,100 $54,600 $260,500
2022 $5,950 $254,400 $47,500 $206,900
2021 $6,385 $254,400 $47,500 $206,900
2020 $6,082 $243,400 $45,000 $198,400
2019 $5,670 $243,400 $45,000 $198,400
2018 $5,608 $219,500 $39,400 $180,100
2017 $5,334 $219,500 $39,400 $180,100
2016 $5,190 $205,700 $34,800 $170,900
2015 $5,190 $205,700 $34,800 $170,900
2014 $5,032 $205,400 $33,800 $171,600
Source: Public Records

Agents Affiliated with this Home

  • NN

    Seller's Agent in 2020

    Nancy Nastruz

    Keller Williams Realty GDM

    (515) 554-4415

    2 in this area

    131 Total Sales

    Nancy Nastruz
    Section Image

  • JN

    Seller Co-Listing Agent in 2020

    Joel Nastruz

    Keller Williams Realty GDM

    (515) 554-4415

    1 in this area

    49 Total Sales

    Joel Nastruz
    Section Image

  • OA

    Buyer's Agent in 2020

    OUTSIDE AGENT

    OTHER

    33 in this area

    5,745 Total Sales

    OUTSIDE AGENT
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 587252

Des Moines Area Association of REALTORS®

APN: 100-03929000000

Iowa Polk County Des Moines 50310 Merle Hay

2505 53rd St, Des Moines, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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