2505 SE 8th St Des Moines, IA 50315
Indianola Hills NeighborhoodEstimated Value: $114,000 - $129,000
2
Beds
1
Bath
852
Sq Ft
$142/Sq Ft
Est. Value
Highlights
- Mud Room
- Shades
- Forced Air Heating and Cooling System
- No HOA
- Bungalow
- Vinyl Flooring
About This Home
As of March 2016$5,000 REDUCTION IN PRICE on this freshly painted home with gorgeous wood floors, new electrical, huge living room, 2 bedrooms, and possible 3rd non-conforming bedroom. Detached garage & back yard for entertaining. Property has loads of potential. This home is in NFC Neighborhood, allowing buyer an opportunity to get instant equity and closing cost assistance.
Home Details
Home Type
- Single Family
Year Built
- Built in 1917
Lot Details
- 6,678 Sq Ft Lot
- Lot Dimensions are 53x126
- Property is zoned R-160
Home Design
- Bungalow
- Asphalt Shingled Roof
- Metal Siding
Interior Spaces
- 852 Sq Ft Home
- Shades
- Mud Room
- Fire and Smoke Detector
- Stove
- Unfinished Basement
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 01004722024000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2015
Closed on
Mar 24, 2016
Sold by
Woods Andrea and Muhammad Tony
Bought by
He Jinyan and Yuan Shiaohong
Seller's Agent
Phyllis Butler
Iowa Realty Beaverdale
Buyer's Agent
Jay Strosnider
Lansing Realty
List Price
$75,000
Sold Price
$56,000
Premium/Discount to List
-$19,000
-25.33%
Total Days on Market
166
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
$65,263
Avg. Annual Appreciation
9.20%
Purchase Details
Closed on
May 17, 2004
Sold by
Samann Lc
Bought by
Woods Andrea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,150
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 11, 2002
Sold by
Crabtree Alan P
Bought by
Mortgage Electronic Registration Systems
Purchase Details
Closed on
Jul 21, 1998
Sold by
Wolford Corp
Bought by
Crabtree Alan P and Crabtree Debbie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.13%
Purchase Details
Closed on
Dec 31, 1996
Sold by
Sievers Margaret C
Bought by
Wolford Corp
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| He Jinyan | $56,000 | None Available | |
| Woods Andrea | $74,500 | -- | |
| Mortgage Electronic Registration Systems | $48,825 | -- | |
| Crabtree Alan P | $62,500 | -- | |
| Wolford Corp | $41,034 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Woods Andrea | $71,150 | |
| Previous Owner | Crabtree Alan P | $58,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2016 03/29/16 | Sold | $56,000 | -25.3% | $66 / Sq Ft |
| 03/15/2016 03/15/16 | Pending | -- | -- | -- |
| 10/01/2015 10/01/15 | For Sale | $75,000 | -- | $88 / 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 | $1,810 | $92,000 | $17,300 | $74,700 |
| 2023 | $1,818 | $92,000 | $17,300 | $74,700 |
| 2022 | $1,804 | $77,100 | $15,200 | $61,900 |
| 2021 | $1,674 | $77,100 | $15,200 | $61,900 |
| 2020 | $1,740 | $67,100 | $13,300 | $53,800 |
| 2019 | $1,656 | $67,100 | $13,300 | $53,800 |
| 2018 | $1,638 | $61,600 | $12,000 | $49,600 |
| 2017 | $1,796 | $61,600 | $12,000 | $49,600 |
| 2016 | $1,750 | $66,400 | $11,200 | $55,200 |
| 2015 | $1,750 | $66,400 | $11,200 | $55,200 |
| 2014 | $1,660 | $62,500 | $10,500 | $52,000 |
Source: Public Records
Agents Affiliated with this Home
-
Phyllis Butler
P
Seller's Agent in 2016
Phyllis Butler
Iowa Realty Beaverdale
(515) 240-0919
25 Total Sales
-
J
Buyer's Agent in 2016
Jay Strosnider
Lansing Realty
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 505204
APN: 010-04722024000
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