$32,100
SOLD JAN 12, 2018
1 Bed
1 Bath
587 Sq Ft
6,614 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

50% Below List Price

115 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of December 2019

This home is located at 2508 Payne Rd, Des Moines, IA 50310 and is currently priced at $32,100, approximately $54 per square foot. This property was built in 1924. 2508 Payne Rd is a home located in Polk County with nearby schools including Monroe Elementary School, Meredith Middle School, and Hoover High School.

Last Agent to Sell the Property

Jeffrey Weidman

Fusion Realtors Listed on: 09/19/2017

Last Buyer's Agent

Randy Rudolf

Progressive Real Estate RN,LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Parking

  • 2 Car Detached Garage

Home Design

  • 587 Sq Ft Home
  • Bungalow
  • Asphalt Shingled Roof
  • Metal Siding

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Additional Features

  • Laundry on main level
  • 6,614 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08002534000000

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 100.51
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 54.68
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry
  • Total Bathrooms: 1.00
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 393
  • Living Area Sq Ft: 587
  • Total Sq Ft: 587

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Asphalt
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1520
  • Lot S F: 6614
  • Lot Size: 53.5
  • Assessor Parcel Number: 08002534000000
  • Zoning: R-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: 1568.38
  • Net Taxes: 1338.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Dec 23, 2019
Sold by
Mrl Enterprises Llc
Bought by
Great Dane Holdings Llc
Seller's Agent
Randy Rudolf
Progressive Real Estate RN,LLC
Buyer's Agent
Kent Lehs
Iowa Realty Beaverdale
List Price
$34,900
Sold Price
$27,000
Premium/Discount to List
-$7,900
-22.64%
Total Days on Market
115
Current Estimated Value
$124,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,490
Avg. Annual Appreciation
30.53%
Original Mortgage
$42,400
Outstanding Balance
$34,274
Interest Rate
3.74%
Mortgage Type
Unknown
Estimated Equity
$88,675

Purchase Details

Closed on
Jun 15, 2019
Sold by
Mrl Enterprises Llc
Bought by
Turner Dale and Jones Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,350
Interest Rate
8.5%

Purchase Details

Listed on
Sep 19, 2017
Closed on
Mar 1, 2018
Sold by
Mrl Enterprises Llc
Bought by
Turner Dale
Seller's Agent
Jeffrey Weidman
Fusion Realtors
Buyer's Agent
Randy Rudolf
Progressive Real Estate RN,LLC
List Price
$64,000
Sold Price
$32,100
Premium/Discount to List
-$31,900
-49.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.22%
Original Mortgage
$61,900
Interest Rate
8.5%

Purchase Details

Listed on
Sep 19, 2017
Closed on
Feb 14, 2018
Sold by
U S Bank Na
Bought by
Mrl Enterprises Llc
Seller's Agent
Jeffrey Weidman
Fusion Realtors
Buyer's Agent
Randy Rudolf
Progressive Real Estate RN,LLC
List Price
$64,000
Sold Price
$32,100
Premium/Discount to List
-$31,900
-49.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,900
Interest Rate
8.5%

Purchase Details

Closed on
Aug 24, 2017
Sold by
Sheriff Of Polk County
Bought by
Cim Trust
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 Type Sale Price Title Company
Warranty Deed $27,000 None Available
Warranty Deed $65,000 None Available
Warranty Deed $64,900 None Available
Special Warranty Deed $32,100 None Available
Sheriffs Deed $53,540 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $42,400 Unknown
Previous Owner $63,350 No Value Available
Previous Owner $61,900 No Value Available
Previous Owner $54,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $27,000 -22.6% $46 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $34,900 +8.7% $59 / Sq Ft
01/12/2018 01/12/18 Sold $32,100 -49.8% $55 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $64,000 -- $109 / 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 $1,982 $100,800 $31,100 $69,700
2023 $1,880 $100,800 $31,100 $69,700
2022 $1,866 $79,800 $25,900 $53,900
2021 $1,734 $79,800 $25,900 $53,900
2020 $1,802 $69,500 $22,600 $46,900
2019 $1,648 $69,500 $22,600 $46,900
2018 $1,582 $61,300 $19,700 $41,600
2017 $1,850 $61,300 $19,700 $41,600
2016 $1,838 $58,000 $18,600 $39,400
2015 $1,298 $58,000 $18,600 $39,400
2014 $1,326 $58,800 $18,500 $40,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 548411

Des Moines Area Association of REALTORS®

APN: 080-02534000000