NOT LISTED FOR SALE

2523 SE 5th St Des Moines, IA 50315

Indianola Hills Neighborhood

Estimated Value: $93,000 - $177,239

2 Beds
1 Bath
713 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $176,000 $247 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $880/month

14 Days on Market

Highlights

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

About This Home

As of March 2024

This adorable bungalow comes with 2 bedrooms plus an extra nonconforming bedroom in the basement & 1 updated bathroom. This home offers a neighborhood with mature trees and a homey charm. Stepping inside you'll see the spacious living area with tons of natural light beaming in through brand new windows, all new flooring and fresh paint. Just off the living room is the large eat in kitchen and dining area. The main bath has neutral paint, a new vanity, fixtures, and flooring. The bedrooms are cozy with brand new carpet. Downstairs, you'll find a completely refreshed basement, neat and tidy and ready for your storage, a home gym, or craft corner. An additional room with a walkout finished area complete this space, adding more options for a new owner to customize this unique home. Outside find a large yard sitting on a 11,045 sf lot. Other updates include brand new A/C, new windows, new gutters, new roof and new downspouts. All information obtained from Seller and public records.

Last Agent to Sell the Property

Beatris Mayorga

RE/MAX Precision Listed on: 02/06/2024

RE/MAX Precision

Last Buyer's Agent

Cathy McMichael

RE/MAX Revolution

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,279

Year Built

  • Built in 1917

Lot Details

  • 5,852 Sq Ft Lot
  • Lot Dimensions are 44x133
  • Property is zoned N3A

Parking

  • Driveway

Home Design

  • 713 Sq Ft Home
  • Bungalow
  • Brick Foundation
  • Asphalt Shingled Roof

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01006327001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,279

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 244.04
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 246.84
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 713
  • Sq Ft Fin Bsmt: 600
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 713
  • Total Sq Ft: 713

Exterior Features

  • Foundation: Brick
  • Roof: Asphalt Shingle

Garage/Parking

  • Driveway: Concrete

Utilities

  • 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: 0.1340
  • Lot S F: 5852
  • Lot Size: 44X133
  • Assessor Parcel Number: 01006327001000
  • Zoning: N3A

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: 1278.83
  • Net Taxes: 1278.83

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 3, 2024
Sold by
Flores Marquez and Flores Gricelda
Bought by
Kelly Ellen
Seller's Agent
Beatris Mayorga
RE/MAX Precision
Buyer's Agent
Cathy McMichael
RE/MAX Revolution
List Price
$174,000
Sold Price
$176,000
Premium/Discount to List
$2,000
1.15%
Views
27
Current Estimated Value
$143,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,940
Avg. Annual Appreciation
-12.13%
Original Mortgage
$8,800
Outstanding Balance
$4,583
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$143,040

Purchase Details

Listed on
Oct 20, 2023
Closed on
Nov 13, 2023
Sold by
Covey Joan L
Bought by
Marquez Noe
Seller's Agent
Eric Quiner
RE/MAX Precision
Buyer's Agent
Beatris Mayorga
RE/MAX Precision
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1077.51%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Scully Eugene B and Scully Diana L
Bought by
Covey Joan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,659
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Kelly Ellen $176,000 None Listed On Document
Marquez Noe $78,000 None Listed On Document
Covey Joan L $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Ellen $8,800
Open Kelly Ellen $170,720
Previous Owner Covey Joan L $91,500
Previous Owner Covey Joan L $22,659
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $176,000 +1.1% $247 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $174,000 +123.1% $244 / Sq Ft
11/13/2023 11/13/23 Sold $78,000 -8.2% $109 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $85,000 -- $119 / 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 $1,052 $71,000 $15,100 $55,900
2023 $1,226 $71,000 $15,100 $55,900
2022 $1,214 $60,900 $13,300 $47,600
2021 $1,116 $60,900 $13,300 $47,600
2020 $532 $53,300 $11,700 $41,600
2019 $1,082 $53,300 $11,700 $41,600
2018 $298 $48,800 $10,500 $38,300
2017 $232 $48,800 $10,500 $38,300
2016 $202 $45,600 $9,900 $35,700
2015 $202 $45,600 $9,900 $35,700
2014 $650 $44,900 $9,700 $35,200
Source: Public Records

Agents Affiliated with this Home

  • Beatris Mayorga

    Seller's Agent in 2024

    Beatris Mayorga

    RE/MAX

    (515) 612-2702

    16 in this area

    395 Total Sales

    Beatris Mayorga
    Section Image

  • C

    Buyer's Agent in 2024

    Cathy McMichael

    RE/MAX

    (515) 210-0261

    4 in this area

    23 Total Sales

    Cathy McMichael
    Section Image
  • Eric Quiner

    Seller's Agent in 2023

    Eric Quiner

    RE/MAX

    (515) 710-5468

    4 in this area

    214 Total Sales

    Eric Quiner
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 688874

Des Moines Area Association of REALTORS®

APN: 010-06327001000

Iowa Polk County Des Moines 50315 Indianola Hills

2523 SE 5th St, Des Moines, IA

This home is located at 2523 SE 5th St, Des Moines, IA 50315 since 06 February 2024 and is currently estimated at $143,060, approximately $200 per square foot. This property was built in 1917. 2523 SE 5th St is a home located in Polk County with nearby schools including Howe Elementary School, Weeks Middle School, and Lincoln High School.

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.

Nearby Homes