2523 SE 5th St Des Moines, IA 50315
Indianola Hills Neighborhood
2
Beds
1
Bath
713
Sq Ft
5,852
Sq Ft Lot
Highlights
- No HOA
- Bungalow
- Forced Air Heating and Cooling System
About This Home
As of March 2024This 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.
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
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
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
Similar Homes in Des Moines, IA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $176,000 | None Listed On Document | |
| Warranty Deed | $78,000 | None Listed On Document | |
| Warranty Deed | $31,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,800 | New Conventional | |
| Open | $170,720 | New Conventional | |
| Previous Owner | $91,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $22,659 | Purchase Money Mortgage |
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
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
-
Cathy McMichael
C
Buyer's Agent in 2024
Cathy McMichael
RE/MAX
(515) 210-0261
4 in this area
23 Total Sales
-
Eric Quiner
Seller's Agent in 2023
Eric Quiner
RE/MAX
(515) 710-5468
4 in this area
214 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 688874
APN: 010-06327001000
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