NOT LISTED FOR SALE

Estimated Value: $132,000 - $166,000

2 Beds
1 Bath
700 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $42,500 $61 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $953/month

56 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Family Room
  • Accessible Ramps
  • Forced Air Heating System
  • Dining Area

About This Home

As of May 2019

Excellent opportunity to own this home for over 10k less than assessed value and for less than it sold for 16 years ago! Metal sided bungalow located on Des Moines East side on a 37 x 137 lot with an over sized 16 x 22 detached garage, enclosed front porch, two bedrooms, enclosed front porch, a spacious living room and a dining area just off of the kitchen. Minutes to the fair grounds, shopping, and downtown. This is a Fannie Mae HomePath property. Visit the HomePath website for additional details on this home and others offered by Fannie Mae.

Last Agent to Sell the Property

Diana Pastor

Country Estates Realty Listed on: 03/29/2019

Last Buyer's Agent

Ginger Atcheson

Real Estate Property Solutions, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 5,137 Sq Ft Lot
  • Lot Dimensions are 37x137

Home Design

  • Bungalow
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 700 Sq Ft Home
  • Family Room
  • Dining Area
  • Laundry on main level
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Accessible Home Design

  • Accessible Ramps

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05003800000000

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 57.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 60.71
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 700
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Handicap Features: Ramp
  • Living Area Sq Ft: 700
  • Total Sq Ft: 700

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel
  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1180
  • Lot S F: 5137
  • Lot Shape: Regular
  • Lot Size: 37X137
  • Assessor Parcel Number: 05003800000000
  • Zoning: R

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: 1100.00
  • Net Taxes: 1100.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Midstate Properties Llc
Bought by
Schmitz Jeffrey
Current Estimated Value
$142,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,717
Outstanding Balance
$112,105
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$27,108

Purchase Details

Listed on
Mar 29, 2019
Closed on
May 20, 2019
Sold by
Fannie Mae
Bought by
Karamanlis Matthew J
Seller's Agent
Diana Pastor
Country Estates Realty
Buyer's Agent
Ginger Atcheson
Real Estate Property Solutions, LLC
List Price
$39,900
Sold Price
$42,500
Premium/Discount to List
$2,600
6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.58%

Purchase Details

Closed on
Jan 29, 2004
Sold by
Norman Lyle R and Norman Judith K
Bought by
Grimes Alvie M and Grimes Blanche M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Schmitz Jeffrey $126,000 None Available
Karamanlis Matthew J -- None Available
Grimes Alvie M $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz Jeffrey $123,717
Previous Owner Grimes Alvie M $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $42,500 +6.5% $61 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $39,900 -- $57 / 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 $2,370 $120,500 $17,500 $103,000
2023 $1,548 $120,500 $17,500 $103,000
2022 $1,536 $65,700 $14,400 $51,300
2021 $1,434 $65,700 $14,400 $51,300
2020 $1,490 $57,500 $12,600 $44,900
2019 $1,118 $57,500 $12,600 $44,900
2018 $1,100 $50,100 $10,900 $39,200
2017 $1,032 $50,100 $10,900 $39,200
2016 $1,000 $46,700 $10,100 $36,600
2015 $1,000 $46,700 $10,100 $36,600
2014 $1,032 $49,200 $10,500 $38,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 578832

Des Moines Area Association of REALTORS®

APN: 050-03800000000