NOT LISTED FOR SALE

3002 E Madison Ave Des Moines, IA 50317

Douglas Acres Neighborhood

Estimated Value: $139,000 - $160,000

2 Beds
1 Bath
1,053 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $68,000 $65 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $962/month

168 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Bungalow
  • Forced Air Heating System
  • Formal Dining Room

About This Home

As of August 2014

This is an investment opportunity. One of the nicest features of this home is the spacious lining room/ dining area. The home is located on a corner and is fully fenced. There is 1053 sq ft of living area plus an enclosed porch which adds living space. Yes, it needs work, but it is an investment opportunity.

Last Agent to Sell the Property

Marlene Thatcher

Keller Williams Realty GDM Listed on: 02/10/2014

Keller Williams Realty GDM

Last Buyer's Agent

Marlene Thatcher

Keller Williams Realty GDM Listed on: 02/10/2014

Keller Williams Realty GDM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,630

Year Built

  • Built in 1921

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x149
  • Property is zoned R1-70

Home Design

  • Bungalow
  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,053 Sq Ft Home
  • Formal Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 06001428000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,630

Year Built

Built in 1921

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 66.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 65.00
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Formal Dining Rm
  • Living Area Sq Ft: 1053
  • Total Sq Ft: 1053

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage: 1 Attached

Utilities

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

Lot Info

  • Acres: 0.3420
  • Lot S F: 14900
  • Lot Shape: Regular
  • Lot Size: 100x149
  • Assessor Parcel Number: 06001428000000
  • Zoning: R1-70

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: 1630.00
  • Net Taxes: 1630.00
  • Assessor Parcel Number: 3002EMADISONAVEPOLKDESMOINE50317

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Mab Investment Trust
Bought by
Ma Bakker Inv Llc
Current Estimated Value
$146,230

Purchase Details

Closed on
May 3, 2018
Sold by
Samann Lc
Bought by
Mab Investment Trust

Purchase Details

Listed on
Feb 10, 2014
Closed on
Aug 29, 2014
Sold by
Samann Lc
Bought by
Squires Heather R and Squires Annette M
Seller's Agent
Marlene Thatcher
Keller Williams Realty GDM
Buyer's Agent
Marlene Thatcher
Keller Williams Realty GDM
List Price
$49,900
Sold Price
$68,000
Premium/Discount to List
$18,100
36.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$61,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 23, 2013
Closed on
Nov 27, 2013
Sold by
Us Bank Na
Bought by
Samann Lc
Seller's Agent
Jerry Aldrich
RE/MAX Concepts
Buyer's Agent
Marlene Thatcher
Keller Williams Realty GDM
List Price
$34,500
Sold Price
$31,500
Premium/Discount to List
-$3,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
245.96%

Purchase Details

Closed on
Oct 3, 2013
Sold by
Walker Zepeda Ronda and Zepeda Timothy
Bought by
Us Bank Na

Purchase Details

Closed on
May 5, 2005
Sold by
Jp Morgan Chase Bank
Bought by
Walker Zepeda Ronda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,065
Interest Rate
10.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 27, 2005
Sold by
Strahl Scott Allen and Strahl Malisa Lynn
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Sep 18, 1998
Sold by
Strahl Malisa Lynn and Clark Malisa Lynn
Bought by
Strahl Scott Allen and Strahl Malisa Lynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ma Bakker Inv Llc -- None Listed On Document
Ma Bakker Inv Llc -- None Listed On Document
Mab Investment Trust -- None Available
Squires Heather R $68,000 None Available
Samann Lc $31,500 None Available
Us Bank Na $85,405 None Available
Walker Zepeda Ronda L $57,500 Title Services Corporation
Jp Morgan Chase Bank $67,584 --
Strahl Scott Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Squires Heather R $61,000
Previous Owner Walker Zepeda Ronda L $50,065
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2014 08/29/14 Sold $68,000 +36.3% $65 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $49,900 +58.4% $47 / Sq Ft
01/14/2014 01/14/14 Sold $31,500 -8.7% $30 / Sq Ft View Prior Sale
11/27/2013 11/27/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $34,500 -- $33 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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
2025 $2,230 $123,100 $31,400 $91,700
2024 $2,230 $113,400 $28,800 $84,600
2023 $2,264 $113,400 $28,800 $84,600
2022 $2,248 $96,100 $25,300 $70,800
2021 $2,196 $96,100 $25,300 $70,800
2020 $2,282 $88,000 $23,300 $64,700
2019 $2,030 $88,000 $23,300 $64,700
2018 $2,008 $75,500 $19,900 $55,600
2017 $1,860 $75,500 $19,900 $55,600
2016 $1,814 $68,800 $18,000 $50,800
2015 $1,814 $68,800 $18,000 $50,800
2014 $1,626 $61,200 $15,900 $45,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marlene Thatcher

    Keller Williams Realty GDM

    (515) 770-9331

    48 Total Sales

    Marlene Thatcher
    Section Image

  • J

    Seller's Agent in 2014

    Jerry Aldrich

    RE/MAX

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 430435

Des Moines Area Association of REALTORS®

APN: 060-01428000000

Iowa Polk County Des Moines 50317 Douglas Acres

3002 E Madison Ave, Des Moines, IA

Not Listed for Sale

Detached

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