NOT LISTED FOR SALE

Estimated Value: $15,449 - $249,000

0.14 Acre
$1,224,559 Price per Acre
6,250 Sq Ft Lot

Last Sold September 28, 2018

Last sale price $10,000

Est. 1,651% increase in value since last sale

Current estimated payment $930/month

168 Days on Market

About This Lot

As of September 2018

50 x 125 residential building lots. Two lots available side by side. Walking distance to elementary school. Seller will consider package deal for both lots. City water and sewer. Has been used for State Fair parking for years. Lots currently pay for themselves every year from parking income. Neighbors handle all parking duties and split proceeds 3 ways with owner.

Last Agent to Sell the Property

Ryan Mathews

RE/MAX Revolution Listed on: 04/13/2018

RE/MAX Revolution

Last Buyer's Agent

Ryan Mathews

RE/MAX Revolution Listed on: 04/13/2018

RE/MAX Revolution

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $96

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot
  • Property is zoned R160

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 05003053003000

Property Details

Property Type

Land

Est. Annual Taxes

$96

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Electricity: Lot
  • Gas: Natural

Lot Info

  • Acres: 0.1430
  • Qualifier Acres: More or Less
  • Lot Frontage: 50
  • Lot S F: 6250
  • Lot Size: 50X125
  • Lot Type: Flat
  • Assessor Parcel Number: 05003053003000
  • Zoning: R160

Tax Info

  • Gross Taxes: 32.00
  • Net Taxes: 32.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Sep 28, 2018
Sold by
Heirloom Builders Inc
Bought by
Velasquez Guillermo
Seller's Agent
Ryan Mathews
RE/MAX Revolution
Buyer's Agent
Ryan Mathews
RE/MAX Revolution
List Price
$12,000
Sold Price
$10,000
Premium/Discount to List
-$2,000
-16.67%
Current Estimated Value
$175,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,112
Avg. Annual Appreciation
48.99%

Purchase Details

Closed on
May 17, 2007
Sold by
Val-U Homes Llc
Bought by
Heirloom Builders Inc

Purchase Details

Closed on
Apr 5, 2004
Sold by
Compo Thomas P
Bought by
Val U Homes Llc

Purchase Details

Closed on
Jul 10, 2003
Sold by
Romine Robert
Bought by
Compo Thomas P
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
Velasquez Guillermo $10,000 None Available
Heirloom Builders Inc $8,000 None Available
Val U Homes Llc $2,000 --
Compo Thomas P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $10,000 -16.7% --
09/28/2018 09/28/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $12,000 -- --
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
2025 $96 $5,300 $5,300 --
2024 $96 $4,900 $4,900 $0
2023 $96 $4,900 $4,900 $0
2022 $96 $4,100 $4,100 $0
2021 $94 $4,100 $4,100 $0
2020 $98 $3,800 $3,800 $0
2019 $84 $3,800 $3,800 $0
2018 $82 $3,100 $3,100 $0
2017 $78 $3,100 $3,100 $0
2016 $76 $2,900 $2,900 $0
2015 $76 $2,900 $2,900 $0
2014 $90 $3,400 $3,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 558823

Des Moines Area Association of REALTORS®

APN: 050-03053003000