3118 56th St Des Moines, IA 50310
Merle Hay Neighborhood
2
Beds
1
Bath
1,106
Sq Ft
0.38
Acres
Highlights
- 0.38 Acre Lot
- Forced Air Heating and Cooling System
- Carpet
- No HOA
- Dining Area
About This Home
As of May 2022A fantastic investment opportunity in this neighborhood at a very low price! Whether you are looking for a flip or a rental, this home offers a lot of potential! This home offers two bedrooms with a third nonconforming, first floor laundry, an attached two car garage and a large yard you won't want to miss!
Last Agent to Sell the Property
Rafaela Johnson
Keller Williams Realty GDM Listed on: 01/09/2019
Last Buyer's Agent
John Fulmer
Iowa Realty Indianola
Home Details
Home Type
- Single Family
Year Built
- Built in 1924
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 62x266
- Property is zoned R1-60
Home Design
- Block Foundation
- Asphalt Shingled Roof
- Metal Siding
Interior Spaces
- 1,106 Sq Ft Home
- 1.5-Story Property
- Dining Area
- Unfinished Basement
Kitchen
- Stove
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 2 Car Attached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10005517000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2022
Closed on
May 4, 2022
Sold by
Chada Keith
Bought by
Montanari Emiliano and Gettler Kelley J
Seller's Agent
Timothy Lucken
Real Broker, LLC
Buyer's Agent
Ronald Short
RE/MAX Precision
List Price
$205,000
Sold Price
$198,000
Premium/Discount to List
-$7,000
-3.41%
Total Days on Market
33
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
$17,042
Avg. Annual Appreciation
3.13%
Purchase Details
Listed on
Oct 17, 2019
Closed on
Feb 18, 2020
Sold by
Stubbs Jennifer L and Stubbs Robert M
Bought by
Chada Keith
Seller's Agent
John Fulmer
Iowa Realty Indianola
Buyer's Agent
Tawnia Martin
Moeckl Realty LLC
List Price
$132,000
Sold Price
$118,500
Premium/Discount to List
-$13,500
-10.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.15%
Original Mortgage
$99,400
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 9, 2019
Closed on
Feb 11, 2019
Sold by
Strang Angela M and Strang Justin
Bought by
Stubbs Jennifer L and Stubbs Robert M
Seller's Agent
Rafaela Johnson
Keller Williams Realty GDM
Buyer's Agent
John Fulmer
Iowa Realty Indianola
List Price
$105,000
Sold Price
$75,000
Premium/Discount to List
-$30,000
-28.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.59%
Purchase Details
Closed on
Jan 17, 2011
Sold by
Boots William and Boots Charles
Bought by
Wilson Angela M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,250
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 10, 2010
Sold by
Boots Doris and Boots Robert C
Bought by
Boots Robert C
Purchase Details
Closed on
May 13, 2010
Sold by
Boots Doris and Boots Robert C
Bought by
Boots Robert C
Similar Homes in Des Moines, IA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $198,000 | -- | |
| Warranty Deed | $118,500 | None Available | |
| Warranty Deed | $75,000 | None Available | |
| Warranty Deed | $68,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $99,400 | New Conventional | |
| Previous Owner | $67,250 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2022 05/04/22 | Sold | $198,000 | -3.4% | $179 / Sq Ft |
| 04/22/2022 04/22/22 | Pending | -- | -- | -- |
| 03/16/2022 03/16/22 | For Sale | $205,000 | +73.0% | $185 / Sq Ft |
| 02/19/2020 02/19/20 | Sold | $118,500 | -10.2% | $107 / Sq Ft |
| 02/19/2020 02/19/20 | Pending | -- | -- | -- |
| 10/17/2019 10/17/19 | For Sale | $132,000 | +76.0% | $119 / Sq Ft |
| 02/11/2019 02/11/19 | Sold | $75,000 | -28.6% | $68 / Sq Ft |
| 02/11/2019 02/11/19 | Pending | -- | -- | -- |
| 01/09/2019 01/09/19 | For Sale | $105,000 | -- | $95 / 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 | $3,346 | $170,100 | $54,200 | $115,900 |
| 2023 | $3,346 | $170,100 | $54,200 | $115,900 |
| 2022 | $3,322 | $142,000 | $47,200 | $94,800 |
| 2021 | $3,206 | $142,000 | $47,200 | $94,800 |
| 2020 | $3,332 | $128,500 | $43,000 | $85,500 |
| 2019 | $2,888 | $128,500 | $43,000 | $85,500 |
| 2018 | $2,854 | $116,000 | $37,900 | $78,100 |
| 2017 | $2,604 | $116,000 | $37,900 | $78,100 |
| 2016 | $2,532 | $104,800 | $33,800 | $71,000 |
| 2015 | $2,532 | $104,800 | $33,800 | $71,000 |
| 2014 | $2,412 | $99,500 | $31,400 | $68,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Timothy Lucken
Real Broker, LLC
(515) 650-3753
2 in this area
239 Total Sales
-
R
Buyer's Agent in 2022
Ronald Short
RE/MAX
-
J
Seller's Agent in 2020
John Fulmer
Iowa Realty Indianola
-
Buyer's Agent in 2020
Tawnia Martin
Moeckl Realty LLC
(515) 867-4436
1 in this area
57 Total Sales
-
R
Seller's Agent in 2019
Rafaela Johnson
Keller Williams Realty GDM
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 574976
APN: 100-05517000000
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