NOT LISTED FOR SALE

3315 SW 12th Place Des Moines, IA 50315

Greater South Side Neighborhood

Estimated Value: $100,000 - $144,000

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

Last Sold August 09, 2021

Last sale price $33,000 $57 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $696/month

3 Days on Market

About This Home

As of August 2021

Attention all investors & rehabbers, if you are not afraid of a little elbow grease this is the house for you. No lipstick on that pig. This house had a fire, needs complete remodel, great location, lots of potential. Turn this baby into whatever you fancy.

Buyer has 3 options:
1. Buy to Live-In
2. Buy to Rent
3. Buy to Sell.

Large lot Mature trees, house set in the back of lot.

Must be Cash deal.
Seller financing is Available to qualified buyers with 20% down payment ($7,000), proof of funds for rehab. Seller will carry note for 3 years at 8% amortized over 10 years. monthly payment of $339.72 no prepayment penalty.

Go check it out and make your vision come true. Listing Agent has interest in the property.

Last Agent to Sell the Property

Adam Metzker

Realty Concepts Listed on: 07/02/2021

Last Buyer's Agent

Adam Metzker

Realty Concepts Listed on: 07/02/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • Property is zoned N5

Home Design

  • 580 Sq Ft Home
  • Bungalow

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02356-000-000

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 60.34
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 56.90
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Living Area Sq Ft: 580
  • Total Sq Ft: 580

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Assessor Parcel Number: 02356-000-000
  • Zoning: N5

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1458.38
  • Net Taxes: 1458.38

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jul 21, 2021
Sold by
Legacy 515 Llc
Bought by
Chapas Construction Llc
Seller's Agent
Adam Metzker
Realty Concepts
Buyer's Agent
Adam Metzker
Realty Concepts
List Price
$35,000
Sold Price
$33,000
Premium/Discount to List
-$2,000
-5.71%
Current Estimated Value
$118,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,333
Avg. Annual Appreciation
36.97%

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jun 14, 2021
Sold by
Depot Properties Llc
Bought by
Legacy 515 Llc
Seller's Agent
Adam Metzker
Realty Concepts
Buyer's Agent
Adam Metzker
Realty Concepts
List Price
$35,000
Sold Price
$33,000
Premium/Discount to List
-$2,000
-5.71%

Purchase Details

Closed on
Mar 25, 2021
Sold by
Barry David J and Barry Jamie L
Bought by
Depot Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 1, 2014
Sold by
Alegiant Llc
Bought by
Pacheco Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,900
Interest Rate
8.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 2012
Sold by
Alegiant Llc
Bought by
Tracy Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 20, 2012
Closed on
Feb 20, 2012
Sold by
Great Western Bank
Bought by
Alegiant Llc
Seller's Agent
Michael Venturini
Iowa Realty Jordan Grove
Buyer's Agent
George Archer
RE/MAX Concepts
List Price
$25,000
Sold Price
$21,000
Premium/Discount to List
-$4,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%

Purchase Details

Closed on
Nov 10, 2011
Sold by
Wipf Donnis Elwin and Wipf Jona Dee
Bought by
Great Western Bank

Purchase Details

Closed on
Nov 9, 2001
Sold by
Boele Gerrit and Boele Michael D
Bought by
Holmes James W and Holmes Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,597
Interest Rate
6.18%

Purchase Details

Closed on
Jul 31, 2001
Sold by
Pompeii Louis A and Pompeii Gail I
Bought by
Wipf Donnis E and Wipf Jona D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,187
Interest Rate
7.15%

Purchase Details

Closed on
Mar 3, 1999
Sold by
Deremiah Denny
Bought by
Pompeii Louis A and Pompeii Gail I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.85%

Purchase Details

Closed on
Jul 8, 1997
Sold by
Duff Terry
Bought by
Duff Jerry

Purchase Details

Closed on
Oct 17, 1996
Sold by
Duff Jerry and Duff Terry
Bought by
Deremiah Denny

Purchase Details

Closed on
Sep 21, 1996
Sold by
Duff Jerry and Duff Terry
Bought by
Deremiah Denny

Purchase Details

Closed on
Mar 17, 1958
Sold by
City Of Des Moines
Bought by
Duff Tom and Duff Gladys
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
Chapas Construction Llc $33,000 None Available
Chapas Construction Llc $33,000 None Listed On Document
Legacy 515 Llc $17,000 None Available
Legacy 515 Llc $17,000 None Listed On Document
Depot Properties Llc -- None Available
Pacheco Armando $44,900 None Available
Tracy Travis $49,900 None Available
Alegiant Llc $20,500 None Available
Great Western Bank $100,000 None Available
Holmes James W $89,500 --
Wipf Donnis E $37,000 --
Pompeii Louis A $29,500 --
Duff Jerry $4,000 --
Deremiah Denny -- --
Deremiah Denny $21,500 --
Deremiah Denny $22,000 --
Duff Tom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Depot Properties Llc $450,000
Previous Owner Pacheco Armando $41,900
Previous Owner Alegiant Llc $27,000
Previous Owner Tracy Travis $46,900
Previous Owner Holmes James W $92,597
Previous Owner Wipf Donnis E $41,187
Previous Owner Pompeii Louis A $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $33,000 -5.7% $57 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $35,000 +66.7% $60 / Sq Ft
02/29/2012 02/29/12 Sold $21,000 -16.0% $36 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $25,000 -- $43 / 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 $618 $33,900 $30,000 $3,900
2023 $662 $33,900 $30,000 $3,900
2022 $1,294 $30,200 $26,700 $3,500
2021 $1,295 $59,900 $26,700 $33,200
2020 $1,813 $52,100 $23,400 $28,700
2019 $1,132 $52,100 $23,400 $28,700
2018 $1,120 $46,700 $20,900 $25,800
2017 $1,038 $46,700 $20,900 $25,800
2016 $1,757 $43,000 $19,100 $23,900
2015 $1,012 $43,000 $19,100 $23,900
2014 $1,074 $45,000 $19,000 $26,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Adam Metzker

    Realty Concepts

    Section Image

  • M

    Seller's Agent in 2012

    Michael Venturini

    Iowa Realty Jordan Grove

  • George Archer

    Buyer's Agent in 2012

    George Archer

    RE/MAX

    (515) 208-5068

    113 Total Sales

    George Archer
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 632799

Des Moines Area Association of REALTORS®

APN: 010-02356000000

Iowa Polk County Des Moines 50315 Greater South Side

3315 SW 12th Place, Des Moines, IA

This home is located at 3315 SW 12th Place, Des Moines, IA 50315 since 02 July 2021 and is currently estimated at $118,333, approximately $204 per square foot. This property was built in 1926. 3315 SW 12th Place is a home located in Polk County with nearby schools including Park Avenue Elementary School, Brody Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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