3837 3rd St Des Moines, IA 50313
Highland Park NeighborhoodEstimated payment $959/month
Highlights
- Ranch Style House
- No HOA
- Central Air
About This Home
Perfect investment opportunity in the Highland Park neighborhood—an area undergoing major revitalization with new shops, restaurants, and redevelopment happening all around. This 3 bed, 1 bath home offers 1,229 sq ft on the main level plus a partially finished basement with potential to add a non-conforming 4th bedroom. With a brand-new roof in 2025, most of the heavy lifting is already done. Kitchen cabinets are installed, framing is in place, and the layout is ideal for a flip or long-term rental. Plenty of upside for an investor ready to finish with their own touches and maximize ARV or rental income. Don't miss the chance to build value and tap into the strong rental and resale market in this area. Lots of potential—make it yours!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,907
Year Built
- Built in 1915
Lot Details
- 6,350 Sq Ft Lot
- Property is zoned N5
Parking
- No Driveway
Home Design
- 1,229 Sq Ft Home
- Ranch Style House
- Brick Foundation
- Asphalt Shingled Roof
- Metal Siding
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Gas
Additional Features
- Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 01853-000-000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,442 | $154,500 | $28,900 | $125,600 |
| 2024 | $2,442 | $134,600 | $25,100 | $109,500 |
| 2023 | $2,344 | $134,600 | $25,100 | $109,500 |
| 2022 | $2,324 | $108,300 | $21,200 | $87,100 |
| 2021 | $2,188 | $108,300 | $21,200 | $87,100 |
| 2020 | $2,268 | $96,300 | $19,000 | $77,300 |
| 2019 | $2,138 | $96,300 | $19,000 | $77,300 |
| 2018 | $2,112 | $88,100 | $17,300 | $70,800 |
| 2017 | $2,296 | $88,100 | $17,300 | $70,800 |
| 2016 | $2,462 | $93,400 | $15,500 | $77,900 |
| 2015 | $2,462 | $93,400 | $15,500 | $77,900 |
| 2014 | $2,258 | $93,700 | $15,500 | $78,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | For Sale | $135,990 | +112.5% | $111 / Sq Ft | |
| 02/19/2015 02/19/15 | Sold | $64,000 | -8.6% | $50 / Sq Ft | View Prior Sale |
| 02/06/2015 02/06/15 | Pending | -- | -- | -- | |
| 10/14/2014 10/14/14 | For Sale | $70,000 | -- | $54 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,000 | None Listed On Document | |
| Warranty Deed | $100,000 | None Listed On Document | |
| Warranty Deed | $100,000 | None Listed On Document | |
| Warranty Deed | $100,000 | None Listed On Document | |
| Warranty Deed | $64,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $138,000 | New Conventional | |
| Closed | $138,000 | New Conventional | |
| Previous Owner | $100,000 | Construction |
Source: Des Moines Area Association of REALTORS®
MLS Number: 729732
APN: 070-01853000000
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