3903 SW 3rd St Des Moines, IA 50315
Watrous Heights Neighborhood
3
Beds
1
Bath
988
Sq Ft
10,440
Sq Ft Lot
About This Home
As of August 2021Attention investors!!! What a deal! 3 bedroom ranch located in nice southwest neighborhood. Huge Living room with formal dining room. This house has newer siding, windows & doors. Needs some TLC but would make a great first time home or rental. This is a Fannie Mae HomePath property. Purchase this home for as little as 3% down! Eligibility restrictions apply. This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.
Home Details
Home Type
- Single Family
Year Built
- Built in 1909
Parking
- Gravel Driveway
Home Design
- Bungalow
- Block Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 988 Sq Ft Home
- Unfinished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- 10,440 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01001831002000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2021
Closed on
Aug 27, 2021
Sold by
Martinez Andres and Martinez Carla
Bought by
Smith Tonya Evette
Seller's Agent
Rocio Hermosillo
EXP Realty, LLC
Buyer's Agent
Tynesha Shivers
Century 21 Signature
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%
Total Days on Market
98
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
$25,493
Avg. Annual Appreciation
4.39%
Original Mortgage
$142,500
Outstanding Balance
$130,895
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$45,157
Purchase Details
Listed on
Aug 27, 2015
Closed on
Nov 17, 2015
Sold by
Intentional Living Llc
Bought by
Martinez Andres and Martinez Carla
Seller's Agent
David Marlenee
RE/MAX Precision
Buyer's Agent
Cui Dong Davis
Realty ONE Group Impact
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$83,460
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Listed on
Jul 19, 2012
Closed on
Oct 23, 2012
Sold by
Federal National Mortgage Association
Bought by
Intentional Lving Llc
Seller's Agent
Marlea DePenning
BHHS First Realty Westown
Buyer's Agent
Jeremy McMulin
RE/MAX Revolution
List Price
$54,100
Sold Price
$44,000
Premium/Discount to List
-$10,100
-18.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.75%
Purchase Details
Closed on
Jun 7, 2012
Sold by
Blanchard Michael E
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 22, 2002
Sold by
Blanchard Kathy May
Bought by
Blanchard Michael E and Blanchard Harry E
Map
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Similar Homes in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | None Available | |
| Warranty Deed | $85,000 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $106,583 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $142,500 | New Conventional | |
| Previous Owner | $83,460 | FHA | |
| Previous Owner | $79,200 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $150,000 | +3.4% | $152 / Sq Ft |
| 08/31/2021 08/31/21 | Pending | -- | -- | -- |
| 08/27/2021 08/27/21 | Pending | -- | -- | -- |
| 07/20/2021 07/20/21 | For Sale | $145,000 | 0.0% | $147 / Sq Ft |
| 07/14/2021 07/14/21 | For Sale | $145,000 | +70.6% | $147 / Sq Ft |
| 11/27/2015 11/27/15 | Sold | $85,000 | -5.5% | $86 / Sq Ft |
| 11/20/2015 11/20/15 | Pending | -- | -- | -- |
| 08/27/2015 08/27/15 | For Sale | $89,900 | +104.3% | $91 / Sq Ft |
| 10/25/2012 10/25/12 | Sold | $44,000 | -18.7% | $45 / Sq Ft |
| 09/25/2012 09/25/12 | Pending | -- | -- | -- |
| 07/19/2012 07/19/12 | For Sale | $54,100 | -- | $55 / 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 |
|---|---|---|---|---|
| 2024 | $2,664 | $145,900 | $33,500 | $112,400 |
| 2023 | $2,536 | $145,900 | $33,500 | $112,400 |
| 2022 | $2,724 | $116,500 | $27,500 | $89,000 |
| 2021 | $2,408 | $116,500 | $27,500 | $89,000 |
| 2020 | $2,502 | $96,500 | $24,500 | $72,000 |
| 2019 | $2,258 | $96,500 | $24,500 | $72,000 |
| 2018 | $2,234 | $84,000 | $21,300 | $62,700 |
| 2017 | $2,072 | $84,000 | $21,300 | $62,700 |
| 2016 | $2,018 | $76,600 | $19,200 | $57,400 |
| 2015 | $2,018 | $76,600 | $19,200 | $57,400 |
| 2014 | $1,854 | $72,400 | $18,100 | $54,300 |
Source: Public Records
Source: Des Moines Area Association of REALTORS®
MLS Number: 404320
APN: 010-01831002000
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