$36,000
SOLD MAY 3, 2017
2 Beds
1 Bath
738 Sq Ft
6,900 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

15% Below List Price

54 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Family Room
  • No HOA
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of March 2018

Excellent opportunity to own this home foe over $42,000 below assessed value! Two bedroom, one bath, 738sf bungalow with plenty of potential and a large 28 x 32 detached garage! Front deck, enclosed front entry and all just minutes from shopping and downtown Des Moines! This is a Fannie Mae HomePath property. Visit the HomePath website for more information on this home and others offered by Fannie Mae.

Last Agent to Sell the Property

Diana Pastor

Country Estates Realty Listed on: 03/10/2017

Last Buyer's Agent

Jenna Lago

Realty ONE Group Impact

Realty ONE Group Impact

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 50x138

Home Design

  • Bungalow
  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 738 Sq Ft Home
  • Family Room
  • Dining Area
  • Stove
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07001723000000

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 49.46
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 48.78
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Hardwood Floors, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 399
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Included Items: Stove
  • Living Area Sq Ft: 738
  • Total Sq Ft: 738

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1580
  • Lot S F: 6900
  • Lot Shape: Regular
  • Lot Size: 50X138
  • Assessor Parcel Number: 07001723000000
  • Zoning: R

Green Features

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

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1858.00
  • Net Taxes: 1858.00
  • Tax Year: 2016

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Mar 27, 2018
Sold by
Gny Investments Llc
Bought by
Kelley Shayelyn A and Dearmond Mason G
Seller's Agent
Jenna Lago
Realty ONE Group Impact
Buyer's Agent
Sarah Muench
Iowa Realty Beaverdale
List Price
$117,000
Sold Price
$102,000
Premium/Discount to List
-$15,000
-12.82%
Current Estimated Value
$146,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,608
Avg. Annual Appreciation
4.94%
Original Mortgage
$98,940
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2017
Closed on
May 2, 2017
Sold by
Federal National Mortgage Association
Bought by
Gny Investments Llc
Seller's Agent
Diana Pastor
Country Estates Realty
Buyer's Agent
Jenna Lago
Realty ONE Group Impact
List Price
$42,500
Sold Price
$36,000
Premium/Discount to List
-$6,500
-15.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
218.09%

Purchase Details

Closed on
Jan 31, 2017
Sold by
Gibson Justin Michael and Link Justim M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 23, 2004
Sold by
Steven L Wolvers Properties Inc
Bought by
Gibson Phillip M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1999
Sold by
Reese Forest G and Reese Cynthia S
Bought by
Steven L Wolfvers Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
7.04%
Source: Public Records

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    Section Image

Range of Values:

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List 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 Type Sale Price Title Company
Warranty Deed $102,000 None Available
Warranty Deed -- None Available
Sheriffs Deed $39,400 None Available
Corporate Deed $79,500 --
Warranty Deed $61,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $99,600 New Conventional
Closed $98,940 New Conventional
Previous Owner $68,000 Unknown
Previous Owner $16,000 Commercial
Previous Owner $75,500 Fannie Mae Freddie Mac
Previous Owner $75,000 Purchase Money Mortgage
Previous Owner $49,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $102,000 -12.8% $138 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
10/05/2017 10/05/17 For Sale $117,000 +225.0% $159 / Sq Ft
05/03/2017 05/03/17 Sold $36,000 -15.3% $49 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $42,500 -- $58 / 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 $2,426 $133,800 $25,700 $108,100
2023 $2,298 $133,800 $25,700 $108,100
2022 $2,278 $106,400 $21,700 $84,700
2021 $2,154 $106,400 $21,700 $84,700
2020 $2,232 $94,900 $19,400 $75,500
2019 $2,126 $94,900 $19,400 $75,500
2018 $2,330 $87,600 $17,600 $70,000
2017 $1,912 $87,600 $17,600 $70,000
2016 $1,858 $79,200 $15,900 $63,300
2015 $1,858 $79,200 $15,900 $63,300
2014 $1,780 $78,400 $15,500 $62,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 534067

Des Moines Area Association of REALTORS®

APN: 070-01723000000