NOT LISTED FOR SALE

400 Leach Ave Des Moines, IA 50315

Watrous Heights Neighborhood

Estimated Value: $123,000 - $143,467

2 Beds
1 Bath
760 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $32,000 $42 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $892/month

67 Days on Market

Highlights

  • 0.45 Acre Lot
  • No HOA
  • Forced Air Heating System
  • Main Floor Primary Bedroom
  • Bungalow
  • Dining Area

About This Home

As of July 2015

Investor opportunity or handyman special! This is not a foreclosure or short sale. Own this home for $37,000 less than the assessed value. The home sits on almost 1/2 acre of land. One attached garage and 2 one car detached garages. Front porch and back porch. The home is just in need of some updating to bring it back to life. Foundation is in great condition. Bring offers!!

Last Listed By

Lance Martinson

RE/MAX Revolution Listed on: 04/13/2015

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 0.45 Acre Lot
  • Property is zoned R1-70

Home Design

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

Interior Spaces

  • 760 Sq Ft Home
  • Dining Area
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 2 Garage Spaces | 1 Attached and 1 Detached
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12004952001000

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 46.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 42.11
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 760
  • Dining Room: Dining Areas
  • Living Area Sq Ft: 760
  • Total Sq Ft: 760

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage: 1 Attached, 1 Detached

Utilities

  • Sewer: Septic
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.4450
  • Qualifier Acres: More or Less
  • Lot S F: 19402
  • Assessor Parcel Number: 12004952001000
  • Zoning: R1-70

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: 1864.00
  • Net Taxes: 1636.00
  • Assessor Parcel Number: 400LEACHAVEPOLKDESMOINE50315

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jul 13, 2015
Sold by
The Matter Of The Estate Of Alan Arthur and Gooding Harriett
Bought by
Vertz William
Seller's Agent
Lance Martinson
RE/MAX Revolution
Buyer's Agent
Lance Martinson
RE/MAX Revolution
List Price
$46,600
Sold Price
$32,000
Premium/Discount to List
-$14,600
-31.33%
Total Days on Market
67
Current Estimated Value
$135,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,617
Avg. Annual Appreciation
15.08%

Purchase Details

Closed on
Mar 18, 1999
Sold by
Hoover Dorothy M and Hoover Dorothy
Bought by
Hoover Alan Arthur

Range of Values:

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Average Value
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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
Vertz William $32,000 Attorney
Hoover Alan Arthur -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2015 07/20/15 Sold $32,000 -31.3% $42 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $46,600 -- $61 / 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 $1,640 $83,400 $39,800 $43,600
2023 $1,562 $83,400 $39,800 $43,600
2022 $1,550 $66,300 $32,800 $33,500
2021 $1,564 $66,300 $32,800 $33,500
2020 $1,626 $62,700 $30,600 $32,100
2019 $2,024 $62,700 $30,600 $32,100
2018 $2,004 $75,300 $26,800 $48,500
2017 $1,912 $75,300 $26,800 $48,500
2016 $1,634 $70,700 $24,800 $45,900
2015 $1,634 $70,700 $24,800 $45,900
2014 -- $72,800 $24,900 $47,900
Source: Public Records

Agents Affiliated with this Home

  • Lance Martinson

    Seller's Agent in 2015

    Lance Martinson

    RE/MAX

    (515) 371-8765

    3 in this area

    366 Total Sales

    Lance Martinson
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 452388

Des Moines Area Association of REALTORS®

APN: 120-04952001000

Iowa Polk County Des Moines 50315 Watrous Heights

400 Leach Ave, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 400 Leach Ave, Des Moines, IA 50315 since 13 April 2015 and is currently estimated at $135,617, approximately $178 per square foot. This property was built in 1933. 400 Leach Ave is a home located in Polk County with nearby schools including South Union 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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