NOT LISTED FOR SALE

404 E Payton Ave Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $175,000 - $181,686

2 Beds
1 Bath
800 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 28, 2014

Last sale price $37,500 $47 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $1,232/month

25 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Dining Area
  • No HOA

About This Home

As of October 2014

Agents and Family members of REMAX Real Estate Concepts and Realty Xperts are ineligible to purchase Freddie Mac owned properties, No offers will be accepted within first 48 hours During the first 20 days a property is in MLS, only owner occupant offers or those from a public entity or designated partner will be considered. Investor offers will be considered after the 20th day if property is still available. Up to $500 credit for HOW of buyer's choice. Home inspection is for buyers knowledge only. Water will NOT be turned on. Purchaser should utilize alternative means to determine plumbing condition such as an air pressure test.

Last Agent to Sell the Property

Seth Walker

RE/MAX Concepts Listed on: 10/03/2014

RE/MAX Concepts

Last Buyer's Agent

Seth Walker

RE/MAX Concepts Listed on: 10/03/2014

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 7,049 Sq Ft Lot
  • Lot Dimensions are 53x133

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 800 Sq Ft Home
  • Dining Area
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12003479001000

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 56.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 47.00
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 768
  • Dining Room: Dining Areas
  • Living Area Sq Ft: 800
  • Total Sq Ft: 800

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1620
  • Lot S F: 7049
  • Lot Size: 53x133
  • Assessor Parcel Number: 12003479001000
  • 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: 2488.00
  • Net Taxes: 2488.00
  • Assessor Parcel Number: 404EPAYTONAVEPOLKDESMOINE50315

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 22, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Summit Development And Construction Co
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Seth Walker
RE/MAX Concepts
List Price
$44,900
Sold Price
$37,500
Premium/Discount to List
-$7,400
-16.48%
Current Estimated Value
$178,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,922
Avg. Annual Appreciation
15.46%

Purchase Details

Closed on
Oct 7, 2013
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 25, 2013
Sold by
Veach Brad and Gearhart Kassandra
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 19, 2006
Sold by
Veach Benjamin T and Veach Brad
Bought by
Veach Brad and Gearhart Kassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Duff Brandon A
Bought by
Veach Benjamin T and Veach Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,640
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2001
Sold by
Carrao Bobi
Bought by
Duff Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.88%

Purchase Details

Closed on
Oct 18, 2001
Sold by
Hanson Ralph E and Hanson Ruby G
Bought by
Carrao Bobi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.88%
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
Summit Development And Construction Co -- Servicelink
Federal Home Loan Mortgage Corporation -- None Available
Bank Of America Na -- None Available
Veach Brad -- None Available
Veach Benjamin T $87,500 --
Duff Brandon $85,500 --
Carrao Bobi $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Veach Brad $105,000
Previous Owner Veach Benjamin T $86,640
Previous Owner Duff Brandon $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Pending -- -- --
10/28/2014 10/28/14 Sold $37,500 -16.5% $47 / Sq Ft
10/03/2014 10/03/14 For Sale $44,900 -- $56 / 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 $3,142 $159,700 $29,900 $129,800
2023 $3,040 $159,700 $29,900 $129,800
2022 $3,018 $129,000 $24,500 $104,500
2021 $2,834 $129,000 $24,500 $104,500
2020 $2,946 $113,600 $21,600 $92,000
2019 $2,736 $113,600 $21,600 $92,000
2018 $2,708 $101,800 $19,000 $82,800
2017 $2,510 $101,800 $19,000 $82,800
2016 $2,446 $92,800 $17,200 $75,600
2015 $2,446 $92,800 $17,200 $75,600
2014 $2,582 $97,200 $17,700 $79,500
Source: Public Records

Agents Affiliated with this Home

  • Seth Walker

    Seller's Agent in 2014

    Seth Walker

    RE/MAX

    (515) 577-3728

    13 in this area

    521 Total Sales

    Seth Walker
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 443638

Des Moines Area Association of REALTORS®

APN: 120-03479001000

Iowa Polk County Des Moines 50315 South Central DSM

404 E Payton Ave, Des Moines, IA

This home is located at 404 E Payton Ave, Des Moines, IA 50315 since 03 October 2014 and is currently estimated at $178,422, approximately $223 per square foot. This property was built in 1990. 404 E Payton Ave is a home located in Polk County with nearby schools including Lovejoy Elementary School, Mccombs 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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