$195,000
SOLD JUN 24, 2025

408 E Payton Ave Des Moines, IA 50315

South Central DSM Neighborhood
2 Beds
1.5 Baths
800 Sq Ft
7,049 Sq Ft Lot

Recently Sold

$244 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Eat-In Kitchen
  • Property is Fully Fenced

About This Home

As of June 2025

This home is located at 408 E Payton Ave, Des Moines, IA 50315 and is currently priced at $195,000, approximately $243 per square foot. This property was built in 1990. 408 E Payton Ave is a home located in Polk County with nearby schools including Lovejoy Elementary School, Mccombs Middle School, and Lincoln High School.

Last Agent to Sell the Property

Rosie Hteemoo

PROmetro Realty Listed on: 05/07/2025

Last Buyer's Agent

Beatris Mayorga

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,269

Year Built

  • Built in 1990

Lot Details

  • 7,049 Sq Ft Lot
  • Lot Dimensions are 53x133
  • Property is Fully Fenced
  • Property is zoned R1-60

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Modern Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 800 Sq Ft Home
  • Vinyl Flooring
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Madden

Listing and Financial Details

  • Assessor Parcel Number 12003480002000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,269

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Architecture: Modern
  • Homebuilder: Madden
  • Lp Amt Sq Ft: 247.50
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 243.75
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement Description: Finished, Walkout
  • Dining Room: Eat In Kitchen
  • Living Area Sq Ft: 800
  • Total Sq Ft: 800

Exterior Features

  • Exterior: Frame
  • Exterior Features: Deck, Fully Fenced Yard
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1620
  • Lot S F: 7049
  • Lot Shape: Regular
  • Lot Size: 53X133
  • Assessor Parcel Number: 12003480002000
  • Zoning: R1-60

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: 3268.74
  • Net Taxes: 3062.86

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Jun 3, 2025
Sold by
Keh Chit and Soe Taw Nay
Bought by
Ramos Deimy S and Romero Allen
Seller's Agent
Rosie Hteemoo
PROmetro Realty
Buyer's Agent
Beatris Mayorga
RE/MAX Precision
List Price
$198,000
Sold Price
$195,000
Premium/Discount to List
-$3,000
-1.52%
Views
6
Current Estimated Value
$194,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$987
Avg. Annual Appreciation
-0.95%
Original Mortgage
$191,468
Outstanding Balance
$190,976
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$3,037

Purchase Details

Closed on
Mar 21, 2022
Sold by
Nay Soe Taw and Nay Chit
Bought by
Soe Taw Nay and Chaing Chit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2018
Closed on
Mar 27, 2019
Sold by
Hollingshead Carol E and Allen Robert
Bought by
Soe Taw Nay
Seller's Agent
Toren Luloff
LPT Realty, LLC
Buyer's Agent
Seth Walker
RE/MAX Concepts
List Price
$119,900
Sold Price
$116,000
Premium/Discount to List
-$3,900
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$92,800
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $195,000 None Listed On Document
Warranty Deed $195,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $116,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,468 FHA
Closed $191,468 FHA
Previous Owner $70,000 New Conventional
Previous Owner $92,800 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2025 06/24/25 Sold $195,000 -1.5% $244 / Sq Ft
05/11/2025 05/11/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $198,000 +70.7% $248 / Sq Ft
03/27/2019 03/27/19 Sold $116,000 -3.3% $145 / Sq Ft View Prior Sale
02/25/2019 02/25/19 Pending -- -- --
10/16/2018 10/16/18 For Sale $119,900 -- $150 / 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
2025 $2,820 $173,200 $34,100 $139,100
2024 $2,820 $153,800 $29,900 $123,900
2023 $2,718 $153,800 $29,900 $123,900
2022 $2,696 $124,200 $24,500 $99,700
2021 $2,518 $124,200 $24,500 $99,700
2020 $2,610 $109,500 $21,600 $87,900
2019 $2,410 $109,500 $21,600 $87,900
2018 $1,912 $98,200 $19,000 $79,200
2017 $1,742 $98,200 $19,000 $79,200
2016 $1,680 $90,300 $17,200 $73,100
2015 $1,680 $90,300 $17,200 $73,100
2014 $1,720 $94,500 $17,700 $76,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Rosie Hteemoo

    PROmetro Realty

    (515) 777-9533

    2 in this area

    18 Total Sales

    Rosie Hteemoo
    Section Image
  • Beatris Mayorga

    Buyer's Agent in 2025

    Beatris Mayorga

    RE/MAX

    (515) 612-2702

    14 in this area

    386 Total Sales

    Beatris Mayorga
    Section Image
  • Toren Luloff

    Seller's Agent in 2019

    Toren Luloff

    LPT Realty, LLC

    (515) 229-3380

    11 Total Sales

    Toren Luloff
    Section Image
  • Seth Walker

    Buyer's Agent in 2019

    Seth Walker

    RE/MAX

    (515) 577-3728

    12 in this area

    494 Total Sales

    Seth Walker
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 717596

Des Moines Area Association of REALTORS®

APN: 120-03480002000

Iowa Polk County Des Moines 50315 South Central DSM

408 E Payton Ave, Des Moines, IA

Sold

Detached

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