NOT LISTED FOR SALE

408 E Payton Ave Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $184,272

2 Beds
1.5 Baths
800 Sq Ft
$230/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2025

Last sale price $195,000 $244 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,256 / mo

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 since 07 May 2025 and is currently estimated at $184,272, approximately $230 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

NextHome Your Way Listed on: 05/07/2025

NextHome Your Way

Last Buyer's Agent

Beatris Mayorga

RE/MAX Precision

RE/MAX Precision

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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

7,049 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Rosie Hteemoo
NextHome Your Way
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
$184,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,728
Avg. Annual Appreciation
-4.50%
Original Mortgage
$191,468
Outstanding Balance
$189,074
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
-$4,802

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
3.69%
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
6.38%
Original Mortgage
$92,800
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Central DSM, IA

  • Abby Woosley Real Estate Agent - Century 21 Signature Real Estate

    Abby Woosley

    Century 21 Signature Real Estate

    (641) 354-5937

    118 Total Sales

    1 in South Central DSM

    $255,000 Price

    Abby Woosley
     Section Image
  • Dustin Kupka Real Estate Agent - RE/MAX Precision

    Dustin Kupka

    RE/MAX Precision

    (515) 400-4115

    209 Total Sales

    1 in South Central DSM

    $208,000 Price

    Dustin Kupka
     Section Image
  • Jolene Lindell Real Estate Agent - Realty ONE Group Impact

    Jolene Lindell

    Realty ONE Group Impact

    (414) 626-7449

    47 Total Sales

    2 in South Central DSM

    $185K - $196K Price Range

    Jolene Lindell
     Section Image
  • Kayla McCormick Real Estate Agent - EXP Realty, LLC

    Kayla McCormick

    EXP Realty, LLC

    (712) 589-5583

    85 Total Sales

    1 in South Central DSM

    $205,000 Price

    Kayla McCormick
     Section Image
  • Roger Wheeler Real Estate Agent - CENTURY 21 SIGNATURE-Ames

    Roger Wheeler

    CENTURY 21 SIGNATURE-Ames

    (515) 461-6831

    325 Total Sales

    2 in South Central DSM

    $127,500 Price Range

    Roger Wheeler
     Section Image
  • Julie Lovitt Real Estate Agent - NextHome Your Way

    Julie Lovitt

    NextHome Your Way

    (402) 251-2081

    37 Total Sales

    2 in South Central DSM

    $99K - $216K Price Range

    Julie Lovitt
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 None Listed On Document
Soe Taw Nay -- None Listed On Document
Soe Taw Nay $116,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $191,468
Previous Owner Soe Taw Nay $70,000
Previous Owner Soe Taw Nay $92,800
Previous Owner Hollingshead Carol E $55,199
Previous Owner Hollingshead Carol E $26,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • RH

    Seller's Agent in 2025

    Rosie Hteemoo

    NextHome Your Way

    (515) 777-9533

    3 in this area

    32 Total Sales

    Rosie Hteemoo
    Section Image
  • Beatris Mayorga Real Estate Agent - RE/MAX

    Buyer's Agent in 2025

    Beatris Mayorga

    RE/MAX

    (515) 612-2702

    13 in this area

    370 Total Sales

    Beatris Mayorga
    Section Image
  • Toren Luloff Real Estate Agent - LPT Realty, LLC

    Seller's Agent in 2019

    Toren Luloff

    LPT Realty, LLC

    (515) 229-3380

    6 Total Sales

    Toren Luloff
    Section Image
  • Seth Walker Real Estate Agent - RE/MAX

    Buyer's Agent in 2019

    Seth Walker

    RE/MAX

    (515) 577-3728

    8 in this area

    443 Total Sales

    Seth Walker
    Section Image
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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

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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