4136 51st St Des Moines, IA 50310
Merle Hay Neighborhood
2
Beds
1
Bath
854
Sq Ft
8,400
Sq Ft Lot
Highlights
- Ranch Style House
- Forced Air Heating and Cooling System
- Carpet
- Formal Dining Room
About This Home
As of March 2015Here is an excellent opportunity for an investor to paint themselves a bargain! The bones are good on this home, built in 1940 with over 840 sf of finished area, including 2 bedrooms, 1 full bathroom, large living room, dining room and 1st floor laundry. Bargain priced to sell at well below the Assessed value of $82,500 and has newer furnace, central air, vinyl siding and roof.
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 8,400 Sq Ft Lot
- Property is zoned R1-60
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 854 Sq Ft Home
- Drapes & Rods
- Formal Dining Room
- Crawl Space
- Stove
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- Gravel Driveway
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 10000370000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2014
Closed on
Feb 24, 2015
Sold by
J Davidson Llc
Bought by
Stonebraker Jeanette E
Seller's Agent
Carrie Webber
Realty ONE Group Impact
Buyer's Agent
Angela Boyle
Realty ONE Group Impact
List Price
$96,900
Sold Price
$85,000
Premium/Discount to List
-$11,900
-12.28%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,554
Avg. Annual Appreciation
6.76%
Original Mortgage
$83,460
Outstanding Balance
$65,080
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$100,738
Purchase Details
Listed on
Nov 7, 2013
Closed on
Nov 18, 2013
Sold by
Ford Kelly L
Bought by
J Davidson Llc
Seller's Agent
Dave White
RE/MAX Concepts
Buyer's Agent
Dave White
RE/MAX Concepts
List Price
$55,000
Sold Price
$43,350
Premium/Discount to List
-$11,650
-21.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.55%
Purchase Details
Closed on
Apr 7, 1997
Sold by
Stonehocker Ralph and Stonehocker Sue
Bought by
Ford Kelly L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,828
Interest Rate
7.92%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 25, 1997
Sold by
Westphal Brad
Bought by
Stonehocker Ralph E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,828
Interest Rate
7.92%
Mortgage Type
FHA
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $85,000 | None Available | |
| Warranty Deed | $43,500 | None Available | |
| Warranty Deed | $55,500 | -- | |
| Warranty Deed | $47,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $83,460 | FHA | |
| Previous Owner | $55,828 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2015 03/16/15 | Sold | $85,000 | -12.3% | $100 / Sq Ft |
| 03/16/2015 03/16/15 | Pending | -- | -- | -- |
| 02/19/2014 02/19/14 | For Sale | $96,900 | +123.5% | $113 / Sq Ft |
| 11/20/2013 11/20/13 | Pending | -- | -- | -- |
| 11/19/2013 11/19/13 | Sold | $43,350 | -21.2% | $51 / Sq Ft |
| 11/07/2013 11/07/13 | For Sale | $55,000 | -- | $64 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
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 | $2,520 | $138,600 | $41,500 | $97,100 |
| 2023 | $2,598 | $138,600 | $41,500 | $97,100 |
| 2022 | $2,576 | $119,100 | $36,500 | $82,600 |
| 2021 | $2,578 | $119,100 | $36,500 | $82,600 |
| 2020 | $2,672 | $111,900 | $34,000 | $77,900 |
| 2019 | $2,446 | $111,900 | $34,000 | $77,900 |
| 2018 | $2,416 | $99,500 | $29,800 | $69,700 |
| 2017 | $2,218 | $99,500 | $29,800 | $69,700 |
| 2016 | $2,156 | $90,500 | $26,700 | $63,800 |
| 2015 | $2,156 | $90,500 | $26,700 | $63,800 |
| 2014 | $1,955 | $82,500 | $24,000 | $58,500 |
Source: Public Records
Source: Des Moines Area Association of REALTORS®
MLS Number: 427299
APN: 100-00370000000
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