NOT LISTED FOR SALE

420 Olinda Ave Des Moines, IA 50315

Indianola Hills Neighborhood

Estimated Value: $111,000 - $184,000

3 Beds
1 Bath
1,551 Sq Ft
$103/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $65,100 $42 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,068/month

227 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of April 2013

The ideal NFC owner-occupied fixer-upper. This home features hardwood floors throughout, built-ins and original craftsman-style trim. 3rd bedroom is non-conforming but could also be used as 2nd living or dining room. Energy efficient furnace. Call your Realtor for a private showing today.

Last Agent to Sell the Property

David Welch

RE/MAX Precision Listed on: 08/31/2012

RE/MAX Precision

Last Buyer's Agent

Roberta McAfee

McAfee Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 7,992 Sq Ft Lot
  • Lot Dimensions are 54x148

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,551 Sq Ft Home
  • 1 Fireplace
  • Formal Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01001007000000

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 45.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 42.00
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1491
  • Dining Room: Formal Dining Rm
  • Living Area Sq Ft: 1551
  • Total Sq Ft: 1551

Exterior Features

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

Garage/Parking

  • Driveway: Gravel

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1800
  • Lot S F: 7992
  • Lot Shape: Regular
  • Lot Size: 54x148
  • Assessor Parcel Number: 01001007000000
  • 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: 2393.00
  • Net Taxes: 2393.00
  • Assessor Parcel Number: 420OLINDAAVEPOLKDESMOINE50315

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2012
Closed on
Apr 10, 2013
Sold by
Welch Chad and Welch Michal
Bought by
Fifth Llc
Seller's Agent
David Welch
RE/MAX Precision
Buyer's Agent
Roberta McAfee
McAfee Realty
List Price
$112,500
Sold Price
$65,100
Premium/Discount to List
-$47,400
-42.13%
Current Estimated Value
$151,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,900
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Sep 7, 2006
Sold by
Walker Seth D
Bought by
Welch Chad and Welch Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,300
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2006
Sold by
Welch Chad and Welch Michal
Bought by
Walker Seth D

Purchase Details

Closed on
Feb 1, 2006
Sold by
Walker Seth D
Bought by
Welch Chad and Welch Michal

Purchase Details

Closed on
Oct 17, 2005
Sold by
Deutsche Bank National Trust Co
Bought by
Walker Seth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 19, 2005
Sold by
Tighe Jason R and Tighe Nicole R
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Feb 10, 2003
Sold by
Jones Charles A and Jones Laura J
Bought by
Tighe Jason R and Tighe Nicole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
9.75%

Purchase Details

Closed on
Aug 6, 2001
Sold by
Falkoski Diane
Bought by
Jones Charles A and Jones Laura J

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
7.15%

Purchase Details

Closed on
May 24, 2000
Sold by
Falkoski Diane
Bought by
Tighe Jason Russell and Tighe Nicole Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
10%
Mortgage Type
Seller Take Back
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
Fifth Llc $65,500 None Available
Welch Chad $122,500 None Available
Walker Seth D -- None Available
Welch Chad $107,500 None Available
Walker Seth D $76,000 Bankers & Lenders Title
Deutsche Bank National Trust Co $95,965 --
Tighe Jason R $99,500 --
Jones Charles A -- --
Tighe Jason Russell $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fifth Llc $885,000
Previous Owner Welch Chad $12,300
Previous Owner Welch Chad $98,400
Previous Owner Walker Seth D $81,500
Previous Owner Tighe Jason R $104,000
Previous Owner Jones Charles A $80,000
Previous Owner Tighe Jason Russell $94,500
Closed Welch Chad $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $65,100 -42.1% $42 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
08/31/2012 08/31/12 For Sale $112,500 -- $73 / 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 $2,892 $147,000 $23,200 $123,800
2023 $2,698 $147,000 $23,200 $123,800
2022 $2,678 $114,500 $18,800 $95,700
2021 $2,466 $114,500 $18,800 $95,700
2020 $2,562 $98,800 $16,400 $82,400
2019 $2,422 $98,800 $16,400 $82,400
2018 $2,396 $90,100 $14,800 $75,300
2017 $2,224 $90,100 $14,800 $75,300
2016 $2,166 $82,200 $13,500 $68,700
2015 $2,166 $82,200 $13,500 $68,700
2014 $2,202 $82,900 $13,400 $69,500
Source: Public Records

Agents Affiliated with this Home

  • David Welch

    Seller's Agent in 2013

    David Welch

    RE/MAX

    (515) 201-4203

    1 in this area

    262 Total Sales

    Section Image

  • R

    Buyer's Agent in 2013

    Roberta McAfee

    McAfee Realty

    (515) 251-4570

    3 in this area

    37 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 406220

Des Moines Area Association of REALTORS®

APN: 010/01007-000-000

Iowa Polk County Des Moines 50315 Indianola Hills

420 Olinda Ave, Des Moines, IA

This home is located at 420 Olinda Ave, Des Moines, IA 50315 since 31 August 2012 and is currently estimated at $159,333, approximately $102 per square foot. This property was built in 1925. 420 Olinda Ave is a home located in Polk County with nearby schools including Park Avenue 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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