4505 51st St Des Moines, IA 50310
Meredith Neighborhood
--
Bed
2
Baths
2,260
Sq Ft
9,855
Sq Ft Lot
Highlights
- 2 Kitchens
- No HOA
- Forced Air Heating and Cooling System
- Johnston Middle School Rated A-
About This Home
As of December 2016Tenant pays utilities and is responsible for lawn care and snow removal. Property has good cash flow and rental history. Rental certificates are up to date. The three bedroom rents for $1,085 and the two bedroom rents for $885.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,436
Year Built
- Built in 1980
Lot Details
- 9,855 Sq Ft Lot
- Lot Dimensions are 73x135
Parking
- 2 Car Detached Garage
Home Design
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,260 Sq Ft Home
- 2-Story Property
- 2 Kitchens
- Unfinished Basement
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 10012844549000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $1,970
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 6, 2018
Sold by
Archer Brant A and Archer Robin
Bought by
Archer Rental Properties Llc
Purchase Details
Closed on
Dec 22, 2017
Sold by
Anderson Dane and Anderson Jennifer
Bought by
Archer Brant A and Archer Robin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,456
Outstanding Balance
$179,507
Interest Rate
3.9%
Mortgage Type
VA
Estimated Equity
$117,898
Purchase Details
Listed on
Aug 19, 2016
Closed on
Dec 8, 2016
Sold by
Henderson Cheryl J Mckoy and Michael Mckoy J
Bought by
Anderson Dane and Anderson Jennifer
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Brett Fine
RE/MAX Concepts
List Price
$185,000
Sold Price
$183,000
Premium/Discount to List
-$2,000
-1.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Purchase Details
Closed on
May 14, 2008
Sold by
Mckoy Henderson Cheryl J and Michael Mckoy J
Bought by
Mckoy Henderson Cheryl J
Purchase Details
Closed on
Nov 28, 2005
Sold by
Erickson Family Lc
Bought by
Mckoy J Michael and Mckoy Henderson Cheryl J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.17%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 15, 1999
Sold by
The Erickson Corp
Bought by
Erickson Family Lc
Similar Homes in Des Moines, IA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $210,000 | Fidelity Bank | |
| Warranty Deed | $183,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $169,500 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $211,456 | VA | |
| Previous Owner | $185,000 | Credit Line Revolving | |
| Previous Owner | $153,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Price Changed | $345,000 | -4.2% | $153 / Sq Ft |
| 06/17/2025 06/17/25 | For Sale | $360,000 | +96.7% | $159 / Sq Ft |
| 12/09/2016 12/09/16 | Sold | $183,000 | -1.1% | $81 / Sq Ft |
| 11/22/2016 11/22/16 | Pending | -- | -- | -- |
| 08/19/2016 08/19/16 | For Sale | $185,000 | -- | $82 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $5,128 | $265,600 | $47,300 | $218,300 |
| 2023 | $5,014 | $265,600 | $47,300 | $218,300 |
| 2022 | $5,528 | $223,900 | $42,200 | $181,700 |
| 2021 | $5,501 | $223,900 | $42,200 | $181,700 |
| 2020 | $5,236 | $205,700 | $39,400 | $166,300 |
| 2019 | $4,780 | $205,700 | $39,400 | $166,300 |
| 2018 | $4,820 | $182,100 | $34,500 | $147,600 |
| 2017 | $4,638 | $182,100 | $34,500 | $147,600 |
| 2016 | $4,436 | $168,900 | $31,400 | $137,500 |
| 2015 | $4,436 | $168,900 | $31,400 | $137,500 |
| 2014 | $4,632 | $174,600 | $32,000 | $142,600 |
Source: Public Records
Agents Affiliated with this Home
-
David Welch
Seller's Agent in 2025
David Welch
RE/MAX
(515) 201-4203
264 Total Sales
-
Seth Walker
Seller's Agent in 2016
Seth Walker
RE/MAX
(515) 577-3728
20 in this area
530 Total Sales
-
Brett Fine
Buyer's Agent in 2016
Brett Fine
RE/MAX
(515) 314-8673
166 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 524087
APN: 100-12844549000
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