NOT LISTED FOR SALE

Estimated Value: $223,000 - $246,257

3 Beds
1.5 Baths
1,088 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $115,000 $106 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,581/month

44 Days on Market

About This Home

As of December 2013

Fantastic Opportunity with this home in a fantastic location. Tucked away on a quiet cul-de-sac just off of Douglas and close to Merle Hay Mall, this one owner home is ready for its next owner. The home could benefit from some updating, but the bones are good. There is a full bath and a half bath off one of the bedrooms as well. The basement has poured concrete walls, instead of block, which is rare for a home of this age, that means this home has never had water issues! You will love the 2 car detached garage as well. Come in and make this home your own. This is a great home for a flipper, investor or an owner. Come take a look today!

Last Agent to Sell the Property

Mark Charter

Agency Iowa Listed on: 10/30/2013

Last Buyer's Agent

Richard Hudnut

RE/MAX Concepts

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 10,000 Sq Ft Lot
  • Property is zoned R1-60

Parking

  • 2 Car Detached Garage

Home Design

  • 1,088 Sq Ft Home
  • Ranch Style House

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 10010117010000

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 108.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 106.00
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Unfinished
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1088
  • Total Sq Ft: 1088

Exterior Features

  • Foundation: Poured

Garage/Parking

  • Garage: 2 Detached

Utilities

  • Air Conditioner: Central

Lot Info

  • Acres: 0.2300
  • Lot S F: 10000
  • Assessor Parcel Number: 10010117010000
  • 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: 3026.00
  • Net Taxes: 2778.00
  • Assessor Parcel Number: 4505FLAMINGOCTPOLKDESMOINE50310

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2013
Closed on
Dec 14, 2013
Sold by
Messick Vera E and Leibold Kelvin
Bought by
Busse William N and Busse Bridget M
Seller's Agent
Mark Charter
Agency Iowa
Buyer's Agent
Richard Hudnut
RE/MAX Concepts
List Price
$118,000
Sold Price
$115,000
Premium/Discount to List
-$3,000
-2.54%
Current Estimated Value
$235,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,064
Avg. Annual Appreciation
6.17%
Original Mortgage
$93,610
Outstanding Balance
$69,718
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$165,346
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 Buyer Sale Price Title Company
Busse William N $115,000 None Available
Messick Vera E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busse William N $93,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $115,000 -2.5% $106 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $118,000 -- $108 / 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 $4,084 $241,200 $54,200 $187,000
2024 $4,084 $218,100 $48,300 $169,800
2023 $3,912 $218,100 $48,300 $169,800
2022 $3,882 $174,900 $40,300 $134,600
2021 $3,956 $174,900 $40,300 $134,600
2020 $4,104 $167,100 $38,400 $128,700
2019 $3,830 $167,100 $38,400 $128,700
2018 $3,786 $151,000 $34,000 $117,000
2017 $3,366 $151,000 $34,000 $117,000
2016 $3,276 $133,000 $29,500 $103,500
2015 $3,276 $133,000 $29,500 $103,500
2014 $3,092 $125,100 $27,300 $97,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 426899

Des Moines Area Association of REALTORS®

APN: 100-10117010000