NOT LISTED FOR SALE

4509 SW 5th St Des Moines, IA 50315

Watrous Heights Neighborhood

Estimated Value: $190,000 - $247,331

3 Beds
2 Baths
928 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $118,003 $127 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,549/month

161 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2017

Many updates made but still an opportunity to build some sweat equity. Easy commute to downtown. No offers will be accepted within first 48 hours During the first 20 days a property is in MLS, only owner occupant offers or those from a public entity or designated partner will be considered. Investor offers will be considered after the 20th day if property is still available. This property is eligible under the Freddie Mac First Look Initiative through 11/22/2016. Up to $500 credit for HOW of buyer's choice, applies to Owner Occupants only. Home inspection is for buyers knowledge only.

Last Agent to Sell the Property

Seth Walker

RE/MAX Concepts Listed on: 11/02/2016

RE/MAX Concepts

Last Buyer's Agent

Laura Slavin

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 60x175
  • Property is zoned R1-60

Parking

  • 1 Car Detached Garage

Home Design

  • Split Level Home
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 928 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12003216001000

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Split Level
  • Lp Amt Sq Ft: 118.43
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 127.16
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 900
  • Sq Ft Fin Bsmt: 540
  • Living Area Sq Ft: 928
  • Total Sq Ft: 928

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle

Garage/Parking

  • Garage: 1 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2410
  • Lot S F: 10500
  • Lot Size: 60X175
  • Assessor Parcel Number: 12003216001000
  • 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: 3248.00
  • Net Taxes: 3248.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Apr 12, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Alvarado Romero Juan Pablo
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Laura Slavin
RE/MAX Precision
List Price
$109,900
Sold Price
$118,003
Premium/Discount to List
$8,103
7.37%
Current Estimated Value
$214,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,830
Avg. Annual Appreciation
7.48%
Original Mortgage
$115,864
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2016
Sold by
Ditech Financial Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 23, 2016
Sold by
Sheriff Of Polk County
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Aug 11, 1999
Sold by
Mason Bobby Ray and Mason Cheryl Ann
Bought by
Johnson Justin M and Johnson Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,845
Interest Rate
7.59%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alvarado Romero Juan Pablo -- Declaration Field
Federal Home Loan Mortgage Corp -- None Available
Green Tree Servicing Llc $107,046 None Available
Johnson Justin M $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero A Juan Pablo Alvarado $116,000
Closed Alvarado Romero Juan Pablo $115,864
Previous Owner Johnson Justin M $107,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $118,003 +7.4% $127 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
11/02/2016 11/02/16 For Sale $109,900 -- $118 / 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 $4,356 $221,400 $32,800 $188,600
2023 $4,146 $221,400 $32,800 $188,600
2022 $4,114 $175,900 $27,000 $148,900
2021 $3,870 $175,900 $27,000 $148,900
2020 $4,020 $155,100 $23,700 $131,400
2019 $3,806 $155,100 $23,700 $131,400
2018 $3,766 $141,600 $20,800 $120,800
2017 $3,340 $141,600 $20,800 $120,800
2016 $3,435 $132,000 $18,900 $113,100
2015 $3,248 $132,000 $18,900 $113,100
2014 $3,378 $135,800 $19,100 $116,700
Source: Public Records

Agents Affiliated with this Home

  • Seth Walker

    Seller's Agent in 2017

    Seth Walker

    RE/MAX

    (515) 577-3728

    1 in this area

    532 Total Sales

    Seth Walker
    Section Image
  • Laura Slavin

    Buyer's Agent in 2017

    Laura Slavin

    RE/MAX

    (515) 202-4129

    2 in this area

    236 Total Sales

    Laura Slavin
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 528244

Des Moines Area Association of REALTORS®

APN: 120-03216001000

Iowa Polk County Des Moines 50315 Watrous Heights

4509 SW 5th St, Des Moines, IA

This home is located at 4509 SW 5th St, Des Moines, IA 50315 since 02 November 2016 and is currently estimated at $214,833, approximately $231 per square foot. This property was built in 1991. 4509 SW 5th St is a home located in Polk County with nearby schools including South Union 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.

Nearby Homes