$36,000
SOLD JUN 25, 2015

4623 E Merced St Des Moines, IA 50317

Capitol Heights Neighborhood
0.19 Acre
$190,476 Price per Acre
8,250 Sq Ft Lot

Recently Sold

3% Below List Price

520 Days on Market

About This Lot

As of July 2020

Bring Your Own Builder! Summersfield is located in Des Moines, IA near the new Highway 65 bypass as well as I-35 and I-80, which provides easy access to anywhere in Des Moines. This convenient location is just minutes away from great shopping including Lowes, Menards, Wal-Mart and Target and is near entertainment venues such as Adventureland Amusement Park and Prairie Meadows Race Track and Casino. Summersfield is part of the Southeast Polk School District, which has won two First in the Nation In Education Awards, has a low student to teacher ratio, and has tournament grade athletic facilities. The five year tax abatement program makes this an affordable community for young families.

Last Agent to Sell the Property

April Breig

New Home Site Realty Listed on: 01/21/2014

Last Buyer's Agent

April Breig

New Home Site Realty Listed on: 01/21/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,336

Additional Features

  • 8,250 Sq Ft Lot
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 06007934249000

Property Details

Property Type

Land

Est. Annual Taxes

$5,336

Lot Details

0

Listing Details

  • Property Type: Land
  • Lp Amt Sq Ft: 4.00
  • Sp Amt Sq Ft: 4.00
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: City
  • Water: City
  • Electricity: Lot
  • Gas: Natural

Schools

  • School District: Southeast Polk

Lot Info

  • Acres: 0.1890
  • Lot Num: 49
  • Lot S F: 8250
  • Lot Size: 55
  • Assessor Parcel Number: 06007934249000

Tax Info

  • Assessor Parcel Number: 4623EMERCEDSTPOLKSEPOLK50317

MLS Schools

  • School District: Southeast Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Jul 24, 2020
Sold by
Dubois Robert and Dubois Kayle
Bought by
Khattiya Adrienne and Khattiya Cindy
Seller's Agent
Sarah Johnston
RE/MAX Precision
Buyer's Agent
Justin Roberts
RE/MAX Precision
List Price
$234,000
Sold Price
$230,500
Premium/Discount to List
-$3,500
-1.5%
Current Estimated Value
$308,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,138
Avg. Annual Appreciation
5.53%
Original Mortgage
$218,975
Outstanding Balance
$196,750
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$104,554

Purchase Details

Listed on
Mar 3, 2016
Closed on
Mar 30, 2016
Sold by
Savannah Homes Inc
Bought by
Dubois Robert
Seller's Agent
Linda Westergaard
RE/MAX Precision
Buyer's Agent
Alexis Johnson
Iowa Realty Beaverdale
List Price
$193,900
Sold Price
$193,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%

Purchase Details

Listed on
Jan 21, 2014
Closed on
Jun 23, 2015
Sold by
Summersfield Llc
Bought by
Savannah Homes Inc
Seller's Agent
April Breig
New Home Site Realty
Buyer's Agent
April Breig
New Home Site Realty
List Price
$37,100
Sold Price
$36,000
Premium/Discount to List
-$1,100
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
699.48%
Original Mortgage
$155,000
Interest Rate
3.82%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $243,000 None Available
Warranty Deed $194,000 None Available
Warranty Deed $36,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $32,000 Credit Line Revolving
Open $218,975 New Conventional
Previous Owner $155,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $230,500 -1.5% $165 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $234,000 +20.7% $167 / Sq Ft
04/15/2016 04/15/16 Sold $193,900 0.0% $138 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $193,900 +438.6% $138 / Sq Ft
06/25/2015 06/25/15 Sold $36,000 -3.0% --
05/26/2015 05/26/15 Pending -- -- --
01/21/2014 01/21/14 For Sale $37,100 -- --
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 $5,336 $266,400 $55,200 $211,200
2023 $5,222 $266,400 $55,200 $211,200
2022 $1,290 $220,100 $47,500 $172,600
2021 $974 $220,100 $47,500 $172,600
2020 $952 $216,600 $46,700 $169,900
2019 $538 $216,600 $46,700 $169,900
2018 $538 $198,300 $41,500 $156,800
2017 $4,624 $198,300 $41,500 $156,800
2016 $856 $179,500 $31,300 $148,200
2015 $856 $31,300 $31,300 $0
2014 $4 $120 $120 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Johnston

    Seller's Agent in 2020

    Sarah Johnston

    RE/MAX

    1 in this area

    8 Total Sales

    Sarah Johnston
    Section Image
  • Justin Roberts

    Buyer's Agent in 2020

    Justin Roberts

    RE/MAX

    (515) 577-2877

    1 in this area

    67 Total Sales

    Justin Roberts
    Section Image
  • Linda Westergaard

    Seller's Agent in 2016

    Linda Westergaard

    RE/MAX

    (515) 988-4288

    29 Total Sales

    Linda Westergaard
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jake Archer

    RE/MAX Results

    Section Image
  • Alexis Johnson

    Buyer's Agent in 2016

    Alexis Johnson

    Iowa Realty Beaverdale

    (515) 277-6211

    1 in this area

    113 Total Sales

    Alexis Johnson
    Section Image
  • April Breig

    Seller's Agent in 2015

    April Breig

    New Home Site Realty

    (515) 783-3608

    4 in this area

    481 Total Sales

    April Breig
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 429689

Des Moines Area Association of REALTORS®

APN: 060-07934249000

Iowa Polk County Des Moines 50317 Capitol Heights

4623 E Merced St, Des Moines, IA

This home is located at 4623 E Merced St, Des Moines, IA 50317 and is currently priced at $36,000. 4623 E Merced St is a home located in Polk County with nearby schools including Delaware Elementary School, Southeast Polk Spring Creek- 6th Grade, and Southeast Polk Junior 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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