4705 E Merced St Des Moines, IA 50317
Capitol Heights Neighborhood
0.19
Acre
$190,476
Price per Acre
8,250
Sq Ft Lot
About This Lot
As of June 2021Bring 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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,520
Year Built
- 2015
Additional Features
- 8,250 Sq Ft Lot
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 06007934255000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 20, 2021
Sold by
Kennicker Gabriel G and Kennicker Taylor Rae
Bought by
Kennicker Gabriel G and Kennicker Taylor Rae
Total Days on Market
557
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$199,768
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$110,536
Purchase Details
Listed on
May 7, 2021
Closed on
Jun 10, 2021
Sold by
Healey Andrew W and Healey Karina
Bought by
Kennicker Gabe G
Seller's Agent
Zac Bales-Henry
Black Phoenix Group
Buyer's Agent
Rebecca Hasbrouck
RE/MAX REC
List Price
$280,000
Sold Price
$280,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$263,200
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 11, 2016
Closed on
May 10, 2016
Sold by
Savannah Homes Inc
Bought by
Healey Andrew W
Seller's Agent
Linda Westergaard
RE/MAX Precision
Buyer's Agent
Zac Bales-Henry
Black Phoenix Group
List Price
$199,900
Sold Price
$205,971
Premium/Discount to List
$6,071
3.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Purchase Details
Listed on
Jan 21, 2014
Closed on
Sep 8, 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
1645.06%
Original Mortgage
$156,800
Interest Rate
3.97%
Mortgage Type
Construction
Map
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Similar Properties 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 | $280,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $36,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Closed | $263,200 | New Conventional | |
| Previous Owner | $182,000 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $156,800 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2021 06/16/21 | Sold | $280,000 | 0.0% | $191 / Sq Ft |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- |
| 05/07/2021 05/07/21 | For Sale | $280,000 | +35.9% | $191 / Sq Ft |
| 05/20/2016 05/20/16 | Sold | $205,971 | +3.0% | $144 / Sq Ft |
| 04/18/2016 04/18/16 | Pending | -- | -- | -- |
| 01/11/2016 01/11/16 | For Sale | $199,900 | +455.3% | $140 / Sq Ft |
| 10/09/2015 10/09/15 | Sold | $36,000 | -3.0% | -- |
| 08/01/2015 08/01/15 | Pending | -- | -- | -- |
| 01/21/2014 01/21/14 | For Sale | $37,100 | -- | -- |
Source: Des Moines Area Association of REALTORS®
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 | $5,520 | $275,600 | $55,200 | $220,400 |
| 2023 | $5,416 | $275,600 | $55,200 | $220,400 |
| 2022 | $1,332 | $228,300 | $47,500 | $180,800 |
| 2021 | $1,086 | $228,300 | $47,500 | $180,800 |
| 2020 | $1,062 | $224,200 | $46,700 | $177,500 |
| 2019 | $620 | $224,200 | $46,700 | $177,500 |
| 2018 | $622 | $204,700 | $41,500 | $163,200 |
| 2017 | $2,396 | $204,700 | $41,500 | $163,200 |
| 2016 | $856 | $95,400 | $31,300 | $64,100 |
| 2015 | $856 | $31,300 | $31,300 | $0 |
| 2014 | $4 | $110 | $110 | $0 |
Source: Public Records
Source: Des Moines Area Association of REALTORS®
MLS Number: 429663
APN: 060-07934255000
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