NOT LISTED FOR SALE

4908 SW 8th St Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $87,618 - $120,000

1 Bed
1 Bath
432 Sq Ft
$236/Sq Ft Est. Value

Last Sold August 09, 2012

Last sale price $15,000 $35 Per Sq Ft

Est. 579% increase in value since last sale

Current estimated payment $667/month

56 Days on Market

About This Home

As of August 2012

Convienient area, private yard. Home sold as-is. It has potential. Cheap!

Last Agent to Sell the Property

Todd Madden

Madden Realty Listed on: 06/14/2012

Last Buyer's Agent

Todd Madden

Madden Realty Listed on: 06/14/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 50x261
  • Property is zoned r 160

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof

Interior Spaces

  • 432 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 12003335000000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 37.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 35.00
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Living Area Sq Ft: 432
  • Total Sq Ft: 432

Exterior Features

  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: City
  • Water: City

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Lot S F: 13050
  • Lot Shape: Regular
  • Lot Size: 50x261
  • Assessor Parcel Number: 12003335000000
  • Zoning: r 160

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1014.00
  • Net Taxes: 1014.00
  • Assessor Parcel Number: 4908SW 8THSTPOLKDESMOINE50315

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2015
Sold by
Loutzenhiser Jay and Loutzenhiser Teresa
Bought by
Daniel Jeffrey E
Current Estimated Value
$101,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Outstanding Balance
$13,747
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$88,158

Purchase Details

Listed on
Jun 14, 2012
Closed on
Aug 9, 2012
Sold by
R M Madden Construction Inc
Bought by
Loutzenhiser Jay and Loutzenhiser Teresa
Seller's Agent
Todd Madden
Madden Realty
Buyer's Agent
Todd Madden
Madden Realty
List Price
$20,000
Sold Price
$15,000
Premium/Discount to List
-$5,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%

Purchase Details

Closed on
May 17, 2012
Sold by
Bugarin Ramon and Bugarin Maria
Bought by
R M Madden Construction Inc

Purchase Details

Closed on
Jul 23, 2009
Sold by
Soltero Fernando and Soltero Gliselda
Bought by
Bugarin Ramon and Bugarin Maria

Purchase Details

Closed on
Jun 20, 2008
Sold by
R M Madden Construction Inc
Bought by
Soltero Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 1, 2005
Sold by
Mcgruder Phillip L
Bought by
Soltero Fernando and Soltero Gilselda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 3, 2003
Sold by
Mcgruder Phillip L
Bought by
Miller Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 26, 1998
Sold by
Schwager Bette Marie
Bought by
Schwager Scott Joseph

Purchase Details

Closed on
Feb 8, 1998
Sold by
Heitman Virginia F
Bought by
R M Madden Construction Inc
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 Buyer Sale Price Title Company
Daniel Jeffrey E $22,500 None Available
Loutzenhiser Jay $14,500 None Available
R M Madden Construction Inc -- None Available
Bugarin Ramon -- None Available
Soltero Fernando $35,100 None Available
Soltero Fernando $39,000 --
Miller Michael R $37,500 --
Schwager Scott Joseph -- --
R M Madden Construction Inc $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Jeffrey E $18,000
Previous Owner Soltero Fernando $35,100
Previous Owner Soltero Fernando $35,100
Previous Owner Miller Michael R $33,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2012 08/09/12 Sold $15,000 -25.0% $35 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $20,000 -- $46 / 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 $1,570 $90,100 $40,000 $50,100
2024 $1,570 $79,800 $35,000 $44,800
2023 $1,568 $79,800 $35,000 $44,800
2022 $1,556 $66,500 $28,800 $37,700
2021 $1,462 $66,500 $28,800 $37,700
2020 $1,520 $58,600 $25,300 $33,300
2019 $1,406 $58,600 $25,300 $33,300
2018 $1,392 $52,300 $22,200 $30,100
2017 $1,288 $52,300 $22,200 $30,100
2016 $1,254 $47,600 $20,200 $27,400
2015 $1,254 $47,600 $20,200 $27,400
2014 $1,182 $44,500 $18,600 $25,900
Source: Public Records

Agents Affiliated with this Home

  • Todd Madden

    Seller's Agent in 2012

    Todd Madden

    Madden Realty

    (515) 710-4226

    7 in this area

    64 Total Sales

    Todd Madden
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 402682

Des Moines Area Association of REALTORS®

APN: 120-03335000000

Iowa Polk County Des Moines 50315 South Central DSM

4908 SW 8th St, Des Moines, IA

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