NOT LISTED FOR SALE

507 Cutler Ave Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $125,000 - $138,000

2 Beds
1 Bath
660 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $104,000 $158 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $818/month

38 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Family Room
  • Sun or Florida Room
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of November 2021

Rental Property with current long term tenant. Great flex room as you enter the home. The living room offers plenty of space for a family. 2 bedrooms and a ¾ bath on the main level. Vinyl windows. Nice sized kitchen leads to the unfinished lower level. Laundry, mechanicals, and storage are located here. The 2 car garage and extra parking in the back are welcome features. This is one rental you won’t want to miss out on. Rental Certificate expires 9/23.

Last Agent to Sell the Property

Jackie Schuller

LPT Realty, LLC Listed on: 10/04/2021

LPT Realty, LLC

Last Buyer's Agent

Ronda Dix

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1920

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Property is zoned N3a

Home Design

  • Ranch Style House
  • Brick Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 660 Sq Ft Home
  • Family Room
  • Dining Area
  • Sun or Florida Room
  • Unfinished Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12002590000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$922

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 159.09
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 157.58
  • Termite: Call Listing Agent
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable TV, Carpeting, Vinyl Floors, See Reserved Items
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 660
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: 4 Season
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 660
  • Total Sq Ft: 660

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Garage Sq Ft: 480
  • Garage: 2 Detached
  • Garage Parking Stalls: 2

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: 0.1610
  • Lot S F: 7000
  • Lot Shape: Regular
  • Lot Size: 50X140
  • Assessor Parcel Number: 12002590000000
  • Zoning: N3a

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: 922.00
  • Net Taxes: 922.00
  • Tax Year: 2022

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 16, 2021
Sold by
Gt Real Estate Investments Llc
Bought by
Wellman Trent M and Wellman Kristina
Seller's Agent
Jackie Schuller
LPT Realty, LLC
Buyer's Agent
Ronda Dix
LPT Realty, LLC
List Price
$105,000
Sold Price
$104,000
Premium/Discount to List
-$1,000
-0.95%
Current Estimated Value
$131,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,938
Avg. Annual Appreciation
6.28%
Original Mortgage
$83,200
Outstanding Balance
$76,558
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$54,055

Purchase Details

Listed on
Dec 2, 2015
Closed on
Apr 12, 2016
Sold by
P And J Enterprises Inc
Bought by
Gt Real Estate Investments Llc
Seller's Agent
Sonny Greene
Iowa Realty Mills Crossing
Buyer's Agent
Roginia Moore
Platinum Realty LLC
List Price
$35,000
Sold Price
$26,770
Premium/Discount to List
-$8,230
-23.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.42%

Purchase Details

Closed on
Jun 13, 2007
Sold by
Allsup Geneva E
Bought by
Allsup Geneva E and Allsup David G
Source: Public Records

Range of Values:

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Average Value
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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
Wellman Trent M $104,000 None Available
Gt Real Estate Investments Llc $27,000 None Available
Allsup Geneva E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellman Trent M $83,200
Previous Owner Gt Real Estate Investments Llc $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $104,000 -1.0% $158 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $105,000 +292.2% $159 / Sq Ft
04/13/2016 04/13/16 Sold $26,770 -23.5% $41 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $35,000 -- $53 / 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 $1,420 $72,170 $29,800 $42,370
2023 $1,132 $114,100 $29,800 $84,300
2022 $1,124 $90,000 $24,500 $65,500
2021 $922 $90,000 $24,500 $65,500
2020 $958 $78,900 $21,500 $57,400
2019 $766 $78,900 $21,500 $57,400
2018 $758 $70,400 $18,900 $51,500
2017 $1,158 $70,400 $18,900 $51,500
2016 $1,128 $42,800 $17,200 $25,600
2015 $1,128 $42,800 $17,200 $25,600
2014 $1,124 $42,300 $16,800 $25,500
Source: Public Records

Agents Affiliated with this Home

  • Jackie Schuller

    Seller's Agent in 2021

    Jackie Schuller

    LPT Realty, LLC

    (515) 238-6874

    4 in this area

    67 Total Sales

    Jackie Schuller
    Section Image
  • Ronda Dix

    Buyer's Agent in 2021

    Ronda Dix

    LPT Realty, LLC

    (515) 975-3735

    1 in this area

    121 Total Sales

    Ronda Dix
    Section Image
  • Sonny Greene

    Seller's Agent in 2016

    Sonny Greene

    Iowa Realty Mills Crossing

    (515) 770-9017

    128 Total Sales

    Sonny Greene
    Section Image
  • Matthew Greene

    Seller Co-Listing Agent in 2016

    Matthew Greene

    Iowa Realty Mills Crossing

    (515) 771-9017

    45 Total Sales

    Matthew Greene
    Section Image

  • R

    Buyer's Agent in 2016

    Roginia Moore

    Platinum Realty LLC

    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 638959

Des Moines Area Association of REALTORS®

APN: 120-02590000000

Iowa Polk County Des Moines 50315 South Central DSM

507 Cutler Ave, Des Moines, IA

This home is located at 507 Cutler Ave, Des Moines, IA 50315 since 04 October 2021 and is currently estimated at $131,938, approximately $199 per square foot. This property was built in 1920. 507 Cutler Ave 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.

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