NOT LISTED FOR SALE

507 E Locust St Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $139,000 - $203,000

1 Bed
1 Bath
575 Sq Ft
$293/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $107,500 $187 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,102/month

55 Days on Market

Highlights

  • Security Service
  • Forced Air Heating System
  • 3-minute walk to The People's Plaza

About This Home

As of June 2015

East Village efficiency unit with new wood floors, paint, and fixtures. Exposed brick and duct work give urban feel that puts you right at the hear of East Village eateries and shopping. Unit comes with parking space and currently rents out for $1150 a month. Building offers elevator and secured entry

Last Agent to Sell the Property

Matt Maro

RE/MAX Concepts Listed on: 05/06/2015

Last Buyer's Agent

Matt Maro

RE/MAX Concepts Listed on: 05/06/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $702

Year Built

  • Built in 1900

Parking

  • Driveway

Home Design

  • 575 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Municipal Trash

Community Details

  • Property has a Home Owners Association
  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 04000614016000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$702

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 187.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 187.00
  • Termite: Follow Showing Instructions
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Handicap Features: See Remarks
  • Living Area Sq Ft: 575
  • Total Sq Ft: 575

Exterior Features

  • Exterior: Brick
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Heat: Gas Forced Air
  • Services: Exterior Maint./Bldg., Insurance, Lawn Care, Security Services, Trash Service

Condo/Co-op/Association

  • Association Fee Term: Month
  • Association Fee: Yes

Schools

  • School District: Des Moines Independent

Green Features

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

Lot Info

  • Assessor Parcel Number: 04000614016000
  • Zoning: res

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 702.00
  • Net Taxes: 702.00
  • Assessor Parcel Number: 507ELOCUSTST302POLKDESMOINE50309

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 30, 2015
Sold by
Tice Chandler and Tice Katie
Bought by
Adams Kenneth
Seller's Agent
Matt Maro
RE/MAX Concepts
Buyer's Agent
Matt Maro
RE/MAX Concepts
List Price
$107,500
Sold Price
$107,500
Current Estimated Value
$166,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,336
Avg. Annual Appreciation
4.46%
Original Mortgage
$80,000
Outstanding Balance
$36,312
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$131,018

Purchase Details

Closed on
Apr 2, 2013
Sold by
Federal National Mortgage Association
Bought by
Tice Chandler and Tice Kate

Purchase Details

Closed on
Mar 14, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 24, 2013
Sold by
Bukhart Patrick
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 2, 2005
Sold by
East Village Investments Llc
Bought by
Burkhart Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
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
Adams Kenneth $107,500 Attorney
Tice Chandler -- None Available
Federal National Mortgage Association -- None Available
Nationstar Mortgage Llc $126,550 None Available
Burkhart Patrick $119,000 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Admas Kenneth $80,000
Previous Owner Burkhart Patrick $119,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $107,500 0.0% $187 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $107,500 -- $187 / 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 $2,608 $132,600 $3,600 $129,000
2023 $2,804 $132,600 $3,600 $129,000
2022 $2,784 $119,000 $3,200 $115,800
2021 $2,582 $119,000 $3,200 $115,800
2020 $2,684 $103,500 $2,800 $100,700
2019 $2,480 $103,500 $2,800 $100,700
2018 $2,456 $92,300 $2,600 $89,700
2017 $2,628 $92,300 $2,600 $89,700
2016 $768 $97,200 $2,700 $94,500
2015 $768 $97,200 $2,700 $94,500
2014 $730 $97,200 $2,700 $94,500
Source: Public Records

Agents Affiliated with this Home

  • Matt Maro

    Seller's Agent in 2015

    Matt Maro

    RE/MAX

    (515) 779-3469

    336 Total Sales

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 453877

Des Moines Area Association of REALTORS®

APN: 040-00614016000

Iowa Polk County Des Moines 50309 East Village

507 E Locust St, Des Moines, IA

This home is located at 507 E Locust St, Des Moines, IA 50309 since 06 May 2015 and is currently estimated at $168,306, approximately $292 per square foot. This property was built in 1900. 507 E Locust St is a home located in Polk County with nearby schools including Carver Elementary School, Hiatt Middle School, and East 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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