NOT LISTED FOR SALE

508 E Spring St Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $228,493 - $246,000

3 Beds
2.5 Baths
1,381 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $84,000 $61 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,549/month

51 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2016

2 story on quiet south side street with 3 bedrooms and 3 bathrooms. The home has a partially finished walkout basement, large deck and 1 car attached garage. HUD Homes are Sold AS-IS. Listing #161-166374 Earnest Deposit $1000 if offer over 50k, $500 if offer under 50k. Must Be Certified Funds, earnest money check is made out to buyers choice of title company for closing, ask Listing Agent for details. Managed by Matt Martin Real Estate, offers made at HUDHomeStore website.

Last Agent to Sell the Property

Steven Camerona

Iowa Realty Beaverdale Listed on: 07/20/2016

Iowa Realty Beaverdale

Last Buyer's Agent

Mark Bunge

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,381 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12004473534000

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 66.62
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 60.83
  • Termite: Under Maintenance Contract - No Need for Inspection
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath Lower: 1
  • Basement Description: Partial Finished, Walkout
  • Living Area Sq Ft: 1381
  • Total Sq Ft: 1381

Exterior Features

  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1720
  • Lot S F: 7500
  • Lot Size: 60X125
  • Assessor Parcel Number: 12004473534000
  • Zoning: Res

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: 3481.00
  • Net Taxes: 3250.00
  • Tax Year: 2016

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Sep 8, 2016
Sold by
Secretary Of Housing And Urban Developme
Bought by
Marrero Jose Antonio and Marrero Michelle Dawn
Seller's Agent
Steven Camerona
Iowa Realty Beaverdale
Buyer's Agent
Mark Bunge
RE/MAX Precision
List Price
$92,000
Sold Price
$84,000
Premium/Discount to List
-$8,000
-8.7%
Current Estimated Value
$238,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,651
Avg. Annual Appreciation
11.76%
Original Mortgage
$75,600
Outstanding Balance
$67,614
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$170,509

Purchase Details

Closed on
Mar 24, 2016
Sold by
Citimortgage Inc
Bought by
Secretary Housing Urban Development

Purchase Details

Closed on
Sep 29, 2015
Sold by
Dudley Michelle M and Arrow Financial Services Llc
Bought by
Citimortgage Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marrero Jose Antonio -- None Available
Secretary Housing Urban Development -- None Available
Citimortgage Inc $105,553 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrero Jose Antonio $75,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $84,000 -8.7% $61 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $92,000 -- $67 / 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 $3,750 $226,000 $32,100 $193,900
2024 $3,750 $208,100 $29,200 $178,900
2023 $3,798 $208,100 $29,200 $178,900
2022 $3,766 $170,000 $24,300 $145,700
2021 $3,764 $170,000 $24,300 $145,700
2020 $3,904 $159,400 $22,700 $136,700
2019 $3,526 $159,400 $22,700 $136,700
2018 $3,484 $139,700 $19,500 $120,200
2017 $3,552 $139,700 $19,500 $120,200
2016 $3,230 $131,300 $18,000 $113,300
2015 $3,230 $131,300 $18,000 $113,300
2014 $3,176 $128,200 $17,300 $110,900
Source: Public Records

Agents Affiliated with this Home

  • Steven Camerona

    Seller's Agent in 2016

    Steven Camerona

    Iowa Realty Beaverdale

    (515) 277-6211

    6 in this area

    214 Total Sales

    Steven Camerona
    Section Image
  • Mark Bunge

    Buyer's Agent in 2016

    Mark Bunge

    RE/MAX

    (515) 577-8241

    1 in this area

    62 Total Sales

    Mark Bunge
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 522254

Des Moines Area Association of REALTORS®

APN: 120-04473534000

Iowa Polk County Des Moines 50315 South Central DSM

508 E Spring St, Des Moines, IA

Not Listed for Sale

Detached

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