NOT LISTED FOR SALE

509 Broad St Des Moines, IA 50315

Indianola Hills Neighborhood

Estimated Value: $175,577 - $209,000

-- Bed
1 Bath
768 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $132,500 $173 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,228/month

35 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

This nicely updated 2 bedroom 1 bath ranch is ready to be lived in and loved. All appliances are included! Main level features original hardwood floors and a nice sized living room. The eat in kitchen overlooks the mature treed backyard and deck. The basement is partially finished and is ideally suited for a rec room or family room. Located close to shopping, schools, entertainment, with easy access to downtown.

Last Agent to Sell the Property

Seth Walker

RE/MAX Concepts Listed on: 07/24/2020

RE/MAX Concepts

Last Buyer's Agent

Seth Walker

RE/MAX Concepts Listed on: 07/24/2020

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,647

Year Built

  • Built in 1950

Lot Details

  • 7,250 Sq Ft Lot
  • Lot Dimensions are 50x145

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 768 Sq Ft Home
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01003532000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,647

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 162.76
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 172.53
  • Termite: Follow Showing Instructions
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Description: Partial
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 768
  • Total Sq Ft: 768

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1660
  • Lot S F: 7250
  • Lot Shape: Regular
  • Lot Size: 50X145
  • Assessor Parcel Number: 01003532000000
  • 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: 2647.00
  • Net Taxes: 2418.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 21, 2020
Sold by
Kyaw
Bought by
Acri Samuel Joseph
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Seth Walker
RE/MAX Concepts
List Price
$125,000
Sold Price
$132,500
Premium/Discount to List
$7,500
6%
Current Estimated Value
$184,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,894
Avg. Annual Appreciation
6.54%
Original Mortgage
$5,000
Outstanding Balance
$4,435
Interest Rate
3%
Mortgage Type
Stand Alone Second
Estimated Equity
$179,959

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 12, 2018
Sold by
Jensen Scott Louis
Bought by
Kyaw Kyaw
Seller's Agent
Jason Luna
Platinum Realty LLC
Buyer's Agent
Jacob Ham
Smart Avenue
List Price
$106,000
Sold Price
$106,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$95,506
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2003
Sold by
Reimers Christopher B and Reimers Amy E
Bought by
Jensen Scott Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,560
Interest Rate
5.94%

Purchase Details

Closed on
Mar 7, 2001
Sold by
Reimers Christopher B
Bought by
Reimers Christopher B and Reimers Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.74%
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
Acri Samuel Joseph $132,500 None Available
Kyaw Kyaw $106,000 None Available
Jensen Scott Louis $84,500 --
Reimers Christopher B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acri Samuel Joseph $5,000
Previous Owner Kyaw Kyaw $95,506
Previous Owner Jensen Scott Louis $80,560
Previous Owner Reimers Christopher B $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2020 09/02/20 Sold $132,500 +6.0% $173 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $125,000 +17.9% $163 / Sq Ft
04/13/2018 04/13/18 Sold $106,000 0.0% $138 / Sq Ft View Prior Sale
04/13/2018 04/13/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $106,000 -- $138 / 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 $3,074 $174,300 $32,500 $141,800
2024 $3,074 $156,300 $28,600 $127,700
2023 $2,918 $156,300 $28,600 $127,700
2022 $2,896 $123,800 $23,500 $100,300
2021 $2,562 $123,800 $23,500 $100,300
2020 $2,658 $111,300 $20,900 $90,400
2019 $2,418 $111,300 $20,900 $90,400
2018 $2,388 $98,500 $18,200 $80,300
2017 $2,220 $98,500 $18,200 $80,300
2016 $2,158 $90,600 $16,400 $74,200
2015 $2,158 $90,600 $16,400 $74,200
2014 $2,132 $92,200 $16,400 $75,800
Source: Public Records

Agents Affiliated with this Home

  • Seth Walker

    Seller's Agent in 2020

    Seth Walker

    RE/MAX

    (515) 577-3728

    10 in this area

    508 Total Sales

    Seth Walker
    Section Image

  • J

    Seller's Agent in 2018

    Jason Luna

    Platinum Realty LLC

  • Jacob Ham

    Buyer's Agent in 2018

    Jacob Ham

    Smart Avenue

    (515) 991-9193

    1 in this area

    157 Total Sales

    Jacob Ham
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 610644

Des Moines Area Association of REALTORS®

APN: 010-03532000000

Iowa Polk County Des Moines 50315 Indianola Hills

509 Broad St, Des Moines, IA

Not Listed for Sale

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