NOT LISTED FOR SALE

515 E 27th St Des Moines, IA 50317

Fairground Neighborhood

Estimated Value: $98,000 - $151,000

3 Beds
1 Bath
864 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $68,500 $79 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $850/month

41 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Bungalow
  • Family Room
  • No HOA
  • Forced Air Heating System
  • Dining Area

About This Home

As of December 2018

Turn key rental property near the fairgrounds, with tenants in place and current rental certificate. Vinyl windows, back yard with brick patio, large living and dining rooms, and 3 bedrooms. Located in NFC lending area, as well!

Last Agent to Sell the Property

Mike Crabb

Century 21 Signature Listed on: 11/20/2018

Century 21 Signature

Co-Listed By

Eileen Van Kooten-Schmitt

Century 21 Signature

Last Buyer's Agent

Jarrod Gray

Ruby Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1918

Lot Details

  • 4,278 Sq Ft Lot
  • Lot Dimensions are 46x93
  • Property is zoned R1-60

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Brick Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 864 Sq Ft Home
  • Family Room
  • Dining Area
  • Stove
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05001573000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,480

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 79.86
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 79.28
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Laminate Floors, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 864
  • Total Sq Ft: 864

Exterior Features

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

Garage/Parking

  • Driveway: Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.0980
  • Lot S F: 4278
  • Lot Shape: Regular
  • Lot Size: 46X93
  • Assessor Parcel Number: 05001573000000
  • Zoning: R1-60

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: 1480.00
  • Net Taxes: 1480.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Dec 31, 2018
Sold by
Move Up Llc
Bought by
C And Z Properties Llc
Seller's Agent
Mike Crabb
Century 21 Signature
Buyer's Agent
Jarrod Gray
Ruby Realty Group LLC
List Price
$69,000
Sold Price
$68,500
Premium/Discount to List
-$500
-0.72%
Current Estimated Value
$132,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,859
Avg. Annual Appreciation
10.00%
Original Mortgage
$55,200
Outstanding Balance
$48,632
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$83,727

Purchase Details

Listed on
Jan 20, 2014
Closed on
Jan 29, 2015
Sold by
Select Holdings One Llc
Bought by
Move Up Lc
Seller's Agent
Tami Hicks
CENTURY 21 SIGNATURE-Ames
Buyer's Agent
Tami Hicks
CENTURY 21 SIGNATURE-Ames
List Price
$64,900
Sold Price
$63,000
Premium/Discount to List
-$1,900
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$104,050
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 10, 2012
Sold by
Des Moines Properties Llc
Bought by
Select Holdings One Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Leto John

Purchase Details

Closed on
Feb 7, 2008
Sold by
Cockerham Kenneth and Cockerham Michelle
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jan 26, 2005
Sold by
Austin E Armstrong Family Lc
Bought by
Cockerham Kenneth and Cockerham Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
8.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 9, 2001
Sold by
Contract Exchange Corp
Bought by
Austin E Armstrong Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
11.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 13, 2001
Sold by
Jones Michael T and Jones Jana K
Bought by
Contract Exchange Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
11.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 9, 2001
Sold by
Jones Michael T and Jones Jana K
Bought by
Cockerham Kenneth Robert and Cockerham Michelle Kaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
11.25%
Mortgage Type
Seller Take Back
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
C And Z Properties Llc $68,500 None Available
C And Z Properties Llc $68,500 None Available
Move Up Lc $63,000 None Available
Select Holdings One Lc $1,285,000 None Available
Leto John $32,500 None Available
Deutsche Bank National Trust Co $63,000 None Available
Cockerham Kenneth $64,500 --
Austin E Armstrong Revocable Trust -- --
Contract Exchange Corp -- --
Cockerham Kenneth Robert $64,866 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C And Z Properties Llc $55,200
Closed C And Z Properties Llc $55,200
Previous Owner Move Up Lc $104,050
Previous Owner Select Holdings One Lc $1,150,000
Previous Owner Cockerham Kenneth $68,400
Previous Owner Cockerham Kenneth Robert $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2018 12/31/18 Sold $68,500 -0.7% $79 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $69,000 +9.5% $80 / Sq Ft
01/30/2015 01/30/15 Sold $63,000 -2.9% $73 / Sq Ft View Prior Sale
01/08/2015 01/08/15 Pending -- -- --
01/20/2014 01/20/14 For Sale $64,900 -- $75 / 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 $1,806 $107,700 $17,200 $90,500
2024 $1,806 $91,800 $14,600 $77,200
2023 $1,730 $91,800 $14,600 $77,200
2022 $1,716 $73,400 $12,000 $61,400
2021 $1,590 $73,400 $12,000 $61,400
2020 $1,652 $63,700 $10,500 $53,200
2019 $1,494 $63,700 $10,500 $53,200
2018 $1,480 $55,600 $9,000 $46,600
2017 $1,404 $55,600 $9,000 $46,600
2016 $1,178 $51,900 $8,400 $43,500
2015 $1,178 $44,700 $8,400 $36,300
2014 $1,252 $47,100 $8,800 $38,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mike Crabb

    Century 21 Signature

    Section Image
  • Eileen Van Kooten-Schmitt

    Seller Co-Listing Agent in 2018

    Eileen Van Kooten-Schmitt

    Century 21 Signature

    (515) 490-8816

    191 Total Sales

    Eileen Van Kooten-Schmitt
    Section Image

  • J

    Buyer's Agent in 2018

    Jarrod Gray

    Ruby Realty Group LLC

    (515) 803-6851

    2 Total Sales

    Jarrod Gray
    Section Image
  • Tami Hicks

    Seller's Agent in 2015

    Tami Hicks

    CENTURY 21 SIGNATURE-Ames

    (515) 290-4067

    2 in this area

    143 Total Sales

    Tami Hicks
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 572935

Des Moines Area Association of REALTORS®

APN: 050-01573000000

Iowa Polk County Des Moines 50317 Fairground

515 E 27th St, Des Moines, IA

Not Listed for Sale

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