NOT LISTED FOR SALE

515 E 27th St Des Moines, IA 50317

Fairground Neighborhood

Estimated Value: $102,000 - $134,196

3 Beds
1 Bath
864 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 31, 2018

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

Est. 80% increase in value since last sale

Current estimated payment $836/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
  • Sq Ft Bsmt: 596
  • 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

Schools

  • School District: Des Moines Independent

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
$123,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,549
Avg. Annual Appreciation
9.48%
Original Mortgage
$55,200
Outstanding Balance
$49,195
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$73,854

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

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

Similar Homes in Des Moines, IA

  • 2523 Des Moines St, Des Moines, IA 50317

    $125,000

    • 2 Beds
    • 1 Bath
    • 746 Sq Ft
    • 2523 Des Moines St
    • Des Moines, IA

    Adorable 2 bedroom 1 bath bungalow move in ready. Shingles replace 2023, brand new A/C, newer furnace (2018) Brand new flooring and fresh interior paint.Within walking distance to fair grounds. Near restaurants and freeway. Contact your Realtor for a showing today. Rental certificate in place good through; April 2027

    Ginger Atcheson Real Estate Property Solutions, LLC

    Section Image
  • 2722 Chicago Ave, Des Moines, IA 50317

    $138,000

    • 2 Beds
    • 1 Bath
    • 616 Sq Ft
    • 2722 Chicago Ave
    • Des Moines, IA

    A perfect size home to start your homeownership journey. This cute 2 bed 1 bath ranch is ready for it's new homeowner. Open concept kitchen, dining area and living room are perfect for entertaining. There is a covered porch off the back side of the home with a 1 car garage and alley access. Roof and siding were replace in 2023. There is new flooring and paint throughout the home. Call today to

    Joanne May RE/MAX Revolution

    Section Image
  • 1761 Des Moines St, Des Moines, IA 50316

    $155,000

    • 2 Beds
    • 1 Bath
    • 875 Sq Ft
    • 1761 Des Moines St
    • Des Moines, IA

    Welcome to 1761 Des Moines Street – a fully updated 2 bed, 1 bath bungalow just minutes from the heart of the East Village and downtown Des Moines. This home was completely renovated in 2023 with new windows, siding, doors, flooring, A/C, and more, offering all the modern comforts without the price tag of new construction. In 2024, the property was further upgraded with brand-new ductwork.

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1319 E 9th St, Des Moines, IA 50316

    $149,000

    • 4 Beds
    • 1.5 Baths
    • 1,131 Sq Ft
    • 1319 E 9th St
    • Des Moines, IA

    Great project for investors! This 4-bed, 1.5-bath home offers a huge lot with alley access to a 2-car garage. It’s got a solid brick foundation, large trees, and the nice colors make this cute home's exterior very pleasant. Located in the Capitol Park area, it’s close to downtown Des Moines, parks, and schools, making it perfect for rental or a flip.

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 2403 E 14th St, Des Moines, IA 50316

    $135,000

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft
    • 2403 E 14th St
    • Des Moines, IA

    Welcome home to this Eastside bungalow. With two cozy bedrooms and one refreshed bath, this home is just the right size for easy living — whether you're starting out, slowing down, or looking for a low-maintenance investment.Step inside to find newly installed floors that carry a warm, inviting feel throughout. The updated kitchen retains its charm while offering modern functionality — perfect

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1555 16th St, Des Moines, IA 50314

    $120,000

    • 2 Beds
    • 1 Bath
    • 812 Sq Ft
    • 1555 16th St
    • Des Moines, IA

    Big corner lot with 2-bed, 1-bath bungalow with 812 sq ft of living space on a large 7,100 sq ft lot. Solid 1908 build with an oversized garage across from a park and close to downtown. This property offers strong rental potential or a great value-add flip. Plenty of off-street parking and room to build equity—perfect for investors looking to grow their portfolio.

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 2112 Washington Ave, Des Moines, IA 50310

    $129,000

    • 2 Beds
    • 1.5 Baths
    • 1,124 Sq Ft
    • 2112 Washington Ave
    • Des Moines, IA

    2112 Washington Ave is ready to go near the Drake neighborhood. This 2-bedroom, 1.5-bath home offers over 1,100 square feet of living space, first-floor laundry, and a hard-to-find attached 1-car garage. Tenant already in place, making this a true plug-and-play asset for investors looking to strengthen their portfolio without the hassle of finding immediate occupancy. The layout is functional,

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 1927 22nd St, Des Moines, IA 50310

    $119,000

    • 2 Beds
    • 1 Bath
    • 855 Sq Ft
    • 1927 22nd St
    • Des Moines, IA

    This 2-bedroom, 1-bath home with vinyl siding and composite windows sits on a large lot, offering both immediate rental income potential and long-term upside. The expansive backyard could support future additions, outdoor amenities, or simply boost tenant appeal for renters looking for extra space. Located in a strong rental corridor just minutes from downtown, this property is ideal for

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 2219 Lincoln Ave, Des Moines, IA 50310

    $137,000

    • 2 Beds
    • 1 Bath
    • 830 Sq Ft
    • 2219 Lincoln Ave
    • Des Moines, IA

    Positioned just off MLK Jr. Parkway, 2219 Lincoln Ave offers the charm and function that smart buyers look for. This 2-bedroom bungalow features an enclosed front patio perfect for enjoying morning coffee or evening sunsets, composite windows, and durable flooring throughout the living areas, kitchen, and bedrooms. The kitchen provides ample cabinet space complemented by a reliable furnace and

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
See All Homes in Des Moines

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Leto John A $50,000
Previous Owner Cockerham Kenneth $68,400
Previous Owner Cockerham Kenneth Robert $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

  • Mike Crabb

    Seller's Agent in 2018

    Mike Crabb

    Century 21 Signature

    (515) 802-6822

    Section Image
  • Eileen Van Kooten-Schmitt

    Seller Co-Listing Agent in 2018

    Eileen Van Kooten-Schmitt

    Century 21 Signature

    (515) 490-8816

    1 in this area

    193 Total Sales

    Eileen Van Kooten-Schmitt
    Section Image

  • J

    Buyer's Agent in 2018

    Jarrod Gray

    Ruby Realty Group LLC

    1 Total Sale

    Jarrod Gray
    Section Image
  • Tami Hicks

    Seller's Agent in 2015

    Tami Hicks

    CENTURY 21 SIGNATURE-Ames

    (515) 290-4067

    2 in this area

    157 Total Sales

    Tami Hicks
    Section Image
See All Agents

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

This home is located at 515 E 27th St, Des Moines, IA 50317 since 20 November 2018 and is currently estimated at $123,049, approximately $142 per square foot. This property was built in 1918. 515 E 27th St is a home located in Polk County with nearby schools including Willard Elementary School, Hoyt 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.

Nearby Homes