NOT LISTED FOR SALE

5208 SE 7th St Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $126,000 - $175,000

2 Beds
1.5 Baths
948 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $58,000 $61 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $931/month

268 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet
  • Shades
  • Dining Area

About This Home

As of June 2018

This 2 story home features 3 spacious bedrooms on the 2nd floor with the possibility of a 4th bedroom in the finished walkout basement. The 1st floor is home to a Kitchen with appliances included. You will also find a large dining area & living room with sliders to the deck, overlooking the fenced backyard, and a 1/2 bath for guests. Possible NFC Financing for owner occupant of up to $10,000 forgivable 2nd mortgage to be used for updates plus the possibility of up to $2500 towards closing costs. No Association or Association Dues. This is a Short Sale to be sold in an as is condition and requires lender approval for final sale price.

Last Agent to Sell the Property

Dave White

RE/MAX Concepts License #S22302000 Listed on: 09/06/2017

RE/MAX Concepts

Co-Listed By

Kim white

RE/MAX Concepts

Last Buyer's Agent

Dave White

RE/MAX Concepts License #S22302000 Listed on: 09/06/2017

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 4,687 Sq Ft Lot
  • Lot Dimensions are 37x125
  • Property is zoned R-2

Parking

  • Driveway

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 948 Sq Ft Home
  • Shades
  • Drapes & Rods
  • Dining Area
  • Unfinished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12003365001001

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bi-Attached
  • Lp Amt Sq Ft: 84.39
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 61.18
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable TV, Carpeting, Drapes/Curtains, Shades/Shutters, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Unfinished, Walkout
  • Dining Room: Dining Areas
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 948
  • Total Sq Ft: 948

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1080
  • Lot S F: 4687
  • Lot Shape: Regular
  • Lot Size: 37X125
  • Assessor Parcel Number: 12003365001001
  • Zoning: R-2

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: 1990.38
  • Net Taxes: 1640.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Jun 15, 2018
Sold by
Pinnick Dorothy Jean
Bought by
Rainey Robert W and Rainey Theresa A
Seller's Agent
Dave White
RE/MAX Concepts
Buyer's Agent
Dave White
RE/MAX Concepts
List Price
$80,000
Sold Price
$58,000
Premium/Discount to List
-$22,000
-27.5%
Current Estimated Value
$145,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,113
Avg. Annual Appreciation
13.10%
Original Mortgage
$52,200
Outstanding Balance
$31,304
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$113,809
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
Rainey Robert W $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainey Robert W $52,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $58,000 -27.5% $61 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
09/06/2017 09/06/17 For Sale $80,000 -- $84 / 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 $2,004 $106,500 $20,100 $86,400
2024 $2,004 $101,900 $18,200 $83,700
2023 $1,952 $101,900 $18,200 $83,700
2022 $1,936 $82,800 $15,200 $67,600
2021 $1,954 $82,800 $15,200 $67,600
2020 $2,030 $78,300 $14,200 $64,100
2019 $2,094 $78,300 $14,200 $64,100
2018 $1,840 $77,900 $12,200 $65,700
2017 $1,640 $77,900 $12,200 $65,700
2016 $1,590 $73,600 $11,300 $62,300
2015 $1,590 $73,600 $11,300 $62,300
2014 $1,490 $71,900 $10,900 $61,000
Source: Public Records

Agents Affiliated with this Home

  • Dave White

    Seller's Agent in 2018

    Dave White

    RE/MAX

    2 in this area

    36 Total Sales

    Dave White
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kim white

    RE/MAX

    (515) 221-9578

    4 in this area

    123 Total Sales

    Kim white
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 547645

Des Moines Area Association of REALTORS®

APN: 120-03365001001

Iowa Polk County Des Moines 50315 South Central DSM

5208 SE 7th St, Des Moines, IA

Not Listed for Sale

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