NOT LISTED FOR SALE

521 Broad St Des Moines, IA 50315

Indianola Hills Neighborhood

Estimated Value: $213,000 - $236,000

-- Bed
1 Bath
1,408 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $185,000 $131 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,518/month

63 Days on Market

Highlights

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

About This Home

As of January 2023

Great Investment Opportunity! Each side has 2 bedrooms and 1 bath. Walkout Basement with nice sized yard. 521 has partially finished basement. Newer Exterior Vinyl Siding.

Last Agent to Sell the Property

Chris Moore

RE/MAX Concepts Listed on: 10/11/2022

RE/MAX Concepts

Co-Listed By

Cameron Campos

RE/MAX Concepts

Last Buyer's Agent

Marcus Sereg

Iowa Realty South

Iowa Realty South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,061

Year Built

  • Built in 1972

Lot Details

  • 9,444 Sq Ft Lot
  • Lot Dimensions are 67x140

Parking

  • Driveway

Home Design

  • 1,408 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Laundry

  • Dryer
  • Washer

Additional Features

  • Stove
  • 1 Full Bathroom
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 01003529001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,061

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 141.97
  • Sp Amt Sq Ft: 131.39
  • Termite: Follow Showing Instructions
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Partial Finished
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1408
  • Total Sq Ft: 1408

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Concrete Block
  • 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: 0.2170
  • Lot S F: 9444
  • Lot Shape: Regular
  • Lot Size: 67X140
  • Assessor Parcel Number: 01003529001000
  • Zoning: R

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Tenant, Water Tenant

Tax Info

  • Gross Taxes: 4061.00
  • Net Taxes: 4061.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jan 23, 2023
Sold by
Robbins Properties Llc
Bought by
Sereg Marcus C and Sereg Breanne P
Seller's Agent
Chris Moore
RE/MAX Concepts
Buyer's Agent
Marcus Sereg
Iowa Realty South
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Views
8
Current Estimated Value
$224,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,507
Avg. Annual Appreciation
7.10%
Original Mortgage
$138,750
Outstanding Balance
$134,074
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$90,433

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jan 6, 2023
Sold by
Apartments By Ellingson Llc
Bought by
Robbins Properties Llc
Seller's Agent
Chris Moore
RE/MAX Concepts
Buyer's Agent
Marcus Sereg
Iowa Realty South
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$134,074
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$90,433

Purchase Details

Closed on
Sep 7, 2007
Sold by
Koroch Steven E and Koroch Patricia F
Bought by
Ellingson Brian

Purchase Details

Closed on
Jan 9, 2006
Sold by
Koroch Steven E and Koroch Patricia F
Bought by
Koroch Steven E and Koroch Patricia F
Source: Public Records

Range of Values:

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Average Value
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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
Sereg Marcus C $185,000 --
Sereg Marcus C $185,000 None Listed On Document
Robbins Properties Llc $185,000 --
Robbins Properties Llc $185,000 None Listed On Document
Ellingson Brian $104,500 Itc
Koroch Steven E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sereg Marcus C $138,750
Closed Sereg Marcus C $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2023 01/25/23 Sold $185,000 -7.5% $131 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/06/2022 12/06/22 For Sale $199,900 0.0% $142 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/07/2022 11/07/22 Price Changed $199,900 -4.8% $142 / Sq Ft
10/11/2022 10/11/22 For Sale $210,000 -- $149 / 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 $4,006 $227,700 $37,100 $190,600
2024 $4,006 $203,600 $32,700 $170,900
2023 $3,756 $203,600 $32,700 $170,900
2022 $3,728 $159,400 $26,900 $132,500
2021 $3,806 $159,400 $26,900 $132,500
2020 $3,702 $142,800 $23,900 $118,900
2019 $3,368 $142,800 $23,900 $118,900
2018 $3,334 $125,300 $20,800 $104,500
2017 $3,130 $125,300 $20,800 $104,500
2016 $3,048 $115,700 $18,800 $96,900
2015 $3,048 $115,700 $18,800 $96,900
2014 $3,130 $117,800 $18,800 $99,000
Source: Public Records

Agents Affiliated with this Home

  • Chris Moore

    Seller's Agent in 2023

    Chris Moore

    RE/MAX

    (515) 554-4549

    5 in this area

    143 Total Sales

    Chris Moore
    Section Image
  • Cameron Campos

    Seller Co-Listing Agent in 2023

    Cameron Campos

    RE/MAX

    (515) 778-5345

    5 in this area

    177 Total Sales

    Cameron Campos
    Section Image
  • Marcus Sereg

    Buyer's Agent in 2023

    Marcus Sereg

    Iowa Realty South

    (515) 770-5605

    4 in this area

    52 Total Sales

    Marcus Sereg
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 661918

Des Moines Area Association of REALTORS®

APN: 010-03529001000

Iowa Polk County Des Moines 50315 Indianola Hills

521 Broad St, Des Moines, IA

Not Listed for Sale

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