5315 Hickman Rd Des Moines, IA 50310
Merle Hay Neighborhood
2
Beds
1
Bath
704
Sq Ft
0.4
Acres
Highlights
- 0.4 Acre Lot
- No HOA
- Forced Air Heating System
- Ranch Style House
- Den
- Family Room
About This Home
As of October 2022Nice development. 1 sale. 4 properties. 6 units total. $525,000 (the sum of all properties). Each separately listed - individually titled. 5309/5313 (Duplex), 5315 (SF), 321 (SF) & 5323/5325 (Duplex). Well kept & maintained under current owner for almost 20 yrs. Units have been consistent rentals & are fully leased. More than sufficient parking spaces. Lawncare & snow removal by Landlord. Landlord pays for water in duplex units. All units have newer carpet, furnaces & water heaters. All w/sump pumps. Incl stove & frigr. Rear decks on duplexes. Two 2-car garages for duplexes use. No pets. No smoking. Qualifies for Section 8 housing, no tenants presently. Excellent Hillis Elem Schl nearby. Due to Covid-19, showings will not occur. Give Listing Agent notice & tour exterior of prop as needed. Exterior photos of all & interior photos of typical duplex unit. Property will be part of 1031 exchange. Seller has property identified. Accepted offer contingent on walk-thru inspection of each prop.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,621
Year Built
- Built in 1914
Lot Details
- 0.4 Acre Lot
- Irregular Lot
- Property is zoned R1-60
Home Design
- Ranch Style House
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 704 Sq Ft Home
- Family Room
- Dining Area
- Den
- Fire and Smoke Detector
- Stove
- Unfinished Basement
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10010957001000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2022
Closed on
Oct 14, 2022
Sold by
Big Otter Creek Llc
Bought by
Monte Properties Inc
Seller's Agent
Anita Nemmers
Iowa Realty Mills Crossing
Buyer's Agent
Jackie Schuller
LPT Realty, LLC
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,784
Avg. Annual Appreciation
1.63%
Original Mortgage
$716,500
Outstanding Balance
$692,040
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
-$535,074
Similar Homes in Des Moines, IA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $716,500 | New Conventional | |
| Closed | $716,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2022 12/02/22 | Pending | -- | -- | -- |
| 10/14/2022 10/14/22 | Sold | $150,000 | 0.0% | $213 / Sq Ft |
| 08/24/2022 08/24/22 | Off Market | $150,000 | -- | -- |
| 08/24/2022 08/24/22 | Pending | -- | -- | -- |
| 07/19/2022 07/19/22 | Price Changed | $150,000 | -6.3% | $213 / Sq Ft |
| 06/27/2022 06/27/22 | For Sale | $160,000 | -65.6% | $227 / Sq Ft |
| 08/20/2020 08/20/20 | Sold | $464,750 | +519.7% | $660 / Sq Ft |
| 08/06/2020 08/06/20 | Pending | -- | -- | -- |
| 05/15/2020 05/15/20 | For Sale | $75,000 | -- | $107 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,486 | $126,400 | $50,600 | $75,800 |
| 2023 | $2,512 | $126,400 | $50,600 | $75,800 |
| 2022 | $2,494 | $106,600 | $44,000 | $62,600 |
| 2021 | $2,516 | $106,600 | $44,000 | $62,600 |
| 2020 | $2,614 | $100,800 | $41,700 | $59,100 |
| 2019 | $2,394 | $100,800 | $41,700 | $59,100 |
| 2018 | $2,370 | $89,100 | $36,500 | $52,600 |
| 2017 | $2,124 | $89,100 | $36,500 | $52,600 |
| 2016 | $2,068 | $78,500 | $32,200 | $46,300 |
| 2015 | $2,068 | $78,500 | $32,200 | $46,300 |
| 2014 | $1,912 | $74,700 | $30,400 | $44,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Anita Nemmers
Iowa Realty Mills Crossing
(515) 689-6271
7 in this area
160 Total Sales
-
Buyer's Agent in 2022
Jackie Schuller
LPT Realty, LLC
(515) 238-6874
5 in this area
68 Total Sales
-
Seller's Agent in 2020
Bruce Kalisek
Keller Williams Realty GDM
(515) 778-0708
9 in this area
83 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 605270
APN: 100-10957001000
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