NOT LISTED FOR SALE

540 NE 48th Place Des Moines, IA 50313

Marquisville Neighborhood

Estimated Value: $54,000 - $107,530

3 Beds
1 Bath
1,032 Sq Ft
$87/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $45,000 $44 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $536/month

19 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

As of May 2023

Come check out this 1 story investment property that has a lot of potential. This is a great blank slate for someone who likes fixer uppers! Book a tour today! Property is being sold as is!

Last Agent to Sell the Property

Samuel Brant

RE/MAX Real Estate Center Listed on: 02/23/2023

RE/MAX Real Estate Center

Co-Listed By

Collin Fett

RE/MAX Real Estate Center

Last Buyer's Agent

Samuel Brant

RE/MAX Real Estate Center Listed on: 02/23/2023

RE/MAX Real Estate Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $529

Year Built

  • Built in 1950

Lot Details

  • 7,998 Sq Ft Lot
  • Lot Dimensions are 65x124

Parking

  • 1 Car Detached Garage

Home Design

  • 1,032 Sq Ft Home
  • Bungalow
  • Block Foundation
  • Asphalt Shingled Roof

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27001123000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$529

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 48.35
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 43.60
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Sq Ft: 1032
  • Total Sq Ft: 1032

Exterior Features

  • Foundation: Concrete Block
  • Roof: Asphalt Shingle

Garage/Parking

  • Garage: 1 Detached

Utilities

  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Saydel Consolidated

Lot Info

  • Acres: 0.1840
  • Lot S F: 7998
  • Lot Size: 65X124
  • Assessor Parcel Number: 27001123000000
  • Zoning: res

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: 529.07
  • Net Taxes: 529.07

MLS Schools

  • School District: Saydel Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 18, 2023
Sold by
Sarns Estates Llc
Bought by
Salgado Juan
Seller's Agent
Samuel Brant
RE/MAX Real Estate Center
Buyer's Agent
Samuel Brant
RE/MAX Real Estate Center
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Views
212
Current Estimated Value
$89,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,510
Avg. Annual Appreciation
41.51%

Purchase Details

Closed on
Jan 24, 2017
Sold by
Oldenburger Angela
Bought by
Williams Wade and Williams Ruth

Purchase Details

Closed on
May 9, 1999
Sold by
Evans Edward Homer
Bought by
Oldenburger Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,800
Interest Rate
6.99%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Salgado Juan $45,000 None Listed On Document
Williams Wade $500 None Available
Oldenburger Angela M $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oldenburger Angela M $38,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $45,000 -9.8% $44 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $49,900 -9.3% $48 / Sq Ft
02/23/2023 02/23/23 For Sale $55,000 -- $53 / 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 $554 $40,400 $25,100 $15,300
2023 $532 $40,400 $25,100 $15,300
2022 $524 $32,700 $20,200 $12,500
2021 $536 $32,700 $20,200 $12,500
2020 $528 $31,600 $18,000 $13,600
2019 $558 $31,600 $18,000 $13,600
2018 $546 $32,100 $16,400 $15,700
2017 $857 $32,100 $16,400 $15,700
2016 $820 $56,100 $15,400 $40,700
2015 $808 $56,100 $15,400 $40,700
2014 $794 $55,500 $14,900 $40,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Samuel Brant

    RE/MAX

    Section Image
  • Collin Fett

    Seller Co-Listing Agent in 2023

    Collin Fett

    RE/MAX

    (515) 329-4011

    1 in this area

    134 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 668096

Des Moines Area Association of REALTORS®

APN: 270-01123000000

Iowa Polk County Des Moines 50313 Marquisville

540 NE 48th Place, Des Moines, IA

This home is located at 540 NE 48th Place, Des Moines, IA 50313 since 23 February 2023 and is currently estimated at $89,510, approximately $86 per square foot. This property was built in 1950. 540 NE 48th Place is a home located in Polk County with nearby schools including Cornell Elementary School, Woodside Middle School, and Saydel 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.

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