5502 SW 7th St Des Moines, IA 50315
South Central DSM Neighborhood
3
Beds
1
Bath
1,037
Sq Ft
6,900
Sq Ft Lot
About This Home
As of November 2021Excellent investment or equity building opportunity. This home needs a lot of work but it is priced to sell. 2 bedrooms on the main floor and 3rd in finished attic area. During the first 15 days a property is in MLS, only owner occupant offers or those from a public entity or designated partner will be considered. Home inspection is for buyers knowledge only. Water will NOT be turned on. Purchaser should utilize alternative means to determine plumbing condition such as an air pressure test.
Home Details
Home Type
- Single Family
Year Built
- Built in 1908
Lot Details
- 6,900 Sq Ft Lot
- Lot Dimensions are 50x138
Parking
- Driveway
Home Design
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,037 Sq Ft Home
- 1.5-Story Property
- Eat-In Kitchen
- Unfinished Basement
Bedrooms and Bathrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 12002562000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2021
Closed on
Nov 15, 2021
Sold by
Huerta Julio Ramos and Ramos Barbara
Bought by
Avitia Maria Guadalupe
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Linda Bennett Wilsson
RE/MAX Concepts
List Price
$165,000
Sold Price
$152,000
Premium/Discount to List
-$13,000
-7.88%
Total Days on Market
70
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
$46,518
Avg. Annual Appreciation
7.79%
Original Mortgage
$147,440
Outstanding Balance
$136,514
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$62,004
Purchase Details
Listed on
May 29, 2015
Closed on
Jul 20, 2015
Sold by
Kennie Candace J
Bought by
Huerta Julio Ramos
Seller's Agent
Rodney Hillebo
RE/MAX Concepts
Buyer's Agent
Sonny Walker
RE/MAX Concepts
List Price
$115,000
Sold Price
$114,000
Premium/Discount to List
-$1,000
-0.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$92,796
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 19, 2013
Closed on
May 10, 2013
Sold by
Patino Jose A Estrada and Estrada Sandra
Bought by
Kennie Candace J
Seller's Agent
Sandra Estrada
Iowa Realty Beaverdale
Buyer's Agent
Jamie Thompson
Century 21 Signature
List Price
$99,900
Sold Price
$99,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$98,090
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 8, 2012
Closed on
Jan 9, 2013
Sold by
Estrada Jose A
Bought by
Patino Jose A Estrada
Seller's Agent
Marija Balac
Realty ONE Group Impact
Buyer's Agent
Sandra Estrada
Iowa Realty Beaverdale
List Price
$29,000
Sold Price
$21,000
Premium/Discount to List
-$8,000
-27.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7512.32%
Purchase Details
Listed on
Oct 8, 2012
Closed on
Dec 4, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Patino Jose A Estrada
Seller's Agent
Marija Balac
Realty ONE Group Impact
Buyer's Agent
Sandra Estrada
Iowa Realty Beaverdale
List Price
$29,000
Sold Price
$21,000
Premium/Discount to List
-$8,000
-27.59%
Purchase Details
Closed on
Sep 20, 2012
Sold by
Guillermo Juaregui and Vasey Lisa
Bought by
Federal Home Loan Mortgage Corporatio
Purchase Details
Closed on
Mar 22, 2002
Sold by
Vasey Lisa
Bought by
Vasey Lisa and Guillermo Jauregui
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.93%
Similar Home in Des Moines, IA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $152,000 | None Available | |
| Warranty Deed | $114,000 | Attorney | |
| Warranty Deed | $100,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $21,000 | None Available | |
| Sheriffs Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $147,440 | New Conventional | |
| Previous Owner | $92,796 | FHA | |
| Previous Owner | $98,090 | FHA | |
| Previous Owner | $56,700 | Unknown | |
| Previous Owner | $40,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2021 11/15/21 | Sold | $152,000 | 0.0% | $147 / Sq Ft |
| 11/12/2021 11/12/21 | Pending | -- | -- | -- |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- |
| 09/27/2021 09/27/21 | Price Changed | $152,000 | -3.2% | $147 / Sq Ft |
| 09/09/2021 09/09/21 | Price Changed | $157,000 | -4.8% | $151 / Sq Ft |
| 08/27/2021 08/27/21 | For Sale | $165,000 | 0.0% | $159 / Sq Ft |
| 07/30/2021 07/30/21 | For Sale | $165,000 | +44.7% | $159 / Sq Ft |
| 07/31/2015 07/31/15 | Sold | $114,000 | -0.9% | $110 / Sq Ft |
| 07/20/2015 07/20/15 | Pending | -- | -- | -- |
| 05/29/2015 05/29/15 | For Sale | $115,000 | +15.1% | $111 / Sq Ft |
| 05/10/2013 05/10/13 | Sold | $99,900 | 0.0% | $96 / Sq Ft |
| 04/10/2013 04/10/13 | Pending | -- | -- | -- |
| 03/19/2013 03/19/13 | For Sale | $99,900 | +375.7% | $96 / Sq Ft |
| 12/28/2012 12/28/12 | Sold | $21,000 | -27.6% | $20 / Sq Ft |
| 12/17/2012 12/17/12 | Pending | -- | -- | -- |
| 10/08/2012 10/08/12 | For Sale | $29,000 | -- | $28 / 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 | $3,530 | $179,400 | $29,400 | $150,000 |
| 2023 | $3,316 | $179,400 | $29,400 | $150,000 |
| 2022 | $3,290 | $140,700 | $24,200 | $116,500 |
| 2021 | $3,086 | $140,700 | $24,200 | $116,500 |
| 2020 | $3,206 | $123,700 | $21,200 | $102,500 |
| 2019 | $2,984 | $123,700 | $21,200 | $102,500 |
| 2018 | $2,952 | $111,000 | $18,700 | $92,300 |
| 2017 | $2,762 | $111,000 | $18,700 | $92,300 |
| 2016 | $1,820 | $102,100 | $17,000 | $85,100 |
| 2015 | $1,820 | $77,800 | $17,000 | $60,800 |
| 2014 | $1,592 | $76,900 | $16,600 | $60,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Walker
Seller's Agent in 2021
Seth Walker
RE/MAX
(515) 577-3728
14 in this area
541 Total Sales
-
Linda Bennett Wilsson
L
Buyer's Agent in 2021
Linda Bennett Wilsson
RE/MAX
(515) 745-4235
2 in this area
39 Total Sales
-
Rodney Hillebo
Seller's Agent in 2015
Rodney Hillebo
RE/MAX
(515) 707-3544
108 Total Sales
-
Sonny Walker
Buyer's Agent in 2015
Sonny Walker
RE/MAX
(515) 577-3463
1 Total Sale
-
Sandra Estrada
S
Seller's Agent in 2013
Sandra Estrada
Iowa Realty Beaverdale
(515) 326-0163
3 in this area
36 Total Sales
-
Jamie Thompson
Buyer's Agent in 2013
Jamie Thompson
Century 21 Signature
1 in this area
104 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 407932
APN: 120-02562000000
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.
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
- 612 Kenyon Ave
- 608 Kenyon Ave
- 5403 SW 9th St
- 5808 SW 5th St
- 303 Porter Ave
- 300 Diehl Ave
- 303 Kenyon Ave
- 924 Frazier Ave
- 301 Wall Ave
- 505 Hackley Ave
- 4825 SW 9th St
- 299 Hackley Ave
- 102 Wall Ave
- 802 Mckinley Ave
- 4813 SW 5th St
- 214 Leland Ave
- 1229 Kenyon Ave
- 108 E Wall Ave
- 6301 SW 10th St
- 6305 SW 10th St