NOT LISTED FOR SALE

5506 SW 7th St Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $193,275 - $206,000

3 Beds
1 Bath
1,063 Sq Ft
$188/Sq Ft Est. Value

About This Home

This home is located at 5506 SW 7th St, Des Moines, IA 50315 and is currently estimated at $200,319, approximately $188 per square foot. 5506 SW 7th St is a home located in Polk County with nearby schools including South Union Elementary School, Brody Middle School, and Lincoln High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2018
Sold by
Penman Paul
Bought by
Johnson Donald W
Current Estimated Value
$200,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,862
Outstanding Balance
$99,477
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$100,842

Purchase Details

Closed on
Jul 14, 2008
Sold by
Penman Kelly and Hansen Wendy
Bought by
Penman Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,545
Interest Rate
6.15%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2008
Sold by
Penman Kelly
Bought by
Penman Kelly and Hansen Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Johnson Donald W $118,000 None Available
Penman Paul $126,000 None Available
Penman Kelly -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Donald W $115,862
Previous Owner Penman Paul $124,545
Previous Owner Penman Kelly $96,000
Source: Public Records

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 $2,992 $184,600 $33,500 $151,100
2024 $2,992 $162,600 $29,400 $133,200
2023 $2,842 $162,600 $29,400 $133,200
2022 $2,820 $129,500 $24,200 $105,300
2021 $2,606 $129,500 $24,200 $105,300
2020 $2,702 $113,000 $21,200 $91,800
2019 $2,706 $113,000 $21,200 $91,800
2018 $2,678 $100,700 $18,700 $82,000
2017 $2,490 $100,700 $18,700 $82,000
2016 $2,426 $92,100 $17,000 $75,100
2015 $2,426 $92,100 $17,000 $75,100
2014 $2,340 $91,400 $16,600 $74,800
Source: Public Records

Map

Iowa Polk County Des Moines 50315 South Central DSM

5506 SW 7th St, Des Moines, IA

Not Listed for Sale

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