Seller's Agent in 2025
Michelle Hanson
RE/MAX
(515) 229-2662
2 in this area
230 Total Sales
5515 & 5517 NE 1st St Des Moines, IA 50313
Marquisville Neighborhood
2
Beds
1
Bath
1,408
Sq Ft
0.45
Acres
Highlights
- Ranch Style House
- Tile Flooring
- Pie Shaped Lot
- No HOA
- Forced Air Heating and Cooling System
- Wood Siding
About This Home
As of July 2025Great Investment Opportunity in North Des Moines!
Don't miss this well-maintained duplex featuring 2-bedroom, 1-bath units perfect for investors or owner-occupants. Recent updates include a new roof (2022), updated LVP flooring, fresh interior and exterior paint, and a bathroom remodel in unit 5515. Plus Unit 5515 also includes a finished non-conforming 3rd bedroom and partially finished bonus room in the lower level, ideal for extra living space or storage. The 5517 unfinished basement offers a blank canvas for additional value-add opportunities. Enjoy a large shared backyard, separate driveways, and a convenient location with easy access to I-80/35. Saydel schools. A solid property with strong potential. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,924
Year Built
- Built in 1977
Lot Details
- 0.45 Acre Lot
- Lot Dimensions are 81.5x239
- Pie Shaped Lot
- Property is zoned LDR
Parking
- Gravel Driveway
Home Design
- 1,408 Sq Ft Home
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
- Wood Siding
Kitchen
- Stove
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Septic Tank
Additional Features
- Unfinished Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 27002026001000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2025
Closed on
Jul 2, 2025
Sold by
Sponsler Christina H
Bought by
Martin John William
Seller's Agent
Michelle Hanson
RE/MAX Concepts
Buyer's Agent
Angela Meek
RE/MAX Concepts
List Price
$238,500
Sold Price
$206,000
Premium/Discount to List
-$32,500
-13.63%
Views
53
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.09%
Original Mortgage
$195,700
Outstanding Balance
$195,369
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$31,537
Purchase Details
Closed on
Jan 6, 2022
Sold by
James Gumm Shaun
Bought by
Sponsler Christina H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,507
Interest Rate
3.11%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 23, 2018
Sold by
Nail Ricky D and Nail Michelle R
Bought by
Gumm Shaun J and Sponsler Christina H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2004
Sold by
Anderson Laverne R and Anderson Maxine L
Bought by
Nail Ricky D and Nail Michelle R
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 | $206,000 | None Listed On Document | |
| Warranty Deed | $206,000 | None Listed On Document | |
| Fiduciary Deed | -- | None Listed On Document | |
| Warranty Deed | $140,000 | None Available | |
| Warranty Deed | $69,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $195,700 | New Conventional | |
| Closed | $195,700 | New Conventional | |
| Previous Owner | $122,507 | FHA | |
| Previous Owner | $119,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $206,000 | -13.6% | $146 / Sq Ft |
| 06/05/2025 06/05/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | For Sale | $238,500 | -- | $169 / 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 | $2,766 | $201,900 | $56,100 | $145,800 |
| 2023 | $2,690 | $201,900 | $56,100 | $145,800 |
| 2022 | $2,502 | $165,100 | $48,500 | $116,600 |
| 2021 | $2,392 | $165,100 | $48,500 | $116,600 |
| 2020 | $2,356 | $149,700 | $43,700 | $106,000 |
| 2019 | $1,948 | $149,700 | $43,700 | $106,000 |
| 2018 | $2,054 | $120,600 | $37,400 | $83,200 |
| 2017 | $1,970 | $120,600 | $37,400 | $83,200 |
| 2016 | $1,922 | $112,700 | $34,300 | $78,400 |
| 2015 | $1,922 | $112,700 | $34,300 | $78,400 |
| 2014 | $1,848 | $110,000 | $32,900 | $77,100 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Hanson
-
Karla Derrickson
Seller Co-Listing Agent in 2025
Karla Derrickson
RE/MAX
(515) 979-5904
1 in this area
30 Total Sales
-
Angela Meek
Buyer's Agent in 2025
Angela Meek
RE/MAX
(515) 577-7729
2 in this area
230 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 718330
APN: 270-02026001000
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.
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