NOT LISTED FOR SALE

555 56th St Des Moines, IA 50312

Waterbury Neighborhood

Estimated Value: $459,440 - $553,000

-- Bed
3 Baths
4,082 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $333,000 $82 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,422/month

46 Days on Market

Highlights

  • 3 Kitchens
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Tandem Parking
  • Storage

About This Home

As of May 2019

Amazing character from top to bottom in this 3-unit multi-family property in Waterbury. Units 1 & 2 are 2BR/1BA and have hardwood floors, arched doorways, a wood burning fireplace, and 4 season rooms attached. Unit 3 is 2BR/1BA and is quaint and charming with plenty of storage. 4 car attached tandem garage, extra parking in driveway and on-street parking make for ultimate convenience as well as on-site laundry. Owners have meticulously maintained this property over the past 27 years! Bonus - potential building lot adjacent to the south with city approval.

Last Agent to Sell the Property

Megan Hill Mitchum

Century 21 Signature Listed on: 03/21/2019

Century 21 Signature

Last Buyer's Agent

Matthew Parmenter

Keller Williams Realty GDM

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 132x135

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 3 Full Bathrooms
  • 4,082 Sq Ft Home
  • 3-Story Property
  • Storage
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • 3 Kitchens
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Tandem Parking
  • Driveway

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 09007664001000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Three Story
  • Lp Amt Sq Ft: 83.05
  • Sp Amt Sq Ft: 81.58
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Dishwashers: 2
  • Refrigerators: 3
  • Stoves Total: 3
  • Interior Amenities: Hardwood Floors, Tile Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Second Floor Full Bathrooms: 3
  • Basement Description: Unfinished, Walkout
  • Sq Ft Bsmt: 1596
  • Kitchens: 3
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dishwasher, Dryer, Refrigerator, See Remarks, Stove, Washer
  • Living Area Sq Ft: 4082
  • Total Sq Ft: 4082

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 4 Attached, Tandem
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Hot Water
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.4090
  • Lot S F: 17820
  • Lot Shape: Regular
  • Lot Size: 132X135
  • Assessor Parcel Number: 09007664001000
  • Zoning: R-3

Rental Info

  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Landlord, Taxes Owner, Water Owner

Tax Info

  • Gross Taxes: 11802.00
  • Net Taxes: 11802.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
May 6, 2019
Sold by
Reeves Charles Joseph and Reeves Mary Sue
Bought by
Duffy Patrick
Seller's Agent
Megan Hill Mitchum
Century 21 Signature
Buyer's Agent
Matthew Parmenter
Keller Williams Realty GDM
List Price
$339,000
Sold Price
$333,000
Premium/Discount to List
-$6,000
-1.77%
Current Estimated Value
$506,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,220
Avg. Annual Appreciation
6.72%
Original Mortgage
$249,750
Outstanding Balance
$218,221
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$287,999
Source: Public Records

Range of Values:

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Average Value
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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
Duffy Patrick $333,000 First American Mortgage Sln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duffy Patrick $249,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $333,000 -1.8% $82 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $339,000 -- $83 / 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
2025 $8,950 $491,000 $64,500 $426,500
2024 $8,950 $455,000 $56,500 $398,500
2023 $8,720 $455,000 $56,500 $398,500
2022 $10,192 $370,000 $47,300 $322,700
2021 $9,944 $370,000 $47,300 $322,700
2020 $13,282 $333,000 $43,000 $290,000
2019 $11,650 $396,000 $43,000 $353,000
2018 $12,392 $329,000 $43,000 $286,000
2017 $11,638 $329,000 $43,000 $286,000
2016 $12,136 $297,000 $36,000 $261,000
2015 $12,136 $297,000 $36,000 $261,000
2014 $11,490 $264,000 $36,000 $228,000
Source: Public Records

Agents Affiliated with this Home

  • Megan Hill Mitchum

    Seller's Agent in 2019

    Megan Hill Mitchum

    Century 21 Signature

    (515) 290-8269

    4 in this area

    350 Total Sales

    Megan Hill Mitchum
    Section Image

  • M

    Buyer's Agent in 2019

    Matthew Parmenter

    Keller Williams Realty GDM

    (515) 321-4810

    1 in this area

    24 Total Sales

    Matthew Parmenter
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 578288

Des Moines Area Association of REALTORS®

APN: 090-07664001000

Iowa Polk County Des Moines 50312 Waterbury

555 56th St, Des Moines, IA

This home is located at 555 56th St, Des Moines, IA 50312 since 21 March 2019 and is currently estimated at $506,220, approximately $124 per square foot. This property was built in 1930. 555 56th St is a home located in Polk County with nearby schools including Hanawalt Elementary School, Merrill Middle School, and Roosevelt 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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