$95,500
SOLD OCT 21, 2016

5601 SW 7th St Des Moines, IA 50315

South Central DSM Neighborhood
-- Bed
2 Baths
1,664 Sq Ft
0.32 Acres

Recently Sold

$57 Per Sq Ft

19% Above List Price

30 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Storage
  • Ranch Style House
  • Laundry Room
  • Forced Air Heating System

About This Home

As of February 2023

One side is drywall only with no mechanicals, other side needs bathroom remodeled. Both sides have large 2 car tuck under garages.

Last Agent to Sell the Property

Ralph Stonehocker

RE/MAX Concepts Listed on: 09/21/2016

Last Buyer's Agent

Michael Adams

RE/MAX Revolution

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 104x135

Parking

  • 4 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,664 Sq Ft Home
  • Storage
  • Laundry Room
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 12001967051000

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 48.08
  • Sp Amt Sq Ft: 57.39
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 1
  • Disposals: 1
  • Refrigerators: 1
  • Stoves Total: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1616
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 1664
  • Total Sq Ft: 1664

Exterior Features

  • Foundation: Concrete Block
  • Paved: Yes
  • Sidewalk: Y

Garage/Parking

  • Garage: 4 Attached

Utilities

  • Sewer: City
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.3220
  • Lot S F: 14040
  • Lot Size: 104X135
  • Assessor Parcel Number: 12001967051000
  • Zoning: R1-70

Rental Info

  • Deposit: No

Tax Info

  • Gross Taxes: 4348.00
  • Net Taxes: 4348.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Feb 14, 2023
Sold by
Swift Properties Llc
Bought by
Findlay Colin R
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$251,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,279
Avg. Annual Appreciation
4.52%
Original Mortgage
$168,750
Outstanding Balance
$163,956
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$87,323
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,750 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $45,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Pending -- -- --
02/15/2023 02/15/23 Sold $225,000 0.0% $135 / Sq Ft
02/15/2023 02/15/23 For Sale $225,000 +135.6% $135 / Sq Ft
10/21/2016 10/21/16 Sold $95,500 +19.4% $57 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $80,000 -- $48 / 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 $4,436 $225,500 $37,600 $187,900
2023 $4,316 $225,500 $37,600 $187,900
2022 $4,282 $183,100 $32,000 $151,100
2021 $4,120 $183,100 $32,000 $151,100
2020 $4,280 $165,100 $28,700 $136,400
2019 $4,300 $165,100 $28,700 $136,400
2018 $4,256 $160,000 $25,800 $134,200
2017 $4,462 $160,000 $25,800 $134,200
2016 $4,348 $165,000 $25,200 $139,800
2015 $4,348 $165,000 $25,200 $139,800
2014 $3,770 $147,200 $22,100 $125,100
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2023

    OUTSIDE AGENT

    OTHER

    22 in this area

    5,721 Total Sales

    OUTSIDE AGENT
    Section Image
  • Darson Grantham

    Buyer's Agent in 2023

    Darson Grantham

    Keller Williams Realty GDM

    (641) 745-0156

    7 in this area

    207 Total Sales

    Darson Grantham
    Section Image

  • R

    Seller's Agent in 2016

    Ralph Stonehocker

    RE/MAX

  • M

    Buyer's Agent in 2016

    Michael Adams

    RE/MAX

    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 525977

Des Moines Area Association of REALTORS®

APN: 120-01967051000

Iowa Polk County Des Moines 50315 South Central DSM

5601 SW 7th St, Des Moines, IA

This home is located at 5601 SW 7th St, Des Moines, IA 50315 and is currently priced at $95,500, approximately $57 per square foot. This property was built in 1978. 5601 SW 7th St is a home located in Polk County with nearby schools including South Union Elementary School, Mccombs Middle School, and Lincoln 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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