NOT LISTED FOR SALE

5615 University Ave Des Moines, IA 50311

Merle Hay Neighborhood

Estimated Value: $156,000 - $245,000

2 Beds
1 Bath
1,346 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $109,000 $81 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,354/month

102 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of March 2013

Recently remodeled ready for you. This home features new windows,siding,cabinets,appliances,carpet,high efficient furnace,water heater and much more. This home is a great combo of old and new styles, with large base boards, refinished hardwood floors, and modern dark accents throughout. There is a 3rd non conforming bedroom on 2nd level First time home buyers may be eligible for a Neighborhood Finance grant of up to $10000.

Last Agent to Sell the Property

David Welch

RE/MAX Precision Listed on: 12/10/2012

RE/MAX Precision

Co-Listed By

Seth Walker

RE/MAX Concepts

Last Buyer's Agent

Sandra S. Clark

Iowa Realty Altoona

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1927

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,346 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Dining Area
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10011851000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,063

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 85.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 81.00
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 840
  • Dining Room: Dining Areas
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1346
  • Total Sq Ft: 1346

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1500
  • Lot S F: 6600
  • Lot Size: 50x132
  • Assessor Parcel Number: 10011851000000
  • Zoning: res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1063.00
  • Net Taxes: 1063.00
  • Assessor Parcel Number: 5615UNIVERSIAVEPOLKDESMOINE50311

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2016
Sold by
Home Oppertunities Made Easy Inc
Bought by
Britton Carla
Total Days on Market
102
Current Estimated Value
$201,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$68,732
Interest Rate
3.48%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$132,483

Purchase Details

Closed on
Feb 26, 2015
Sold by
Wells Fargo Bank Na
Bought by
Home Opportunities Made Easy Inc

Purchase Details

Closed on
Jul 31, 2014
Sold by
Scoles Ashley
Bought by
Wells Fargo Bank Na

Purchase Details

Listed on
Dec 10, 2012
Closed on
Mar 15, 2013
Sold by
Welch David
Bought by
Scoles Ashley
Seller's Agent
David Welch
RE/MAX Precision
Buyer's Agent
Sandra S. Clark
Iowa Realty Altoona
List Price
$114,900
Sold Price
$109,000
Premium/Discount to List
-$5,900
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$107,025
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 18, 2012
Closed on
Jul 26, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Welch David
Seller's Agent
Tina Gordon
Homeworks Realty, LLC
Buyer's Agent
Seth Walker
RE/MAX Concepts
List Price
$57,000
Sold Price
$41,600
Premium/Discount to List
-$15,400
-27.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
350.45%
Original Mortgage
$67,500
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 16, 2012
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 9, 2012
Sold by
Nelson Cristina A and City Of Des Moines Iowa
Bought by
Citimortgage Inc

Purchase Details

Closed on
Feb 7, 2002
Sold by
Guthrie Scanes Catherine L and Scanes Colin
Bought by
Nelson Cristina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,899
Interest Rate
7.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Britton Carla $85,000 None Available
Home Opportunities Made Easy Inc -- None Available
Wells Fargo Bank Na $75,900 None Available
Scoles Ashley $112,125 None Available
Welch David -- None Available
Secretary Of Housing & Urban Development -- None Available
Citimortgage Inc $88,736 None Available
Nelson Cristina A $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Britton Carla $85,000
Previous Owner Scoles Ashley $107,025
Previous Owner Welch David $67,500
Previous Owner Nelson Cristina $2,200
Previous Owner Nelson Cristina A $75,899
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $109,000 -5.1% $81 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $114,900 +176.2% $85 / Sq Ft
07/30/2012 07/30/12 Sold $41,600 -27.0% $31 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $57,000 -- $42 / 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 $3,448 $175,300 $32,200 $143,100
2023 $3,620 $175,300 $32,200 $143,100
2022 $3,592 $153,600 $29,100 $124,500
2021 $3,426 $153,600 $29,100 $124,500
2020 $3,560 $137,300 $25,900 $111,400
2019 $3,312 $137,300 $25,900 $111,400
2018 $3,278 $123,200 $22,600 $100,600
2017 $2,946 $123,200 $22,600 $100,600
2016 $2,870 $108,900 $19,700 $89,200
2015 $2,870 $108,900 $19,700 $89,200
2014 $2,320 $87,300 $18,200 $69,100
Source: Public Records

Agents Affiliated with this Home

  • David Welch

    Seller's Agent in 2013

    David Welch

    RE/MAX

    (515) 201-4203

    2 in this area

    264 Total Sales

    David Welch
    Section Image
  • Seth Walker

    Seller Co-Listing Agent in 2013

    Seth Walker

    RE/MAX

    (515) 577-3728

    35 in this area

    542 Total Sales

    Seth Walker
    Section Image

  • S

    Buyer's Agent in 2013

    Sandra S. Clark

    Iowa Realty Altoona

  • T

    Seller's Agent in 2012

    Tina Gordon

    Homeworks Realty, LLC

    4 Total Sales

    Tina Gordon
    Section Image
  • Steven Camerona

    Seller Co-Listing Agent in 2012

    Steven Camerona

    Iowa Realty Beaverdale

    (515) 277-6211

    3 in this area

    215 Total Sales

    Steven Camerona
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 410231

Des Moines Area Association of REALTORS®

APN: 100-11851000000

Iowa Polk County Des Moines 50311 Merle Hay

5615 University Ave, Des Moines, IA

This home is located at 5615 University Ave, Des Moines, IA 50311 since 10 December 2012 and is currently estimated at $201,215, approximately $149 per square foot. This property was built in 1927. 5615 University Ave is a home located in Polk County with nearby schools including Windsor 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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