NOT LISTED FOR SALE

5620 University Ave Des Moines, IA 50311

Waveland Woods Neighborhood

Estimated Value: $157,000 - $199,000

2 Beds
1 Bath
792 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $41,500 $52 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $1,142/month

132 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Dining Area
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of October 2014

Come see the potential in this one! Would be an excellent property for the home buyer that is willing to put a little sweat equity into it, or the investor this would be an excellent rental property. Living room has a fireplace that you could cozy up during those cool evenings, there is original hardwood floors in the bedrooms and formal dining room, possible under the carpet in the living room. Convenient NW location easy access to trails, shopping, restaurants, and interstate access. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Marlea DePenning

BHHS First Realty Westown Listed on: 05/27/2014

BHHS First Realty Westown

Co-Listed By

Wayne DePenning

BHHS First Realty Westown

Last Buyer's Agent

Pamala Johnson

Capital Choice Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x14

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 792 Sq Ft Home
  • 1 Fireplace
  • Dining Area
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09007736000000

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 60.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 52.00
  • Termite: Call Listing Agent
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Dining Areas
  • Living Area Sq Ft: 792
  • Total Sq Ft: 792

Exterior Features

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

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1610
  • Lot S F: 7000
  • Lot Shape: Regular
  • Lot Size: 50x14
  • Assessor Parcel Number: 09007736000000
  • 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: 2082.00
  • Net Taxes: 1854.00
  • Assessor Parcel Number: 5620UNIVERSIAVEPOLKDESMOINE50311
  • Tax Year: 2015

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2014
Closed on
Oct 3, 2014
Sold by
Fannie Mae
Bought by
Baer Kimberley
Seller's Agent
Marlea DePenning
BHHS First Realty Westown
Buyer's Agent
Pamala Johnson
Capital Choice Realty
List Price
$64,500
Sold Price
$41,500
Premium/Discount to List
-$23,000
-35.66%
Current Estimated Value
$175,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,607
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Apr 29, 2014
Sold by
Smith Tina Marie and Smith Tina M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 20, 2006
Sold by
Savage Jeff A
Bought by
Smith Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2001
Sold by
See Robert Wayne
Bought by
See Robert Wayne and See Phyllis Jean

Purchase Details

Closed on
Oct 26, 2000
Sold by
Stone David A
Bought by
Savage Jeff A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,950
Interest Rate
11.82%

Purchase Details

Closed on
Dec 23, 1999
Sold by
The Wolford Corp
Bought by
First National Acceptance Company Of Nor

Purchase Details

Closed on
Sep 3, 1998
Sold by
5620 University
Bought by
Stone David A and Savage Jeff A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,150
Interest Rate
8.94%

Purchase Details

Closed on
May 26, 1998
Sold by
Hamman Jerry Glen and Wagner Gleneva Ann
Bought by
5620 University Land Trust

Purchase Details

Closed on
Dec 30, 1972
Sold by
Wagner Francis J
Bought by
Wagner Gleneva A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Baer Kimberley -- None Available
Federal National Mortgage Association $80,421 None Available
Smith Tina M $85,000 None Available
See Robert Wayne -- --
Savage Jeff A -- --
Savage Jeff $69,500 --
First National Acceptance Company Of Nor -- --
Stone David A $69,900 --
5620 University Land Trust $31,000 --
Wagner Gleneva A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Tina M $85,200
Previous Owner Savage Jeff A $73,950
Previous Owner Stone David A $67,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2014 10/06/14 Sold $41,500 -35.7% $52 / Sq Ft
09/06/2014 09/06/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $64,500 -- $81 / 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 $2,642 $151,900 $41,700 $110,200
2024 $2,642 $134,300 $36,800 $97,500
2023 $2,696 $134,300 $36,800 $97,500
2022 $2,676 $114,400 $31,700 $82,700
2021 $2,628 $114,400 $31,700 $82,700
2020 $2,730 $105,300 $29,300 $76,000
2019 $2,671 $105,300 $29,300 $76,000
2018 $2,490 $93,600 $26,000 $67,600
2017 $2,228 $93,600 $26,000 $67,600
2016 $1,268 $82,400 $22,600 $59,800
2015 $1,268 $48,100 $22,600 $25,500
2014 $2,160 $81,300 $21,900 $59,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marlea DePenning

    BHHS First Realty Westown

    (515) 314-3325

    42 Total Sales

    Marlea DePenning
    Section Image
  • Wayne DePenning

    Seller Co-Listing Agent in 2014

    Wayne DePenning

    BHHS First Realty Westown

    (515) 669-2453

    70 Total Sales

    Wayne DePenning
    Section Image

  • P

    Buyer's Agent in 2014

    Pamala Johnson

    Capital Choice Realty

    (515) 771-6340

    15 Total Sales

    Pamala Johnson
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 436731

Des Moines Area Association of REALTORS®

APN: 090-07736000000

Iowa Polk County Des Moines 50311 Waveland Woods

5620 University Ave, Des Moines, IA

Not Listed for Sale

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