NOT LISTED FOR SALE

5625 NE 3rd St Des Moines, IA 50313

Marquisville Neighborhood

Estimated Value: $95,000 - $230,000

2 Beds
1 Bath
800 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $80,000 $100 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $970/month

22 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Dining Area
  • No HOA
  • Family Room

About This Home

As of August 2023

Investor special! Find the potential in this 2 bedroom, 1 bathroom ranch home near Saydel schools. The 800 square feet does not include the former garage and now second bedroom. This home sits on .43 acres and is surrounded by mature trees. Home is being sold "as-is".

Last Agent to Sell the Property

Stephen Kerr

Century 21 Signature Listed on: 06/01/2023

Century 21 Signature

Last Buyer's Agent

Hunter Egdorf

515 Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1950

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 98.5x191.6
  • Property is zoned LDR

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 800 Sq Ft Home
  • Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27002332000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 118.75
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 100.00
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Living Area Sq Ft: 800
  • Total Sq Ft: 800

Exterior Features

  • Foundation: Concrete Block, Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: Septic
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Saydel Consolidated

Lot Info

  • Acres: 0.4330
  • Lot S F: 18873
  • Lot Shape: Regular
  • Lot Size: 98.5X191.6
  • Assessor Parcel Number: 27002332000000
  • Zoning: LDR

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: 1375.78
  • Net Taxes: 1375.78

MLS Schools

  • School District: Saydel Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 11, 2023
Sold by
3Packet Com Inc
Bought by
Optimum Wealth Asset Management Llc
Seller's Agent
Stephen Kerr
Century 21 Signature
Buyer's Agent
Hunter Egdorf
515 Realty Company
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%
Views
141
Current Estimated Value
$161,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,927
Avg. Annual Appreciation
22.37%

Purchase Details

Closed on
Feb 10, 2021
Sold by
3Packet Com Inc
Bought by
Optimum Wealth Asset Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
0.6%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Aug 18, 2020
Sold by
Schneider Kevin J
Bought by
3Packetcom Inc

Purchase Details

Closed on
Aug 24, 1999
Sold by
Smith Jennifer and Smith Earl R
Bought by
Cameron Christine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
11.39%

Purchase Details

Closed on
Jul 29, 1998
Sold by
Smith Jennifer
Bought by
Smith Jennifer and Smith Earl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.03%

Purchase Details

Closed on
Jul 24, 1998
Sold by
Miklus Kathaleen I and Smith Jennifer
Bought by
Smith Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.03%

Purchase Details

Closed on
Dec 23, 1986
Sold by
Miklus Randy G
Bought by
Miklus Kathaleen I
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
Optimum Wealth Asset Management Llc $45,500 None Listed On Document
Optimum Wealth Asset Management Llc $45,000 None Available
3Packetcom Inc $32,999 None Available
Cameron Christine E $39,500 --
Smith Jennifer -- --
Smith Jennifer $25,000 --
Miklus Kathaleen I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Optimum Wealth Asset Management Llc $36,000
Previous Owner Cameron Christine E $13,900
Previous Owner Cameron Christine E $75,000
Previous Owner Cameron Christine E $30,000
Previous Owner Smith Jennifer $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $80,000 -15.8% $100 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $95,000 -- $119 / 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 $1,380 $100,800 $55,500 $45,300
2023 $1,412 $100,800 $55,500 $45,300
2022 $1,390 $86,700 $48,000 $38,700
2021 $1,182 $86,700 $48,000 $38,700
2020 $1,273 $78,300 $43,200 $35,100
2019 $1,032 $78,300 $43,200 $35,100
2018 $1,145 $67,900 $37,000 $30,900
2017 $946 $67,900 $37,000 $30,900
2016 $568 $62,700 $34,000 $28,700
2015 $568 $62,700 $34,000 $28,700
2014 $577 $61,300 $32,800 $28,500
Source: Public Records

Agents Affiliated with this Home

  • Stephen Kerr

    Seller's Agent in 2023

    Stephen Kerr

    Century 21 Signature

    (515) 720-2294

    1 in this area

    90 Total Sales

    Stephen Kerr
    Section Image
  • Hunter Egdorf

    Buyer's Agent in 2023

    Hunter Egdorf

    515 Realty Company

    (515) 368-0074

    1 in this area

    21 Total Sales

    Hunter Egdorf
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 674458

Des Moines Area Association of REALTORS®

APN: 270-02332000000

Iowa Polk County Des Moines 50313 Marquisville

5625 NE 3rd St, Des Moines, IA

This home is located at 5625 NE 3rd St, Des Moines, IA 50313 since 01 June 2023 and is currently estimated at $161,927, approximately $202 per square foot. This property was built in 1950. 5625 NE 3rd St is a home located in Polk County with nearby schools including Cornell Elementary School, Woodside Middle School, and Saydel 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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