NOT LISTED FOR SALE

706 E Watrous Ave Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $197,953 - $206,000

2 Beds
2 Baths
784 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $60,777 $78 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,384/month

36 Days on Market

Highlights

  • 0.42 Acre Lot
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Eat-In Kitchen
  • Carpet

About This Home

As of July 2012

Exceptional opportunity to own this 70's ranch for over $51,000 less than assessed value and over $56,000 less than it sold for seven years ago. Single story on a nearly 1/2 acre lot with an oversized 24 x 30 garage, spacious updated kitchen with eat in area, master bedroom with walk in closet and a third bedroom and 3/4 bath in the lower level. Home needs repair but is an exceptional value at this price. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Diana Pastor

Country Estates Realty Listed on: 06/25/2012

Last Buyer's Agent

Chris Schild

Iowa Realty Mills Crossing

Iowa Realty Mills Crossing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 77 x 239

Home Design

  • 784 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 01003404000000

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 84.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 78.00
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Finished
  • Dining Room: Eat In Kitchen
  • Included Items: Dishwasher, Stove
  • Living Area Sq Ft: 784
  • Total Sq Ft: 784

Exterior Features

  • Exterior: Cement Board
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

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

Lot Info

  • Acres: 0.4200
  • Lot S F: 18403
  • Lot Shape: Regular
  • Lot Size: 77 x 239
  • Assessor Parcel Number: 01003404000000
  • 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: 1923.00
  • Net Taxes: 1784.00
  • Assessor Parcel Number: 706EWATROUSAVEPOLKDESMOINE50315

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2013
Sold by
Dynamic Enterprises Corp
Bought by
Watkins Andrew J and Loren Donna
Current Estimated Value
$212,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Outstanding Balance
$81,633
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$120,105

Purchase Details

Listed on
Jun 25, 2012
Closed on
Jul 31, 2012
Sold by
Hansen Richard Kyhl
Bought by
Dynamic Enterprises Corporation
Seller's Agent
Diana Pastor
Country Estates Realty
Buyer's Agent
Chris Schild
Iowa Realty Mills Crossing
List Price
$65,500
Sold Price
$60,777
Premium/Discount to List
-$4,723
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%

Purchase Details

Listed on
Jun 25, 2012
Closed on
Jul 30, 2012
Sold by
Federal National Mortgage Association
Bought by
Hansen Richard
Seller's Agent
Diana Pastor
Country Estates Realty
Buyer's Agent
Chris Schild
Iowa Realty Mills Crossing
List Price
$65,500
Sold Price
$60,777
Premium/Discount to List
-$4,723
-7.21%

Purchase Details

Closed on
May 31, 2012
Sold by
Hyden Michelle and Hyden Markis A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 30, 2005
Sold by
Whitman Donald R
Bought by
Hyden Markis A and Hyden Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.17%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 27, 2000
Sold by
Howe Dan L and Howe Robbie L
Bought by
Broderick Jane E and Hockey Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
12.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 25, 1999
Sold by
Homecomings Financial Network Inc
Bought by
Howe Dan and Howe Robbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,165
Interest Rate
6.92%
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
Watkins Andrew J $120,000 None Available
Dynamic Enterprises Corporation -- None Available
Hansen Richard -- None Available
Federal National Mortgage Association $139,369 None Available
Hyden Markis A $121,500 --
Broderick Jane E $86,900 --
Howe Dan $50,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Andrew J $116,400
Previous Owner Hyden Markis A $122,000
Previous Owner Broderick Jane E $78,300
Previous Owner Howe Dan $57,165
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $60,777 -7.2% $78 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $65,500 -- $84 / 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 $3,400 $218,300 $43,100 $175,200
2024 $3,400 $197,400 $38,400 $159,000
2023 $3,262 $197,400 $38,400 $159,000
2022 $3,234 $161,400 $32,600 $128,800
2021 $3,068 $161,400 $32,600 $128,800
2020 $3,182 $145,700 $29,600 $116,100
2019 $2,954 $145,700 $29,600 $116,100
2018 $2,920 $132,600 $26,400 $106,200
2017 $2,652 $132,600 $26,400 $106,200
2016 $2,578 $120,700 $23,700 $97,000
2015 $2,578 $120,700 $23,700 $97,000
2014 $2,770 $116,500 $22,800 $93,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Diana Pastor

    Country Estates Realty

    (515) 710-7100

    1 in this area

    50 Total Sales

    Diana Pastor
    Section Image
  • Chris Schild

    Buyer's Agent in 2012

    Chris Schild

    Iowa Realty Mills Crossing

    (515) 975-8868

    7 Total Sales

    Chris Schild
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 403203

Des Moines Area Association of REALTORS®

APN: 010-03404000000

Iowa Polk County Des Moines 50315 South Central DSM

706 E Watrous Ave, Des Moines, IA

Not Listed for Sale

Detached

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