NOT LISTED FOR SALE

7400 SW 22nd St Des Moines, IA 50321

Southwestern Hills Neighborhood

Estimated Value: $225,006

4.07 Acres
$55,338 Price per Acre
177,115 Sq Ft Lot

Last Sold April 20, 2022

Last sale price $208,750

Est. 8% increase in value since last sale

Current estimated payment $1,403/month

About This Lot

As of April 2022

Easy access to the hwy 5 bypass and within 2 minutes drive to the airport. 10 year declining or 3 year full 100% tax abatement available.

Last Agent to Sell the Property

David Welch

RE/MAX Precision Listed on: 05/28/2019

RE/MAX Precision

Co-Listed By

Elliot Rutt

RE/MAX Precision

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $105

Lot Details

  • 4.07 Acre Lot
  • Level Lot
  • Property is zoned PUD

Additional Features

  • Electricity Available at Street
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 12000005616000

Property Details

Property Type

Land

Est. Annual Taxes

$105

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Electricity: Street
  • Gas: Natural

Lot Info

  • Acres: 4.0660
  • Lot S F: 177100
  • Lot Shape: Regular
  • Lot Type: Flat
  • Assessor Parcel Number: 12000005616000
  • Zoning: PUD

Tax Info

  • Gross Taxes: 105.00
  • Net Taxes: 105.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Next Phase Development Llc
Bought by
Next Phase Development 7400 Sw 22D Street Dsm
Current Estimated Value
$225,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,376,202
Outstanding Balance
$5,144,077
Interest Rate
5.78%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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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
Next Phase Development 7400 Sw 22D Street Dsm $1,000 Belin Mccormick Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Next Phase Development 7400 Sw 22D Street Dsm $5,376,202
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $208,750 -41.1% --
04/20/2022 04/20/22 Pending -- -- --
05/28/2019 05/28/19 For Sale $354,200 -- --
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 $49,942 $8,200,000 $491,000 $7,709,000
2024 $49,942 $7,665,000 $431,000 $7,234,000
2023 $110 $1,380,000 $431,000 $949,000
2022 $106 $4,050 $4,050 $0
2021 $112 $4,050 $4,050 $0
2020 $116 $4,340 $4,340 $0
2019 $108 $4,340 $4,340 $0
2018 $104 $5,730 $5,730 $0
2017 $94 $5,730 $5,730 $0
2016 $92 $5,920 $5,920 $0
2015 $92 $5,920 $5,920 $0
2014 $24 $6,010 $6,010 $0
Source: Public Records

Agents Affiliated with this Home

  • David Welch

    Seller's Agent in 2022

    David Welch

    RE/MAX

    (515) 201-4203

    19 in this area

    241 Total Sales

    David Welch
    Section Image
  • Elliot Rutt

    Seller Co-Listing Agent in 2022

    Elliot Rutt

    RE/MAX

    6 in this area

    42 Total Sales

    Elliot Rutt
    Section Image

  • O

    Buyer's Agent in 2022

    OUTSIDE AGENT

    OTHER

    22 in this area

    5,686 Total Sales

    OUTSIDE AGENT
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 583533

Des Moines Area Association of REALTORS®

APN: 120-00005616000

Iowa Polk County Des Moines 50321 Southwestern Hills

7400 SW 22nd St, Des Moines, IA

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