$9,500
SOLD AUG 31, 2012
2 Beds
1 Bath
988 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$10 Per Sq Ft

37% Below List Price

28 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • 4-minute walk to Whitmer Park

About This Home

As of April 2017

Excellent investor opportunity. Bank Foreclosure, property sold AS-IS. Bank responses are prompt. Utilities are off bring a flashlight and a cash offer.

Last Agent to Sell the Property

Dave White

RE/MAX Concepts License #S22302000 Listed on: 08/03/2012

RE/MAX Concepts

Co-Listed By

Kim white

RE/MAX Concepts

Last Buyer's Agent

Dave White

RE/MAX Concepts License #S22302000 Listed on: 08/03/2012

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is zoned R-4

Home Design

  • 988 Sq Ft Home
  • Bungalow
  • Brick Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 04002975000000

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 15.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 10.00
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Sq Ft Bsmt: 988
  • Living Area Sq Ft: 988
  • Total Sq Ft: 988

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1700
  • Lot S F: 7500
  • Lot Size: 50X150
  • Assessor Parcel Number: 04002975000000
  • Zoning: R-4

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: 1734.00
  • Net Taxes: 1734.00
  • Assessor Parcel Number: 812LYONSTPOLKDESMOINE50309

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
Apr 23, 2017
Sold by
Guzman Consuelo and Contreras Juan Carlos
Bought by
Posado Hazel E
Seller's Agent
Lisa Char
Fathom Realty
Buyer's Agent
Lisa Char
Fathom Realty
List Price
$114,900
Sold Price
$95,000
Premium/Discount to List
-$19,900
-17.32%
Total Days on Market
28
Current Estimated Value
$142,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,711
Avg. Annual Appreciation
6.43%
Original Mortgage
$91,553
Outstanding Balance
$78,132
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$79,302

Purchase Details

Listed on
Aug 3, 2012
Closed on
Aug 29, 2012
Sold by
Bankers Trust Company
Bought by
Guzman Consuelo and Contreras Juan Carlos
Seller's Agent
Dave White
RE/MAX Concepts
Buyer's Agent
Dave White
RE/MAX Concepts
List Price
$15,000
Sold Price
$9,500
Premium/Discount to List
-$5,500
-36.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.08%

Purchase Details

Closed on
May 31, 2012
Sold by
Olmos Gilberto
Bought by
Bankers Trust Company

Purchase Details

Closed on
Aug 5, 2004
Sold by
Velez Francisco and Velez Claudia
Bought by
Olmos Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,833
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2003
Sold by
First National Acceptance Co
Bought by
Velez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 4, 2001
Sold by
First National Accepance Company
Bought by
Harris John and Harris Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 1999
Sold by
Cmc Investments Llc
Bought by
First National Acceptance Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
10.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 1999
Sold by
Cmc Investment Llc
Bought by
Nicholas James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
10.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 10, 1997
Sold by
Braig Investments L C
Bought by
Cmc Investments L L C
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 Type Sale Price Title Company
Warranty Deed $95,000 None Available
Corporate Deed $9,000 None Available
Sheriffs Deed $56,890 None Available
Warranty Deed $68,500 --
Corporate Deed $48,000 --
Contract Of Sale $48,000 --
Quit Claim Deed -- --
Contract Of Sale $49,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $91,553 New Conventional
Previous Owner $60,833 Purchase Money Mortgage
Previous Owner $45,600 Seller Take Back
Previous Owner $46,000 Seller Take Back
Previous Owner $49,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $95,000 -17.3% $96 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $114,900 +1109.5% $116 / Sq Ft
08/31/2012 08/31/12 Sold $9,500 -36.7% $10 / Sq Ft
08/31/2012 08/31/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $15,000 -- $15 / 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 $1,828 $103,400 $20,100 $83,300
2023 $1,798 $103,400 $20,100 $83,300
2022 $1,784 $85,200 $17,000 $68,200
2021 $1,760 $85,200 $17,000 $68,200
2020 $1,822 $79,100 $15,900 $63,200
2019 $1,642 $79,100 $15,900 $63,200
2018 $1,620 $69,600 $14,000 $55,600
2017 $1,832 $69,600 $14,000 $55,600
2016 $2,143 $67,700 $13,400 $54,300
2015 $1,784 $67,700 $13,400 $54,300
2014 $2,375 $69,400 $13,800 $55,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 404966

Des Moines Area Association of REALTORS®

APN: 040-02975000000