NOT LISTED FOR SALE

Estimated Value: $138,000 - $172,000

3 Beds
1 Bath
1,051 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $55,000 $52 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,019/month

97 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Whether you're a homebuyer who's tired of renting or an investor who's looking for a rental, you're going to want to take a look at this one! Story and a half on Des Moines' east side. Upstairs is a divided loft with two rooms and downstairs is roomy and open with an additional bedroom, full bath and a good sized kitchen. Room for storage in the unfinished basement. Nice, flat back yard is almost completely fenced in. Lot's of financial opportunities for the owner occupant buyer; $10,000 forgivable loan and $2500 closing costs through NFC and $10,500 down payment assistance through Project Reinvest! For the investor buyer, this has been under-rented at $925/mo and has a current rental certificate.

Last Agent to Sell the Property

Jami Bassman Ahart

RE/MAX Concepts Listed on: 05/18/2018

RE/MAX Concepts

Last Buyer's Agent

Jarrod Gray

Ruby Realty Group LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 5,900 Sq Ft Lot
  • Lot Dimensions are 50x118
  • Property is zoned R1-60

Parking

  • Driveway

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,051 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05001302000000

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 66.51
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 52.33
  • Termite: Follow Showing Instructions
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 672
  • Included Items: Dishwasher, Stove
  • Living Area Sq Ft: 1051
  • Total Sq Ft: 1051

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • 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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1350
  • Lot S F: 5900
  • Lot Shape: Regular
  • Lot Size: 50X118
  • Assessor Parcel Number: 05001302000000
  • Zoning: R1-60

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: 1702.00
  • Net Taxes: 1702.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2019
Sold by
C And Z Properties Llc
Bought by
Bolin Zachary Heath
Current Estimated Value
$151,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,635
Outstanding Balance
$87,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$60,989

Purchase Details

Listed on
May 18, 2018
Closed on
Aug 22, 2018
Sold by
Wubbena Real Estate Investments Llc
Bought by
C And Z Properties Llc
Seller's Agent
Jami Bassman Ahart
RE/MAX Concepts
Buyer's Agent
Jarrod Gray
Ruby Realty Group LLC
List Price
$87,500
Sold Price
$55,000
Premium/Discount to List
-$32,500
-37.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%
Original Mortgage
$135,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 29, 2009
Sold by
Wubbena R E Investments Llc
Bought by
Snyder Dominique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
4.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 15, 2008
Sold by
Wubbena R E Investments Llc
Bought by
Fulmer Sandy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2008
Sold by
Belger Catherine M and Peacock Jeremy L
Bought by
Wubbena Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2006
Sold by
Mahic Adem
Bought by
Belger Catherine M and Peacock Jeremy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,296
Interest Rate
6.34%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2004
Sold by
Exline James
Bought by
U S Bank Na

Purchase Details

Closed on
Mar 26, 2002
Sold by
Belcher Harold R and Belcher Patricia L
Bought by
Exline James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
9.75%
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
Bolin Zachary Heath -- None Available
C And Z Properties Llc $55,000 None Available
Snyder Dominique $90,000 None Available
Fulmer Sandy J $83,000 None Available
Wubbena Real Estate Investments Llc $54,500 None Available
Belger Catherine M $79,500 None Available
U S Bank Na $46,680 --
Exline James $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolin Zachary Heath $98,635
Previous Owner C And Z Properties Llc $135,000
Previous Owner Snyder Dominique $88,500
Previous Owner Wubbena Real Estate Investments Llc $61,600
Previous Owner Belger Catherine M $78,296
Previous Owner Exline James $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $55,000 -37.1% $52 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $87,500 -- $83 / 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 $2,250 $114,400 $20,200 $94,200
2023 $2,138 $114,400 $20,200 $94,200
2022 $2,122 $90,700 $16,500 $74,200
2021 $1,972 $90,700 $16,500 $74,200
2020 $2,048 $79,000 $14,500 $64,500
2019 $1,796 $79,000 $14,500 $64,500
2018 $1,778 $66,800 $12,500 $54,300
2017 $1,702 $66,800 $12,500 $54,300
2016 $1,658 $62,900 $11,600 $51,300
2015 $1,658 $62,900 $11,600 $51,300
2014 $1,628 $61,300 $11,300 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 561375

Des Moines Area Association of REALTORS®

APN: 050-01302000000