See Home Value
$278,768*
House - Off Market

640 48th Street

Des Moines, IA 50312
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1048 Sqft
$225,000 - $275,000
Reference Base Price*
11.51%
Since Dec 1, 2021
National-US
Primary Model
Sold Nov 23, 2021
$250,000
$200,000 by Northwest Bank
Mortgage
Sold Mar 19, 2019
$220,000
$176,000 by Homeservices Lending Llc
Mortgage Due Apr 01, 2049

About This Property

The manager has listed the unit size as 1048 square feet.
Unit Size
1,048Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$239
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Nov 23, 2021 Sold $250,000
Sold
Nov 4, 2021 No longer available -
No longer available
Sep 29, 2021 In contract -
In contract
Sep 23, 2021 Listed $250,000
Listed
Mar 19, 2019 Sold to Colleen M Biggs, Nicholas W... $220,000
Sold to Colleen M Biggs, Nicholas W...
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,048
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,878
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 520
  • Total Building Area: 2,131
  • Gross Building Area: 2,131
  • Building Area: 1,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,048
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GILLESPIE PLACE
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11 GILLESPIE PLACE

Ownership

  • Current Owner : AURORA REAL ESTATE COMPANY LLC
  • Previous Owner : BRIGGS NICHOLAS W
  • Previous Owner 2: BRIGGS COLLEEN M
  • Owner Before Previous Owner: ANCHOR INVESTMENT GROUP LLC
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 15, 2024

Neighborhood

  • School District Name: Des Moines Independent Community School District
  • Census Tract: 003002

Geography

  • Assessors Map Reference: 0524
  • District: 090
  • Parcel: 090/02199-000-000
  • Lot: 11
  • Municipality: CITY OF DES MOINES
  • Latitude: 41.5878
  • Longitude: -93.6832

    Address

  • Full Address: 640 48th St
  • Address - House Number: 640
  • Address - Street Name: 48th
  • Address - Suffix Type: St
  • State: IA
  • City Name: Des Moines
  • Carrier Code: C018
  • 4-Digit Zip Code: 1932
  • Zip Code: 50312

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,730

    Appraisal Valuation

  • Standard Deviation: 0.213
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 213,401
  • High Value: 258,870
  • Low Value: 167,932

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $248,700
  • Market Land Value: $63,600
  • Market Improvement Value: $185,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,700
  • Assessed Land Value: $63,600
  • Assessed Improvements Value: $185,100

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Transaction ID: 11869264349
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00123938
  • Previous Sale Recording Date: Mar 19, 2019
  • Previous Sale Contract Date: Mar 14, 2019
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWEST BANK
  • First Mortgage Transaction Date: Nov 23, 2021
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: HOMESERVICES LENDING LLC
  • Previous Mortgage Transaction Date: Mar 19, 2019
  • Previous Mortgage Loan Amount: $176,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,260 ft²
$179/ft²
$225,000 Mar 1, 2024
-
$346/mo
In Contract
House
3 Beds
2 Baths
1,188 ft²
$206/ft²
$244,900 Jun 7, 2024
-
$263/mo
In Contract
House
3 Beds
1 Bath
1,194 ft²
$193/ft²
$229,900 May 3, 2024
-
$352/mo
House
3 Beds
2 Baths
1,610 ft²
$183/ft²
$294,900 Mar 15, 2024
-
$429/mo
Condo
3 Beds
2 Baths
1,433 ft²
$156/ft²
$224,000 Mar 20, 2024
-
$819/mo
In Contract
Multifamily
Stu
2 Baths
1,746 ft²
$145/ft²
$254,000 Apr 19, 2024
-
$428/mo
House
Stu
-
3,014 ft²
$90/ft²
$270,000 Jun 10, 2024
-
$747/mo
Multifamily
Stu
3 Baths
3,125 ft²
$88/ft²
$275,000 Apr 19, 2024
-
$422/mo

About Waterbury


Similar Homes for Sale

Unit for sale at 677 38th Street, Des Moines, IA 50312

$294,900

  • 3 Beds
  • 2 Baths
  • 1,610 ft²
677 38th Street, Des Moines, IA 50312 Listing by Amanda Fontana

Nearby Rentals

Unit for rent at

$850 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$775 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Manager
Unit for rent at

$850 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
Listing by Manager


Frequently Asked Questions

When was property at 640 48th Street built and last sold?
The property at 640 48th Street was built in 1922 and last sold on Oct 27, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 640 48th Street is $252,856.
What are some comparable homes to 640 48th Street?
There are currently no comparable homes to 640 48th Street.

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