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1001 Elder Lane

1001 Elder Lane, Des Moines, IA 50315
Property in Watrous South
Sold Dec 26, 2017
$82,000
$73,800 by Marine Cu
Mortgage Due Jan 05, 2048
1001 Elder Lane has been categorized by the local assessors in Des Moines, IA as a residential type of property. The building on the property was first built in 1946 and is 78 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1001 Elder Lane has 732 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,410 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,050 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of metal. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1001 Elder Lane sold most recently in Dec 20, 2017 for a total of $82,000. If you work out the math, that's approximately a cost of $87.98 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,032 in taxes each year. 1001 Elder Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $104,500. If we break it down further, the land itself was valued at $22,900. Improvements to the property, however, were assessed at a total of $81,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 200
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,050
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 500
  • Total Building Area: 932
  • Gross Building Area: 932
  • Building Area: 732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 732
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: YOUNKER PLACE
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 YOUNKER PLACE

Ownership

  • Current Owner : ORTEGA DOMIAN JORGE L
  • Previous Owner : BAKER BETTY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Des Moines Independent Community School District
  • Census Tract: 004502

Geography

  • Assessors Map Reference: B119
  • District: 120
  • Parcel: 120/06968-000-000
  • Lot: 2
  • Municipality: CITY OF DES MOINES
  • Latitude: 41.5456
  • Longitude: -93.6276

    Address

  • Full Address: 1001 Elder Ln
  • Address - House Number: 1001
  • Address - Street Name: Elder
  • Address - Suffix Type: Ln
  • State: IA
  • City Name: Des Moines
  • Carrier Code: C093
  • 4-Digit Zip Code: 3438
  • Zip Code: 50315

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,032
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 136,621
  • High Value: 163,090
  • Low Value: 110,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,800
  • First Open Lien Mortgage Lender: MARINE CU
  • First Open Lien Mortgage Recording Date: Dec 26, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $73,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 05, 2048

    Market Valuation

  • Market Total Value: $104,500
  • Market Land Value: $22,900
  • Market Improvement Value: $81,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,500
  • Assessed Land Value: $22,900
  • Assessed Improvements Value: $81,600

    Sales

  • Current Sale Contract Date: Dec 20, 2017
  • Current Sale Recording Date: Dec 26, 2017
  • Current Sale Transaction ID: 11490328891
  • Current Sale Price: $82,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-00051971

    Last Sale Mortgage

  • First Mortgage Lender: MARINE CU
  • First Mortgage Transaction Date: Dec 26, 2017
  • First Mortgage Loan Amount: $73,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 05, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Greater South Side



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Frequently Asked Questions

What neighborhood is 1001 Elder Lane located in?
The 1001 Elder Lane is a located in the neighborhood of Watrous South in Greater South Side, Des Moines.
What is the average sales price for listings in 1001 Elder Lane?
The average sales price for units in 1001 Elder Lane is $0 currently.

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