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1521 56th Street

1521 56th Street, Des Moines, IA 50311
Property in Merle Hay
Sold Apr 21, 2017
$127,000
$123,190 by Gershman Investment Corp
Mortgage Due May 01, 2047
Sold Oct 31, 2011
$94,500
$92,591 by American Southwest Mortgage Co
Mortgage Due Nov 01, 2041
1521 56th Street 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 1941 and is 83 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. 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, 1521 56th Street has 744 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 1,320 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,600 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 attached garage for those who require parking. The garage measured 220 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as unknown. The building has a gable style roof made of asphalt. 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, 1521 56th Street sold most recently in Apr 19, 2017 for a total of $127,000. If you work out the math, that's approximately a cost of $74.36 per sqft. Before that, the property was also sold for $94,500 in Oct 19, 2011. 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 $2,862 in taxes each year. 1521 56th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $146,400. If we break it down further, the land itself was valued at $35,800. Improvements to the property, however, were assessed at a total of $110,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Bungalow
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 744
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,708
  • Gross Building Area: 1,708
  • Building Area: 744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 744
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HEIGHTS PLAT 3
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 371 UNIVERSITY HEIGHTS PLAT 3

Ownership

  • Current Owner : BRITT MATTHEW L
  • Current Owner 2: ERSKIN MCGINNIS STACY J
  • Previous Owner : PALLADINO ANTHONY
  • Previous Owner 2: PALLADINO ELMA
  • Owner Before Previous Owner: KIEFER BENJAMIN ALAN
  • Owner Before Previous Owner 2: KIEFER MELISSA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Des Moines Independent Community School District
  • Census Tract: 000901

Geography

  • Assessors Map Reference: 1264
  • District: 100
  • Parcel: 100/12138-000-000
  • Lot: 371
  • Municipality: CITY OF DES MOINES
  • Latitude: 41.6067
  • Longitude: -93.6939

    Address

  • Full Address: 1521 56th St
  • Address - House Number: 1521
  • Address - Street Name: 56th
  • Address - Suffix Type: St
  • State: IA
  • City Name: Des Moines
  • Carrier Code: C071
  • 4-Digit Zip Code: 2215
  • Zip Code: 50311

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,862
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 181,109
  • High Value: 218,003
  • Low Value: 144,215

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,190
  • First Open Lien Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Open Lien Mortgage Recording Date: Apr 21, 2017
  • First Open Lien Mortgage Loan Amount: $123,190
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2047

    Market Valuation

  • Market Total Value: $146,400
  • Market Land Value: $35,800
  • Market Improvement Value: $110,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,400
  • Assessed Land Value: $35,800
  • Assessed Improvements Value: $110,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2017
  • Current Sale Recording Date: Apr 21, 2017
  • Current Sale Transaction ID: 1807537572
  • Current Sale Price: $127,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-00087322
  • Previous Sale Recording Date: Oct 31, 2011
  • Previous Sale Contract Date: Oct 19, 2011
  • Previous Sale Amount: $94,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Mortgage Transaction Date: Apr 21, 2017
  • First Mortgage Loan Amount: $123,190
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN SOUTHWEST MORTGAGE CO
  • Previous Mortgage Transaction Date: Oct 31, 2011
  • Previous Mortgage Loan Amount: $92,591
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2041

About Merle Hay



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Frequently Asked Questions

What neighborhood is 1521 56th Street located in?
The 1521 56th Street is a located in the neighborhood of Merle Hay in Merle Hay, Des Moines.
What is the average sales price for listings in 1521 56th Street?
The average sales price for units in 1521 56th Street is $0 currently.

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