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2507 Adams Avenue

2507 Adams Avenue, Des Moines, IA 50310
Property in Prospect Park
Sold Jan 04, 2021
$125,000
$122,637 by Homeservices Lending Llc
Mortgage Due Dec 01, 2050
Sold Jul 13, 2012
$78,500
$76,235 by Homeservices Lending Llc
Mortgage Due Aug 01, 2042
Local assessors in Des Moines, IA have categorized 2507 Adams Avenue as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 7,000 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2507 Adams Avenue has a total of 788 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 320 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of metal were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 2507 Adams Avenue sold most recently in Nov 19, 2020 for a total of $125,000. If you work out the math, that's approximately a cost of $79.31 per sqft. Before that, the property was also sold for $78,500 in Jul 10, 2012. 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 $2,724 in taxes each year. 2507 Adams Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $142,600. If we break it down further, the land itself was valued at $33,000. Improvements to the property, however, were assessed at a total of $109,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 788
  • Garage Type: Garage
  • Garage Square Area: 320
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,576
  • Gross Building Area: 1,576
  • Building Area: 788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 788
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GLEN OAKS
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THAT PART OF LOT 1 N OF & ADJ & ALL LOT 15 GLEN OAKS

Ownership

  • Current Owner : PRESTON MATTHEW R
  • Current Owner 2: WOLFE ANN
  • Previous Owner : DIELEMAN DANIEL
  • Previous Owner 2: DIELEMAN JANELLE
  • Owner Before Previous Owner: STALHEIM JENNIFER A
  • Owner Before Previous Owner 2: STEENBEKE STEVEN P
  • 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: 000701

Geography

  • Assessors Map Reference: 1130
  • District: 080
  • Parcel: 080/02449-000-000
  • Lot: 1,15
  • Municipality: CITY OF DES MOINES
  • Latitude: 41.622
  • Longitude: -93.6514

    Address

  • Full Address: 2507 Adams Ave
  • Address - House Number: 2507
  • Address - Street Name: Adams
  • Address - Suffix Type: Ave
  • State: IA
  • City Name: Des Moines
  • Carrier Code: C006
  • 4-Digit Zip Code: 6236
  • Zip Code: 50310

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,724

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 164,892
  • High Value: 195,855
  • Low Value: 133,928

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,637
  • First Open Lien Mortgage Lender: HOMESERVICES LENDING LLC
  • First Open Lien Mortgage Recording Date: Jan 04, 2021
  • First Open Lien Mortgage Loan Amount: $122,637
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $142,600
  • Market Land Value: $33,000
  • Market Improvement Value: $109,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,600
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $109,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Jan 04, 2021
  • Current Sale Transaction ID: 11810132979
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00000104
  • Previous Sale Recording Date: Jul 13, 2012
  • Previous Sale Contract Date: Jul 10, 2012
  • Previous Sale Amount: $78,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESERVICES LENDING LLC
  • First Mortgage Transaction Date: Jan 04, 2021
  • First Mortgage Loan Amount: $122,637
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HOMESERVICES LENDING LLC
  • Previous Mortgage Transaction Date: Jul 13, 2012
  • Previous Mortgage Loan Amount: $76,235
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2042

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Frequently Asked Questions

What neighborhood is 2507 Adams Avenue located in?
The 2507 Adams Avenue is a located in the neighborhood of Prospect Park in Prospect Park, Des Moines.
What is the average sales price for listings in 2507 Adams Avenue?
The average sales price for units in 2507 Adams Avenue is $0 currently.

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