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2705 Southeast 5th Street

2705 Southeast 5th Street, Des Moines, IA 50315
Property in Indianola Hills
Sold Sep 14, 2009
$117,500
$88,000 by Nationstar Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Aug 13, 2002
$117,900
Local assessors in Des Moines, IA have categorized 2705 Southeast 5th Street as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 12,803 square feet. 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 5 rooms in the home. Of these, 3 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 2705 Southeast 5th Street has a total of 1,034 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. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding 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, 2705 Southeast 5th Street sold most recently in Sep 10, 2009 for a total of $117,500. If you work out the math, that's approximately a cost of $57.21 per sqft. Before that, the property was also sold for $117,900 in Jun 20, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,316 in taxes each year. The initial year of tax delinquency occurred in 2020. 2705 Southeast 5th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $176,100. If we break it down further, the land itself was valued at $24,200. Improvements to the property, however, were assessed at a total of $151,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,020
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,803
  • Total Building Area: 2,054
  • Gross Building Area: 2,054
  • Building Area: 1,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,034
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SEC 15-78-24
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential
  • Legal Description 1: -EX E 29.33F & S & W OF LN BEG 10F E OF NW COR THN S82F SE TO PT 29.33F W OF E LN & 11F N OF S LN & PARCEL A BK 9110 PG 409- LT 6 OP W 1/4 NW 1/4 SE 1/4 SEC 15-78-24

Ownership

  • Current Owner : PHILLIPS RICHARD WRIGHT
  • Current Owner 2: SULLIVAN PHILLIPS JEANNE MARGARET
  • Previous Owner : R M MADDEN CONSTRUCTION INC
  • Owner Before Previous Owner: R M MADDEN CONSTRUCTION INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Des Moines Independent Community School District
  • Census Tract: 004400

Geography

  • Assessors Map Reference: 0474
  • District: 010
  • Parcel: 010/06337-004-000
  • Lot: 6
  • Meridian: SEC 15 TWN 78N RNG 24W
  • Municipality: CITY OF DES MOINES
  • Latitude: 41.5607
  • Longitude: -93.6062

    Address

  • Full Address: 2705 Se 5th St
  • Address - House Number: 2705
  • Street Direction: SE
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: IA
  • City Name: Des Moines
  • Carrier Code: C105
  • 4-Digit Zip Code: 2302
  • Zip Code: 50315

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,316
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2162
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 204,316
  • High Value: 248,497
  • Low Value: 160,135

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,000
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 27, 2022
  • First Open Lien Mortgage Loan Amount: $88,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $176,100
  • Market Land Value: $24,200
  • Market Improvement Value: $151,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,100
  • Assessed Land Value: $24,200
  • Assessed Improvements Value: $151,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 10, 2009
  • Current Sale Recording Date: Sep 14, 2009
  • Current Sale Transaction ID: 1180394041
  • Current Sale Price: $117,500
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 2010-00022601
  • Previous Sale Recording Date: Aug 13, 2002
  • Previous Sale Contract Date: Jun 20, 2002
  • Previous Sale Amount: $117,900
  • Previous Sale Document Type: Re-recorded Document

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SOUTHWEST MORTGAGE CO
  • First Mortgage Transaction Date: Sep 14, 2009
  • First Mortgage Loan Amount: $108,109
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2039

    Previous Mortgages

  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Jun 20, 2017

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Frequently Asked Questions

What neighborhood is 2705 Southeast 5th Street located in?
The 2705 Southeast 5th Street is a located in the neighborhood of Indianola Hills in Indianola Hills, Des Moines.
What is the average sales price for listings in 2705 Southeast 5th Street?
The average sales price for units in 2705 Southeast 5th Street is $0 currently.

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