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505 East McKinley Avenue

505 East McKinley Avenue, Des Moines, IA 50315
Property in Jordan Park
1 Units For Sale
Unit for sale at 505 E McKinley Avenue, Des Moines, IA 50315

$250,000

  • Studio
  • 2 Baths
  • 1,518 ft²
505 E McKinley Avenue, Des Moines, IA 50315 Listing by Chase Keller

505 East McKinley Avenue in Des Moines, IA was first built in 1982 and is 42 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 505 East McKinley Avenue has 2,438 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,472 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 8,050 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The property is connected to a sewer system. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 505 East McKinley Avenue was last sold in Aug 10, 2023 for $258,500. According to our calculations, that's $86.45 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Jul 8, 2021. Current property owners are expected to pay $3,962 in taxes per year. The property on 505 East McKinley Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $210,700. To break that down further, the land itself was valued at $31,700. While improvements to the property were assessed at a total of $179,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Wood Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210511
05/11/2021
Studio
4 Bath
1518 ft²
$185,000
bedrooms
Studio
bathrooms
4 Bath
square feet
1518 ft²
$210,000 +13.51%
07/23/2021
David VanderEcken
VIA Group, REALTORS

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 1,472
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,050
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,990
  • Gross Building Area: 2,990
  • Building Area: 2,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,438
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MC KINLEY MANOR PLAT 3
  • Land Acres: 0.185
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LT 2 MC KINLEY MANOR PLAT 3

Ownership

  • Current Owner : MISSOI ALBERT K
  • Previous Owner : STONE MATTHEW
  • Previous Owner 2: STONE EMILY
  • Owner Before Previous Owner: COSIMO MARY E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Des Moines Independent Community School District
  • Census Tract: 004602

Geography

  • Assessors Map Reference: B182A
  • District: 120
  • Parcel: 120/03295-202-000
  • Lot: 2
  • Municipality: CITY OF DES MOINES
  • Latitude: 41.5406
  • Longitude: -93.6059

    Address

  • Full Address: 505 E Mckinley Ave
  • Address - House Number: 505
  • Street Direction: E
  • Address - Street Name: Mckinley
  • Address - Suffix Type: Ave
  • State: IA
  • City Name: Des Moines
  • Carrier Code: C064
  • 4-Digit Zip Code: 4349
  • Zip Code: 50315

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,962

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 232,238
  • High Value: 273,651
  • Low Value: 190,824

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,800
  • First Open Lien Mortgage Lender: FORTRESS BANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2023
  • First Open Lien Mortgage Loan Amount: $206,800
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $210,700
  • Market Land Value: $31,700
  • Market Improvement Value: $179,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,700
  • Assessed Land Value: $31,700
  • Assessed Improvements Value: $179,000

    Sales

  • Current Sale Contract Date: Aug 10, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Transaction ID: 11911182665
  • Current Sale Price: $258,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 44026
  • Previous Sale Recording Date: Jul 23, 2021
  • Previous Sale Contract Date: Jul 08, 2021
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FORTRESS BANK
  • First Mortgage Transaction Date: Aug 17, 2023
  • First Mortgage Loan Amount: $206,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Jul 23, 2021
  • Previous Mortgage Loan Amount: $157,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About South Park



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Frequently Asked Questions

What neighborhood is 505 East McKinley Avenue located in?
The 505 East McKinley Avenue is a located in the neighborhood of Jordan Park in South Park, Des Moines.
How many listings are currently for sale in 505 East McKinley Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 505 East McKinley Avenue?
The average sales price for units in 505 East McKinley Avenue is $185,000 , or $122/sqft. currently.

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