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518 Watrous Avenue

518 Watrous Avenue, Des Moines, IA 50315
Property in Polk
Sold Nov 22, 2023
$107,060
$98,320 by Citimortgage Inc
Mortgage Due May 01, 2036
Sold Apr 11, 2006
$122,500
$98,320 by Citimortgage Inc
Mortgage Due May 01, 2036
Local assessors in Des Moines, IA have categorized 518 Watrous Avenue as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 1992. The property's lot size has been calculated to be 6,912 square feet. The linear feet between the front and back of the lot was measured at 1,440 ft and the front of the lot was measured at 480 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow 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, 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 518 Watrous Avenue has a total of 874 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 672 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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 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. The property was last sold in Nov 7, 2023 for $107,060. That's $67.67 per sqft. Prior to that sales transaction, the property was also sold in Apr 6, 2006 for $122,500. 518 Watrous Avenue was last assessed in 2023. The total value of the property was assessed at $140,000. Specifically, the land the property is located on was valued at $27,500. While improvements on the property were assessed at a total of $112,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,320. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 708
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,912
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,582
  • Gross Building Area: 1,774
  • Building Area: 874
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 874
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WATROUS HEIGHTS PLAT 1
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 38 WATROUS HEIGHTS PLAT 1

Ownership

  • Current Owner : WINTER BETH
  • Current Owner 2: ENBUSK JEFF
  • Previous Owner : SHERIFF OF POLK COUNTY IOWA
  • Owner Before Previous Owner: FINE TONY
  • Owner Before Previous Owner 2: FINE AMY

Neighborhood

  • School District Name: Des Moines Independent Community School District
  • Census Tract: 004501

Geography

  • Assessors Map Reference: B124
  • District: 120
  • Parcel: 120/06572-000-000
  • Lot: 38
  • Municipality: CITY OF DES MOINES
  • Latitude: 41.548
  • Longitude: -93.6218

    Address

  • Full Address: 518 Watrous Ave
  • Address - House Number: 518
  • Address - Street Name: Watrous
  • Address - Suffix Type: Ave
  • State: IA
  • City Name: Des Moines
  • Carrier Code: C073
  • 4-Digit Zip Code: 3538
  • Zip Code: 50315

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,320

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 169,572
  • High Value: 201,611
  • Low Value: 137,532

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $122,870
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 11, 2006
  • First Open Lien Mortgage Loan Amount: $98,320
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: May 01, 2036
  • Second Open Lien Mortgage Lender: CITIBANK FSB
  • Second Open Lien Mortgage Recording Date: Apr 11, 2006
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $24,550
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $27,500
  • Market Improvement Value: $112,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,000
  • Assessed Land Value: $27,500
  • Assessed Improvements Value: $112,500

    Sales

  • Current Sale Contract Date: Nov 07, 2023
  • Current Sale Recording Date: Nov 22, 2023
  • Current Sale Transaction ID: 11916696475
  • Current Sale Price: $107,060
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 62304
  • Previous Sale Recording Date: Apr 11, 2006
  • Previous Sale Contract Date: Apr 06, 2006
  • Previous Sale Amount: $122,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 11, 2006
  • Previous Mortgage Loan Amount: $98,320
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: May 01, 2036

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Frequently Asked Questions

What neighborhood is 518 Watrous Avenue located in?
The 518 Watrous Avenue is a located in the neighborhood of Polk in Des Moines, Des Moines.
What is the average sales price for listings in 518 Watrous Avenue?
The average sales price for units in 518 Watrous Avenue is $0 currently.

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