512 Leland Ave, Des Moines, IA 50315

2 beds1.5 baths768 sqft Edit

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Sold: $105,000
Sold on 07/09/15
Zestimate®: $88,785
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Outstanding Opportunity To Buy For $26,400 Less Than Assessed Value And $55,100 Less Than The Home Sold For Back In 2007. 2 Br Ranch With Possible 1 Br Mother-In-Law Apartment In W/O Basement. Home Needs Some Cosmetic Repair And Flooring. Great Value Here For A Handy Owner Occupied Or Investor. The Garage Is Extra Deep With A Workshop In The Back, And The Back Yard Is Fenced, There Is Plenty Room For A Garden Or A Play Area. Home Does Have Some Discoloration. This Is A Fannie Mae Homepath Property. Purchase This Home For As Little As 3% Down! Eligibility Restrictions Apply. This Property Is Approved For Homepath Renovation Mortgage Financing.

Facts

  • Lot: 10,018 sqft
  • Single Family
  • Built in 1955
  • Views: 397 all time views
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Jul 2015 for $105,000
  • Last sale price/sqft: $137

Features

  • Deck
  • Finished basement, 400 sqft
  • Parking: 624 sqft

Additional Features

  • HomePath Renovation Financing

Construction

  • Exterior material: Vinyl
  • Roof type: Other
  • Room count: 4
  • Stories: 1
  • Structure type: Bungalow
  • Unit count: 1

Other

  • Floor size: 768 sqft
  • Lot depth: 125 ft
  • Lot width: 80 ft
  • Parcel #: 12005463001000
  • Zillow Home ID: 819876

Zestimate Details

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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$88,785
+$2,534 Last 30 days
$78K
$95K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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$993/mo
-$4 Last 30 days
$894
$1.3K
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Improve This Home's Value

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Popularity on Zillow

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397 all-time views
of this home (chart)
59 forecasted views of this home
in the first 7 days after listing for sale

Comparable Homes

Homes like this sold for $76-129K.

$60K
$140K

Mortgages

Neighborhood: 50315

Median Zestimate

$105,000

3.3%

1-yr forecast

The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

Market temp 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold
Buyers' Market
Sellers' Market

Foreclosures (per 10K)

7 50315
5 Des Moines
3.6 United States
Zillow predicts 50315 home values will rise 1.8% next year, compared to a 1.7% increase for Des Moines as a whole. Among 50315 homes, this home is valued 10.2% less than the midpoint (median) home, but is valued 41.7% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 50315, the number of foreclosures waiting to be sold is 46.6% higher than in Des Moines, and 148.6% higher than the national average. This higher local number may prevent 50315 home values from rising as quickly as other regions in Des Moines.
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    Nearby Schools in Des Moines

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    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org