1506 E 16th St, Des Moines, IA, 50316

Location

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1506 E 16th St, Des Moines$160,000

Buyer Closing Credits

$1,900^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeResidential

Year Built1958

HeatingForced Air, Natural Gas

CoolingCentral Air

MLS #698218

Lot Size0.15 Acres

StatusActive

About 1506 E 16th St

Discover a transformed gem! This charming 3-bedroom, 2-bath home features a modernized open layout, including a master suite added to the back. Key upgrades include a new metal roof (expected lifespan of 50 years), replaced HVAC and water heater, and preserved hardwood floors in the original areas. The backyard is nearly fully fenced, and there's a concrete pad where a garage once stood, offering potential for expansion. A comprehensive list of upgrades is available upon request. Don’t miss out on this beautifully updated home!

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Property Details

Property Features

Property Information:

• Architectural Style: Bungalow
• Year Built: 1958
• Living Area: 1,290 SqFt

Listing Office:

• Office Name: Century 21 Signature
• Office Phone: (515) 710-7721
• Listing Agent: Rob Wheeler

Interior Features

Interior Information:

• Flooring Type: Hardwood

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Lot Features

Lot Information:

• Lot: Rectangular Lot
• Lot Size: 0.15 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Natural Gas
• Cooling: Central Air

School Info

Assigned Schools Information:

• East High School, Public District Grades 9-12
• Goodrell Middle School, Public District Grades 6-8
• Hiatt Middle School, Public District Grades 6-8
• Cowles Elementary School, Public District Grades PK-8
• Garton Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: North of E University on E 16th St

Price Information

Listing Price Info

Price Summary:

• List Price: $160,000
• Price Per SqFt: $124/SqFt

Tax Information:

• Annual Amount: $1,436
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Des Moines, IA.

Des Moines, IA

City

Med. Sold Price

$214.9K

Med. Price/SqFt

$190

Avg. Days On Market

32

# of Sold Homes

240

1506 E 16th St vs Des Moines

129 DAYS ON ROCKET

+97 Days

$160,000

-$54.9K Less

$124/SqFt

-$67 Less

KEY TAKEAWAY

This property is $54.9K less than the Median Sold Price and $67/SqFt less than other homes in Des Moines, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: DMAAR
• MLS Number: #698218

Listing Office:

• Office Name: Century 21 Signature
• Office Phone: (515) 710-7721
• Listing Agent: Rob Wheeler

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Dec 20, 2018	Dec 20, 2018Home Sold	$54,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$1,436	$102,600
2020	$1,436	$55,400
2019	$1,962	$55,400
2018	$1,962	$82,500
2017	$1,830	$82,500

History based on county public records data.

Rocket Homes›Iowa›Polk County›Des Moines›50316›1506 E 16th St

This home is located at 1506 E 16th St in Des Moines, IA and zip code 50316 in the Martin Luther King Jr. Park neighborhood. This 1,290 square foot home, which was built in 1958, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $160,000.

In October 2024, from all listings sold in Des Moines, IA there were more than 39 sold above asking price, over 139 sold below and more than 62 were sold right at the asked price. The inventory of homes for sale in Des Moines, IA between September 2024 and October 2024 increased by 6.9%. While the average time on the market in October 2024 was 32 days, the median list price was $214,985.

From Rocket Homes Real Estate and based on county public records data.