4 months on rocket

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

$160,000

Home List Price

$1,900*

Closing Credit

3 Bedrooms
2 Full Baths
1,290 SqFt
$124/SqFt
House

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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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!

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

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.

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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

145 DAYS ON ROCKET

+113 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: 11/21/2024, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 20, 2018Home Sold
$54,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-307274
1
/10

  • Capitol View Elementary School

  • 320 E 16th St

  • 0.95 miles

  • Public District Grades EE-5

school-card-donut-307275
1
/10

  • Carver Elementary School

  • 705 E University Ave

  • 0.97 miles

  • Public District Grades KG-5

school-card-donut-307276
2
/10

  • Phillips Elementary School

  • 1701 Lay St

  • 1.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,000. Residents of Des Moines, IA typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1506 E 16th St

What is the listing price of this property?

The listing price of 1506 E 16th St property is $160,000.

What type of property is this?

The property 1506 E 16th St is a house located in Des Moines, Iowa, 50316.

Is this property for sale now?

Active Listing: 1506 E 16th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,436 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 20, 2018 for $54,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1506 E 16th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1506 E 16th St is 1,290 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1506 E 16th St is 1958.

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 more than 39 listings in Des Moines, IA were sold above the asking price. During the same period more than 62 listings were sold at asking price, while more than 139 were sold below. The number of listings in Des Moines, IA increased by 6.9% between September 2024 and October 2024. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $214,985.

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

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