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1527 Forest Ave, Des Moines, IA, 50314

$250,000

Home List Price

$2,969*

Closing Credit

4 Bedrooms
1 Full Bath
2,673 SqFt
$94/SqFt
House

Location

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1527 Forest Ave, Des Moines$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1924
HeatingElectric
BasementYes
MLS #704838
StatusActive

About 1527 Forest Ave

Positioned on the corner of Forest Ave & 16th St in Des Moines. This duplex presents a lucrative investment opportunity. Two 2bed 1 bath units (1350 SF) Both units currently occupied with leases in place ($1,050/$975). Heat, water & electric paid for by tenant. Low expenses, Rent's above market rate; This duplex is a perfect opportunity for a first time investor or one looking to grow the portfolio with this hands off- easy to manage asset. Contact Listing agent for OM & financials.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 2,673 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (515) 402-7941
  • Listing Agent: Kirby, Joshua

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Callanan Middle School, Public District Grades 6-8
  • Cowles Elementary School, Public District Grades PK-8
  • Goodrell Middle School, Public District Grades 6-8
  • King Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: East on Forest Ave to corner of 16th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $94/SqFt

Tax Information:

  • Annual Amount: $2,608
  • 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

$213.1K

Med. Price/SqFt

$190

Avg. Days On Market

27

# of Sold Homes

242

1527 Forest Ave vs Des Moines

1 DAY ON ROCKET

-26 Days

$250,000

+$36.8K More

$94/SqFt

-$96 Less

KEY TAKEAWAY

This property is $36.8K more than the Median Sold Price and $96/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: #704838

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (515) 402-7941
  • Listing Agent: Kirby, Joshua

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: 9/27/2024, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,608$112,300
2020$2,608$100,600
2019$1,602$100,600
2018$1,602$60,200
2017$1,834$60,200

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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.

Elementary School

school-card-donut-813910
3
/10

  • King Elementary School

  • 1849 Forest Ave

  • 0.17 miles

  • Public District Grades PK-5

Middle School

school-card-donut-813911
4
/10

  • Callanan Middle School

  • 3010 Center St

  • 1.36 miles

  • Public District Grades 6-8

school-card-donut-813912
9
/10

  • Cowles Elementary School

  • 6401 College Ave

  • 3.44 miles

  • Public District Grades PK-8

school-card-donut-813913
1
/10

  • Goodrell Middle School

  • 3300 E 29th St

  • 4.19 miles

  • Public District Grades 6-8

High School

school-card-donut-813914
3
/10

  • Roosevelt High School

  • 4419 Center St

  • 2.23 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,912. Typical income of Des Moines, IA residents is less than $35k annually. Most families are 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 1527 Forest Ave

What is the listing price of this property?

The listing price of 1527 Forest Ave property is $250,000.

What type of property is this?

The property 1527 Forest Ave is a house located in Des Moines, Iowa, 50314.

Is this property for sale now?

Active Listing: 1527 Forest Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1527 Forest Ave are:
King Elementary School: GreatSchools Rating 3/10
Callanan Middle School: GreatSchools Rating 4/10
Cowles Elementary School: GreatSchools Rating 9/10
Goodrell Middle School: GreatSchools Rating 1/10
Roosevelt High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,608 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1527 Forest Ave has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1527 Forest Ave is 2,673 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1527 Forest Ave is 1924.

Rocket Homes›Iowa›Polk County›Des Moines›50314›1527 Forest Ave

This home is located at 1527 Forest Ave in Des Moines, IA and zip code 50314 in the King Irving neighborhood. This 2,673 square foot home was built in 1924. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $250,000.

Over 55 listings were sold over their listed price in August 2024 in Des Moines, IA. In the same period over 126 listings were sold below the listed price and 61 listings were sold for the listed price. In August 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $213,114.

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

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