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1527 Forest Ave, Des Moines, IA, 50314

$250,000

Home List Price

$2,969*

Closing Credit

0 Baths
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 TypeResidential
ParkingDetached, Garage, Two Car Garage
Garage2 spaces
Year Built1924
HeatingElectric
BasementYes
MLS #707458
Lot Size0.10 Acres
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:

  • Architectural Style: Two Story
  • Year Built: 1924
  • Stories: 2
  • Living Area: 2,673 SqFt

Listing Office:

  • Office Name: Keller Real Estate Services
  • Office Phone: (319) 231-1160
  • Listing Agent: Chase Keller

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Garage, Two Car Garage

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Electric

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

$215K

Med. Price/SqFt

$190

Avg. Days On Market

34

# of Sold Homes

205

1527 Forest Ave vs Des Moines

40 DAYS ON ROCKET

+6 Days

$250,000

+$35K More

$94/SqFt

-$97 Less

KEY TAKEAWAY

This property is $35K more than the Median Sold Price and $97/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: #707458

Listing Office:

  • Office Name: Keller Real Estate Services
  • Office Phone: (319) 231-1160
  • Listing Agent: Chase Keller

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: 12/22/2024, 10:20:55 AM 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.

Nearby Schools

school-card-donut-944729
3
/10

  • King Elementary School

  • 1849 Forest Ave

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-944730
3
/10

  • Moulton Elementary School

  • 1541 8th St

  • 0.62 miles

  • Public District Grades EE-5

school-card-donut-944731
1
/10

  • Edmunds Elementary School

  • 950 15th St

  • 0.66 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 $31,912. The majority of Des Moines, IA residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

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 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).

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, which was built in 1924, sits on a 0.10 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $250,000.

Des Moines, IA housing market in November 2024 saw over 34 listings sold above listed price, more than 49 sold at listed price and over 122 sold below. The inventory of homes for sale in Des Moines, IA between October 2024 and November 2024 decreased by 5.2%. In November 2024 median list price was $215,000 and the average listing age was 34 days.

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

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