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7306 SW 16th St, Des Moines, IA, 50315

$175,000

Home List Price

$2,078*

Closing Credit

3 Bedrooms
1 Full Bath
1,404 SqFt
$125/SqFt
House

Location

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7306 SW 16th St, Des Moines$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached, Garage, Two Car Garage
Garage2 spaces
Year Built1955
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #706872
StatusActive

About 7306 SW 16th St

** Calling investors and opportunity seekers ** This spacious 1.5-story home, located on Des Moines' south side, is brimming with potential and conveniently situated just minutes from the airport and downtown. With over 1,400 square feet, it offers 3 bedrooms and 1.25 bathrooms, plus an option for a fourth bedroom on the main level. Priced nearly $20,000 below tax assessed value, this home is a prime opportunity for seasoned investors or buyers looking to build sweat equity in an emerging area. Key improvements include foundation supports installed by Midwest Foundation Repair in 2019, backed by a full warranty. This property is being sold **AS-IS**—an incredible value with room for updates and customization!

Property Details

Property Features

Property Information:

  • Architectural Style: One and One Half Story
  • Year Built: 1955
  • Living Area: 1,404 SqFt

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (515) 314-1347
  • Listing Agent: Michael Malone

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Lincoln High School, Public District Grades 9-12
  • McCombs Middle School, Public District Grades 6-8
  • Cowles Elementary School, Public District Grades PK-8
  • Goodrell Middle School, Public District Grades 6-8
  • Morris Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Turn sound onto SW 17th from Army Post Road. Head south and turn onto SW 16th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $125/SqFt

Tax Information:

  • Annual Amount: $3,590
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$214.3K

Med. Price/SqFt

$190

Avg. Days On Market

29

# of Sold Homes

183

7306 SW 16th St vs Des Moines

1 DAY ON ROCKET

-28 Days

$175,000

-$39.3K Less

$125/SqFt

-$65 Less

KEY TAKEAWAY

This property is $39.3K less than the Median Sold Price and $65/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: #706872

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (515) 314-1347
  • Listing Agent: Michael Malone

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: 10/31/2024, 9:20:50 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

May 06, 2019Home Sold
$147,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,590$156,800
2020$3,590$138,500
2019$3,250$138,500
2018$3,250$122,200
2017$3,148$122,200

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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-856508
4
/10
  • Morris Elementary School

  • 1401 Geil Ave

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-856509
3
/10
  • McCombs Middle School

  • 201 County Line Rd

  • 1.08 miles

  • Public District Grades 6-8

school-card-donut-856510
9
/10
  • Cowles Elementary School

  • 6401 College Ave

  • 7.14 miles

  • Public District Grades PK-8

school-card-donut-856511
1
/10
  • Goodrell Middle School

  • 3300 E 29th St

  • 8.38 miles

  • Public District Grades 6-8

High School

school-card-donut-856512
2
/10
  • Lincoln High School

  • 2600 SW 9th St

  • 3.12 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,947. The most common annual income of people living in Des Moines, IA is between $35k-100k. Typical family type 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

Living In Des Moines, IA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Des Moines, IA?

Des Moines offers a diverse housing market with a blend of architectural styles, from classic bungalows to contemporary new constructions. The housing landscape is predominantly composed of single-family homes, with a significant portion of the market also featuring apartments and townhouses. The homeownership rate in Des Moines is robust, reflecting a community invested in long-term residency.

What are the advantages of living in Des Moines, IA?

Des Moines is celebrated for its vibrant community spirit and cultural events, including the renowned Des Moines Arts Festival and the Iowa State Fair. The city prides itself on its green spaces and the Des Moines River, which provide a scenic backdrop for outdoor activities and contribute to the area's tranquil character.

Are essential services in Des Moines, IA convenient?

The community benefits from a comprehensive educational system, with numerous public and private schools catering to a range of educational needs. Healthcare facilities in Des Moines are well-established, offering a variety of services from primary care to specialized treatments. The city also features a network of public libraries and a rich array of retail and dining options that reflect the local culture.

How do Des Moines, IA residents get around?

Des Moines' transport infrastructure includes a network of roads and highways that facilitate commuting and travel within the city and to neighboring areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city is also attentive to walkability and bikeability, with efforts to enhance these aspects in various neighborhoods.

Frequently Asked Questions About 7306 SW 16th St

What is the listing price of this property?

The listing price of 7306 SW 16th St property is $175,000.

What type of property is this?

The property 7306 SW 16th St is a house located in Des Moines, Iowa, 50315.

Is this property for sale now?

Active Listing: 7306 SW 16th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7306 SW 16th St are:
Morris Elementary School: GreatSchools Rating 4/10
McCombs Middle School: GreatSchools Rating 3/10
Cowles Elementary School: GreatSchools Rating 9/10
Goodrell Middle School: GreatSchools Rating 1/10
Lincoln High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,590 (source: MLS/based on county public records data).

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

The last sale was on May 6, 2019 for $147,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7306 SW 16th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7306 SW 16th St is 1,404 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7306 SW 16th St is 1955.

Rocket HomesIowaPolk CountyDes Moines503157306 SW 16th St

This home is located at 7306 SW 16th St in Des Moines, IA and zip code 50315. This 1,404 square foot home was built in 1955. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $175,000.

In September 2024, from all listings sold in Des Moines, IA there were more than 37 sold above asking price, over 100 sold below and more than 46 were sold right at the asked price. The inventory of homes for sale in Des Moines, IA between August 2024 and September 2024 decreased by 2.6%. In September 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $214,357.

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

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