2000 Meadow Ct 409 Des Moines, IA 50320

3 beds · 2 baths · 1,200 sq ft · Lot Size: 3,750 sq ft · Residential Condominium
Est. Property Value: $166,899

Valued above Market MedianOwned for Less Than 5 Years

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2000 Meadow Ct 409 is in the 50320 neighborhood of Des Moines, IA. It is located in Polk County and ZIP code 50320. This Residential Condominium was built in 2014 and is approximately 11 years old. The residential condominium spans 1200 sq ft with 3 bedrooms and 2 bathrooms and sits on a 3750 sq ft lot. According to public records, it was last sold in 2021 for $4,725,000 and has a tax-assessed value of $116,500, which is $139 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2000 Meadow Ct 409 Des Moines, IA 50320 with Property Intel by Whitepages.

2000 Meadow Ct 409

Des Moines, IA 50320

Neighborhood

Owners & Occupancy for 2000 Meadow Ct 409

No contact information is available.

Occupancy

Current Occupancy******View Occupancy
Resident 1************ age 26

Property Financials for 2000 Meadow Ct 409

2000 Meadow Ct 409, Des Moines, IA has no known mortgage. The Polk county assessment for 2024 values it at $116,500, with annual taxes of $2,292.

Property Tax

Purchase DateDecember 13, 2021
Property Tax Amount$2,292 in 2024
Purchase Price$4,725,000
Assessed Value$116,500 on 2024

Investment Potential for 2000 Meadow Ct 409

The property has a current estimated value of $166,899, which is 48% above the zip median, based on public records. It last sold on December 13, 2021 for $4.72M. Projected long-term
is $22,200 annually ($1,850 per month) with a 94% occupancy rate.

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Long-Term

Gross Rental
$22,200 per year($1,850 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
94%in 50320 zip code
 
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Property Details for 2000 Meadow Ct 409

Property Details

Property Sq Ft

Living Area

1,200 sq ft

1% below market

Lot Size

3,750 sq ft

0% above market

Price Per Sq Ft

Living Area

$139 / sq ft

50% above market

Lot Size Area

$45 / sq ft

1% above market

Property condition, age, exterior, etc. for 2000 Meado…
Longitude: -93.580134 Latitude: 41.517692 Parcel Number (APN): 120-03302510035…

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Discover more residential condominiums near 2000 Meadow Ct 409 in Des Moines, Iowa. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2000 Meadow Ct 409 in Polk County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$166,899
$207,440
-$40,541 (-20%)
$******
$373,374
-$89,482 (-24%)
YoY Price Change
****%
0.31%
2610%
Year Built
2014
2005
9 years
Living Space
1,200 sq ft
1,469 sq ft
-269 (-18%)
$ Per Living Sq Ft
$139
$130
$9 (7%)
Lot Size
3,750 sq ft
8,085 sq ft
-4335 (-54%)
$ Per Lot Sq Ft
$45
$29
$16 (56%)

Net Operating Income
$*****
$14,278
$1,435 (10%)
Annual Revenue
$22,200
$22,200
$0 (0%)
$****
$7,284
-$796 (-11%)
Net Operating Income
$*****
$14,278
$1,435 (10%)
Cap Rate
****%
6.78%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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