$115,000

509 Philip St Des Moines, IA 50315

$1,366
Closing credit¹
2 beds
1 full
796 sqft
0.2 acres
$144 / sqft
House

Property details

About 509 Philip St

Attention investors and handy persons - great opportunity on this SOLD AS IS southside bungalow! This is a 2 BR, 1 BA home with eat in kitchen and main floor laundry closet. 2 sheds for storage. Will need cosmetic updates. Electric stove will stay but needs electric outlet installed. There is a gas line for a gas stove. Microwave and dryer will stay. Fully fenced back yard. Great lot set back from the street in a quiet neighborhood. Lots of potential!

Highlights

Home typeResidential
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size796 sqft
BasementYes
Lot size0.159 Acres
Year built1950
MLS #713700

Summary

  • Full Bathrooms: 1
  • Appliances: Dryer, Microwave, Other, Stove
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl
  • Interior: Eat-in Kitchen
  • Total Bedroom Count: 2
  • Exterior: Deck, Fully Fenced, Storage
  • Architectural Style: Bungalow, Traditional
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $115,000
  • Price/SqFt: $144
  • Annual Tax Amount: $1,744
  • Tax Year: 2023
  • Directions: Heading south on SW 9th St, turn left (east) to address.
  • Year Built: 1950
  • Living Area: 796 SqFt
  • Lot Size: 0.159 Acres
  • MLS Number: 713700
  • MLS Name: DMAAR
  • Office Name: LPT Realty, LLC
  • Office Phone: (605) 381-5704
  • Listing Agent: Muilenburg, Rita

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© 2025 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: 5/1/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space featuring a wooden deck and a fenced backyard

$115,000

509 Philip St

$1,366

closing credit¹

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Price information

Property sales

DateEventPrice
May 02, 2018
Home Sold
$73,000
Mar 03, 2005
Home Sold
$55,000
Nov 19, 2004
Home Sold
$63,509

Tax history

YearAssessmentProperty Tax
2023$98,900$1,744
2021$80,700$1,744
2020$76,100$1,744
2019$76,100$2,612
2018$98,200$2,612
2017$98,200$2,500

History based on county public records data.

Nearby schools

1

South Union Elementary School

Public District KG-5

0.4 mi

4201 S Union St

3

Wright Elementary School

Public District KG-5

0.8 mi

5001 SW 14th St

3

Park Avenue Elementary School

Public District KG-5

0.8 mi

3141 SW 9th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,722. The majority of Des Moines, IA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

24%
<35k
56%
35k-100k
20%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
14%
Single, with Kids
28%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • College BasketballCollege Basketball
  • SoccerSoccer

Where do the neighbors shop?

  • Books-a-MillionBooks-a-Million
  • DillardsDillards
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Logan's RoadhouseLogan's Roadhouse
  • WingstopWingstop

What do the neighbors drive?

  • ToyotaToyota
  • HyundaiHyundai
  • NissanNissan

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • RockRock
  • Christian Adult ContemporaryChristian Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Des Moines, IA

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.

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.

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.

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.

About 509 Philip St

The listing price of 509 Philip St property is $115,000.

The property 509 Philip St is a house located in Des Moines, Iowa, 50315.

Active Listing: 509 Philip St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 509 Philip St are: South Union Elementary School (GreatSchools Rating 1/10), Wright Elementary School (GreatSchools Rating 3/10), Park Avenue Elementary School (GreatSchools Rating 3/10), Weeks Middle School (GreatSchools Rating 1/10), Brody Middle School (GreatSchools Rating 1/10), McCombs Middle School (GreatSchools Rating 3/10), Virtual Campus (GreatSchools Rating 3/10), Lincoln High School (GreatSchools Rating 2/10), East High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $1,744 (source: MLS/based on county public records data).

The last sale was on May 2, 2018 for $73,000 (source: MLS/tax record).

The property at 509 Philip St has 2 bedrooms and 1 bathroom.

The property 509 Philip St is 796 SqFt (source: MLS/tax record).

The year of construction for 509 Philip St is 1950.

This home is located at 509 Philip St in Des Moines, IA and zip code 50315. This 796 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $115,000.

While more than 35 listings in Des Moines, IA in March 2025 were sold above asking price, there were more than 42 listings sold at asking price, and more than 124 were sold below. The inventory of homes for sale in Des Moines, IA between February and March 2025 increased by 6.3%. In March 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $215,179.

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

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