NOT LISTED FOR SALE

Estimated Value: $251,000 - $290,000

-- Bed
4 Baths
1,768 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $265,000 $150 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,845/month

7 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Storage
  • Pie Shaped Lot

About This Home

As of June 2024

Incredible investment opportunity awaits near the Shops at Roosevelt! With convenient access to 235, this brick duplex is solid with a current rental certificate. Building was rehabbed in 2012 with windows, roof, hvac, plumbing, electrical and finishes. Each unit has 2 bedrooms and a full bath upstairs, with a clean, dry, usable lower level including a 3/4 bath. Laundry (washers and dryers) included, and plenty of storage space is available. Gas, water and electric meters are separate for each unit. This is a perfect opportunity to build your portfolio or begin your real estate investment strategy!

Last Agent to Sell the Property

Megan Hill Mitchum

Century 21 Signature Listed on: 04/26/2024

Century 21 Signature

Last Buyer's Agent

Matt Fuelberth

Iowa Realty Mills Crossing

Iowa Realty Mills Crossing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,772

Year Built

  • Built in 1951

Lot Details

  • 8,370 Sq Ft Lot
  • Pie Shaped Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 4 Bathrooms
  • 1,768 Sq Ft Home
  • Storage
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave

Flooring

  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 09003488001000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,772

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 155.54
  • Sp Amt Sq Ft: 149.89
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Laminate Floors, Vinyl Floors
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Partial Bath Total: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 884
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1768
  • Partial Bathrooms: 2
  • Total Sq Ft: 1768

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Roof: Rubber
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1920
  • Lot S F: 8370
  • Lot Shape: Pie
  • Assessor Parcel Number: 09003488001000
  • Zoning: RN5-2

Rental Info

  • Furnished: No

Tax Info

  • Gross Taxes: 4772.00
  • Net Taxes: 4772.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 10, 2024
Sold by
Millboom Llc
Bought by
Brown Courtney
Seller's Agent
Megan Hill Mitchum
Century 21 Signature
Buyer's Agent
Matt Fuelberth
Iowa Realty Mills Crossing
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
49
Current Estimated Value
$266,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,760
Avg. Annual Appreciation
0.61%
Original Mortgage
$159,000
Outstanding Balance
$157,718
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$109,185

Purchase Details

Closed on
Feb 21, 2022
Sold by
Michael Moran
Bought by
Moore Moriando

Purchase Details

Closed on
Dec 29, 2011
Sold by
Adair Holdings Llc
Bought by
Millboom Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2011
Sold by
Ogren Lynn A and Ogren Trudy L
Bought by
Adair Holdings Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Courtney $265,000 None Listed On Document
Moore Moriando $200,000 None Listed On Document
Millboom Llc $49,500 Itc
Adair Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Courtney $159,000
Previous Owner Millboom Llc $196,000
Previous Owner Millboom Llc $123,750
Previous Owner Millboom Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $265,000 -3.6% $150 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $275,000 -- $156 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,698 $238,800 $53,300 $185,500
2023 $4,764 $238,800 $53,300 $185,500
2022 $4,726 $202,100 $46,800 $155,300
2021 $4,524 $202,100 $46,800 $155,300
2020 $4,700 $181,300 $42,200 $139,100
2019 $4,252 $181,300 $42,200 $139,100
2018 $4,208 $158,200 $36,600 $121,600
2017 $3,966 $158,200 $36,600 $121,600
2016 $3,864 $146,600 $33,400 $113,200
2015 $3,864 $146,600 $33,400 $113,200
2014 $1,766 $146,000 $32,600 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 694115

Des Moines Area Association of REALTORS®

APN: 090-03488001000