NOT LISTED FOR SALE

Estimated Value: $213,000 - $226,002

-- Bed
2 Baths
2,748 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $204,000 $74 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,493/month

30 Days on Market

Highlights

  • 2 Kitchens
  • Forced Air Heating and Cooling System
  • Carpet
  • No HOA

About This Home

As of June 2023

Great investment opportunity with this two story duplex near Drake University! This duplex has 3 bedrooms and 1 full bath on the lower level unit, which has all new flooring, paint and stainless steel appliances! The upstairs unit has 2 bedrooms + 1 full bath w/ new flooring and paint. Current rental certificate good though October 2024. Lower level unit was renting for $1,000/mo and upstairs unit renting for $985/mo. Plenty of parking in back of home. Call and schedule a showing today!

Last Agent to Sell the Property

Ashley Carter

RE/MAX Real Estate Center Listed on: 04/11/2023

RE/MAX Real Estate Center

Last Buyer's Agent

Bethany Cochran

Agency Iowa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,093

Year Built

  • Built in 1903

Lot Details

  • 7,050 Sq Ft Lot
  • Lot Dimensions are 50x141

Parking

  • Driveway

Home Design

  • 2,748 Sq Ft Home
  • Duplex
  • Brick Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • 2 Kitchens
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Additional Features

  • Forced Air Heating and Cooling System
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09007233000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,093

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 78.20
  • Sp Amt Sq Ft: 74.24
  • Termite: Follow Showing Instructions
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 1
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Laminate Floors, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 2748
  • Total Sq Ft: 2748

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1620
  • Lot S F: 7050
  • Lot Size: 50X141
  • Assessor Parcel Number: 09007233000000
  • Zoning: Res

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 4093.38
  • Net Taxes: 4093.38

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 30, 2023
Sold by
Kwok Chan Llc
Bought by
Meyerholz Isaac D and Lundberg John D
Seller's Agent
Ashley Carter
RE/MAX Real Estate Center
Buyer's Agent
Bethany Cochran
Agency Iowa
List Price
$225,000
Sold Price
$204,000
Premium/Discount to List
-$21,000
-9.33%
Views
133
Current Estimated Value
$219,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,501
Avg. Annual Appreciation
2.97%
Original Mortgage
$163,200
Outstanding Balance
$158,662
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$60,839

Purchase Details

Closed on
May 11, 2022
Sold by
Timmins Emily T and Timmins Neil
Bought by
Kwok Chan Llc

Purchase Details

Closed on
Feb 21, 2022
Sold by
Kwok Chan Llc
Bought by
Timmins Emily T

Purchase Details

Closed on
Nov 9, 2021
Sold by
Doggett Richard C and Doggett Andrea J
Bought by
Kwok Chan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,058
Interest Rate
3.01%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meyerholz Isaac D $204,000 None Listed On Document
Kwok Chan Llc -- None Listed On Document
Timmins Emily T -- None Listed On Document
Kwok Chan Llc $166,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyerholz Isaac D $163,200
Previous Owner Kwok Chan Llc $172,058
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $204,000 -5.1% $74 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $214,900 -4.5% $78 / Sq Ft
04/11/2023 04/11/23 For Sale $225,000 -- $82 / 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
2025 $4,042 $226,100 $51,700 $174,400
2024 $4,042 $205,500 $46,700 $158,800
2023 $4,118 $205,500 $46,700 $158,800
2022 $4,086 $174,700 $41,000 $133,700
2021 $3,890 $174,700 $41,000 $133,700
2020 $4,042 $155,900 $37,000 $118,900
2019 $3,684 $155,900 $37,000 $118,900
2018 $3,648 $137,100 $32,100 $105,000
2017 $3,376 $137,100 $32,100 $105,000
2016 $3,288 $124,800 $29,300 $95,500
2015 $3,288 $124,800 $29,300 $95,500
2014 $2,888 $112,800 $26,300 $86,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 669750

Des Moines Area Association of REALTORS®

APN: 090-07233000000