NOT LISTED FOR SALE

1105 & 1107 Wade St Des Moines, IA 50315

Watrous South Neighborhood

Estimated Value: $237,235 - $350,000

-- Bed
4 Baths
-- Sq Ft
10,200 Sq Ft Lot

Last Sold July 23, 2014

Last sale price $128,000

Est. 115% increase in value since last sale

Current estimated payment $1,838/month

62 Days on Market

About This Home

As of July 2014

Great investment property! 2 story duplex with a 3 bedroom unit & a 2 bedroom unit; both with 1.5 baths. Each unit has a storage shed, back deck & fenced yard. Quiet neighborhood near Blank Park Zoo. New furnace & air on both units in 2012.

Last Agent to Sell the Property

Rod Barnett

Iowa Realty South Listed on: 05/10/2014

Co-Listed By

Carmen Goodwin

Iowa Realty South

Last Buyer's Agent

Carmen Hocking

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 10,200 Sq Ft Lot
  • Lot Dimensions are 75x136

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • 2 Kitchens

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 12004362004000

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 13.00
  • Sp Amt Sq Ft: 13.00
  • Termite: Call Listing Agent
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 1
  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Kitchens: 2
  • Half Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Lot Info

  • Acres: 0.2340
  • Lot S F: 10200
  • Lot Size: 75x136
  • Assessor Parcel Number: 12004362004000
  • Zoning: Res

Tax Info

  • Gross Taxes: 3374.00
  • Net Taxes: 3374.00
  • Assessor Parcel Number: 1105 & 1107WADESTPOLKDESMOINE50315

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2014
Closed on
Jul 23, 2014
Sold by
Spicer Joyce
Bought by
Andes Group Inc
Seller's Agent
Rod Barnett
Iowa Realty South
Buyer's Agent
Carmen Hocking
RE/MAX Concepts
List Price
$137,500
Sold Price
$128,000
Premium/Discount to List
-$9,500
-6.91%
Current Estimated Value
$275,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,309
Avg. Annual Appreciation
7.00%
Original Mortgage
$103,000
Outstanding Balance
$69,621
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$205,688

Purchase Details

Closed on
Mar 4, 2003
Sold by
Tuttle David T and Tuttle Melissa M
Bought by
Spicer James and Spicer Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6%
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
Andes Group Inc $128,000 None Available
Spicer James $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andes Group Inc $103,000
Previous Owner Spicer James $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2014 07/23/14 Sold $128,000 -6.9% --
07/11/2014 07/11/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $137,500 -- --
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 $4,646 $265,900 $31,100 $234,800
2024 $4,646 $236,200 $27,200 $209,000
2023 $4,376 $236,200 $27,200 $209,000
2022 $4,344 $185,700 $22,300 $163,400
2021 $4,010 $185,700 $22,300 $163,400
2020 $4,166 $160,700 $19,200 $141,500
2019 $3,880 $160,700 $19,200 $141,500
2018 $3,842 $144,400 $17,100 $127,300
2017 $3,772 $144,400 $17,100 $127,300
2016 $3,676 $139,500 $16,200 $123,300
2015 $3,676 $139,500 $16,200 $123,300
2014 $3,474 $135,700 $16,100 $119,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rod Barnett

    Iowa Realty South

  • C

    Seller Co-Listing Agent in 2014

    Carmen Goodwin

    Iowa Realty South

  • C

    Buyer's Agent in 2014

    Carmen Hocking

    RE/MAX

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 435780

Des Moines Area Association of REALTORS®

APN: 120-04362004000

Iowa Polk County Des Moines 50315 Watrous South

1105 & 1107 Wade St, Des Moines, IA

Not Listed for Sale

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