NOT LISTED FOR SALE

Estimated Value: $133,000 - $175,179

4 Beds
2 Baths
1,713 Sq Ft
$90/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $86,000 $50 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,103/month

58 Days on Market

Highlights

  • 2 Kitchens
  • Forced Air Heating and Cooling System
  • 4-minute walk to McHenry Park
  • Laundry Room

About This Home

As of June 2015

1.5 Sty 2 unit Apt, vinyl siding, current rental certificate. Landlord pays water, tenants pay gas and electric on separate meters, $1175 income. Good cash flow. Hardwood floors, built in book shelves.

Last Listed By

Wayne Halbur

BHHS First Realty Westown Listed on: 03/04/2015

BHHS First Realty Westown

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 9,900 Sq Ft Lot
  • Lot Dimensions are 75x132

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • 2 Kitchens
  • Laundry Room
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Gross Income $1,175

Listing and Financial Details

  • Assessor Parcel Number 07004232000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 9.00
  • Sp Amt Sq Ft: 9.00
  • Termite: Call Listing Agent
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Dishwashers: 1
  • Disposals: 2
  • Refrigerators: 1
  • Stoves Total: 2
  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Brick
  • Paved: No
  • Sidewalk: 1

Garage/Parking

  • Off Street Parking: 4

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Manager: Yes

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2270
  • Lot S F: 9900
  • Lot Size: 75x132
  • Assessor Parcel Number: 07004232000000
  • Zoning: R-2

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 2236.00
  • Net Taxes: 2236.00
  • Assessor Parcel Number: 1114EUCLIDAVEPOLKDESMOINE50313

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
May 20, 2015
Sold by
Estate Of Billy Lee Christensen and Kinsey Pamela L
Bought by
Erickson Stephen C and Erickson Linda
Seller's Agent
Wayne Halbur
BHHS First Realty Westown
Buyer's Agent
Galen Kurth
RE/MAX Concepts
List Price
$92,500
Sold Price
$86,000
Premium/Discount to List
-$6,500
-7.03%
Total Days on Market
58
Current Estimated Value
$154,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,090
Avg. Annual Appreciation
7.25%
Original Mortgage
$64,500
Outstanding Balance
$50,771
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$121,791

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
Erickson Stephen C $86,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Stephen C $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2015 06/09/15 Sold $86,000 -7.0% $50 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $92,500 -- $54 / 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 $2,934 $149,100 $25,800 $123,300
2023 $2,862 $149,100 $25,800 $123,300
2022 $2,840 $121,400 $21,800 $99,600
2021 $2,682 $121,400 $21,800 $99,600
2020 $2,786 $107,500 $19,500 $88,000
2019 $2,652 $107,500 $19,500 $88,000
2018 $2,594 $98,700 $17,800 $80,900
2017 $2,400 $97,500 $17,800 $79,700
2016 $2,338 $88,700 $16,000 $72,700
2015 $2,338 $88,700 $16,000 $72,700
2014 $2,236 $87,300 $15,700 $71,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 449787

Des Moines Area Association of REALTORS®

APN: 070-04232000000