$86,750
SOLD MAR 24, 2017
-- Bed
4 Baths
2,002 Sq Ft
8,500 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

9% Below List Price

167 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Forced Air Heating System
  • No HOA
  • Storage

About This Home

As of December 2021

Investor package. Call agent for financials.

Last Agent to Sell the Property

Joel Conner

Realty ONE Group Impact Listed on: 09/09/2016

Realty ONE Group Impact

Co-Listed By

Matt Connolly

Iowa Realty Beaverdale

Last Buyer's Agent

Tom Casey

Key Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 8,500 Sq Ft Lot
  • Lot Dimensions are 68x125

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,002 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • 4 Kitchens
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 03000775000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $1,600
  • Gross Income $2,290

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 44.96
  • Sp Amt Sq Ft: 43.33
  • Termite: Follow Showing Instructions
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 4
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 704
  • Kitchens: 4
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 2002
  • Total Sq Ft: 2002

Exterior Features

  • Exterior: Vinyl Siding
  • Sidewalk: y

Garage/Parking

  • Garage: 1 Detached

Utilities

  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 1600

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1950
  • Lot S F: 8500
  • Lot Size: 68X125
  • Assessor Parcel Number: 03000775000000
  • Zoning: R1-60

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Building Insurance Owner, Gas Landlord, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 3402.00
  • Net Taxes: 3402.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 28, 2021
Sold by
21St Properties Llc
Bought by
Sun Hua and Li Ying
Seller's Agent
Michael Counts
RE/MAX Revolution
Buyer's Agent
Michael Counts
RE/MAX Revolution
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%
Current Estimated Value
$195,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,063
Avg. Annual Appreciation
6.16%
Original Mortgage
$112,500
Interest Rate
2.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2016
Closed on
Mar 29, 2017
Sold by
Rotich Peter K
Bought by
21St Properties Llc
Seller's Agent
Joel Conner
Realty ONE Group Impact
Buyer's Agent
Tom Casey
Key Realty
List Price
$95,000
Sold Price
$86,750
Premium/Discount to List
-$8,250
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Original Mortgage
$69,400
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 9, 2016
Closed on
Mar 24, 2017
Sold by
Dm Apts I Llc
Bought by
Rotich Peter K
Seller's Agent
Joel Conner
Realty ONE Group Impact
Buyer's Agent
Tom Casey
Key Realty
List Price
$95,000
Sold Price
$86,750
Premium/Discount to List
-$8,250
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
4.16%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $150,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $87,375 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 New Conventional
Closed $2,000 New Conventional
Closed $112,500 New Conventional
Previous Owner $69,400 Commercial
Previous Owner $54,000 New Conventional
Previous Owner $70,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Pending -- -- --
12/30/2021 12/30/21 Sold $150,000 -23.1% $75 / Sq Ft
11/03/2021 11/03/21 Price Changed $195,000 -2.5% $97 / Sq Ft
09/28/2021 09/28/21 For Sale $200,000 +130.5% $100 / Sq Ft
03/24/2017 03/24/17 Sold $86,750 -8.7% $43 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
09/09/2016 09/09/16 For Sale $95,000 -- $47 / 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 $3,442 $175,000 $15,300 $159,700
2023 $3,346 $175,000 $15,300 $159,700
2022 $3,912 $142,000 $12,800 $129,200
2021 $3,464 $142,000 $12,800 $129,200
2020 $3,890 $116,000 $11,600 $104,400
2019 $3,400 $116,000 $11,600 $104,400
2018 $3,616 $96,000 $11,600 $84,400
2017 $3,390 $96,000 $11,600 $84,400
2016 $3,534 $86,500 $9,700 $76,800
2015 $3,534 $86,500 $9,700 $76,800
2014 $3,444 $77,000 $9,700 $67,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 525234

Des Moines Area Association of REALTORS®

APN: 030-00775000000