NOT LISTED FOR SALE

Estimated Value: $172,000 - $325,810

-- Bed
2 Baths
2,130 Sq Ft
$117/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $81,000 $38 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,591/month

50 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating System

About This Home

As of November 2020

Great investment opportunity. Two units both with 3 bedrooms and 1 bath. Has current rental certificate and is Section 8 approved.

Last Agent to Sell the Property

Beverly Williams

RE/MAX Concepts Listed on: 10/01/2020

RE/MAX Concepts

Last Buyer's Agent

Chris Ranallo

RE/MAX Hilltop

RE/MAX Hilltop

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,130 Sq Ft Home
  • 2-Story Property
  • 2 Kitchens

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 08003801000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 42.21
  • Sp Amt Sq Ft: 38.03
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Sq Ft Bsmt: 402
  • Kitchens: 2
  • Living Area Sq Ft: 2130
  • Total Sq Ft: 2130

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Brick
  • Roof: Asphalt Shingle

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1490
  • Lot S F: 6500
  • Lot Shape: Regular
  • Lot Size: 50X130
  • Assessor Parcel Number: 08003801000000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 2130.00
  • Net Taxes: 2130.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Jean Daniel Sarah and Jean Tyler J
Bought by
Red Gate Llc
Current Estimated Value
$248,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,950
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2022
Sold by
Selene 1 Llc
Bought by
Daniel Sarah Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,950
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 19, 2020
Sold by
Powell Rental Properties Llc
Bought by
Selene 1 Llc
Seller's Agent
Beverly Williams
RE/MAX Concepts
Buyer's Agent
Chris Ranallo
RE/MAX Hilltop
List Price
$89,900
Sold Price
$81,000
Premium/Discount to List
-$8,900
-9.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.17%
Original Mortgage
$142,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2000
Sold by
Vanbaale Thomas Sims
Bought by
Powell Jack and Powell Patricia
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
Red Gate Llc -- None Listed On Document
Daniel Sarah Jean $283,000 None Listed On Document
Selene 1 Llc $81,000 None Available
Powell Jack $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniel Sarah Jean $211,950
Previous Owner Selene 1 Llc $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $81,000 -9.9% $38 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $89,900 -- $42 / 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 $2,590 $131,700 $11,700 $120,000
2023 $1,758 $162,300 $11,700 $150,600
2022 $1,744 $105,200 $8,900 $96,300
2021 $1,680 $90,700 $8,900 $81,800
2020 $1,744 $67,300 $7,900 $59,400
2019 $1,650 $67,300 $7,900 $59,400
2018 $1,634 $61,400 $7,000 $54,400
2017 $1,666 $61,400 $7,000 $54,400
2016 $1,624 $61,600 $7,000 $54,600
2015 $1,624 $61,600 $7,000 $54,600
2014 $1,400 $54,700 $6,900 $47,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 615148

Des Moines Area Association of REALTORS®

APN: 080-03801000000