NOT LISTED FOR SALE

1322 Army Post Rd Des Moines, IA 50315

Watrous South Neighborhood

Estimated Value: $252,000 - $267,418

-- Bed
4 Baths
2,104 Sq Ft
$123/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $165,000 $78 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,814/month

34 Days on Market

Highlights

  • 4 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2018

24 hour sale

Last Listed By

Tom Jarshaw

Larry Sly RealEstate Advantage Listed on: 01/26/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 95x145

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • 4 Kitchens

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12000912002000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $987
  • Gross Income $2,850

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 95.06
  • Sp Amt Sq Ft: 78.42
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Sq Ft Bsmt: 1032
  • Kitchens: 4
  • Living Area Sq Ft: 2104
  • Total Sq Ft: 2104

Exterior Features

  • Street Feature: Concrete

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 987

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.3160
  • Lot S F: 13775
  • Lot Size: 95X145
  • Assessor Parcel Number: 12000912002000
  • Zoning: C-2

Rental Info

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

Tax Info

  • Gross Taxes: 5434.00
  • Net Taxes: 5434.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Feb 28, 2018
Sold by
Vanaist Mark A and Vanaist Kelly A
Bought by
Preferred Property Enterprises Llc
Seller's Agent
Tom Jarshaw
Larry Sly RealEstate Advantage
Buyer's Agent
Corey De Heer
Home Realty
List Price
$200,000
Sold Price
$165,000
Premium/Discount to List
-$35,000
-17.5%
Total Days on Market
34
Current Estimated Value
$259,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,709
Avg. Annual Appreciation
6.76%
Original Mortgage
$33,000
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2008
Sold by
Bohall Brenda and Fillman Harold
Bought by
Vanalst Mark A and Vanalst Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2006
Sold by
Bohall Brenda
Bought by
Bohall Brenda and Fillman Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2006
Sold by
Hud
Bought by
Bohall Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2005
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Mar 24, 2005
Sold by
Molchanov Alexander
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jan 17, 2003
Sold by
Woollums Robert W and Woollums Lynn L
Bought by
Molchanov Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,176
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2001
Sold by
Rudolf Heather L and Rudolf Randy A
Bought by
Woollums Robert W and Woollums Lynn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
7.23%
Mortgage Type
Commercial

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
Preferred Property Enterprises Llc $165,000 None Available
Vanalst Mark A $119,500 None Available
Bohall Brenda -- None Available
Bohall Brenda -- None Available
Hud -- --
Citimortgage Inc $131,607 --
Molchanov Alexander $117,500 --
Woollums Robert W $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Preferred Property Enterprises Llc $33,000
Open Preferred Property Enterprises Llc $132,000
Previous Owner Vanalst Mark A $96,000
Previous Owner Fillman Harold $100,000
Previous Owner Bohall Brenda $60,000
Previous Owner Molchanov Alexander $116,176
Previous Owner Woollums Robert W $70,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $165,000 -17.5% $78 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $200,000 -- $95 / 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 $5,232 $266,000 $87,400 $178,600
2023 $5,090 $266,000 $87,400 $178,600
2022 $5,950 $216,000 $73,100 $142,900
2021 $5,286 $216,000 $73,100 $142,900
2020 $6,828 $177,000 $66,500 $110,500
2019 $5,206 $177,000 $66,500 $110,500
2018 $5,536 $147,000 $66,500 $80,500
2017 $5,212 $147,000 $66,500 $80,500
2016 $5,434 $133,000 $55,500 $77,500
2015 $5,434 $133,000 $55,500 $77,500
2014 $5,276 $118,000 $55,500 $62,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tom Jarshaw

    Larry Sly RealEstate Advantage

    (515) 771-2516

    9 Total Sales

    Tom Jarshaw
    Section Image

  • C

    Buyer's Agent in 2018

    Corey De Heer

    Home Realty

    (515) 943-6250

    11 Total Sales

    Corey De Heer
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 554203

Des Moines Area Association of REALTORS®

APN: 120-00912002000

Iowa Polk County Des Moines 50315 Watrous South

1322 Army Post Rd, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 1322 Army Post Rd, Des Moines, IA 50315 since 26 January 2018 and is currently estimated at $259,709, approximately $123 per square foot. This property was built in 1918. 1322 Army Post Rd is a home located in Polk County with nearby schools including Morris Elementary School, Mccombs Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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