NOT LISTED FOR SALE

1335 E 16th St Des Moines, IA 50316

Martin Luther King Jr Park Neighborhood

Estimated Value: $170,000 - $242,000

-- Bed
2 Baths
1,880 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $197,500 $105 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,363/month

19 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • 4-minute walk to MLK Park
  • Ranch Style House

About This Home

As of August 2022

Perfect rental opportunity, with new roof and well maintained

Last Agent to Sell the Property

Matthew Parmenter

Keller Williams Realty GDM Listed on: 06/23/2022

Keller Williams Realty GDM

Last Buyer's Agent

Tanner Setka

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,833

Year Built

  • Built in 1980

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x133

Parking

  • 2 Car Attached Garage

Home Design

  • 1,880 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Metal Siding

Additional Features

  • 2 Kitchens
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 11006190001000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $50
  • Gross Income $1,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,833

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 111.70
  • Sp Amt Sq Ft: 105.05
  • Termite: Call Listing Agent
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Kitchens: 2
  • Living Area Sq Ft: 1880
  • Total Sq Ft: 1880

Exterior Features

  • Exterior: Brick, Metal Siding
  • Foundation: Concrete Block

Garage/Parking

  • Garage: 2 Attached

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 50

Lot Info

  • Acres: 0.3050
  • Lot S F: 13300
  • Lot Size: 100X133
  • Assessor Parcel Number: 11006190001000
  • Zoning: N3A

Rental Info

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

Tax Info

  • Gross Taxes: 2833.00
  • Net Taxes: 2833.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 3, 2022
Sold by
2Pars Llc
Bought by
Utter Nicholas
Seller's Agent
Matthew Parmenter
Keller Williams Realty GDM
Buyer's Agent
Tanner Setka
RE/MAX Precision
List Price
$210,000
Sold Price
$197,500
Premium/Discount to List
-$12,500
-5.95%
Current Estimated Value
$212,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,981
Avg. Annual Appreciation
2.21%
Original Mortgage
$193,922
Outstanding Balance
$185,593
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$26,888

Purchase Details

Closed on
Jul 28, 2008
Sold by
City Of Des Moines Municipal Hsng Agency
Bought by
Mcclish Todd and Mcclish Selena E

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
6.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Utter Nicholas $197,500 None Listed On Document
Mcclish Todd $95,251 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Utter Nicholas $193,922
Previous Owner Mcclish Todd $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $197,500 -6.0% $105 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $210,000 -- $112 / 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
2025 $2,962 $170,500 $21,400 $149,100
2024 $2,962 $150,600 $18,600 $132,000
2023 $2,620 $150,600 $18,600 $132,000
2022 $2,600 $111,200 $14,700 $96,500
2021 $2,552 $111,200 $14,700 $96,500
2020 $2,652 $102,300 $13,400 $88,900
2019 $2,582 $102,300 $13,400 $88,900
2018 $2,556 $96,100 $12,300 $83,800
2017 $2,378 $96,100 $12,300 $83,800
2016 $2,316 $87,900 $11,200 $76,700
2015 $2,316 $87,900 $11,200 $76,700
2014 $2,132 $83,300 $10,300 $73,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matthew Parmenter

    Keller Williams Realty GDM

    (515) 321-4810

    2 in this area

    22 Total Sales

    Matthew Parmenter
    Section Image
  • Tanner Setka

    Buyer's Agent in 2022

    Tanner Setka

    RE/MAX

    1 in this area

    18 Total Sales

    Tanner Setka
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 654804

Des Moines Area Association of REALTORS®

APN: 110-06190001000

Iowa Polk County Des Moines 50316 Martin Luther King Jr Park

1335 E 16th St, Des Moines, IA

Not Listed for Sale

MultiFamily

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