NOT LISTED FOR SALE

Estimated Value: $192,713 - $211,000

-- Bed
3 Baths
2,328 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $161,500 $69 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,414/month

67 Days on Market

Highlights

  • 3 Kitchens
  • Laundry Room
  • Forced Air Heating System
  • No HOA

About This Home

As of June 2021

Amazing investment opportunity with two units in the first level and one extra large unit on the second level. All units have their own kitchen. New extra large boiler. One trash, gas and water bill. Three separate electric bills. Second level unit has cooling and heating systems. Two main level units do not have AC system. New rental certificate issued on January 5th 2020.

Last Listed By

Fernando Aveiga

EXP Realty, LLC Listed on: 02/26/2021

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,813

Year Built

  • Built in 1890

Lot Details

  • 7,600 Sq Ft Lot
  • Lot Dimensions are 50x152

Parking

  • Driveway

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 3 Full Bathrooms
  • 2,328 Sq Ft Home
  • 2-Story Property
  • 3 Kitchens
  • Laundry Room
  • Unfinished Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 11001362000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $1,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,813

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 73.02
  • Sp Amt Sq Ft: 69.37
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 3
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1164
  • Kitchens: 3
  • Laundry: Yes
  • Living Area Sq Ft: 2328
  • Total Sq Ft: 2328

Exterior Features

  • Exterior: Cement Board
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1740
  • Lot S F: 7600
  • Lot Size: 50X152
  • Assessor Parcel Number: 11001362000000
  • Zoning: R1-60

Tax Info

  • Gross Taxes: 3812.87
  • Net Taxes: 3812.00
  • Tax Year: 2021

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Jun 24, 2021
Sold by
Piceno Rafael and De La Luz
Bought by
Mendoza Santiago Cordero
Seller's Agent
Fernando Aveiga
EXP Realty, LLC
Buyer's Agent
Fernando Aveiga
EXP Realty, LLC
List Price
$170,000
Sold Price
$161,500
Premium/Discount to List
-$8,500
-5%
Total Days on Market
67
Current Estimated Value
$201,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,357
Avg. Annual Appreciation
5.93%
Original Mortgage
$8,075
Interest Rate
2.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2005
Sold by
Hunsberger Warren M and Hunsberger Dorothea Jean
Bought by
Piceno Rafael and Piceno Maria De La Luz

Purchase Details

Closed on
May 1, 1999
Sold by
Hunsberger Warren M and Hunsberger Dorthea Jean
Bought by
Piceno Rafael and Piceno Maria Delaluz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.5%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Mendoza Santiago Cordero $161,500 None Available
Piceno Rafael $44,500 --
Piceno Rafael $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Santiago Cordero $30,000
Closed Mendoza Santiago Cordero $8,075
Open Mendoza Santiago Cordero $145,350
Closed Mendoza Santiago Cordero $8,075
Previous Owner Piceno Rafael $55,825
Previous Owner Piceno Rafael $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $161,500 -5.0% $69 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $170,000 -- $73 / 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 $3,542 $180,000 $16,900 $163,100
2023 $3,440 $180,000 $16,900 $163,100
2022 $4,022 $146,000 $14,100 $131,900
2021 $3,584 $146,000 $14,100 $131,900
2020 $4,024 $120,000 $12,800 $107,200
2019 $3,524 $120,000 $12,800 $107,200
2018 $3,859 $99,500 $12,800 $86,700
2017 $3,526 $99,500 $12,800 $86,700
2016 $3,448 $90,000 $10,700 $79,300
2015 $3,448 $90,000 $10,700 $79,300
2014 $3,202 $80,000 $10,700 $69,300
Source: Public Records

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Source: Des Moines Area Association of REALTORS®

MLS Number: 623114

Des Moines Area Association of REALTORS®

APN: 110-01362000000