NOT LISTED FOR SALE

1375 E 12th St Des Moines, IA 50316

Capitol Park Neighborhood

Estimated Value: $143,713 - $183,000

Studio
2 Baths
1,967 Sq Ft
$83/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $95,000 $48 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,067/month

44 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Carpet
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2020

Looking for a rehabbed duplex? Look no further. Pride of ownership really shows in this property. 1st level unit has been fully rehabbed with new flooring, paint throughout and newer mechanicals - roof was replaced in 2011. Property has a current City of Des Moines rental certificate.

This property will not last long. Schedule your showing today!

Last Agent to Sell the Property

Samantha Hartley-Bullen

RE/MAX Results Listed on: 01/15/2020

RE/MAX Results

Last Buyer's Agent

Jeff Kinion

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,050 Sq Ft Lot
  • Lot Dimensions are 101x50

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,967 Sq Ft Home
  • 2-Story Property
  • Screen For Fireplace
  • Carpet
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 110/01354-000-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 56.94
  • Sp Amt Sq Ft: 48.30
  • Termite: Call Listing Agent
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: 1st Flr Laundry, Carpeting, Fire Alarm, Fireplace Screen
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1967
  • Total Sq Ft: 1967

Exterior Features

  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached
  • Off Street Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1160
  • Lot S F: 5050
  • Lot Shape: Regular
  • Lot Size: 101x50
  • Assessor Parcel Number: 110/01354-000-000
  • Zoning: R-160

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant

Tax Info

  • Gross Taxes: 2504.22
  • Net Taxes: 2504.22

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 3, 2023
Sold by
M & K Roberts Llc
Bought by
Roberts Marvin and Roberts Karma
Current Estimated Value
$163,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$61,918
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$101,439

Purchase Details

Closed on
Oct 18, 2022
Sold by
Roberts Marvin L and Roberts Karma L
Bought by
M & K Roberts Llc

Purchase Details

Listed on
Jan 15, 2020
Closed on
Feb 26, 2020
Sold by
1375 E 12Th Property Llc
Bought by
Roberts Marvin and Roberts Karma
Seller's Agent
Samantha Hartley-Bullen
RE/MAX Results
Buyer's Agent
Jeff Kinion
Realty ONE Group Impact
List Price
$112,000
Sold Price
$95,000
Premium/Discount to List
-$17,000
-15.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$66,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2013
Closed on
Mar 24, 2014
Sold by
Lin De Li
Bought by
1375 E 12Th Property Llc
Seller's Agent
Glenn Ballard
Silverado Realty
Buyer's Agent
Shawn Wagner
Iotis Realty, LLC
List Price
$34,300
Sold Price
$19,000
Premium/Discount to List
-$15,300
-44.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.00%

Purchase Details

Listed on
Dec 12, 2013
Closed on
Mar 5, 2014
Sold by
Wells Farho Bank Na
Bought by
Lin De Li
Seller's Agent
Glenn Ballard
Silverado Realty
Buyer's Agent
Shawn Wagner
Iotis Realty, LLC
List Price
$34,300
Sold Price
$19,000
Premium/Discount to List
-$15,300
-44.61%

Purchase Details

Closed on
Oct 10, 2013
Sold by
Williams Antonio C and Williams Angelita L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 29, 2002
Sold by
Horner Leonard Michael
Bought by
Williams Antonio C and Williams Angelita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
7.18%
Mortgage Type
Commercial
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
Roberts Marvin -- --
Roberts Marvin -- None Listed On Document
M & K Roberts Llc -- --
Roberts Marvin $95,000 None Available
1375 E 12Th Property Llc -- None Available
Lin De Li $19,000 None Available
Wells Fargo Bank Na $78,300 None Available
Williams Antonio C $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Marvin $64,000
Closed Roberts Marvin $64,000
Previous Owner Roberts Marvin $66,500
Previous Owner Williams Antonio C $45,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $95,000 -15.2% $48 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $112,000 +489.5% $57 / Sq Ft
03/17/2014 03/17/14 Sold $19,000 -44.6% $10 / Sq Ft View Prior Sale
03/14/2014 03/14/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $34,300 -- $17 / 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 $2,624 $149,200 $14,000 $135,200
2024 $2,624 $133,400 $12,500 $120,900
2023 $2,548 $133,400 $12,500 $120,900
2022 $2,528 $108,100 $9,900 $98,200
2021 $2,404 $108,100 $9,900 $98,200
2020 $2,496 $96,300 $8,700 $87,600
2019 $2,456 $96,300 $8,700 $87,600
2018 $2,432 $91,400 $7,900 $83,500
2017 $2,358 $91,400 $7,900 $83,500
2016 $2,298 $87,200 $7,400 $79,800
2015 $2,298 $87,200 $7,400 $79,800
2014 $2,358 $92,100 $7,600 $84,500
Source: Public Records

Agents Affiliated with this Home

  • Jeff Kinion

    Buyer's Agent in 2020

    Jeff Kinion

    Realty ONE Group Impact

    (515) 577-1941

    1 in this area

    160 Total Sales

    Jeff Kinion
    Section Image

  • G

    Seller's Agent in 2014

    Glenn Ballard

    Silverado Realty

  • S

    Buyer's Agent in 2014

    Shawn Wagner

    Iotis Realty, LLC

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 597515

Des Moines Area Association of REALTORS®

APN: 110-01354000000

Iowa Polk County Des Moines 50316 Capitol Park

1375 E 12th St, Des Moines, IA

Not Listed for Sale

MultiFamily

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