NOT LISTED FOR SALE

Estimated Value: $236,000 - $242,000

-- Bed
2 Baths
1,920 Sq Ft
$124/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $159,000 $83 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,709/month

27 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • 3-minute walk to Union Park
  • 0.35 Acre Lot
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

Good cash flow. Long term tenant on one side. Good location near Lutheran Hospital. Great access to downtown and freeway.

Last Listed By

George Archer

RE/MAX Concepts Listed on: 07/19/2019

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 70x216

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1,920 Sq Ft Home
  • 2-Story Property
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 11001242001000

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 88.49
  • Sp Amt Sq Ft: 82.81
  • Termite: Follow Showing Instructions
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 960
  • Kitchens: 2
  • Living Area Sq Ft: 1920
  • Total Sq Ft: 1920

Exterior Features

  • Exterior: Brick, Frame
  • Foundation: Poured
  • Paved: Yes
  • Sidewalk: Y

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.3470
  • Lot S F: 15120
  • Lot Size: 70X216
  • Assessor Parcel Number: 11001242001000
  • Zoning: R-2

Rental Info

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

Tax Info

  • Gross Taxes: 4186.00
  • Net Taxes: 4186.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Aug 12, 2019
Sold by
1424 E 9Th Llc
Bought by
Db Properties Llc
Seller's Agent
George Archer
RE/MAX Concepts
Buyer's Agent
Ashlee & Kyle Knickerbocker
Keller Williams Realty GDM
List Price
$169,900
Sold Price
$159,000
Premium/Discount to List
-$10,900
-6.42%
Total Days on Market
27
Current Estimated Value
$238,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,997
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Jul 19, 2019
Closed on
Aug 9, 2019
Sold by
Lehman Linda Joyce and Lehman Marvin John
Bought by
1424 E 9Th Llc
Seller's Agent
George Archer
RE/MAX Concepts
Buyer's Agent
Ashlee & Kyle Knickerbocker
Keller Williams Realty GDM
List Price
$169,900
Sold Price
$159,000
Premium/Discount to List
-$10,900
-6.42%

Purchase Details

Closed on
Mar 27, 2015
Sold by
Woods Jon and Campbell Robert
Bought by
Woods Jonathan K

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
Db Properties Llc $159,000 None Available
1424 E 9Th Llc $125,000 None Available
Woods Jonathan K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Db Properties L L C $119,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $159,000 -6.4% $83 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $169,900 -- $88 / 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 $4,520 $229,800 $34,200 $195,600
2023 $4,664 $229,800 $34,200 $195,600
2022 $4,628 $197,900 $31,100 $166,800
2021 $4,384 $197,900 $31,100 $166,800
2020 $4,554 $175,700 $27,500 $148,200
2019 $4,212 $175,700 $27,500 $148,200
2018 $4,168 $156,700 $23,600 $133,100
2017 $4,066 $156,700 $23,600 $133,100
2016 $3,960 $150,300 $22,300 $128,000
2015 $3,960 $150,300 $22,300 $128,000
2014 $3,586 $135,000 $19,700 $115,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 587439

Des Moines Area Association of REALTORS®

APN: 110-01242001000