NOT LISTED FOR SALE

Estimated Value: $64,000 - $120,059

2 Beds
1 Bath
1,009 Sq Ft
$100/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $26,000 $26 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $710/month

42 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 5-minute walk to Crowley Park

About This Home

As of October 2012

This is a fantastic investment opportunity. With a little TLC you have a great rental property with immediate cash flow. Investment deals like this don't come along every day. Would also make a great first home for someone who doesn't want to spend all day on yard work maintenance. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Listed By

Jason Liechti

Realty ONE Group Impact Listed on: 07/12/2012

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 3,250 Sq Ft Lot
  • Lot Dimensions are 26x125

Parking

  • Driveway

Home Design

  • 1,009 Sq Ft Home
  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 11004038901000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bi-Attached
  • Lp Amt Sq Ft: 30.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 26.00
  • Termite: Call Listing Agent
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 499
  • Dining Room: Eat In Kitchen
  • Living Area Sq Ft: 1009
  • Total Sq Ft: 1009

Exterior Features

  • Exterior: Frame
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.0800
  • Lot S F: 3250
  • Lot Shape: Regular
  • Lot Size: 26x125
  • Assessor Parcel Number: 11004038901000
  • Zoning: res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1372.00
  • Net Taxes: 1372.00
  • Assessor Parcel Number: 1431E17THCTPOLKDESMOINE50316

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2012
Closed on
Oct 11, 2012
Sold by
Federal National Mortgage Association
Bought by
Freeze Pedro Alejandro
Seller's Agent
Jason Liechti
Realty ONE Group Impact
Buyer's Agent
Carmen Hocking
RE/MAX Concepts
List Price
$30,650
Sold Price
$26,000
Premium/Discount to List
-$4,650
-15.17%
Total Days on Market
42
Current Estimated Value
$100,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,515
Avg. Annual Appreciation
11.77%

Purchase Details

Closed on
Apr 14, 2011
Sold by
Ford Paul N and Ford Diana L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 9, 2002
Sold by
Lile Billy D and Lile Mary K
Bought by
Ford Paul N and Ford Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
7%

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
Freeze Pedro Alejandro -- None Available
Federal National Mortgage Association $33,252 None Available
Ford Paul N $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ford Paul N $31,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $26,000 -15.2% $26 / Sq Ft
08/23/2012 08/23/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $30,650 -- $30 / 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 $1,800 $91,500 $6,700 $84,800
2023 $1,656 $91,500 $6,700 $84,800
2022 $1,644 $70,300 $5,300 $65,000
2021 $1,620 $70,300 $5,300 $65,000
2020 $1,682 $64,900 $4,800 $60,100
2019 $1,632 $64,900 $4,800 $60,100
2018 $1,614 $60,700 $4,400 $56,300
2017 $2,832 $60,700 $4,400 $56,300
2016 $1,645 $56,700 $4,000 $52,700
2015 $1,494 $56,700 $4,000 $52,700
2014 $1,955 $51,700 $3,600 $48,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 403992

Des Moines Area Association of REALTORS®

APN: 110-04038901000