NOT LISTED FOR SALE

Estimated Value: $147,000 - $183,000

3 Beds
1 Bath
1,420 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $145,000 $102 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,141/month

5 Days on Market

About This Home

As of August 2022

Are you ready to start your investment journey?

This property is currently managed by a professional property management company, giving you the option for a seamless transition if you are looking for that simple turnkey rental property. This property is all ready for you as the tenant has a lease signed through March 2023 at a current rent of $1350 AND they pay all utilities. The numbers on this rental are better than anything currently on market.
Open house July 7th/Thursday from 4-6!
With close proximity to Grandview college and easy access to 14th street, this is a great location for a rental resulting in very low vacancy!

Other notable items, has current rental certificate, furnaced replaced around 2019, AC was replaced around 2017. Tenants are current on their rent and the only reason the owner is selling is to 1031 into a different property.

Last Agent to Sell the Property

Darson Grantham

Keller Williams Realty GDM Listed on: 07/06/2022

Keller Williams Realty GDM

Last Buyer's Agent

Darson Grantham

Keller Williams Realty GDM Listed on: 07/06/2022

Keller Williams Realty GDM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 1890

Lot Details

  • 6,533 Sq Ft Lot
  • Lot Dimensions are 47x139
  • Property is zoned N5

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,420 Sq Ft Home
  • 1.5-Story Property
  • Stove

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11001541000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,280

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 102.11
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 102.11
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Sq Ft Bsmt: 539
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1420
  • Total Sq Ft: 1420

Exterior Features

  • Roof: Asphalt Shingle

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1500
  • Lot S F: 6533
  • Lot Shape: Regular
  • Lot Size: 47X139
  • Assessor Parcel Number: 11001541000000
  • Zoning: N5

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: 2280.00
  • Net Taxes: 2280.00
  • Tax Year: 2020

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 10, 2022
Sold by
Jmf Rentals Llc
Bought by
Wells Benjamin B
Seller's Agent
Darson Grantham
Keller Williams Realty GDM
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$166,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,844
Avg. Annual Appreciation
4.08%
Original Mortgage
$116,000
Outstanding Balance
$111,480
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$51,920

Purchase Details

Closed on
Feb 12, 2020
Sold by
Funk Jesse J and Funk Marissa D
Bought by
Jmf Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2019
Closed on
Aug 12, 2019
Sold by
Nine Ball Properties Llc
Bought by
Jmf Rentals Llc
Seller's Agent
Aubrie Doyle
RE/MAX Results
Buyer's Agent
Leslie Elizalde
EXP Realty, LLC
List Price
$65,000
Sold Price
$71,000
Premium/Discount to List
$6,000
9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%

Purchase Details

Closed on
Jan 3, 2011
Sold by
Oconnor Dean R and Oconnor Dawn A
Bought by
Nine Ball Properties L L C

Purchase Details

Closed on
Jan 13, 2010
Sold by
Nine Ball Properties Llc
Bought by
Oconnor Dean R and Oconnor Dawn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2009
Sold by
Oconnor Dean R and Oconnor Dawn A
Bought by
Nine Ball Properties Llc

Purchase Details

Closed on
Apr 15, 2005
Sold by
Federal National Mortgage Association
Bought by
Oconnor Dean R and Oconnor Dawn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 11, 2005
Sold by
Resource Bancshares Mortgage Group Inc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 13, 2005
Sold by
Shirley Arnold and Arnold Shirley Irene
Bought by
Resource Bancshares Mortgage Group Inc

Purchase Details

Closed on
Mar 8, 2004
Sold by
The Arnold Trust
Bought by
Arnold Shirley I

Purchase Details

Closed on
Jan 28, 2002
Sold by
The Arnold Trust
Bought by
Dolan Ron E and Dolan Tracy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,900
Interest Rate
8.36%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wells Benjamin B $145,000 None Listed On Document
Jmf Rentals Llc -- None Available
Funk Jesse J -- None Available
Jmf Rentals Llc $71,000 None Available
Nine Ball Properties L L C -- None Available
Oconnor Dean R -- None Available
Nine Ball Properties Llc -- None Available
Oconnor Dean R -- --
Federal National Mortgage Association $53,500 --
Resource Bancshares Mortgage Group Inc -- None Available
Arnold Shirley I -- --
Dolan Ron E $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Benjamin B $116,000
Previous Owner Funk Jesse J $99,000
Previous Owner Oconnor Dean R $60,000
Previous Owner Oconnor Dean R $60,000
Previous Owner Dolan Ron E $85,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $145,000 0.0% $102 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $145,000 +104.2% $102 / Sq Ft
08/15/2019 08/15/19 Sold $71,000 +9.2% $50 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $65,000 -- $46 / 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 $2,636 $134,000 $23,200 $110,800
2023 $2,576 $134,000 $23,200 $110,800
2022 $2,556 $109,300 $19,400 $89,900
2021 $2,280 $109,300 $19,400 $89,900
2020 $2,370 $91,400 $16,900 $74,500
2019 $2,292 $91,400 $16,900 $74,500
2018 $2,270 $85,300 $15,700 $69,600
2017 $2,116 $85,300 $15,700 $69,600
2016 $2,060 $78,200 $14,300 $63,900
2015 $2,060 $78,200 $14,300 $63,900
2014 $2,080 $78,300 $14,200 $64,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 655297

Des Moines Area Association of REALTORS®

APN: 110-01541000000