1510 29th St Des Moines, IA 50311
Drake NeighborhoodEstimated Value: $165,000 - $202,000
--
Bed
2
Baths
1,296
Sq Ft
$137/Sq Ft
Est. Value
Highlights
- 2 Kitchens
- No HOA
- Laundry Room
- Ranch Style House
- Shades
- Storage
About This Home
As of August 2020INVESTORS…Don’t miss this great opportunity! Ranch duplex with 2 – one bedroom units, each with kitchen, full baths, and full/unfinished basements. 1510 has been completely updated with new kitchen, bath, flooring throughout, paint, plumbing to bath and kitchen, electric to accommodate new dishwasher, microwave, new lighting, bathroom fan, etc. Separate entrances for each unit on sides and front with off street parking behind the duplex. Washer and dryers (new 2016) in each unit stay with property. Terrific income with current rental certificate through May 2022. Great location too – one block north of Drake University. This duplex is located in an NFC area and if buyer qualifies there is potential closing cost and down payment assistance available. And, if owner occupied up to $10,000 NFC grant money potentially available for improvements.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 6,750 Sq Ft Lot
- Lot Dimensions are 50x135
Parking
- Gravel Driveway
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2 Full Bathrooms
- 1,296 Sq Ft Home
- Shades
- Storage
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- 2 Kitchens
- Stove
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 08003265000000
Community Details
Overview
- No Home Owners Association
Building Details
- Operating Expense $2,371
- Gross Income $19,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 13, 2022
Sold by
Cowell Charles N and Cowell Meredith J
Bought by
Charles N Cowell Revocable Trust
Total Days on Market
58
Current Estimated Value
Purchase Details
Closed on
Mar 25, 2016
Sold by
Zhang Lingyu
Bought by
Austin Truman Royce and Austin Terri W
Purchase Details
Closed on
Jan 8, 2009
Sold by
Vankennedy Lloyd and Zhang Lingyu
Bought by
Zhang Lingyu
Purchase Details
Closed on
Aug 11, 2004
Sold by
Clarke John J
Bought by
Kennedy Lloyd and Zhang Lingyu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,800
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Charles N Cowell Revocable Trust | -- | -- | |
| Austin Truman Royce | $77,500 | None Available | |
| Kennedy Lloyd | $74,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kennedy Lloyd | $59,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2020 08/17/20 | Sold | $107,500 | -14.0% | $83 / Sq Ft |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- |
| 06/17/2020 06/17/20 | For Sale | $125,000 | -- | $96 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,018 | $153,400 | $26,600 | $126,800 |
| 2023 | $2,934 | $153,400 | $26,600 | $126,800 |
| 2022 | $2,912 | $124,500 | $22,500 | $102,000 |
| 2021 | $2,732 | $124,500 | $22,500 | $102,000 |
| 2020 | $2,838 | $109,500 | $20,000 | $89,500 |
| 2019 | $2,642 | $109,500 | $20,000 | $89,500 |
| 2018 | $2,616 | $98,300 | $17,500 | $80,800 |
| 2017 | $2,696 | $98,300 | $17,500 | $80,800 |
| 2016 | $2,628 | $99,700 | $17,400 | $82,300 |
| 2015 | $2,628 | $99,700 | $17,400 | $82,300 |
| 2014 | $2,618 | $98,500 | $16,800 | $81,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kurt Schade
Seller's Agent in 2020
Kurt Schade
RE/MAX
(515) 208-0757
1 in this area
103 Total Sales
-
Stephanie Pearl
Buyer's Agent in 2020
Stephanie Pearl
RE/MAX
(515) 490-4733
3 in this area
64 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 607735
APN: 080-03265000000
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