NOT LISTED FOR SALE

1515 NW 81st St Clive, IA 50325

Estimated Value: $279,000 - $330,000

-- Bed
4 Baths
1,622 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $312,500 $193 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,048/month

7 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Laundry Room
  • Valley High School Rated A
  • No HOA
  • Storage

About This Home

As of October 2023

Each of the two units within this Duplex offers 3 bedrooms and 1.5 baths, spanning approximately 1425 square feet. The main level comprises two bedrooms, while a walkout lower level features the third bedroom and an additional half bath.With the interstate just over a mile away, the mall within 2-miles, and Downtown a mere 10-minute drive, convenience is key for these tenants. Plenty of tenant parking.

Last Agent to Sell the Property

Chase Keller

CHASE Collective Listed on: 09/22/2023

Co-Listed By

Elizabeth Keller

CHASE Collective

Last Buyer's Agent

Leslie Uzel

Agency Iowa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1970

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 85x187

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 4 Bathrooms
  • 1,622 Sq Ft Home
  • Storage
  • Laundry Room
  • Walk-Out Basement
  • 2 Kitchens

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 29100370001003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $903
  • Gross Income $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,306

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 197.29
  • Sp Amt Sq Ft: 192.66
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Description: Partial Finished, Walkout
  • Sq Ft Bsmt: 1622
  • Sq Ft Fin Bsmt: 1225
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Half Bathrooms: 2
  • Living Area Sq Ft: 1622
  • Total Sq Ft: 1622

Exterior Features

  • Exterior: Cement Board
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 903

Schools

  • School District: West Des Moines

Lot Info

  • Acres: 0.3660
  • Lot S F: 15937
  • Lot Shape: Regular
  • Lot Size: 85X187
  • Assessor Parcel Number: 29100370001003
  • Zoning: R2

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Water Tenant

Tax Info

  • Gross Taxes: 4306.00
  • Net Taxes: 4306.00
  • Tax Year: 2023

Multi Family

  • Total Units: 2

MLS Schools

  • School District: West Des Moines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 31, 2023
Sold by
Talley Gregory A and Talley Nicole M
Bought by
Meyn John S
Seller's Agent
Chase Keller
CHASE Collective
Buyer's Agent
Leslie Uzel
Agency Iowa
List Price
$320,000
Sold Price
$312,500
Premium/Discount to List
-$7,500
-2.34%
Total Days on Market
7
Views
4
Current Estimated Value
$304,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,852
Avg. Annual Appreciation
-1.56%
Original Mortgage
$250,000
Outstanding Balance
$246,479
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$58,169
Source: Public Records

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
Meyn John S $312,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyn John S $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $312,500 -2.3% $193 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $320,000 -- $197 / 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 $4,146 $271,600 $47,500 $224,100
2023 $4,360 $271,600 $47,500 $224,100
2022 $4,306 $232,600 $42,800 $189,800
2021 $4,242 $232,600 $42,800 $189,800
2020 $4,180 $217,700 $40,000 $177,700
2019 $3,890 $217,700 $40,000 $177,700
2018 $3,816 $195,300 $35,000 $160,300
2017 $3,716 $195,300 $35,000 $160,300
2016 $3,634 $185,800 $32,900 $152,900
2015 $3,634 $185,800 $32,900 $152,900
2014 $3,434 $180,000 $31,500 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 682462

Des Moines Area Association of REALTORS®

APN: 291-00370001003