NOT LISTED FOR SALE

1522 E 16th St Des Moines, IA 50316

Martin Luther King Jr Park Neighborhood

Estimated Value: $216,000 - $232,785

-- Bed
2 Baths
1,840 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $175,000 $95 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,597/month

52 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Storage

About This Home

As of September 2021

Looking for an investment property? Here is your chance! Remodeled Due-plex is ready for a new owner. New Flooring, New Paint inside and outside. Tons of storage. Close to downtown and attracts fantastic renters at a premium price.

Last Listed By

Matthew Parmenter

Keller Williams Realty GDM Listed on: 07/20/2021

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,854

Year Built

  • Built in 1980

Lot Details

  • 0.3

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Storage
  • Laundry Room
  • 2 Kitchens

Additional Features

  • 0.3 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 11002247001000

Community Details

Overview

  • 2 Units
  • 2 Pars Llc Association

Building Details

  • Operating Expense $25
  • Gross Income $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,854

Year Built

Built in 1980

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Paved: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 25.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Capitol Park Neighborhood
  • Management Firm: 2 Pars LLC

Fee Information

  • Total Expense: 25

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2980
  • Lot S F: 12964
  • Assessor Parcel Number: 11002247001000
  • Zoning: N3A

Rental Info

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

Tax Info

  • Gross Taxes: 2854.00
  • Net Taxes: 2854.00
  • Tax Year: 2020

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 20, 2021
Closed on
Sep 21, 2021
Sold by
2Pars Llc
Bought by
Mcdannold Ryan
Seller's Agent
Matthew Parmenter
Keller Williams Realty GDM
Buyer's Agent
Elizabeth Keller
CHASE Collective
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Total Days on Market
52
Current Estimated Value
$224,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,946
Avg. Annual Appreciation
6.36%
Original Mortgage
$131,250
Outstanding Balance
$121,491
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$97,712

Purchase Details

Closed on
Nov 20, 2006
Sold by
City Of Des Moines Municipal Hsng Agency
Bought by
Mcclish Todd and Mcclish Selena E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

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

Similar Homes in Des Moines, IA

  • 1513 Des Moines St, Des Moines, IA 50316

    $230,000

    • Studio
    • 3 Baths
    • 2,806 Sq Ft
    • 1513 Des Moines St
    • Des Moines, IA

    Welcome to 1513 Des Moines Street, a prime multi-unit investment property in the heart of Des Moines. This 3-unit multiplex presents an excellent opportunity for investors seeking immediate rental income with built-in occupancy. Two of the three units are already filled, providing steady cash flow from day one. The property offers three distinct rental units, each with its own full bathroom. The

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1527 Forest Ave, Des Moines, IA 50314

    $249,000

    • Studio
    • 2 Baths
    • 3,729 Sq Ft
    • 1527 Forest Ave
    • Des Moines, IA

    Turnkey duplex opportunity at 1527 Forest Ave in Des Moines—perfect for investors! This solid brick and stucco property features two spacious 2-bed/1-bath units, both with original hardwood floors, updated electrical, and composite windows. Recent exterior upgrades include a brand-new roof, soffit, gutters, and fascia. Located directly across from a park on a corner lot, the property offers

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 2400 SE 8th St, Des Moines, IA 50315

    $259,000

    • Studio
    • 3 Baths
    • 2,140 Sq Ft
    • 2400 SE 8th St
    • Des Moines, IA

    Investor opportunity in the heart of Des Moines! Located at 2400 SE 8th St, this multi-family property offers strong rental potential with three separate units—two 1-bed/1-bath units and one 2-bed/1-bath unit—spread across 2,140 sq ft of living space. The property has a masonry foundation, an unfinished basement for additional storage, and off-street parking potential. With each unit already

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 4025 54th St, Des Moines, IA 50310

    $260,000

    • Studio
    • 2 Baths
    • 1,358 Sq Ft
    • 4025 54th St
    • Des Moines, IA

    4025 54th St is a rock-solid duplex that makes sense from every angle—whether you're a first-time house hacker or a seasoned investor looking to expand your portfolio. With both units currently vacant, you're free to move in and offset your mortgage with rental income, or lease out both sides at market rent with zero downtime. The property includes an upper 3-bedroom, 1-bath unit and a lower

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1208 West St, Des Moines, IA 50315

    $245,000

    • Studio
    • 3 Baths
    • 1,876 Sq Ft
    • 1208 West St
    • Des Moines, IA

    This is a great turnkey rental property. Consists of a 964 sqft 2 bedroom raised ranch home with afinishable 3rd bedroom in the basement and a duplex each side consists of 1 bed 1 bath units. The single-family home does have a full basement with separate furnaces and a very nice two-car garage! Total rentis 2600 and Landlord pays for utilities. Both of the properties have a newer roof

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1301 E Sheridan Ave, Des Moines, IA 50316

    $169,990

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • 1301 E Sheridan Ave
    • Des Moines, IA

    Great Investment Opportunity! This income-producing property is occupied on both sides and sits just 0.5 miles from Grand View University which is a prime location for tenants! Each unit features 1 bedroom, 1 bathroom, and a dedicated garage spot. Major updates include a new sewer line from the house to the curb (2023), and replaced furnaces and hot water heaters for both units (2022). A

    Allison Hendershot RE/MAX Concepts

    Section Image
  • 2300 Dean Ave, Des Moines, IA 50317

    $200,000

    • Studio
    • 2 Baths
    • 864 Sq Ft
    • 2300 Dean Ave
    • Des Moines, IA

    Freshly renovated from top to bottom, this charming duplex is a fantastic investment or owner-occupant opportunity! Each unit features 1 bedroom, 1 full bath, a beautifully remodeled kitchen, and a cozy living room. The entire property has been updated with new LVP flooring, fresh paint, and modern finishes throughout. The kitchens boast brand-new appliances, including dishwashers, while the

    Timothy Scheib RE/MAX Precision

    Section Image
  • 1608 Mondamin Ave, Des Moines, IA 50314

    $245,000

    • Studio
    • 2 Baths
    • 1,056 Sq Ft
    • 1608 Mondamin Ave
    • Des Moines, IA

    Newly updated Duplex. I bed 1 bath on each side. With 2 non conforming bedrooms and living space in the basement. New roof, siding, gutters, mechanicals, plumbing and electrical in basement. Permits pulled so home could be eligible for a tax abatement. Call the city of Des Moines for the details. Yard is fully fenced. Driveways for parking off street as well.

    Joanne May RE/MAX Revolution

    Section Image
  • 3019 E Douglas Ave, Des Moines, IA 50317

    $247,000

    • Studio
    • 1 Bath
    • 1,408 Sq Ft
    • 3019 E Douglas Ave
    • Des Moines, IA

    this well-maintained duplex offers a perfect addition to any investment portfolio or a great option for the house hacking method. Each unit features 2 bedrooms, 1 bathroom, and includes all appliances, making it move-in ready for tenants.Key Features:2 beds / 1 bath per unitAll appliances includedTenants responsible for yard care and utilitiesNewer roof and active rental

    Madalin Akers United Real Estate Profess

    Section Image
See All Homes in Des Moines

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
Mcdannold Ryan $175,000 None Available
Mcclish Todd $93,251 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdannold Ryan $131,250
Previous Owner Mcclish Todd $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $175,000 -7.8% $95 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $189,900 -- $103 / 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 $3,894 $197,900 $18,500 $179,400
2023 $3,506 $197,900 $18,500 $179,400
2022 $2,514 $148,800 $14,600 $134,200
2021 $2,466 $107,500 $14,600 $92,900
2020 $2,562 $98,800 $13,300 $85,500
2019 $2,492 $98,800 $13,300 $85,500
2018 $2,466 $92,700 $12,200 $80,500
2017 $2,324 $92,700 $12,200 $80,500
2016 $2,264 $85,900 $11,100 $74,800
2015 $2,264 $85,900 $11,100 $74,800
2014 $2,166 $84,600 $10,600 $74,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Matthew Parmenter

    Keller Williams Realty GDM

    (515) 321-4810

    2 in this area

    30 Total Sales

    Matthew Parmenter
    Section Image
  • Elizabeth Keller

    Buyer's Agent in 2021

    Elizabeth Keller

    CHASE Collective

    (515) 423-5607

    2 in this area

    315 Total Sales

    Elizabeth Keller
    Section Image
  • Liz Prue

    Buyer's Agent in 2021

    Liz Prue

    RE/MAX

    (515) 423-5607

    1 in this area

    190 Total Sales

    Liz Prue
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 633826

Des Moines Area Association of REALTORS®

APN: 110-02247001000

Iowa Polk County Des Moines 50316 Martin Luther King Jr Park

1522 E 16th St, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 1522 E 16th St, Des Moines, IA 50316 since 20 July 2021 and is currently estimated at $224,946, approximately $122 per square foot. This property was built in 1980. 1522 E 16th St is a home located in Polk County with nearby schools including Garton Elementary School, Hiatt Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes