NOT LISTED FOR SALE

1522 E 16th St Des Moines, IA 50316

Martin Luther King Jr Park Neighborhood

Estimated Value: $220,000 - $232,793

-- 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 $1,539/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 Agent to Sell the Property

Matthew Parmenter

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

Keller Williams Realty GDM

Last Buyer's Agent

Elizabeth Keller

CHASE Collective

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%
Current Estimated Value
$225,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,198
Avg. Annual Appreciation
5.78%
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
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
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

    25 Total Sales

    Matthew Parmenter
    Section Image
  • Elizabeth Keller

    Buyer's Agent in 2021

    Elizabeth Keller

    CHASE Collective

    (515) 423-5607

    2 in this area

    291 Total Sales

    Elizabeth Keller
    Section Image
  • Liz Prue

    Buyer's Agent in 2021

    Liz Prue

    RE/MAX

    (515) 423-5607

    1 in this area

    160 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

This home is located at 1522 E 16th St, Des Moines, IA 50316 since 20 July 2021 and is currently estimated at $225,198, 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.

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