NOT LISTED FOR SALE

1522 E 16th St Des Moines, IA 50316

Martin Luther King Jr Park Neighborhood

Estimated Value: $209,000 - $233,000

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

Sale Details

Date Sold: September 24, 2021

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

Est. 28% increase in value since last sale

Current estimated payment $1,579 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

  • 12,964 Sq Ft 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

0.3 Acres

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 21, 2021
Sold by
2Pars Llc
Bought by
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
$223,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,858
Avg. Annual Appreciation
5.13%
Original Mortgage
$131,250
Outstanding Balance
$117,060
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$106,798

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Martin Luther King Jr Park, IA

  • Darson Grantham Real Estate Agent - Keller Williams Realty GDM

    Darson Grantham

    Keller Williams Realty GDM

    (641) 247-4098

    238 Total Sales

    3 in Martin Luther King Jr Park

    $55K - $231K Price Range

    Darson Grantham
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  • Tammy Claiborne Real Estate Agent - Iowa Realty Ankeny

    Tammy Claiborne

    Iowa Realty Ankeny

    (515) 619-6710

    101 Total Sales

    1 in Martin Luther King Jr Park

    $99,500 Price

    Tammy Claiborne
     Section Image
  • Shawntel Cooney Real Estate Agent - Iowa Realty South

    Shawntel Cooney

    Responds Quickly

    Iowa Realty South

    (515) 461-8637

    116 Total Sales

    1 in Martin Luther King Jr Park

    $80,000 Price

    Shawntel Cooney
     Section Image
  • Kim Schmidt Real Estate Agent - RE/MAX Concepts

    Kim Schmidt

    Responds Quickly

    RE/MAX Concepts

    (515) 305-3575

    102 Total Sales

    1 in Martin Luther King Jr Park

    $118,000 Price

    Kim Schmidt
     Section Image
  • Jonathan Musser Real Estate Agent - RE/MAX Precision

    Jonathan Musser

    Responds Quickly

    RE/MAX Precision

    (515) 400-3229

    205 Total Sales

    2 in Martin Luther King Jr Park

    $163K - $268K Price Range

    Jonathan Musser
     Section Image
  • AJ Anderson Real Estate Agent - LPT Realty, LLC

    AJ Anderson

    Responds Quickly

    LPT Realty, LLC

    (515) 400-3069

    211 Total Sales

    1 in Martin Luther King Jr Park

    $100,000 Price

    AJ Anderson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,000 None Listed On Document
Mcclish Todd $93,251 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,894 $225,200 $21,300 $203,900
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

  • MP

    Seller's Agent in 2021

    Matthew Parmenter

    Keller Williams Realty GDM

    Section Image
  • Elizabeth Keller Real Estate Agent - CHASE Collective

    Buyer's Agent in 2021

    Elizabeth Keller

    CHASE Collective

    (515) 423-5607

    2 in this area

    226 Total Sales

    Elizabeth Keller
    Section Image
  • Liz Prue Real Estate Agent - RE/MAX

    Buyer's Agent in 2021

    Liz Prue

    RE/MAX

    (515) 423-5607

    1 in this area

    88 Total Sales

    Liz Prue
    Section Image
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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

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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