NOT LISTED FOR SALE

1544 E Park Ave Des Moines, IA 50320

Pioneer Park Neighborhood

Estimated Value: $219,000 - $276,000

Studio
4 Baths
1,800 Sq Ft
$137/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $250,000 $139 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,612/month

5 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of November 2022

This 1978 duplex is ready for the next owner-occupied buyer to house hack OR the investor who is looking for the turnkey side-by-side duplex that has many of the major items taken care of for years to come. To start, we have 1544 which is vacant and is absolutely stunning. Highlighting a kitchen with granite countertops and Whirlpool stainless steel appliances. Each side with over 1000 sq ft of finished living space! Each unit mirrors the other and has 2 bedrooms upstairs, with 1 full bath off the hallway. The main level has a living room, kitchen, and back deck off the dining area. Downstairs we have a dry basement which is finished with 1 bedroom with an egress window making each side a 3 bed 1.5 bath. The property features newer vinyl windows, newer siding new water heater in 2021 in 1546. The owner doesn't pay any of the utilities, which is rare in many of these properties. The occupied side is rented for $975 with a lease that extends through June of 2023. Again unit 1544 is vacant and ready for an owner-occupied homeowner or the next tenant. The estimated market rent for the vacant unit is between 1100-1200 per month.

Last Agent to Sell the Property

Darson Grantham

Keller Williams Realty GDM Listed on: 09/15/2022

Keller Williams Realty GDM

Last Buyer's Agent

Nancy Baccam

Century 21 Signature

Century 21 Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,129

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 65x199

Parking

  • Driveway

Home Design

  • 1,800 Sq Ft Home
  • Poured Concrete
  • Asphalt Shingled Roof

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • 4 Bathrooms
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 01006267001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,129

Year Built

Built in 1978

Lot Details

0.3 Acres

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 138.89
  • Sp Amt Sq Ft: 138.89
  • Year Built: 1978
  • 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
  • Kitchens: 2
  • Laundry: Yes
  • Half Bathrooms: 2
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1800
  • Total Sq Ft: 1800

Exterior Features

  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2970
  • Lot S F: 12935
  • Lot Size: 65X199
  • Assessor Parcel Number: 01006267001000
  • Zoning: N3A

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Water Tenant

Tax Info

  • Gross Taxes: 4128.82
  • Net Taxes: 4128.82
  • Tax Year: 2021

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 27, 2022
Sold by
Don Samoane M and Don Matthew
Bought by
Greene Steven
Seller's Agent
Darson Grantham
Keller Williams Realty GDM
Buyer's Agent
Nancy Baccam
Century 21 Signature
List Price
$250,000
Sold Price
$250,000
Views
6
Current Estimated Value
$245,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,190
Avg. Annual Appreciation
-0.51%
Original Mortgage
$245,471
Outstanding Balance
$237,247
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$8,563

Purchase Details

Listed on
Feb 18, 2020
Closed on
Feb 18, 2020
Sold by
Pacifica International Llc
Bought by
Don Samoane M and Don Matthew
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Elizabeth Keller
CHASE Collective
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.04%
Original Mortgage
$165,452
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2007
Sold by
Rubicam Margaret M
Bought by
Pacifica International Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greene Steven $250,000 --
Don Samoane M $149,000 None Available
Pacifica International Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Steven $245,471
Previous Owner Don Samoane M $165,452
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2022 11/03/22 Sold $250,000 0.0% $139 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $250,000 +67.8% $139 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/18/2020 02/18/20 Sold $149,000 0.0% $83 / Sq Ft View Prior Sale
02/18/2020 02/18/20 For Sale $149,000 -- $83 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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
2025 $4,034 $241,400 $26,400 $215,000
2024 $4,034 $205,100 $22,100 $183,000
2023 $3,820 $205,100 $22,100 $183,000
2022 $3,790 $171,000 $19,400 $151,600
2021 $3,508 $171,000 $19,400 $151,600
2020 $3,868 $149,200 $17,100 $132,100
2019 $3,664 $149,200 $17,100 $132,100
2018 $3,626 $136,300 $15,400 $120,900
2017 $3,508 $136,300 $15,400 $120,900
2016 $3,418 $129,700 $14,400 $115,300
2015 $3,418 $129,700 $14,400 $115,300
2014 $3,042 $118,800 $13,000 $105,800
Source: Public Records

Agents Affiliated with this Home

  • Darson Grantham

    Seller's Agent in 2022

    Darson Grantham

    Keller Williams Realty GDM

    (641) 745-0156

    2 in this area

    218 Total Sales

    Darson Grantham
    Section Image

  • N

    Buyer's Agent in 2022

    Nancy Baccam

    Century 21 Signature

    Section Image

  • O

    Seller's Agent in 2020

    OUTSIDE AGENT

    OTHER

    4 in this area

    5,638 Total Sales

    OUTSIDE AGENT
    Section Image
  • Elizabeth Keller

    Buyer's Agent in 2020

    Elizabeth Keller

    CHASE Collective

    (515) 423-5607

    2 in this area

    274 Total Sales

    Elizabeth Keller
    Section Image
  • Liz Prue

    Buyer's Agent in 2020

    Liz Prue

    RE/MAX

    (515) 423-5607

    1 in this area

    134 Total Sales

    Liz Prue
    Section Image

  • C

    Buyer Co-Listing Agent in 2020

    Chase Keller

    CHASE Collective

    (319) 231-1160

    27 Total Sales

    Chase Keller
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 660042

Des Moines Area Association of REALTORS®

APN: 010-06267001000

Iowa Polk County Des Moines 50320 Pioneer Park

1544 E Park Ave, Des Moines, IA

Not Listed for Sale

MultiFamily

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