NOT LISTED FOR SALE

Estimated Value: $194,000

-- Bed
2 Baths
3,163 Sq Ft
$61/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $90,000 $28 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,309/month

24 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Storage

About This Home

As of July 2019

Good rental units. Home is in good repair, large front porch, 2 newer furnaces, newer roof, new plumbing. Rental Certificate good through 2020. Window Air. Remodeled in 2010.
2 BR upper SQ' is 899 rented for $750. Lower Unit, 2+ BR. SQ' is 1132, rented for $850.

Last Listed By

Betsy Haas-Reineck

LPT Realty, LLC Listed on: 07/05/2019

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1895

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 50x160

Parking

  • Gravel Driveway

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 3,163 Sq Ft Home
  • 2-Story Property
  • Storage
  • Unfinished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • 2 Kitchens
  • Stove

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 08001385000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,775

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 31.58
  • Sp Amt Sq Ft: 28.45
  • Termite: Call Listing Agent
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Hardwood Floors, Laminate Floors, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Unfinished, Walkout
  • Sq Ft Bsmt: 1132
  • Kitchens: 2
  • Storage: Yes
  • Half Bathrooms: 1
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 3163
  • Total Sq Ft: 3163

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Brick
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete
  • Trim: Oak, Paint

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: 4 Row

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1840
  • Lot S F: 8000
  • Lot Shape: Regular
  • Lot Size: 50X160
  • Assessor Parcel Number: 08001385000000
  • Zoning: R1-60

Rental Info

  • Deposit: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Water Owner

Tax Info

  • Gross Taxes: 1774.92
  • Net Taxes: 1774.92
  • Tax Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Malone Holdings Llc
Bought by
Lbd Llc
Total Days on Market
24
Current Estimated Value
$194,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$149,654
Interest Rate
1.2%
Mortgage Type
New Conventional
Estimated Equity
$41,346

Purchase Details

Listed on
Jul 5, 2019
Closed on
Jul 26, 2019
Sold by
Wolfe Rex D and Wolfe Kathy
Bought by
Malone Holdings Llc
Seller's Agent
Betsy Haas-Reineck
LPT Realty, LLC
Buyer's Agent
Nick Stephenson
Realty ONE Group Impact
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.80%
Original Mortgage
$90,112
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2009
Sold by
Aurora Loan Services Llc
Bought by
Wolfe Rex D

Purchase Details

Closed on
Dec 11, 2008
Sold by
Campbell Eunice L and Campbell Edward J
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 16, 2005
Sold by
Campbell Edward James
Bought by
Campbell Edward James and Campbell Eunice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
6.37%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Lbd Llc $150,000 None Listed On Document
Malone Holdings Llc $90,000 None Available
Wolfe Rex D $12,000 None Available
Aurora Loan Services Llc $61,880 None Available
Campbell Edward James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lbd Llc $150,000
Previous Owner Malone Holding Llc $25,000
Previous Owner Malone Holdings Llc $90,112
Previous Owner Malone Holdings Llc $98,599
Previous Owner Campbell Edward J $57,750
Previous Owner Campbell Edward James $51,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $90,000 -9.9% $28 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $99,900 -- $32 / 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 $2,676 $136,000 $13,500 $122,500
2023 $2,436 $136,000 $13,500 $122,500
2022 $2,418 $103,400 $10,700 $92,700
2021 $1,742 $103,400 $10,700 $92,700
2020 $1,810 $92,800 $9,700 $83,100
2019 $1,752 $92,800 $9,700 $83,100
2018 $1,734 $88,200 $9,200 $79,000
2017 $1,602 $88,200 $9,200 $79,000
2016 $1,560 $82,200 $8,500 $73,700
2015 $1,560 $82,200 $8,500 $73,700
2014 $1,440 $77,200 $8,000 $69,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 586313

Des Moines Area Association of REALTORS®

APN: 080-01385000000