NOT LISTED FOR SALE

Estimated Value: $196,000 - $241,000

-- Bed
2 Baths
2,384 Sq Ft
$92/Sq Ft Est. Value

Last Sold June 05, 2018

Last sale price $120,000 $50 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,573/month

103 Days on Market

Highlights

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

About This Home

As of June 2018

Duplex on Drake University campus. Available for sale as an investment. Both units are currently rented out with leases in place and up to date rental certificates.

Last Listed By

Andrew Goodall

Goodall Properties LLC Listed on: 02/22/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 7,811 Sq Ft Lot
  • Lot Dimensions are 56x138

Parking

  • Driveway

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,384 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 08001849000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 54.53
  • Sp Amt Sq Ft: 50.34
  • Termite: Follow Showing Instructions
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1120
  • Kitchens: 2
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 2384
  • Total Sq Ft: 2384

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1790
  • Lot S F: 7811
  • Lot Size: 56X138
  • Assessor Parcel Number: 08001849000000
  • Zoning: R

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Electric Tenant, Gas Tenant, Water Tenant

Tax Info

  • Gross Taxes: 3526.00
  • Net Taxes: 3526.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Jun 4, 2018
Sold by
Jklm Enterprises Llc
Bought by
Norkham Llc
Seller's Agent
Andrew Goodall
Goodall Properties LLC
Buyer's Agent
Michael Martin
Des Moines Realty Group
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Total Days on Market
103
Current Estimated Value
$220,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,170
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Apr 20, 2007
Sold by
Henderson Jamie and Henderson Laura
Bought by
Jklm Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 27, 2007
Sold by
Thomas David A
Bought by
Henderson Jamie and Finch Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 12, 2002
Sold by
Staley William C and Staley Betty L
Bought by
Thomas David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,410
Interest Rate
6.32%

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
Norkham Llc $120,000 None Available
Jklm Enterprises Llc -- None Available
Henderson Jamie $129,500 Itc
Thomas David A $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henderson Jamie $13,000
Previous Owner Henderson Jamie $104,000
Previous Owner Thomas David A $94,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2018 06/05/18 Sold $120,000 -7.7% $50 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $130,000 -- $55 / 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 $4,088 $207,800 $30,800 $177,000
2023 $3,932 $207,800 $30,800 $177,000
2022 $3,902 $166,800 $26,100 $140,700
2021 $3,650 $166,800 $26,100 $140,700
2020 $3,792 $146,300 $23,100 $123,200
2019 $3,512 $146,300 $23,100 $123,200
2018 $3,476 $130,700 $20,200 $110,500
2017 $3,526 $130,700 $20,200 $110,500
2016 $3,436 $130,400 $20,100 $110,300
2015 $3,436 $130,400 $20,100 $110,300
2014 $3,816 $125,100 $17,800 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 555477

Des Moines Area Association of REALTORS®

APN: 080-01849000000