1701 34th St Des Moines, IA 50310
Drake NeighborhoodEstimated Value: $136,000 - $141,795
--
Bed
1
Bath
1,002
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- 2 Kitchens
- Ranch Style House
- Forced Air Heating System
- 0.69 Acre Lot
- No HOA
- 3-minute walk to Witmer Park
About This Home
As of March 2024Welcome to your ideal investment or welcome home! This well maintained duplex not only provides the perfect income generating option but also offers an opportunity for an owner occupier looking to reduce living expenses and build wealth. The top level is vacant, so you can live upstairs in the larger unit and rent downstairs to current tenants. This newly updated, 2 bedroom duplex is large inside and has a huge wooded back yard! The back has a double lot with extra room. All across from Witmer park! The tenants below really enjoy the neighborhood with local favorites near by like Snooki’s Malt shop, Motley School Tavern and more just blocks away. Recent upgrades such as LVP flooring, NEW bedroom carpet, fresh interior paint jobs, bathroom vanity and many other updates in 2023. Moreover, it comes with a rental certificate valid through January 2026, making it an attractive package for those seeking rental income and long-term value. Room to increase lower unit rent soon and pass 50% utility cost to tenants too. A true turnkey rental. Don't miss out on this prime investment in Des Moines! Seller also offering to fill & lease upstairs unit before closing if wanted, with qualified tenant. Rate buy-down credit available too! Ask for details
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 0.69 Acre Lot
- Irregular Lot
Parking
- Gravel Driveway
Home Design
- 1,002 Sq Ft Home
- Ranch Style House
- Brick Foundation
- Asphalt Shingled Roof
Kitchen
- 2 Kitchens
- Stove
Bedrooms and Bathrooms
- 1 Full Bathroom
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 10009899001000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $1,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2023
Closed on
Mar 12, 2024
Sold by
Win Llc
Bought by
Antonio Cesarina Polanco
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
David Burgos
Fathom Realty
List Price
$155,000
Sold Price
$142,000
Premium/Discount to List
-$13,000
-8.39%
Views
183
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,102
Avg. Annual Appreciation
-1.72%
Original Mortgage
$139,428
Outstanding Balance
$137,776
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$1,122
Purchase Details
Closed on
Aug 11, 2023
Sold by
Win Llc
Bought by
Wilson & Cross Properties Llc
Purchase Details
Closed on
Jul 12, 2023
Sold by
Gdm Properties Llc
Bought by
K & N Equity Llc
Purchase Details
Closed on
Apr 13, 1998
Sold by
Stamatelos Dan and Stamatelos Pat
Bought by
Sparboe Garth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,100
Interest Rate
7.18%
Mortgage Type
Commercial
Similar Homes in Des Moines, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Antonio Cesarina Polanco | -- | None Listed On Document | |
| Antonio Cesarina Polanco | $142,000 | None Listed On Document | |
| Wilson & Cross Properties Llc | -- | None Listed On Document | |
| K & N Equity Llc | -- | None Listed On Document | |
| K & N Equity Llc | $80,000 | None Listed On Document | |
| Sparboe Garth | $44,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Antonio Cesarina Polanco | $139,428 | |
| Previous Owner | Sparboe Garth | $27,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2024 03/13/24 | Sold | $142,000 | +1.4% | $142 / Sq Ft |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | Price Changed | $140,000 | -3.4% | $140 / Sq Ft |
| 01/02/2024 01/02/24 | Price Changed | $145,000 | -2.6% | $145 / Sq Ft |
| 12/23/2023 12/23/23 | Price Changed | $148,900 | -0.1% | $149 / Sq Ft |
| 12/21/2023 12/21/23 | Price Changed | $149,000 | -0.3% | $149 / Sq Ft |
| 11/30/2023 11/30/23 | Price Changed | $149,400 | -0.3% | $149 / Sq Ft |
| 11/21/2023 11/21/23 | Price Changed | $149,900 | -3.3% | $150 / Sq Ft |
| 11/09/2023 11/09/23 | For Sale | $155,000 | +9.2% | $155 / Sq Ft |
| 10/24/2023 10/24/23 | Off Market | $142,000 | -- | -- |
| 10/12/2023 10/12/23 | Price Changed | $155,000 | -1.9% | $155 / Sq Ft |
| 09/28/2023 09/28/23 | Price Changed | $158,000 | -4.2% | $158 / Sq Ft |
| 09/07/2023 09/07/23 | For Sale | $165,000 | -- | $165 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,522 | $179,000 | $60,100 | $118,900 |
| 2023 | $3,532 | $179,000 | $60,100 | $118,900 |
| 2022 | $3,506 | $149,900 | $51,900 | $98,000 |
| 2021 | $3,396 | $149,900 | $51,900 | $98,000 |
| 2020 | $3,528 | $136,100 | $47,500 | $88,600 |
| 2019 | $3,244 | $136,100 | $47,500 | $88,600 |
| 2018 | $3,210 | $120,700 | $41,600 | $79,100 |
| 2017 | $2,920 | $120,700 | $41,600 | $79,100 |
| 2016 | $2,846 | $108,000 | $37,100 | $70,900 |
| 2015 | $2,846 | $108,000 | $37,100 | $70,900 |
| 2014 | $2,520 | $98,400 | $33,500 | $64,900 |
Source: Public Records
Agents Affiliated with this Home
-
Pennie Carroll
Seller's Agent in 2024
Pennie Carroll
Pennie Carroll & Associates
(515) 490-8025
17 in this area
1,295 Total Sales
-
David Burgos
D
Buyer's Agent in 2024
David Burgos
Fathom Realty
(515) 339-1667
5 in this area
98 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 681618
APN: 100-09899001000
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