$128,000
SOLD NOV 8, 2019
2 Beds
2 Baths
1,092 Sq Ft
$250/mo HOA Fee

Recently Sold

$117 Per Sq Ft

12% Below List Price

179 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Accessible Ramps
  • Family Room
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of October 2023

RARE OPPORTUNITY FOR A GROUND LEVEL, 2 BEDROOM UNIT UNDER 200K IN DOWNTOWN OR SHERMAN HILL!!!! BUILD SWEAT EQUITY!!!! ACCESSIBLE RAMP BACK ENTRANCE, 2 bed, 2 bath condo in the SHERMAN HILL NEIGHBORHOOD by Downtown Des Moines! You won't find a better value on a unit of this size in the downtown area! Built in 2006, this just under 1,100 square foot unit has an open-concept living space with a split bedroom plan. Hardwood floors in the living, dining, kitchen areas with tile in bathrooms. Gas fireplace. Full appliance package including stainless-steel kitchen appliances, washer, and dryer. 1 car detached garage space comes with the unit. Cement patio. Association dues cover lawn care, snow removal, building maintenance, and water/sewer. Investor friendly. Place a call to see this great property today!

Last Agent to Sell the Property

Michael Volquardsen

Local Realty Company Listed on: 05/13/2019

Last Buyer's Agent

Marceen Peters

RE/MAX Precision

RE/MAX Precision

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2006

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Block Foundation
  • Slab Foundation

Interior Spaces

  • 1,092 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Additional Features

  • Accessible Ramps
  • 2,021 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03003845801000

Community Details

Overview

  • Ryan Galloway Association, Phone Number (515) 314-5481

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Year Built

Built in 2006

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 123.63
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 117.22
  • Termite: Follow Showing Instructions
  • Unit: A1
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Slab
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Handicap Features: Ramp, See Remarks
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1092
  • Total Sq Ft: 1092

Exterior Features

  • Foundation: Concrete Block, Poured
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached
  • Garage Parking Stalls: 1

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Insurance, Lawn Care, See Remarks, Snow Removal

Association/Amenities

  • Amenities: See Remarks
  • HOA Name: Olive St. Condo Assoc.
  • Management Firm: Ryan Galloway
  • Management Firm Phone: 515-314-5481

Condo/Co-op/Association

  • Association Fee: 250.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.0460
  • Lot S F: 2021
  • Assessor Parcel Number: 03003845801000
  • Zoning: C-0

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Rental Info

  • Rent Restriction Description: May use as rental, contact HOA

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3328.00
  • Net Taxes: 3328.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Oct 3, 2023
Sold by
Chuong Connie
Bought by
Obbink Tarin
Seller's Agent
Jonathan Musser
RE/MAX Precision
Buyer's Agent
Dan Rozga
RE/MAX Concepts
List Price
$169,900
Sold Price
$165,500
Premium/Discount to List
-$4,400
-2.59%
Views
82
Current Estimated Value
$169,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,966
Avg. Annual Appreciation
3.27%
Original Mortgage
$33,100
Interest Rate
7.18%

Purchase Details

Listed on
May 13, 2019
Closed on
Oct 31, 2019
Sold by
Wiley Shane M
Bought by
Chuong Connie
Seller's Agent
Michael Volquardsen
Local Realty Company
Buyer's Agent
Marceen Peters
RE/MAX Precision
List Price
$145,000
Sold Price
$128,000
Premium/Discount to List
-$17,000
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$82,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Olive Street Development Co Llc
Bought by
Wiley Shane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $165,500 None Listed On Document
Warranty Deed $128,000 None Available
Warranty Deed $147,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $33,100 No Value Available
Open $132,400 New Conventional
Previous Owner $82,000 New Conventional
Previous Owner $118,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $165,500 -2.6% $152 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $169,900 0.0% $156 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $169,900 -2.9% $156 / Sq Ft
07/25/2023 07/25/23 For Sale $175,000 +36.7% $160 / Sq Ft
11/08/2019 11/08/19 Sold $128,000 -11.7% $117 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $145,000 -- $133 / 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 $3,152 $154,800 $8,400 $146,400
2023 $3,388 $154,800 $8,400 $146,400
2022 $3,362 $138,900 $7,500 $131,400
2021 $3,444 $138,900 $7,500 $131,400
2020 $3,572 $133,500 $7,200 $126,300
2019 $3,364 $133,500 $7,200 $126,300
2018 $3,328 $121,300 $6,500 $114,800
2017 $150 $121,300 $6,500 $114,800
2016 $148 $130,300 $7,000 $123,300
2015 $148 $130,300 $7,000 $123,300
2014 $148 $130,300 $7,000 $123,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 582029

Des Moines Area Association of REALTORS®

APN: 030-03845801000