NOT LISTED FOR SALE

Estimated Value: $237,000 - $300,000

-- Bed
2 Baths
2,495 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $295,000 $118 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,933/month

4 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • 0.44 Acre Lot
  • Laundry Room
  • Wood Siding

About This Home

As of June 2024

Remarkable turnkey investment opportunity in Southside Des Moines! This duplex has been remodeled in 2021 with new kitchens, flooring, trim, bathrooms and paint throughout. Unit A is occupied with tenant and offers a living room, eat in kitchen, bathroom, and laundry room on main level. The second floor has two bedrooms and another bathroom. Ranch style Unit B offers eat in kitchen, large living room, two bedrooms, two bathrooms and laundry room. Both units have basements with plenty of storage. New roof and painted siding completed in 2023. This duplex offers fenced in yard with partial artificial turf, outdoor space (Unit 1 has patio), front porch, plenty of parking space and proximity to the airport. Schedule your showing today!

Last Agent to Sell the Property

Jasmina Salkic

EXIT Realty & Associates Listed on: 04/04/2024

EXIT Realty & Associates

Last Buyer's Agent

Darson Grantham

Keller Williams Realty GDM

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,115

Year Built

  • Built in 1940

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 139x138

Parking

  • Driveway

Home Design

  • 2,495 Sq Ft Home
  • Duplex
  • Block Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Kitchen

  • 2 Kitchens
  • <<microwave>>
  • Dishwasher

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Additional Features

  • 2 Full Bathrooms
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 12001823000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,115

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 114.23
  • Sp Amt Sq Ft: 118.24
  • Termite: Follow Showing Instructions
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: 1st Flr Laundry, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1086
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Living Area Sq Ft: 2495
  • Total Sq Ft: 2495

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.4440
  • Lot S F: 19334
  • Lot Shape: Regular
  • Lot Size: 139X138
  • Assessor Parcel Number: 12001823000000
  • Zoning: Res

Rental Info

  • Deposit: Yes

Tax Info

  • Gross Taxes: 5114.92
  • Net Taxes: 5114.92

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 31, 2024
Sold by
Humphrey Samuel and Ryan Brenna J
Bought by
Schelfhout Ezra and Schelfhout Marissa Renee
Seller's Agent
Jasmina Salkic
EXIT Realty & Associates
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$285,000
Sold Price
$295,000
Premium/Discount to List
$10,000
3.51%
Views
20
Current Estimated Value
$273,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,073
Avg. Annual Appreciation
-5.09%
Original Mortgage
$289,656
Outstanding Balance
$287,320
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
-$9,081

Purchase Details

Closed on
Oct 29, 2021
Sold by
Tds Industries Llc
Bought by
Humphrey Samuel and Ryan Brenna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.75%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Oct 25, 2021
Sold by
Tradition Home Builders Llc
Bought by
Tds Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.75%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Jul 14, 2020
Sold by
Wood Julie A and Estate Of Larry Dean Anderson
Bought by
Tradition Home Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,671
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 18, 2004
Sold by
Anderson Alice A
Bought by
Anderson Larry D

Purchase Details

Closed on
Jan 24, 2003
Sold by
The Swenson Family Trust
Bought by
Anderson Larry D and Anderson Alice A

Purchase Details

Closed on
Jun 29, 2001
Sold by
The Swenson Family Trust
Bought by
Anderson Larry D and Anderson Alice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 1999
Sold by
Swenson Donald N and Swenson Constance F
Bought by
Swenson Donald N and Swenson Constance F
Source: Public Records

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
Schelfhout Ezra $295,000 None Listed On Document
Humphrey Samuel $230,000 None Listed On Document
Humphrey Samuel $230,000 None Available
Tds Industries Llc -- None Available
Tradition Home Builders Llc -- None Available
Anderson Larry D -- --
Anderson Larry D $129,500 --
Anderson Larry D $130,000 --
Swenson Donald N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schelfhout Ezra $289,656
Previous Owner Humphrey Samuel $220,000
Previous Owner Tds Industries Llc $43,124
Previous Owner Tradition Home Builders Llc $100,671
Previous Owner Anderson Larry D $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $295,000 +3.5% $118 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $285,000 -- $114 / 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 $5,034 $266,400 $36,000 $230,400
2023 $4,816 $266,400 $36,000 $230,400
2022 $4,986 $213,200 $30,800 $182,400
2021 $4,826 $213,200 $30,800 $182,400
2020 $5,014 $193,400 $27,700 $165,700
2019 $4,768 $193,400 $27,700 $165,700
2018 $4,720 $177,400 $24,500 $152,900
2017 $4,482 $177,400 $24,500 $152,900
2016 $4,366 $165,700 $22,300 $143,400
2015 $4,366 $165,700 $22,300 $143,400
2014 $3,854 $150,500 $20,000 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 692574

Des Moines Area Association of REALTORS®

APN: 120-01823000000