NOT LISTED FOR SALE

Estimated Value: $174,000 - $223,000

-- Bed
1 Bath
588 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $150,000 $255 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,327/month

20 Days on Market

Highlights

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

About This Home

As of October 2019

This home is located at 1872 E Park Ave, Des Moines, IA 50320 since 20 September 2019 and is currently estimated at $199,922, approximately $340 per square foot. This property was built in 1977. 1872 E Park Ave is a home located in Polk County with nearby schools including River Woods Elementary School, Weeks Middle School, and East High School.

Last Agent to Sell the Property

Cheri Herman

LPT Realty, LLC Listed on: 09/20/2019

LPT Realty, LLC

Last Buyer's Agent

Marco Miranda

Associated Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,139

Year Built

  • Built in 1977

Lot Details

  • 8,737 Sq Ft Lot
  • Lot Dimensions are 69x125

Home Design

  • Property Attached
  • Block Foundation

Additional Features

  • 2 Kitchens
  • 1 Full Bathroom
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Finished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 01001973108005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,139

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Bi-Attached
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Finished
  • Kitchens: 2
  • Laundry: Yes
  • Storage: No
  • Half Bathrooms: 1

Exterior Features

  • Foundation: Concrete Block
  • Paved: Yes
  • Sidewalk: Y

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2010
  • Lot S F: 8737
  • Lot Size: 69X125
  • Assessor Parcel Number: 01001973108005
  • Zoning: Res

Rental Info

  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Tenant, Misc Exp Tenant, Water Tenant

Tax Info

  • Gross Taxes: 3139.00
  • Net Taxes: 3139.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Oct 23, 2019
Sold by
Asw Solutions Llc
Bought by
Hibiscus Llc
Seller's Agent
Cheri Herman
LPT Realty, LLC
Buyer's Agent
Marco Miranda
Associated Realty
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Current Estimated Value
$199,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,922
Avg. Annual Appreciation
5.55%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Wascher Austin
Bought by
Asw Solutions Llc

Purchase Details

Closed on
Apr 27, 2015
Sold by
Wascher Scott E
Bought by
Wascher Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.85%

Purchase Details

Closed on
May 18, 2006
Sold by
Brooner Kevin P and Brooner Kayla J
Bought by
Wascher Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
6.54%

Purchase Details

Closed on
Feb 12, 2004
Sold by
Geppert Pinegar Shelley A and Pinegar Jeffrey
Bought by
Brooner Kevin and Brooner Kayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
Sold by
Schafer Dianne Lyn
Bought by
Brooner Kevin and Brooner Kayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2001
Sold by
Newman Texas W
Bought by
Geppert Sshelley A

Purchase Details

Closed on
Oct 9, 1999
Sold by
Dannen Diane and Byford Joel
Bought by
Geppert Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,561
Interest Rate
7.91%

Purchase Details

Closed on
Sep 3, 1997
Sold by
Dannen Diane
Bought by
Dannen Diane and Byford Joel
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
Hibiscus Llc $144,000 None Available
Asw Solutions Llc -- None Available
Wascher Austin $121,000 Attorney
Wascher Scott E $64,500 None Available
Wascher Scott E $64,500 Itc
Brooner Kevin $59,500 --
Geppert Pinegar Shelley A -- --
Brooner Kevin $56,500 --
Geppert Sshelley A -- --
Geppert Shelley $54,500 --
Dannen Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wascher Austin $88,000
Previous Owner Wascher Scott E $55,250
Previous Owner Brooner Kevin $48,000
Previous Owner Brooner Kevin $45,500
Previous Owner Geppert Shelley $54,561
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $150,000 -9.1% $255 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $165,000 -- $281 / 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 $3,206 $163,000 $19,100 $143,900
2023 $2,982 $163,000 $19,100 $143,900
2022 $2,958 $126,500 $15,600 $110,900
2021 $3,028 $126,500 $15,600 $110,900
2020 $3,028 $116,800 $14,500 $102,300
2019 $3,004 $116,800 $14,500 $102,300
2018 $3,072 $111,800 $13,700 $98,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 591722

Des Moines Area Association of REALTORS®

APN: 010/01973-108-005