NOT LISTED FOR SALE

2003 Washington Ave Des Moines, IA 50310

Mondamin Presidential Neighborhood

Estimated Value: $77,927

-- Bed
4 Baths
2,061 Sq Ft
$38/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $22,000 $11 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $431/month

94 Days on Market

About This Home

As of August 2018

Attention to all investors. Perfect investment four-plex opportunity.

Last Agent to Sell the Property

Gilbert Gonzales

RE/MAX Precision Listed on: 04/13/2018

RE/MAX Precision

Co-Listed By

Fernando Aveiga

EXP Realty, LLC

Last Buyer's Agent

Richard Hudnut

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 6,105

Parking

  • Driveway

Home Design

  • 2,061 Sq Ft Home
  • Asphalt Shingled Roof

Additional Features

  • Laundry on main level
  • 6,105 Sq Ft Lot
  • Forced Air Heating System
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08007319000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 12.62
  • Sp Amt Sq Ft: 10.67
  • Termite: Call Listing Agent
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Flr Laundry
  • Basement Description: Unfinished
  • Living Area Sq Ft: 2061
  • Total Sq Ft: 2061

Exterior Features

  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1400
  • Lot S F: 6105
  • Lot Size: 104.1
  • Assessor Parcel Number: 08007319000000
  • Zoning: C-0

Tax Info

  • Gross Taxes: 2281.83
  • Net Taxes: 2281.83

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Wells Mary L
Bought by
City Of Des Moines
Current Estimated Value
$77,927

Purchase Details

Listed on
Apr 13, 2018
Closed on
Aug 3, 2018
Sold by
Nit Investments Llc
Bought by
Chabla Manuel
Seller's Agent
Gilbert Gonzales
RE/MAX Precision
Buyer's Agent
Richard Hudnut
RE/MAX Concepts
List Price
$26,000
Sold Price
$22,000
Premium/Discount to List
-$4,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.06%

Purchase Details

Closed on
Mar 22, 2018
Sold by
Ohp 79 Lc
Bought by
Nit Investments Llc

Purchase Details

Closed on
Apr 5, 2013
Sold by
Ohp5 Lc
Bought by
Paramount Real Estate Holdings and Garfield Justin

Purchase Details

Closed on
Dec 1, 2006
Sold by
Shinn Daniel D and Shinn Helen L
Bought by
Bradley James T and Bradley Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.4%
Mortgage Type
Seller Take Back
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
City Of Des Moines -- None Listed On Document
Chabla Manuel $22,000 None Available
Nit Investments Llc $5,000 None Available
Paramount Real Estate Holdings $41,000 None Available
Bradley James T $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradley James T $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2018 08/14/18 Sold $22,000 -15.4% $11 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $26,000 -- $13 / 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
2025 $254 -- -- --
2024 $254 $12,900 $12,900 $0
2023 $254 $12,900 $12,900 $0
2022 $298 $10,800 $10,800 $0
2021 $2,789 $10,800 $10,800 $0
2020 $3,878 $73,400 $9,800 $63,600
2019 $3,446 $73,400 $9,800 $63,600
2018 $5,768 $61,000 $9,800 $51,200
2017 $5,318 $61,000 $9,800 $51,200
2016 $2,248 $55,000 $8,200 $46,800
2015 $2,248 $55,000 $8,200 $46,800
2014 $2,192 $49,000 $8,200 $40,800
Source: Public Records

Agents Affiliated with this Home

  • Gilbert Gonzales

    Seller's Agent in 2018

    Gilbert Gonzales

    RE/MAX Precision

    (641) 691-2642

    2 in this area

    278 Total Sales

    Gilbert Gonzales
    Section Image
  • Fernando Aveiga

    Seller Co-Listing Agent in 2018

    Fernando Aveiga

    EXP Realty, LLC

    (515) 782-5174

    6 in this area

    129 Total Sales

    Fernando Aveiga
    Section Image
  • Richard Hudnut

    Buyer's Agent in 2018

    Richard Hudnut

    RE/MAX

    (515) 577-2228

    114 Total Sales

    Richard Hudnut
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 558707

Des Moines Area Association of REALTORS®

APN: 080-07319000000

Iowa Polk County Des Moines 50310 Mondamin Presidential

2003 Washington Ave, Des Moines, IA

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