NOT LISTED FOR SALE

Estimated Value: $757,000 - $939,000

4 Beds
4 Baths
3,400 Sq Ft
$248/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $720,000 $212 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,474/month

1 Day on Market

Highlights

  • Deck
  • Patio
  • High Speed Internet
  • Thermal Windows
  • Ceramic Tile Flooring
  • Property is in very good condition

About This Home

As of April 2021

Spacious Townhouse style duplex in Des Moines. Ready for an owner occupant or the astute investor. One side vacant for immediate move in or re-rent at market rate. Both sides are 2 bedrooms plus open loft/office & 1.75 baths. Main floor features are; Vaulted ceilings in open concept living/dining room with fireplace, an adjacent kitchen & eating bar plus 1 large bedroom and the main bath with tub. The upper levels consist of a large master bedroom with attached 3/4 bath plus an open concept office/loft with closet. Lower level features an oversize laundry room with ample storage & access to the two car garage. Unit 2018 updated in 2017 with new kitchen cabinets & granite, new appliances, new laminate & carpet. Fenced yard; patio & deck

Last Agent to Sell the Property

Kurt Kreager

Real Broker LLC License #21032790 Listed on: 03/01/2021

Real Broker LLC

Last Buyer's Agent

Sok Cheng

The Preview Group License #126218

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1729913

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,631

Year Built

  • Built in 1980

Lot Details

  • 7,200 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,400 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Des Moines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2006300060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,631

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3400
  • Special Features: VirtualTour
  • Cumulative Days on Market: 273

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Midway Sewer District
  • WaterCompany: Highline Water
  • WaterSewerGarbage: 1283

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 2006300060
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 46800

Multi Family

  • Gross Scheduled Income: 46800
  • Net Operating Income: 36956
  • Number Of Units Total: 2
  • Insurance Expense: 1930
  • Leasable Area: 3400
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 29, 2021
Sold by
Toppano David A
Bought by
Lofgren Kim and Lofgren Paul
Seller's Agent
Kurt Kreager
Real Broker LLC
Buyer's Agent
Sok Cheng
The Preview Group
List Price
$639,950
Sold Price
$720,000
Premium/Discount to List
$80,050
12.51%
Total Days on Market
1
Current Estimated Value
$844,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,391
Avg. Annual Appreciation
2.71%
Original Mortgage
$540,000
Outstanding Balance
$493,497
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$311,301

Purchase Details

Closed on
Mar 26, 2001
Sold by
Michalson Martin H and Michalson Mary L
Bought by
Toppano David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.06%

Purchase Details

Closed on
May 13, 1997
Sold by
Craig Richard L and Craig Carol Anne
Bought by
Michalson Martin H and Michalson Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.14%

Purchase Details

Closed on
Mar 25, 1983
Sold by
Campbell Jr James A and Campbell Lynda L
Bought by
Solberg Perry A and Solberg Marlys
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
Lofgren Kim $720,000 First American Title
Toppano David A $259,000 Transnation Title Insurance
Michalson Martin H $192,500 Chicago Title Insurance Co
Solberg Perry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lofgren Kim $540,000
Previous Owner Toppano David A $200,000
Previous Owner Michalson Martin H $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $720,000 +12.5% $212 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $639,950 -- $188 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $8,808 $747,000 $158,000 $589,000
2023 $8,189 $670,000 $143,000 $527,000
2022 $7,507 $727,000 $138,000 $589,000
2021 $6,946 $584,000 $113,000 $471,000
2020 $6,631 $511,000 $99,000 $412,000
2018 $6,169 $463,000 $86,000 $377,000
2017 $5,062 $418,000 $82,000 $336,000
2016 $4,548 $344,000 $75,000 $269,000
2015 $4,279 $314,000 $70,000 $244,000
2014 -- $292,000 $66,000 $226,000
2013 -- $227,000 $60,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1729913

Northwest Multiple Listing Service (NWMLS)

APN: 200630-0060