NOT LISTED FOR SALE

204 Forest St Polk City, IA 50226

Estimated Value: $258,000 - $326,000

4 Beds
1 Bath
1,008 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $275,000 $273 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,925/month

4 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • North Polk West Elementary School Rated A-
  • Laundry Room
  • Carpet

About This Home

As of May 2024

Nestled in the heart of Polk City, this extraordinary duplex is a true find! Boasting two spacious 2-bedroom, 1-bathroom units, this property offers versatility and investment potential. Fresh interior paint, new flooring and new roof. Each unit has separate driveway and backyard space. One unit includes a two car garage. Whether you're an investor looking for a steady income stream or a homeowner seeking a versatile living arrangement, this duplex presents an opportunity that should not be missed. All information obtained from seller and public records.

Last Agent to Sell the Property

Paula Swenson

RE/MAX Precision Listed on: 04/18/2024

RE/MAX Precision

Last Buyer's Agent

Jill Miller

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,544

Year Built

  • Built in 1979

Lot Details

  • 0.41

Home Design

  • Duplex
  • Split Foyer
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Full Bathroom
  • 1,008 Sq Ft Home
  • Walk-Out Basement

Kitchen

  • 2 Kitchens
  • Stove

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • 0.41 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 26100208211000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,544

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex, Split Foyer
  • Lp Amt Sq Ft: 248.02
  • Sp Amt Sq Ft: 272.82
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Walkout
  • Sq Ft Bsmt: 1008
  • Sq Ft Fin Bsmt: 1008
  • Kitchens: 2
  • Laundry: Yes
  • Storage: No
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1008
  • Total Sq Ft: 1008

Exterior Features

  • Exterior: Cement Board
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Sidewalk: y
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: North Polk

Lot Info

  • Acres: 0.4120
  • Lot S F: 17950
  • Assessor Parcel Number: 26100208211000
  • Zoning: R2

Rental Info

  • Furnished: No

Tax Info

  • Gross Taxes: 4544.00
  • Net Taxes: 4544.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: North Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 13, 2024
Sold by
Adamson Nathan J
Bought by
Dsmooers Llc
Seller's Agent
Paula Swenson
RE/MAX Precision
Buyer's Agent
Jill Miller
RE/MAX Precision
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%
Views
12
Current Estimated Value
$281,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,222
Avg. Annual Appreciation
-2.37%

Purchase Details

Closed on
Nov 26, 2019
Sold by
Adamson Jennifer and Adamson Nathan J
Bought by
Adamson Nathan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2014
Sold by
Adamson Sheila A and Adamson Dennis J
Bought by
Adamson Nathan and Adamson Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,700
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
Mahoney Dennis J and Mahoney Margaret Elizabeth
Bought by
Adamson Sheila A

Purchase Details

Closed on
Feb 29, 2012
Sold by
Adamson Sheila A
Bought by
Adamson Sheila A and Adamson Dennis J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dsmooers Llc $275,000 None Listed On Document
Adamson Nathan J -- None Available
Adamson Nathan $137,000 None Available
Adamson Sheila A $99,500 None Available
Adamson Sheila A -- None Available
Mahoney Dennis J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adamson Nathan J $120,000
Previous Owner Adamson Nathan $102,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $275,000 +10.0% $273 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $250,000 -- $248 / 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 $4,752 $256,200 $58,000 $198,200
2023 $4,544 $256,200 $58,000 $198,200
2022 $4,486 $206,700 $49,800 $156,900
2021 $4,186 $206,700 $49,800 $156,900
2020 $4,110 $187,200 $44,900 $142,300
2019 $3,840 $187,200 $44,900 $142,300
2018 $3,798 $168,800 $40,000 $128,800
2017 $3,410 $168,800 $40,000 $128,800
2016 $3,348 $154,500 $36,100 $118,400
2015 $3,348 $154,500 $36,100 $118,400
2014 $3,160 $141,900 $33,100 $108,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 693617

Des Moines Area Association of REALTORS®

APN: 261-00208211000