Listed by Real Broker LLC, Bought with Columbia Partners Real Estate
NOT LISTED FOR SALE

Estimated Value: $720,000 - $934,000

4 Beds
2 Baths
3,040 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $575,000 $189 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,155/month

61 Days on Market

Highlights

  • Deck
  • Wood Siding
  • Wall to Wall Carpet
  • Partially Fenced Property

About This Home

As of July 2018

Large, Open concept side-by-side townhouse style duplex with 2+ brdm /1.75 bath units make this Des Moines duplex a good buy for your owner occupant buyer or investor. Vaulted ceilings, large windows, and upper loft (3rd bdrm?) make these units live large. 2 car garages with utility and storage, fireplaces, front and back decks are only the beginning. Well maintained with long term tenants. Close to Dwntwn Des Moines, future light Rail stop, & I5 corridor

Last Agent to Sell the Property

Kurt Kreager

Real Broker LLC License #21032790 Listed on: 03/21/2018

Real Broker LLC

Last Buyer's Agent

Tony Rossman

Columbia Partners Real Estate License #113747

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1259925

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,866

Year Built

  • Built in 1980

Lot Details

  • 7,200 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,040 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • Natural Gas Connected

Community Details

  • Des Moines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2006300020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,866

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: 3040
  • Special Features: None
  • Cumulative Days on Market: 405

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

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
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Des Moines Midway
  • WaterCompany: Highline water
  • WaterSewerGarbage: 1712

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 2006300020
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2985

Multi Family

  • Gross Scheduled Income: 35820
  • Number Of Units Total: 2
  • Insurance Expense: 952
  • Leasable Area: 2540
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 2

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4866

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jun 19, 2018
Sold by
Tosaris Elizabeth
Bought by
Kelley Benjamin and Kelley Amanda
Seller's Agent
Kurt Kreager
Real Broker LLC
Buyer's Agent
Tony Rossman
Columbia Partners Real Estate
List Price
$566,000
Sold Price
$575,000
Premium/Discount to List
$9,000
1.59%
Current Estimated Value
$816,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,071
Avg. Annual Appreciation
5.15%
Original Mortgage
$424,900
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2015
Sold by
Tosaris Eric and Tosaris Elizabeth
Bought by
Autumn Trust and Tosaris Elizabeth

Purchase Details

Closed on
Jul 22, 2005
Sold by
Semick James W and Semick Mary Ann
Bought by
Tosaris Eric and Tosaris Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 27, 2004
Sold by
Semick James and Semick Mary Ann
Bought by
Semick James and Semick Mary Ann

Purchase Details

Closed on
Nov 14, 2002
Sold by
Ayers Aaron T and Ayers Lora L
Bought by
Semick James and Semick Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
5.95%

Purchase Details

Closed on
Oct 4, 2000
Sold by
Nielsen Richard W and Nielsen Catherine R
Bought by
Ayers Aaron T and Ayers Lora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,861
Interest Rate
8.01%
Mortgage Type
FHA

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
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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
Kelley Benjamin $575,000 First American Title
Autumn Trust -- None Available
Tosaris Eric $406,000 Chicago Title
Semick James -- --
Semick James $318,000 Stewart Title
Ayers Aaron T $248,000 Fidelity National Title
Solberg Perry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kelley Benjamin R $0
Open Kelley Benjamin R $443,600
Closed Kelley Benjamin R $431,250
Closed Kelley Benjamin $424,900
Previous Owner Tosaris Eric $298,000
Previous Owner Tosaris Eric $314,000
Previous Owner Semick James $206,000
Previous Owner Ayers Aaron T $244,861
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $575,000 +1.6% $189 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $566,000 0.0% $186 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $566,000 0.0% $186 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $566,000 -- $186 / 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 $8,494 $721,000 $158,000 $563,000
2023 $7,920 $647,000 $143,000 $504,000
2022 $7,237 $702,000 $138,000 $564,000
2021 $6,699 $562,000 $113,000 $449,000
2020 $6,387 $492,000 $99,000 $393,000
2018 $5,929 $444,000 $86,000 $358,000
2017 $4,866 $401,000 $82,000 $319,000
2016 $4,369 $330,000 $75,000 $255,000
2015 $4,111 $301,000 $70,000 $231,000
2014 -- $280,000 $66,000 $214,000
2013 -- $218,000 $60,000 $158,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1259925

Northwest Multiple Listing Service (NWMLS)

APN: 200630-0020