NOT LISTED FOR SALE

Estimated Value: $219,000 - $253,000

-- Bed
3 Baths
1,326 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $200,000 $151 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,603/month

65 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Tile Flooring
  • Ranch Style House
  • Laundry Room
  • 4-minute walk to Franklin Park

About This Home

As of December 2022

Here is your opportunity to own a great investment in Des Moines. This brick duplex has 2 separate units plus a 2 car detached garage. One unit has 2 bedrooms and 1 full and 1 3/4 bathroom. The other unit has 2 bedrooms with 1 full and 1 half bathroom. Both units have a nice setup with a bedroom and bathroom on each floor. You'll get plenty of natural light in the nice open living room that leads into the kitchen plus ample storage in the basement. Close to many amenities including shopping, restaurants, and easy access to the interstate and downtown. All information obtained from seller and public records.

Last Agent to Sell the Property

Ellen Fitzpatrick

Ellen Fitzpatrick Real Estate Listed on: 09/13/2022

Last Buyer's Agent

Darson Grantham

Keller Williams Realty GDM

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,408

Year Built

  • Built in 1950

Lot Details

  • 5,209 Sq Ft Lot
  • Lot Dimensions are 52.1x100

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 3 Bathrooms
  • 1,326 Sq Ft Home
  • Finished Basement
  • Basement Window Egress
  • Laundry Room

Kitchen

  • 2 Kitchens
  • Stove

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10002088001000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,408

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex, Ranch
  • Lp Amt Sq Ft: 181.00
  • Sp Amt Sq Ft: 150.83
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Tile Floors, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Partial Bath Total: 1
  • Basement Description: Egress Windows, Finished, Unfinished
  • Sq Ft Bsmt: 1326
  • Sq Ft Fin Bsmt: 340
  • Kitchens: 2
  • Laundry: Yes
  • Half Bathrooms: 1
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1326
  • Partial Bathrooms: 1
  • Total Sq Ft: 1326

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • 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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1200
  • Lot S F: 5209
  • Lot Size: 52.1X100
  • Assessor Parcel Number: 10002088001000
  • Zoning: N3B

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Tenant, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 3408.00
  • Net Taxes: 3408.00

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 13, 2022
Closed on
Dec 5, 2022
Sold by
Midwest Solutions Llc
Bought by
Chesnut Collin
Seller's Agent
Ellen Fitzpatrick
Ellen Fitzpatrick Real Estate
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$255,000
Sold Price
$200,000
Premium/Discount to List
-$55,000
-21.57%
Views
48
Current Estimated Value
$236,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,440
Avg. Annual Appreciation
6.11%
Original Mortgage
$180,000
Outstanding Balance
$175,592
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$59,262
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
Chesnut Collin $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chesnut Collin $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $200,000 -16.7% $151 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/11/2022 10/11/22 Price Changed $240,000 -5.9% $181 / Sq Ft
09/13/2022 09/13/22 For Sale $255,000 -- $192 / 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 $4,176 $212,300 $36,300 $176,000
2023 $3,434 $212,300 $36,300 $176,000
2022 $3,408 $145,700 $30,900 $114,800
2021 $3,230 $145,700 $30,900 $114,800
2020 $3,354 $129,400 $27,300 $102,100
2019 $3,208 $129,400 $27,300 $102,100
2018 $3,176 $119,400 $24,600 $94,800
2017 $2,976 $119,400 $24,600 $94,800
2016 $2,898 $110,000 $22,300 $87,700
2015 $2,898 $110,000 $22,300 $87,700
2014 $2,552 $103,500 $20,600 $82,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 660053

Des Moines Area Association of REALTORS®

APN: 100-02088001000