NOT LISTED FOR SALE

Estimated Value: $149,926 - $188,000

-- Bed
2 Baths
1,224 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $92,000 $75 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,112/month

44 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating System
  • Ranch Style House
  • Laundry Room

About This Home

As of September 2018

$550 per side, tenants pay for water, gas/ electric, trash, and maintain lot. 2120 1 year lease expires in January, 2118 will sign a new 1 year lease with new owner. 2120 has updated floorings, fresh paint, new vanity, new stove all in 2018. 2118 is super clean and brand new furnace in 2017.

Last Agent to Sell the Property

Michael Slavin

RE/MAX Precision Listed on: 07/31/2018

Last Buyer's Agent

Tom Casey

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1954

Lot Details

  • 8,448 Sq Ft Lot
  • Lot Dimensions are 66x128

Home Design

  • 1,224 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • 2 Kitchens
  • 2 Full Bathrooms
  • Laundry Room
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 08002245000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $183
  • Gross Income $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,961

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 85.78
  • Sp Amt Sq Ft: 75.16
  • Termite: Call Listing Agent
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1224
  • Kitchens: 2
  • Laundry: Yes
  • Living Area Sq Ft: 1224
  • Total Sq Ft: 1224

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured

Utilities

  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 183

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1940
  • Lot S F: 8448
  • Lot Size: 66X128
  • Assessor Parcel Number: 08002245000000
  • Zoning: Res

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Tenant

Tax Info

  • Gross Taxes: 1960.64
  • Net Taxes: 1960.64

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Rotich Peter
Bought by
Savanna Services Llc
Current Estimated Value
$166,982

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 12, 2018
Sold by
Four Fifty Eight Llc
Bought by
Rotich Peter
Seller's Agent
Michael Slavin
RE/MAX Precision
Buyer's Agent
Tom Casey
Key Realty
List Price
$105,000
Sold Price
$92,000
Premium/Discount to List
-$13,000
-12.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$69,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2016
Closed on
Mar 3, 2017
Sold by
Johnson Dan E and Johnson Danielle
Bought by
Four Fifty Eight Llc
Seller's Agent
Jordan Johnson
RE/MAX Concepts
Buyer's Agent
Michael Slavin
RE/MAX Precision
List Price
$84,900
Sold Price
$74,200
Premium/Discount to List
-$10,700
-12.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%
Original Mortgage
$75,000
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 24, 2008
Sold by
Chase Richard D and Chase Annissa J
Bought by
Johnson Dan E and Johnson Danielle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2003
Sold by
Kelly Michael P and Kelly Susan
Bought by
Chase Richard D and Chase Annissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2001
Sold by
Progressive Property Management
Bought by
Kelly Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,699
Interest Rate
7.06%

Purchase Details

Closed on
Mar 16, 2000
Sold by
Mcewen Walter D and Mcewen Laura I
Bought by
Progressive Property Management

Purchase Details

Closed on
Dec 26, 1999
Sold by
Mcewen Walter D and Mcewen Laura I
Bought by
Walter D & Laura I Mcewen Living Trust

Purchase Details

Closed on
Dec 28, 1998
Sold by
Mcewen Walter D and Mcewen Laura I
Bought by
Progressive Property Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
9%
Source: Public Records

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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
Savanna Services Llc -- None Listed On Document
Rotich Peter $92,000 None Available
Four Fifty Eight Llc $74,200 None Available
Johnson Dan E $67,500 None Available
Chase Richard D $63,500 --
Kelly Michael P $56,500 --
Progressive Property Management $32,500 --
Walter D & Laura I Mcewen Living Trust -- --
Progressive Property Management $33,000 --
Mcewen Walter D $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rotich Peter $69,000
Previous Owner Four Fifty Eight Llc $75,000
Previous Owner Johnson Dan E $53,700
Previous Owner Johnson Dan E $54,400
Previous Owner Chase Richard D $57,600
Previous Owner Kelly Michael P $40,699
Previous Owner Progressive Property Management $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $92,000 -12.4% $75 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $105,000 +41.5% $86 / Sq Ft
03/06/2017 03/06/17 Sold $74,200 -12.6% $61 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
04/14/2016 04/14/16 For Sale $84,900 -- $69 / 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 $2,184 $111,000 $13,700 $97,300
2023 $2,004 $111,000 $13,700 $97,300
2022 $1,988 $85,000 $10,900 $74,100
2021 $1,904 $85,000 $10,900 $74,100
2020 $1,978 $76,300 $9,900 $66,400
2019 $1,980 $76,300 $9,900 $66,400
2018 $1,960 $73,700 $9,300 $64,400
2017 $2,116 $73,700 $9,300 $64,400
2016 $2,060 $78,200 $8,700 $69,500
2015 $2,060 $78,200 $8,700 $69,500
2014 $2,232 $84,000 $9,200 $74,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 566460

Des Moines Area Association of REALTORS®

APN: 080-02245000000