NOT LISTED FOR SALE

216 & 218 4th St NW Altoona, IA 50009

Estimated Value: $365,000 - $386,000

-- Bed
2 Baths
2,343 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $260,000 $111 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,437/month

67 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Forced Air Heating System
  • Altoona Elementary School Rated A-
  • No HOA
  • Carpet

About This Home

As of June 2020

Investor alert! Ranch duplex in a great location right off First St in Altoona. All are currently rented and there are a total of 5 units available for sale. Spacious units with sliders off kitchen and a nice backyard area. Each has an attached 2 car garage. Quick access to town or interstate. All information obtained from Seller and public records. All information obtained by Seller and public records.

Last Agent to Sell the Property

Joleen Roskamp

RE/MAX Precision Listed on: 03/23/2020

RE/MAX Precision

Last Buyer's Agent

Joleen Roskamp

RE/MAX Precision Listed on: 03/23/2020

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,865

Year Built

  • Built in 2002

Lot Details

  • 0.28

Home Design

  • 2,343 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • 2 Kitchens
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Car Attached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • 2 Full Bathrooms
  • Laundry on main level
  • 0.28 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 17100511040025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,865

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 119.50
  • Sp Amt Sq Ft: 110.97
  • Termite: Call Listing Agent
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Basement Description: Slab
  • Kitchens: 2
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 2343
  • Total Sq Ft: 2343

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 4 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Electric Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southeast Polk

Lot Info

  • Acres: 0.2750
  • Lot S F: 11985
  • Lot Shape: Regular
  • Assessor Parcel Number: 17100511040025
  • Zoning: R-2

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Insurance Landlord, Taxes Owner

Tax Info

  • Gross Taxes: 4865.27
  • Net Taxes: 4865.27
  • Tax Year: 2020

MLS Schools

  • School District: Southeast Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 26, 2020
Sold by
Stone Prairie Plex Llc
Bought by
Opp Ryan and Opp Lyndsey
Seller's Agent
Joleen Roskamp
RE/MAX Precision
Buyer's Agent
Joleen Roskamp
RE/MAX Precision
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%
Current Estimated Value
$375,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,131
Avg. Annual Appreciation
7.07%
Original Mortgage
$2,000,000
Outstanding Balance
$1,772,277
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$1,397,146

Purchase Details

Closed on
Sep 21, 2010
Sold by
Stone Prairie Plex Llc
Bought by
Jansen Bryan L and Jansen Susan D

Purchase Details

Closed on
Dec 28, 2007
Sold by
Jansen Bryan L and Jansen Susan D
Bought by
Stone Prairie Plex Llc

Purchase Details

Closed on
Sep 28, 2007
Sold by
Mcmains Jerry and Mcmains Darci
Bought by
Jansen Bryan L and Jansen Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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
Opp Ryan $1,300,000 None Available
Jansen Bryan L -- None Available
Stone Prairie Plex Llc -- None Available
Jansen Bryan L $222,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opp Ryan $2,000,000
Previous Owner Jansen Bryan L $178,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2020 06/01/20 Sold $260,000 -7.1% $111 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $280,000 -- $120 / 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
2025 $5,636 $347,400 $82,900 $264,500
2024 $5,636 $327,200 $76,200 $251,000
2023 $5,454 $327,200 $76,200 $251,000
2022 $5,386 $267,300 $66,200 $201,100
2021 $5,018 $267,300 $66,200 $201,100
2020 $4,936 $237,000 $58,400 $178,600
2019 $4,778 $237,000 $58,400 $178,600
2018 $4,786 $225,200 $54,400 $170,800
2017 $5,126 $225,200 $54,400 $170,800
2016 $5,116 $218,600 $51,900 $166,700
2015 $5,116 $218,600 $51,900 $166,700
2014 $4,928 $208,400 $49,300 $159,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 601736

Des Moines Area Association of REALTORS®

APN: 171-00511040025