NOT LISTED FOR SALE

Estimated Value: $799,000 - $936,000

4 Beds
4 Baths
2,520 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $235,000 $93 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $5,263/month

124 Days on Market

Highlights

  • High Speed Internet
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of May 2012

Opportunity knocks! Here's a chance to to pick up an excellent investment opportunity! Attractive 4 plex in Des Moines! Live in one side while renting out the rest. 2 bedroom, 1 bath per unit w fireplace, upper units have decks, lower units patios. Plenty of parking, Excellent location, minutes between shopping, freeways, and bus line. All appliances stay.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,216

Year Built

  • Built in 1977

Lot Details

  • 8,550

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 2-Story Property
  • 8,550 Sq Ft Lot

Community Details

  • Des Moines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2724200765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,216

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SOCComments: Sea Agent Remarks.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric

Schools

  • Junior High Dist: Highline

Lot Info

  • Parcel Number: 2724200765
  • Lot Size Acres: 0.1963
  • Lot Size Sq Ft: 8550
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2950

Tax Info

  • Year: 2011
  • Tax Annual Amount: 4216

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2015
Sold by
Stoll Thomas Christian and Chi Fred
Bought by
Dimension Townhouses Llc
Current Estimated Value
$881,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$272,718
Interest Rate
3.61%
Estimated Equity
$608,282

Purchase Details

Closed on
Oct 4, 2012
Sold by
Chabra Shilpi
Bought by
Patel Ashit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.52%

Purchase Details

Listed on
Dec 8, 2011
Closed on
May 1, 2012
Sold by
Vongthasene Bob and Vongthasene Thoumthong
Bought by
Stoll Thomas and Chi Fred
List Price
$300,000
Sold Price
$235,000
Premium/Discount to List
-$65,000
-21.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$195,520
Interest Rate
4.05%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Hansen Robert L and Hansen Molly E
Bought by
Vongthasene Bob and Vongthasene Toumthong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,450
Interest Rate
6.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dimension Townhouses Llc $350,000 Chicago Title
Patel Ashit -- First American
Stoll Thomas $235,000 Wfg National Title Company
Vongthasene Bob $193,500 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimension Townhouses Llc $357,000
Previous Owner Patel Ashit $168,000
Previous Owner Stoll Thomas $195,520
Previous Owner Vongthasene Bob $164,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2012 05/04/12 Sold $235,000 -21.7% $93 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $300,000 -- $119 / 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 $7,718 $655,000 $240,000 $415,000
2023 $9,033 $797,800 $180,000 $617,800
2022 $9,147 $801,000 $140,000 $661,000
2021 $8,609 $714,000 $120,000 $594,000
2020 $7,687 $636,000 $120,000 $516,000
2018 $5,242 $465,000 $119,700 $345,300
2017 $4,857 $350,000 $102,600 $247,400
2016 $4,702 $327,000 $68,400 $258,600
2015 -- $323,000 $59,800 $263,200
2014 -- $288,000 $59,800 $228,200
2013 -- $275,000 $59,800 $215,200
Source: Public Records

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 301499

Northwest Multiple Listing Service (NWMLS)

APN: 272420-0765