Seller's Agent in 2024
Natasha Ratliff
Epique Realty
(515) 943-0219
2 in this area
85 Total Sales
23/25 E Porter Ave Des Moines, IA 50320
South Central DSM NeighborhoodEstimated Value: $276,000 - $305,000
--
Bed
2
Baths
2,052
Sq Ft
$141/Sq Ft
Est. Value
Highlights
- 2 Kitchens
- Laundry Room
- Forced Air Heating and Cooling System
- No HOA
About This Home
As of November 2024Great duplex investment opportunity available that's fully leased if you are interested in an income generating property or the lease on the 3 bedroom is expiring next month - so you can live on one side and have income from the 2 br unit to help with the mortgage! Rental certificate in place, 2 new Central Air Units recently replaced, and it includes a dry basement on each side for plenty of storage and laundry. Laundry unit for the 3 br is owned by the tenants and the 2 br has laundry included that remains with the unit. Tenants pay their own utilities and their own snow removal and lawn care. One side has 2 bedrooms with 1.5 baths while the other side has 3 bedrooms with 1.5 baths. Within the last 4 years the 3 bedroom unit had the following updates- newer kitchen cabinets, counters and back splash, and the 2 br unit had newer carpet and paint. The backyard is mostly fenced with a shed. Contact us today for a showing - all showings must be requested 24 hrs in advance and wait for confirmation from the agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,942
Year Built
- Built in 1978
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 110x141
Parking
- Driveway
Home Design
- 2,052 Sq Ft Home
- Duplex
- Asphalt Shingled Roof
- Cement Board or Planked
Kitchen
- 2 Kitchens
- Stove
- Cooktop
- Microwave
Additional Features
- Laundry Room
- Forced Air Heating and Cooling System
- Unfinished Basement
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 12005090001000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2024
Closed on
Nov 8, 2024
Sold by
Young Karisha
Bought by
Schemmel Rachel and Nerud Nixon
Seller's Agent
Natasha Ratliff
Epique Realty
Buyer's Agent
Mike clark
RE/MAX Concepts
List Price
$299,000
Sold Price
$279,000
Premium/Discount to List
-$20,000
-6.69%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,730
Avg. Annual Appreciation
3.38%
Original Mortgage
$209,250
Outstanding Balance
$206,680
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$82,050
Purchase Details
Closed on
Sep 2, 2020
Sold by
Kyser Jason and Kyser Kassey
Bought by
Young Karisha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 13, 2013
Sold by
Kyser Christine
Bought by
Kyser Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,300
Interest Rate
4.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 11, 2011
Sold by
Swenson Donald N and Swenson Constance F
Bought by
Kyser Jason and Kyser Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 2000
Sold by
Swenson Donald N and Swenson Constance F
Bought by
Kyser Jason and Kyser Christine
Purchase Details
Closed on
Jun 1, 1999
Sold by
Swenson Donald N and Swenson Constance F
Bought by
Swenson Donald N and Swenson Constance F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schemmel Rachel | $279,000 | None Listed On Document | |
| Schemmel Rachel | $279,000 | None Listed On Document | |
| Young Karisha | $215,000 | None Available | |
| Kyser Jason | -- | None Available | |
| Kyser Jason | $90,500 | None Available | |
| Kyser Jason | $90,750 | -- | |
| Swenson Donald N | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schemmel Rachel | $209,250 | |
| Closed | Schemmel Rachel | $209,250 | |
| Previous Owner | Young Karisha | $211,105 | |
| Previous Owner | Kyser Jason | $74,300 | |
| Previous Owner | Kyser Jason | $72,500 | |
| Closed | Kyser Jason | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2024 11/13/24 | Sold | $279,000 | -2.4% | $136 / Sq Ft |
| 10/18/2024 10/18/24 | Pending | -- | -- | -- |
| 10/01/2024 10/01/24 | Price Changed | $286,000 | -3.1% | $139 / Sq Ft |
| 09/08/2024 09/08/24 | Price Changed | $295,000 | -1.3% | $144 / Sq Ft |
| 08/23/2024 08/23/24 | For Sale | $299,000 | -- | $146 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $4,942 | $282,000 | $42,400 | $239,600 |
| 2024 | $4,942 | $251,200 | $37,200 | $214,000 |
| 2023 | $4,612 | $251,200 | $37,200 | $214,000 |
| 2022 | $4,578 | $195,700 | $30,500 | $165,200 |
| 2021 | $4,310 | $195,700 | $30,500 | $165,200 |
| 2020 | $4,478 | $172,700 | $26,800 | $145,900 |
| 2019 | $4,182 | $172,700 | $26,800 | $145,900 |
| 2018 | $4,140 | $155,600 | $23,600 | $132,000 |
| 2017 | $3,892 | $155,600 | $23,600 | $132,000 |
| 2016 | $3,792 | $143,900 | $21,400 | $122,500 |
| 2015 | $3,792 | $143,900 | $21,400 | $122,500 |
| 2014 | $3,632 | $141,800 | $20,700 | $121,100 |
Source: Public Records
Agents Affiliated with this Home
-
Natasha Ratliff
-
Kenneth Ratliff
K
Seller Co-Listing Agent in 2024
Kenneth Ratliff
Epique Realty
(515) 318-3162
2 in this area
32 Total Sales
-
Mike clark
Buyer's Agent in 2024
Mike clark
RE/MAX
(515) 577-4850
4 in this area
42 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 701610
APN: 120-05090001000
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