NOT LISTED FOR SALE

236 Franklin Ave Des Moines, IA 50314

River Bend Neighborhood

Estimated Value: $200,761 - $222,000

-- Bed
2 Baths
858 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $185,000 $216 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,311/month

11 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of November 2022

Fantastic remodeled duplex fully rented! Kitchens and baths have been updated. New driveway and tons of parking with newer black top in the rear of the property. Newer roof. Recently painted interior. Vinyl siding and vinyl windows complete this easy maintenance investment property. All the works been done!

Last Agent to Sell the Property

Melanee Stanbrough

Iowa Realty Mills Crossing Listed on: 09/12/2022

Iowa Realty Mills Crossing

Last Buyer's Agent

Katie Bloom

LPT Realty, LLC

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1969

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • 858 Sq Ft Home
  • Duplex
  • Block Foundation
  • Vinyl Siding

Kitchen

  • 2 Kitchens
  • Stove

Additional Features

  • 2 Full Bathrooms
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Finished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 08002285000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,635

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 215.62
  • Sp Amt Sq Ft: 215.62
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Finished
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 858
  • Total Sq Ft: 858

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Lot Info

  • Acres: 0.1720
  • Lot S F: 7500
  • Lot Size: 50X150
  • Assessor Parcel Number: 08002285000000
  • Zoning: N5

Rental Info

  • Deposit: Yes

Tax Info

  • Gross Taxes: 2635.00
  • Net Taxes: 2635.00

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 12, 2022
Closed on
Nov 16, 2022
Sold by
Urban Bull Capital Llc
Bought by
Lopez Aaron
Seller's Agent
Melanee Stanbrough
Iowa Realty Mills Crossing
Buyer's Agent
Katie Bloom
LPT Realty, LLC
List Price
$185,000
Sold Price
$185,000
Views
5
Current Estimated Value
$209,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,190
Avg. Annual Appreciation
4.11%
Original Mortgage
$189,255
Outstanding Balance
$183,338
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$25,852

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 22, 2021
Sold by
2Pars Llc
Bought by
Urban Bull Capital Llc
Seller's Agent
Matthew Parmenter
Keller Williams Realty GDM
Buyer's Agent
Melanee Stanbrough
Iowa Realty Mills Crossing
List Price
$180,000
Sold Price
$168,000
Premium/Discount to List
-$12,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$135,000
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 12, 2020
Sold by
Mcclish Todd M and Mcclish Selena E
Bought by
2Pars Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,986,300
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lopez Aaron $185,000 --
Urban Bull Capital Llc $168,000 None Listed On Document
2Pars Llc $2,207,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Aaron $189,255
Previous Owner Urban Bull Capital Llc $135,000
Previous Owner 2Pars Llc $1,986,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2022 11/18/22 Sold $185,000 0.0% $216 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $185,000 +10.1% $216 / Sq Ft
11/23/2021 11/23/21 Sold $168,000 -1.2% $196 / Sq Ft View Prior Sale
11/23/2021 11/23/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $170,000 -5.6% $198 / Sq Ft
10/08/2021 10/08/21 For Sale $180,000 -- $210 / 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 $2,534 $193,800 $16,600 $177,200
2024 $2,534 $167,300 $14,300 $153,000
2023 $2,436 $147,900 $14,300 $133,600
2022 $2,418 $103,400 $11,900 $91,500
2021 $2,288 $103,400 $11,900 $91,500
2020 $2,378 $91,700 $10,400 $81,300
2019 $2,266 $91,700 $10,400 $81,300
2018 $2,242 $84,300 $9,400 $74,900
2017 $2,308 $84,300 $9,400 $74,900
2016 $2,248 $85,300 $8,800 $76,500
2015 $2,248 $85,300 $8,800 $76,500
2014 $2,044 $83,200 $8,500 $74,700
Source: Public Records

Agents Affiliated with this Home

  • Melanee Stanbrough

    Seller's Agent in 2022

    Melanee Stanbrough

    Iowa Realty Mills Crossing

    (515) 707-8300

    2 in this area

    119 Total Sales

    Melanee Stanbrough
    Section Image
  • Katie Bloom

    Buyer's Agent in 2022

    Katie Bloom

    LPT Realty, LLC

    (515) 360-1292

    1 in this area

    82 Total Sales

    Katie Bloom
    Section Image

  • M

    Seller's Agent in 2021

    Matthew Parmenter

    Keller Williams Realty GDM

    (515) 321-4810

    1 in this area

    22 Total Sales

    Matthew Parmenter
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 660004

Des Moines Area Association of REALTORS®

APN: 080-02285000000

Iowa Polk County Des Moines 50314 River Bend

236 Franklin Ave, Des Moines, IA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes