$168,000
SOLD NOV 23, 2021
-- Bed
2 Baths
858 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

7% Below List Price

Highlights

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

About This Home

As of November 2022

Priced to Sell! Come take a look at this great investment opportunity. New roof and blacktop.

Last Agent to Sell the Property

Matthew Parmenter

Keller Williams Realty GDM Listed on: 10/08/2021

Keller Williams Realty GDM

Last Buyer's Agent

Melanee Stanbrough

Iowa Realty Mills Crossing

Iowa Realty Mills Crossing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1969

Lot Details

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

Home Design

  • 858 Sq Ft Home
  • Split Foyer
  • Block Foundation
  • Vinyl Siding

Additional Features

  • 2 Kitchens
  • 2 Full Bathrooms
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 08002285000000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $50
  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,746

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Split Foyer
  • Lp Amt Sq Ft: 198.14
  • Sp Amt Sq Ft: 195.80
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Sq Ft Bsmt: 858
  • Sq Ft Fin Bsmt: 800
  • Kitchens: 2
  • Laundry: No
  • Storage: No
  • Living Area Sq Ft: 858
  • Total Sq Ft: 858

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Paved: Yes

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 50

Schools

  • School District: Des Moines Independent

Lot Info

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

Rental Info

  • Deposit: No
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Misc Exp Landlord, Water Tenant

Tax Info

  • Gross Taxes: 2746.00
  • Net Taxes: 2746.00
  • Tax Year: 2021

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
$203,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,875
Avg. Annual Appreciation
4.82%
Original Mortgage
$189,255
Outstanding Balance
$184,441
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$27,003

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:

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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 Type Sale Price Title Company
Warranty Deed $185,000 --
Warranty Deed $168,000 None Available
Warranty Deed $2,207,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $189,255 Balloon
Previous Owner $135,000 Future Advance Clause Open End Mortgage
Previous Owner $1,986,300 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 639236

Des Moines Area Association of REALTORS®

APN: 080-02285000000