NOT LISTED FOR SALE

2448 Garfield Ave Des Moines, IA 50317

Accent Neighborhood

Estimated Value: $130,086 - $176,000

-- Bed
2 Baths
736 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 17, 2019

Last sale price $75,000 $102 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $963/month

74 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating System
  • Ranch Style House
  • Shades
  • Carpet

About This Home

As of April 2019

Calling all Investors! TWO for the price of ONE This deal comes with 2 separate homes that offer one bedroom and one bath. Refrigerators and stoves are included. Homes have concrete drives and 2 off street parking spots. This location is on the NE side of Des Moines making it an easy commute to downtown with just a few blocks to the bus line. You can also make this a package with the 3 plex on adjoining lot at 1320 E. 25th mls: 575631.

Last Agent to Sell the Property

Pennie Carroll

Pennie Carroll & Associates Listed on: 01/24/2019

Last Buyer's Agent

Matthew Posusta

515 Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1914

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x140

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2 Full Bathrooms
  • 736 Sq Ft Home
  • Shades
  • Fire and Smoke Detector

Kitchen

  • 2 Kitchens
  • Stove

Flooring

  • Carpet
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 06000070000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Renters Warehouse Association

Building Details

  • Gross Income $1,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,516

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 108.70
  • Sp Amt Sq Ft: 101.90
  • Termite: Call Listing Agent
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Shades/Shutters, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Slab
  • Kitchens: 2
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 736
  • Total Sq Ft: 736

Exterior Features

  • Exterior: Frame, Metal Siding
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Association/Amenities

  • Management Firm: Renters Warehouse

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1610
  • Lot S F: 7000
  • Lot Size: 50X140
  • Assessor Parcel Number: 06000070000000
  • Zoning: R1-60

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Misc Exp Landlord, Water Owner

Tax Info

  • Gross Taxes: 1516.00
  • Net Taxes: 1516.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Apr 17, 2019
Sold by
Dm Homes Llc
Bought by
Jrtt Llc
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Matthew Posusta
515 Realty Company
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Current Estimated Value
$153,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,022
Avg. Annual Appreciation
11.62%
Original Mortgage
$171,000
Outstanding Balance
$134,358
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$17,080

Purchase Details

Closed on
Jan 15, 2003
Sold by
Ussery Pamela J
Bought by
Diversified Management Associates Ltd

Purchase Details

Closed on
Jan 9, 2002
Sold by
Vandam Marvin and Vandam Bonnie
Bought by
Ussery Pamela J
Source: Public Records

Range of Values:

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Average Value
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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
Jrtt Llc $150,000 None Available
Diversified Management Associates Ltd $124,500 --
Ussery Pamela J $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jrtt Llc $171,000
Previous Owner Diversified Management Associates Ltd $140,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2019 04/17/19 Sold $75,000 -6.3% $102 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $80,000 -- $109 / 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 $1,614 $82,000 $23,700 $58,300
2023 $1,614 $82,000 $23,700 $58,300
2022 $1,602 $68,500 $19,700 $48,800
2021 $1,552 $68,500 $19,700 $48,800
2020 $1,612 $62,200 $18,000 $44,200
2019 $1,496 $62,200 $18,000 $44,200
2018 $1,482 $55,700 $15,900 $39,800
2017 $1,634 $55,700 $15,900 $39,800
2016 $1,592 $60,400 $15,000 $45,400
2015 $1,592 $60,400 $15,000 $45,400
2014 $1,440 $56,200 $13,900 $42,300
Source: Public Records

Agents Affiliated with this Home

  • Pennie Carroll

    Seller's Agent in 2019

    Pennie Carroll

    Pennie Carroll & Associates

    (515) 490-8025

    26 in this area

    1,258 Total Sales

    Pennie Carroll
    Section Image
  • Matthew Posusta

    Buyer's Agent in 2019

    Matthew Posusta

    515 Realty Company

    (515) 777-0665

    14 Total Sales

    Matthew Posusta
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 575619

Des Moines Area Association of REALTORS®

APN: 060-00070000000

Iowa Polk County Des Moines 50317 Accent

2448 Garfield Ave, Des Moines, IA

This home is located at 2448 Garfield Ave, Des Moines, IA 50317 since 24 January 2019 and is currently estimated at $153,022, approximately $207 per square foot. This property was built in 1914. 2448 Garfield Ave is a home located in Polk County with nearby schools including Phillips Elementary, Hiatt Middle School, and East High School.

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.

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