NOT LISTED FOR SALE

2509 & 2511 E 42nd St Des Moines, IA 50317

Sheridan Gardens Neighborhood

Estimated Value: $221,000 - $272,000

-- Bed
2 Baths
1,920 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $220,000 $115 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,754/month

40 Days on Market

Highlights

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

About This Home

As of November 2022

Finding a duplex can be a challenge and to find one in this good of condition is even tougher. 2511 is updated and in great shape including a brand new roof, siding and new windows! This unit has great potential. An unfinished basement give your tenants tons of storage. There is plenty of parking in the rear of homes. The South unit 2509 is in good condition with fresh paint. A new owner may choose to do some cosmetic updates but they would not be necessary. This unit is located less than a block from Hoyt Middle School and Brubaker Elementary School. Each unit has its own laundry with 2 bedrooms and 1 full bathroom. The meter is separated and city rental certificates are current. What a great opportunity to invest or even live in one side and rent the other to offset your mortgage. All information obtained from Seller and public records.

Last Agent to Sell the Property

Timothy Scheib

RE/MAX Precision Listed on: 08/10/2022

RE/MAX Precision

Last Buyer's Agent

Timothy Scheib

RE/MAX Precision Listed on: 08/10/2022

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1978

Lot Details

  • 0.28

Parking

  • Driveway

Home Design

  • 1,920 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • 2 Kitchens
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • 2 Full Bathrooms
  • 0.28 Acre Lot
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06004814004000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,862

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 145.83
  • Sp Amt Sq Ft: 114.58
  • Termite: Call Listing Agent
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Cable TV, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 960
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1920
  • Total Sq Ft: 1920

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: 8

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2840
  • Lot S F: 12353
  • Lot Shape: Regular
  • Assessor Parcel Number: 06004814004000
  • Zoning: N3A

Rental Info

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

Tax Info

  • Gross Taxes: 4861.65
  • Net Taxes: 4861.65

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2018
Sold by
Mw Property Llc
Bought by
Moberg Jacqueline
Current Estimated Value
$249,309

Purchase Details

Closed on
Jun 2, 2006
Sold by
Moberg Jackie and Moberg T
Bought by
Mw Properties Llc

Purchase Details

Closed on
Aug 12, 2003
Sold by
Moberg Jacqueline P
Bought by
Moberg Tommy J and Moberg Jacqueline P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,900
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1997
Sold by
Daniels Janet A and Daniels Conley
Bought by
Rush Jacqueline P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,780
Interest Rate
8.12%
Mortgage Type
VA
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
Moberg Jacqueline -- None Available
Mw Properties Llc -- None Available
Moberg Tommy J -- --
Rush Jacqueline P $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Terry L $138,000
Closed Hall Terry L $165,000
Closed Moberg Jacqueline P $88,500
Closed Moberg Jacqueline $85,000
Previous Owner Mw Properties Llc $86,700
Previous Owner Moberg Studio Art Gallery $110,000
Previous Owner Moberg Tommy J $104,900
Previous Owner Rush Jacqueline P $90,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $220,000 -21.4% $115 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/01/2022 09/01/22 Price Changed $280,000 -3.4% $146 / Sq Ft
08/10/2022 08/10/22 For Sale $290,000 -- $151 / 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 $4,528 $230,200 $34,800 $195,400
2023 $4,496 $230,200 $34,800 $195,400
2022 $4,462 $190,800 $29,900 $160,900
2021 $4,298 $190,800 $29,900 $160,900
2020 $4,464 $172,200 $26,800 $145,400
2019 $4,130 $172,200 $26,800 $145,400
2018 $4,088 $153,700 $23,400 $130,300
2017 $3,906 $153,700 $23,400 $130,300
2016 $3,806 $144,400 $21,500 $122,900
2015 $3,806 $144,400 $21,500 $122,900
2014 $3,808 $143,300 $21,000 $122,300
Source: Public Records

Agents Affiliated with this Home

  • Timothy Scheib

    Seller's Agent in 2022

    Timothy Scheib

    RE/MAX

    (515) 313-7103

    3 in this area

    388 Total Sales

    Timothy Scheib
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 658068

Des Moines Area Association of REALTORS®

APN: 060-04814004000

Iowa Polk County Des Moines 50317 Sheridan Gardens

2509 & 2511 E 42nd St, Des Moines, IA

This home is located at 2509 & 2511 E 42nd St, Des Moines, IA 50317 since 10 August 2022 and is currently estimated at $249,309, approximately $129 per square foot. This property was built in 1978. 2509 & 2511 E 42nd St is a home located in Polk County with nearby schools including Brubaker Elementary School, Hoyt 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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