NOT LISTED FOR SALE

Estimated Value: $261,000 - $277,000

-- Bed
1 Bath
1,920 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 10, 2022

Last sale price $238,000 $124 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,799/month

7 Days on Market

Highlights

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

About This Home

As of October 2022

Great income property in central Des Moines neighborhood. Two 2-bedroom, 1 bath units. Currently occupied by long term tenants. Each side currently renting for $825/mo. All information obtained from seller and public records.

Last Agent to Sell the Property

Sara Hopkins

RE/MAX Precision Listed on: 09/06/2022

RE/MAX Precision

Co-Listed By

Katey Farrell

RE/MAX Precision

Last Buyer's Agent

John Brummett

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 1977

Lot Details

  • 0.25

Parking

  • Driveway

Home Design

  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Full Bathroom
  • 1,920 Sq Ft Home
  • 2-Story Property
  • 2 Kitchens
  • Laundry Room
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10003898000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,504

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 125.00
  • Sp Amt Sq Ft: 123.96
  • Termite: Follow Showing Instructions
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Living Area Sq Ft: 1920
  • Total Sq Ft: 1920

Exterior Features

  • Exterior: Cement Board
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: Two driveways

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 2

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Assessor Parcel Number: 10003898000000
  • Zoning: N3B

Rental Info

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

Tax Info

  • Gross Taxes: 4504.00
  • Net Taxes: 4504.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2019
Sold by
Klnn 2616 Llc
Bought by
Ehrhardt Richard W and Ehrhardt Sandra L
Current Estimated Value
$270,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Outstanding Balance
$83,559
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$186,876

Purchase Details

Closed on
Jan 26, 2017
Sold by
Krajcir Robert and Krajcir Joanne L
Bought by
Klnn 2616 Llc

Purchase Details

Closed on
Apr 14, 2004
Sold by
Erickson Family Lc
Bought by
Krajcir Robert and Krajcir Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,936
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ehrhardt Richard W $165,000 None Available
Klnn 2616 Llc $145,000 None Available
Krajcir Robert $129,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehrhardt Richard W $123,750
Previous Owner Krajcir Robert $64,936
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2022 10/10/22 Sold $238,000 -0.8% $124 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $239,999 -- $125 / 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 $4,496 $272,700 $53,300 $219,400
2024 $4,496 $242,300 $46,500 $195,800
2023 $4,496 $228,500 $46,500 $182,000
2022 $4,462 $190,800 $40,400 $150,400
2021 $4,504 $190,800 $40,400 $150,400
2020 $4,680 $180,500 $38,300 $142,200
2019 $4,324 $180,500 $38,300 $142,200
2018 $4,280 $160,900 $33,500 $127,400
2017 $3,916 $160,900 $33,500 $127,400
2016 $3,816 $144,800 $29,600 $115,200
2015 $3,816 $144,800 $29,600 $115,200
2014 $3,564 $139,200 $27,900 $111,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 659581

Des Moines Area Association of REALTORS®

APN: 100-03898000000