2625 E Walnut St Des Moines, IA 50317
Fairground NeighborhoodEstimated Value: $153,195 - $222,000
2
Beds
2
Baths
980
Sq Ft
$191/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- Shades
- Tile Flooring
About This Home
As of May 2013Completely renovated inside & out in 2012, you must see this highly polished gem of a duplex that offers an owner occupant the ability to supplement a lg portion of the total mortgage pymt by leasing the 2nd unit, or as an investor, this property is ready to potentially positively cash flow from day one & has room to expand the lease basis w/already installed egress windows & clean bsmts to dbl the usable sq footage & add a 2nd BR/living area in each unit. Built w/solid 1950 bones, the renovation is spectacular in taste & quality, all mechanicals are practically new, & all SS kitchen appls are new along with the floor coverings & BAs, making this duplex very desirable to future tenants. Aggressively priced to sell immediately, don't miss this opportunity to save a lg portion of the total mortgage pymt as an owner occupier leaving you with a fantastically low monthly payment, or as an investor start cashing in on the potential positive cash flow the duplex could provide you!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,706
Year Built
- Built in 1950
Lot Details
- 8,820 Sq Ft Lot
- Lot Dimensions are 60x147
- Property is zoned R1-60
Parking
- No Driveway
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 980 Sq Ft Home
- Shades
- Drapes & Rods
- Basement Window Egress
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 05000124000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2012
Closed on
Jun 26, 2013
Sold by
Devilbiss Kara
Bought by
Devilbiss Tyler A and Quiambao Regina D
Seller's Agent
David McCombs
Iowa Realty Ankeny
Buyer's Agent
David McCombs
Iowa Realty Ankeny
List Price
$90,000
Sold Price
$86,500
Premium/Discount to List
-$3,500
-3.89%
Total Days on Market
206
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,049
Avg. Annual Appreciation
6.73%
Original Mortgage
$84,932
Interest Rate
3.34%
Mortgage Type
FHA
Similar Homes in Des Moines, IA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Devilbiss Tyler A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Devilbiss Kara M | $84,932 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2013 05/30/13 | Sold | $86,500 | -3.9% | $88 / Sq Ft |
| 05/30/2013 05/30/13 | Pending | -- | -- | -- |
| 11/05/2012 11/05/12 | For Sale | $90,000 | -- | $92 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,154 | $109,500 | $25,200 | $84,300 |
| 2023 | $2,044 | $109,500 | $25,200 | $84,300 |
| 2022 | $2,028 | $86,700 | $20,600 | $66,100 |
| 2021 | $1,916 | $86,700 | $20,600 | $66,100 |
| 2020 | $1,992 | $76,800 | $18,100 | $58,700 |
| 2019 | $1,820 | $76,800 | $18,100 | $58,700 |
| 2018 | $1,800 | $67,700 | $15,600 | $52,100 |
| 2017 | $1,710 | $67,700 | $15,600 | $52,100 |
| 2016 | $1,666 | $63,200 | $14,500 | $48,700 |
| 2015 | $1,666 | $63,200 | $14,500 | $48,700 |
| 2014 | $1,674 | $63,000 | $14,100 | $48,900 |
Source: Public Records
Agents Affiliated with this Home
-
David McCombs
D
Seller's Agent in 2013
David McCombs
Iowa Realty Ankeny
(515) 210-0234
6 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 409099
APN: 050-00124000000
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