NOT LISTED FOR SALE

2639 Chicago Ave Des Moines, IA 50317

Accent Neighborhood

Estimated Value: $175,912 - $228,000

-- Bed
2 Baths
910 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $109,500 $120 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,404/month

165 Days on Market

Highlights

  • 2 Kitchens
  • Forced Air Heating and Cooling System
  • 4-minute walk to Easton Basin Park
  • Laundry Room

About This Home

As of April 2014

Great investment opportunity. This duplex has two bedrooms and one bath per unit. Each unit has 910 sq. ft. 1st floor washer and dryer. $1375 month in rents with tenant paying utilities. Vinyl siding and some mechanicals have been replaced.

Last Agent to Sell the Property

Timothy Schutte

EXIT Realty & Associates Listed on: 11/16/2013

EXIT Realty & Associates

Last Buyer's Agent

Craig Randall

Iowa Realty Beaverdale

Iowa Realty Beaverdale

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,710

Year Built

  • Built in 1976

Lot Details

  • 8,151

Home Design

  • Split Foyer
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Additional Features

  • 2 Kitchens
  • Laundry Room
  • 8,151 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Gross Income $1,375

Listing and Financial Details

  • Assessor Parcel Number 06000516003000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,710

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Split Foyer
  • Lp Amt Sq Ft: 14.00
  • Sp Amt Sq Ft: 13.00
  • Termite: Follow Showing Instructions
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Full Bathrooms: 1
  • Kitchens: 2
  • Laundry: Yes
  • Storage: No

Exterior Features

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

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 1

Condo/Co-op/Association

  • Manager: No

Lot Info

  • Acres: 0.1870
  • Lot S F: 8151
  • Assessor Parcel Number: 06000516003000
  • Zoning: R

Rental Info

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

Tax Info

  • Gross Taxes: 2710.00
  • Net Taxes: 2710.00
  • Assessor Parcel Number: 2639CHICAGOAVEPOLKDESMOINE50317
  • Tax Year: 2013

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2024
Sold by
Shepherd Cody C and Shepherd Brooke A
Bought by
Houses For Hope Llc
Current Estimated Value
$211,478

Purchase Details

Listed on
Nov 16, 2013
Closed on
Apr 26, 2014
Sold by
Meyer Jonathan D and Meyer Kim Y
Bought by
Cochran Cheryl J and Cochran Monte A
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Craig Randall
Iowa Realty Beaverdale
List Price
$113,500
Sold Price
$109,500
Premium/Discount to List
-$4,000
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$82,125
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2007
Sold by
Ackerman Thomas J and Ackerman Melanie J
Bought by
Meyer Jonathan D and Meyer Kim Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,043
Interest Rate
6.2%
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
Houses For Hope Llc -- None Listed On Document
Houses For Hope Llc -- None Listed On Document
Houses For Hope Llc -- None Listed On Document
Cochran Cheryl J $109,500 None Available
Meyer Jonathan D $101,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cochran Cheryl J $82,125
Previous Owner Meyer Jonathan D $100,043
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $109,500 -3.5% $120 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
11/16/2013 11/16/13 For Sale $113,500 -- $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 $3,494 $198,900 $31,000 $167,900
2024 $3,494 $177,600 $27,200 $150,400
2023 $3,300 $177,600 $27,200 $150,400
2022 $3,274 $140,000 $22,600 $117,400
2021 $3,204 $140,000 $22,600 $117,400
2020 $3,328 $128,400 $20,700 $107,700
2019 $3,118 $128,400 $20,700 $107,700
2018 $3,086 $116,000 $18,200 $97,800
2017 $3,010 $116,000 $18,200 $97,800
2016 $2,932 $111,300 $17,200 $94,100
2015 $2,932 $111,300 $17,200 $94,100
2014 $2,894 $108,900 $16,500 $92,400
Source: Public Records

Agents Affiliated with this Home

  • Timothy Schutte

    Seller's Agent in 2014

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    4 in this area

    193 Total Sales

    Timothy Schutte
    Section Image

  • C

    Buyer's Agent in 2014

    Craig Randall

    Iowa Realty Beaverdale

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 428440

Des Moines Area Association of REALTORS®

APN: 060-00516003000

Iowa Polk County Des Moines 50317 Accent

2639 Chicago Ave, Des Moines, IA

Not Listed for Sale

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