2700 Franklin Ave Des Moines, IA 50310
Drake Neighborhood
2
Beds
1
Bath
780
Sq Ft
4,500
Sq Ft Lot
Highlights
- Ranch Style House
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of July 2019Attention investors, this home would make a great flip or rental. Located just blocks north of Knapp Center. Home sits on a corner lot and features a 1 car garage, hardwood floors, updated electric, aluminum siding, and much much more.
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Lot Details
- 4,500 Sq Ft Lot
- Lot Dimensions are 50x90
- Property is zoned R1-60
Home Design
- 780 Sq Ft Home
- Ranch Style House
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
Kitchen
- Stove
- Microwave
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Additional Features
- Unfinished Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 08002099000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 27, 2022
Sold by
Horst Erin T and Horst Barry
Bought by
Passmore Alyssa
Total Days on Market
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$170,472
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$37,737
Purchase Details
Listed on
May 21, 2019
Closed on
Jul 12, 2019
Sold by
Boardwalk Investments Llc
Bought by
Horst Erin T
Seller's Agent
Alen Agic
RE/MAX Concepts
Buyer's Agent
York Taenzer
Iowa Realty Mills Crossing
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$158,110
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 1, 2018
Closed on
Oct 18, 2018
Sold by
Watkins Jacquelyn S
Bought by
Boardwalk Investments Llc
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Alen Agic
RE/MAX Concepts
List Price
$30,000
Sold Price
$52,950
Premium/Discount to List
$22,950
76.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
347.81%
Purchase Details
Closed on
Jun 18, 1997
Sold by
Nielsen Mike and Nielsen Desha
Bought by
Watkins Jacquelyn S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,900
Interest Rate
7.56%
Similar Homes in Des Moines, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $190,000 | -- | |
| Warranty Deed | $163,000 | None Available | |
| Warranty Deed | $53,000 | None Available | |
| Warranty Deed | $59,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $176,000 | New Conventional | |
| Previous Owner | $158,110 | New Conventional | |
| Previous Owner | $92,000 | Credit Line Revolving | |
| Previous Owner | $53,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2019 07/19/19 | Sold | $163,000 | -1.2% | $209 / Sq Ft |
| 07/19/2019 07/19/19 | Pending | -- | -- | -- |
| 05/21/2019 05/21/19 | For Sale | $165,000 | +211.6% | $212 / Sq Ft |
| 10/19/2018 10/19/18 | Sold | $52,950 | +76.5% | $68 / Sq Ft |
| 10/19/2018 10/19/18 | Pending | -- | -- | -- |
| 10/01/2018 10/01/18 | For Sale | $30,000 | -- | $38 / 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 | $3,672 | $186,700 | $17,700 | $169,000 |
| 2023 | $3,384 | $186,700 | $17,700 | $169,000 |
| 2022 | $3,358 | $152,500 | $15,000 | $137,500 |
| 2021 | $3,230 | $152,500 | $15,000 | $137,500 |
| 2020 | $1,416 | $138,000 | $13,300 | $124,700 |
| 2019 | $2,026 | $54,600 | $13,300 | $41,300 |
| 2018 | $2,000 | $83,900 | $11,600 | $72,300 |
| 2017 | $2,076 | $83,900 | $11,600 | $72,300 |
| 2016 | $2,018 | $85,300 | $11,600 | $73,700 |
| 2015 | $2,018 | $85,300 | $11,600 | $73,700 |
| 2014 | $1,734 | $76,600 | $10,200 | $66,400 |
Source: Public Records
Agents Affiliated with this Home
-
Alen Agic
Seller's Agent in 2019
Alen Agic
RE/MAX
(515) 669-9582
1 in this area
254 Total Sales
-
York Taenzer
Y
Buyer's Agent in 2019
York Taenzer
Iowa Realty Mills Crossing
(515) 321-1873
7 in this area
117 Total Sales
-
Seth Walker
Seller's Agent in 2018
Seth Walker
RE/MAX
(515) 577-3728
9 in this area
521 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 570392
APN: 080-02099000000
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