NOT LISTED FOR SALE

Estimated Value: $199,000

3 Beds
2 Baths
1,600 Sq Ft
$124/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $89,500 $56 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,410/month

50 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Storage

About This Home

As of December 2014

Exceptional duplex opportunity! Own for over $44,000 less than this property sold for way back in 2007. All brick 1600sf, front/back duplex with a one bedroom unit up front and a two bedroom unit in the back. back unit has side door access to a small yard for pets, two meters, two furnaces and two central air units. Live in one unit while renting the second to save on monthly payments! Excellent value for owner occupant or investor. This is a Fannie Mae HomePath property.

Last Listed By

Diana Pastor

Country Estates Realty Listed on: 10/19/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 112 x 138

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Storage
  • Laundry Room
  • 2 Kitchens

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 06005200001000

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 6.00
  • Sp Amt Sq Ft: 6.00
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stoves Total: 1
  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block

Garage/Parking

  • Garage: 1 Attached

Utilities

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

Condo/Co-op/Association

  • Manager: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.3550
  • Lot S F: 15456
  • Lot Size: 112 x 138
  • Assessor Parcel Number: 06005200001000
  • Zoning: R1-60

Rental Info

  • Deposit: No
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant

Tax Info

  • Gross Taxes: 2508.00
  • Net Taxes: 2508.00
  • Assessor Parcel Number: 2701HULLAVEPOLKDESMOINE50317

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2015
Sold by
Iverson Steven
Bought by
Ivysun Management Llc
Total Days on Market
50
Current Estimated Value
$199,000

Purchase Details

Closed on
Jun 26, 2015
Sold by
Iverson Steven
Bought by
Ivysun Management Llc

Purchase Details

Listed on
Oct 19, 2014
Closed on
Dec 5, 2014
Sold by
Fannie Mae
Bought by
Iverson Steven
Seller's Agent
Diana Pastor
Country Estates Realty
Buyer's Agent
Jayme Goodrich
RE/MAX Concepts
List Price
$89,500
Sold Price
$89,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Sep 4, 2014
Sold by
Barakat John S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 24, 2007
Sold by
Schrodt Barbara A and Schrodt Richard A
Bought by
Barakat John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.42%
Mortgage Type
Commercial

Range of Values:

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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
Ivysun Management Llc -- Attorney
Ivysun Management Llc -- Attorney
Iverson Steven $89,500 Servicelink
Federal National Mortgage Association $107,696 None Available
Barakat John $133,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivysun 2701 & 2703 Land Trust $1,073,625
Previous Owner Iverson Steven $108,000
Previous Owner Barakat John $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $89,500 0.0% $56 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
10/19/2014 10/19/14 For Sale $89,500 -- $56 / 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 $3,546 $180,300 $28,600 $151,700
2023 $3,522 $180,300 $28,600 $151,700
2022 $3,494 $149,400 $24,700 $124,700
2021 $3,348 $149,400 $24,700 $124,700
2020 $3,480 $134,200 $22,000 $112,200
2019 $3,136 $134,200 $22,000 $112,200
2018 $3,104 $116,700 $18,700 $98,000
2017 $2,946 $116,700 $18,700 $98,000
2016 $2,870 $108,900 $17,000 $91,900
2015 $2,870 $108,900 $17,000 $91,900
2014 $2,612 $110,300 $16,900 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 444306

Des Moines Area Association of REALTORS®

APN: 060-05200001000