2704 Merle Hay Rd Des Moines, IA 50310
Merle Hay Neighborhood
--
Bed
--
Bath
1,352
Sq Ft
9,006
Sq Ft Lot
Highlights
- 2 Kitchens
- Laundry Room
- Forced Air Heating and Cooling System
About This Home
As of July 2019Up and down duplex that has been very well maintained and makes for a perfect investment property. Inside you will find new carpet, paint, interior doors and updated electrical panel and new exterior doors. The units share a washer and dryer which will remain. The one bedroom unit has a new refrigerator. Perfect location just north of Douglas, close to everything and on the bus line. Two parking spots with room to turn around to allow for easier access to Merle Hay Rd. Shed will also remain. Exterior in great condition.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1894
Lot Details
- 9,006 Sq Ft Lot
- Lot Dimensions are 79 x 114
Home Design
- Brick Foundation
- Stucco
Interior Spaces
- 2-Story Property
- 2 Kitchens
- Laundry Room
- Unfinished Basement
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 10013220002000
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $165
- Gross Income $1,220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 25, 2024
Sold by
Tgproperties Llc
Bought by
City Of Des Moines
Total Days on Market
314
Current Estimated Value
Purchase Details
Listed on
Jun 20, 2019
Closed on
Jul 9, 2019
Sold by
Erpelding Traci Ann and Erpelding Tykler Joseph
Bought by
Tgproperties Llc
Seller's Agent
Andrew DePhillips
RE/MAX Concepts
Buyer's Agent
Stephanie Thomas
RE/MAX Concepts
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Purchase Details
Listed on
Jul 28, 2017
Closed on
Oct 26, 2017
Sold by
Wohlford Properties Llc
Bought by
Erpelding Traci Ann and Erpelding Tyler Joseph
Seller's Agent
Jim Hibbs
LPT Realty, LLC
Buyer's Agent
Andrew DePhillips
RE/MAX Concepts
List Price
$135,000
Sold Price
$119,900
Premium/Discount to List
-$15,100
-11.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%
Original Mortgage
$89,925
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 21, 2012
Closed on
May 18, 2013
Sold by
Sandpiper Investment Group Llc
Bought by
Wohlford Properties Llc
Seller's Agent
Jennifer Clark
Century 21 Signature
Buyer's Agent
Jane Krumm
RE/MAX Precision
List Price
$124,900
Sold Price
$99,000
Premium/Discount to List
-$25,900
-20.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$240,000
Interest Rate
4.02%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jun 12, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Bueltel Darin P and Bueltel Dena A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
4.97%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 21, 2006
Sold by
Morton Carole E
Bought by
Smith Carole E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,317
Interest Rate
6.33%
Map
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Similar Home in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,630 | None Listed On Document | |
| Warranty Deed | $145,000 | None Available | |
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | $99,000 | None Available | |
| Special Warranty Deed | $85,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $89,925 | New Conventional | |
| Previous Owner | $240,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $240,000 | Commercial | |
| Previous Owner | $68,400 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $32,317 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2019 07/09/19 | Sold | $145,000 | -9.4% | $107 / Sq Ft |
| 07/02/2019 07/02/19 | Pending | -- | -- | -- |
| 06/20/2019 06/20/19 | For Sale | $160,000 | +33.4% | $118 / Sq Ft |
| 10/31/2017 10/31/17 | Sold | $119,900 | -11.2% | $59 / Sq Ft |
| 10/01/2017 10/01/17 | Pending | -- | -- | -- |
| 07/28/2017 07/28/17 | For Sale | $135,000 | +36.4% | $67 / Sq Ft |
| 05/25/2013 05/25/13 | Sold | $99,000 | -20.7% | $73 / Sq Ft |
| 05/01/2013 05/01/13 | Pending | -- | -- | -- |
| 06/21/2012 06/21/12 | For Sale | $124,900 | -- | $92 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
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 | $3,390 | $172,300 | $43,400 | $128,900 |
| 2023 | $3,430 | $172,300 | $43,400 | $128,900 |
| 2022 | $3,404 | $145,500 | $37,800 | $107,700 |
| 2021 | $3,286 | $145,500 | $37,800 | $107,700 |
| 2020 | $3,414 | $131,700 | $34,500 | $97,200 |
| 2019 | $3,148 | $131,700 | $34,500 | $97,200 |
| 2018 | $3,116 | $117,100 | $30,400 | $86,700 |
| 2017 | $2,832 | $117,100 | $30,400 | $86,700 |
| 2016 | $2,760 | $104,700 | $27,100 | $77,600 |
| 2015 | $2,760 | $104,700 | $27,100 | $77,600 |
| 2014 | $2,890 | $112,900 | $25,700 | $87,200 |
Source: Public Records
Source: Des Moines Area Association of REALTORS®
MLS Number: 403051
APN: 100-13220002000
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