NOT LISTED FOR SALE

Estimated Value: $246,032 - $267,000

-- Bed
4 Baths
1,592 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $255,000 $160 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,794/month

5 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Storage
  • Ranch Style House
  • Laundry Room

About This Home

As of March 2024

Don't miss out owning this spacious ranch duplex with a 2 bedroom/2 bath and 3 bedroom/2 bath with a non-conforming bedroom in the finished basement. Both units have double walk-out basements. New carpet on 2709. Long-term, dependable tenant on the 2709 side (2/2). Both units have an attached single car oversized garage with extra driveway space. This property has a large lot, great backyard for kids and entertaining. Easy location for getting to Downtown Des Moines. This property has been easy to rent/fill. Add this home to your portfolio Today!

Last Listed By

Rich Montanaro

The American Real Estate Co. Listed on: 01/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,252

Year Built

  • Built in 1980

Lot Details

  • 0.35 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,592 Sq Ft Home
  • Storage
  • Laundry Room
  • 2 Kitchens

Community Details

  • No Home Owners Association
  • Gross Income $1,780

Listing and Financial Details

  • Assessor Parcel Number 01003826005000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,252

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 166.46
  • Sp Amt Sq Ft: 160.18
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Partial Bath Total: 2
  • Sq Ft Bsmt: 1592
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 1592
  • Partial Bathrooms: 1
  • Partial Bathrooms: 1
  • Total Sq Ft: 1592

Exterior Features

  • Exterior: Vinyl Siding
  • Paved: Yes

Garage/Parking

  • Garage: 1 Attached

Utilities

  • Separate Meters: y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.3530
  • Lot S F: 15358
  • Assessor Parcel Number: 01003826005000
  • Zoning: res

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Tenant, Electric Tenant, Gas Tenant, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 4252.00
  • Net Taxes: 4252.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Mar 4, 2024
Sold by
Kodiak Llc
Bought by
Cosimo Properties Llc
Seller's Agent
Rich Montanaro
The American Real Estate Co.
Buyer's Agent
Thomas Mineart
RE/MAX Precision
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Total Days on Market
5
Views
10
Current Estimated Value
$258,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,258
Avg. Annual Appreciation
3.13%
Original Mortgage
$195,000
Outstanding Balance
$193,078
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$71,698

Purchase Details

Closed on
May 31, 2014
Sold by
Libbey Jane E and Libbey Hadley W
Bought by
Kodiak Llc

Purchase Details

Closed on
Sep 20, 2013
Sold by
Libbey Jane E and Libbey Hadley W
Bought by
Libbey Jane E and Libbey Hadley W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
4.39%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Cosimo Properties Llc $255,000 None Listed On Document
Kodiak Llc -- None Available
Libbey Jane E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosimo Properties Llc $195,000
Previous Owner Libbey Jane E $128,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $255,000 -3.8% $160 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $265,000 -- $166 / 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 $4,186 $212,800 $24,600 $188,200
2023 $4,152 $212,800 $24,600 $188,200
2022 $4,122 $176,200 $21,600 $154,600
2021 $3,836 $176,200 $21,600 $154,600
2020 $3,984 $153,700 $19,000 $134,700
2019 $3,820 $153,700 $19,000 $134,700
2018 $3,780 $142,100 $17,100 $125,000
2017 $3,654 $142,100 $17,100 $125,000
2016 $3,560 $135,100 $16,000 $119,100
2015 $3,560 $135,100 $16,000 $119,100
2014 $3,414 $128,500 $15,000 $113,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 688181

Des Moines Area Association of REALTORS®

APN: 010-03826005000