Seller's Agent in 2024
Darson Grantham
Keller Williams Realty GDM
(641) 745-0156
3 in this area
207 Total Sales
2712 Dean Ave Des Moines, IA 50317
Fairground NeighborhoodEstimated Value: $240,000 - $353,446
--
Bed
3
Baths
1,710
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- 3 Kitchens
- Laundry Room
- Forced Air Heating and Cooling System
- No HOA
About This Home
As of July 2024Turnkey rental that was fully renovated 3 years ago with all the DSM permitting required to receive a huge tax abatement that has 8 years left. Results in roughly $2000 per year less tax which directly increases the cash flow on this property. The details... this property features three separate units, each with its own unique characteristics. The first unit is on the ground floor of the main house. It's a practical space with 1,205 square feet, including four bedrooms and a bathroom.
Upstairs in the same building is the second unit. It's a bit smaller at 774 square feet, but it's got everything you need: two bedrooms and a bathroom, making it a great fit for anyone looking for a cozy living space.
The third unit is a standalone structure behind the main house. It's compact, with 300 square feet, a single bedroom, and a bathroom. This place is perfect for someone who likes their privacy.
Tenants pay a total of 2590 per month of rent and they pay for all utilities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,280
Year Built
- Built in 1910
Lot Details
- 8,820 Sq Ft Lot
- Lot Dimensions are 60x147
Parking
- Gravel Driveway
Home Design
- Brick Foundation
- Asphalt Shingled Roof
Interior Spaces
- 3 Full Bathrooms
- 1,710 Sq Ft Home
- 2-Story Property
- 3 Kitchens
- Laundry Room
- Unfinished Basement
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 050/00176-000-000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $2,580
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2024
Closed on
Jul 6, 2024
Sold by
Steams Gregory and Steams Gabriella
Bought by
Bear Down Llc
Seller's Agent
Darson Grantham
Keller Williams Realty GDM
Buyer's Agent
Dylan King
Keller Williams Legacy Group-2
List Price
$300,000
Sold Price
$252,000
Premium/Discount to List
-$48,000
-16%
Views
152
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,723
Avg. Annual Appreciation
16.33%
Original Mortgage
$201,600
Outstanding Balance
$200,063
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$96,660
Purchase Details
Closed on
Oct 30, 2020
Sold by
Aegon I Llc
Bought by
Stearns Gregory
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jun 17, 2019
Closed on
Sep 29, 2019
Sold by
Bennett Andrew Lee
Bought by
Aegon 1 Llc
Seller's Agent
Anthony Lyne
RE/MAX Concepts
Buyer's Agent
Marsha Bannister
Homeworks Realty, LLC
List Price
$75,000
Sold Price
$68,400
Premium/Discount to List
-$6,600
-8.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.24%
Purchase Details
Closed on
Oct 31, 2011
Sold by
S & J Innovative Housing Inc
Bought by
Bennett Andrew Lee and Handy Andy Inc
Purchase Details
Closed on
Jan 30, 2004
Sold by
Peterson Robert Gene and Peterson Janet L
Bought by
S & J Innovative Housing Solutions Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,504
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bear Down Llc | $252,000 | None Listed On Document | |
| Stearns Gregory | $270,000 | None Available | |
| Aegon 1 Llc | $68,500 | None Available | |
| Bennett Andrew Lee | $55,000 | None Available | |
| S & J Innovative Housing Solutions Inc | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bear Down Llc | $201,600 | |
| Previous Owner | Stearns Gregory | $216,000 | |
| Previous Owner | Bennett Andrew L | $10,600 | |
| Previous Owner | S & J Innovative Housing Solutions Inc | $63,504 | |
| Closed | Bennett Andrew Lee | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2024 07/24/24 | Sold | $252,000 | +0.8% | $147 / Sq Ft |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- |
| 04/29/2024 04/29/24 | Price Changed | $250,000 | -7.4% | $146 / Sq Ft |
| 04/14/2024 04/14/24 | Price Changed | $270,000 | -1.8% | $158 / Sq Ft |
| 04/05/2024 04/05/24 | Price Changed | $275,000 | -1.8% | $161 / Sq Ft |
| 03/22/2024 03/22/24 | Price Changed | $280,000 | -1.8% | $164 / Sq Ft |
| 03/12/2024 03/12/24 | Price Changed | $285,000 | -1.7% | $167 / Sq Ft |
| 02/13/2024 02/13/24 | Price Changed | $290,000 | -3.3% | $170 / Sq Ft |
| 01/19/2024 01/19/24 | For Sale | $300,000 | +338.6% | $175 / Sq Ft |
| 09/30/2019 09/30/19 | Sold | $68,400 | -8.8% | $33 / Sq Ft |
| 09/12/2019 09/12/19 | Pending | -- | -- | -- |
| 06/17/2019 06/17/19 | For Sale | $75,000 | -- | $36 / 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 | $2,244 | $114,100 | $25,200 | $88,900 |
| 2023 | $1,670 | $210,700 | $25,200 | $185,500 |
| 2022 | $1,658 | $167,500 | $20,600 | $146,900 |
| 2021 | $1,706 | $167,500 | $20,600 | $146,900 |
| 2020 | $3,502 | $138,000 | $18,100 | $119,900 |
| 2019 | $2,931 | $104,900 | $18,100 | $86,800 |
| 2018 | $2,587 | $91,400 | $15,600 | $75,800 |
| 2017 | $2,310 | $91,400 | $15,600 | $75,800 |
| 2016 | $2,250 | $85,400 | $14,500 | $70,900 |
| 2015 | $2,250 | $85,400 | $14,500 | $70,900 |
| 2014 | $1,117 | $85,200 | $14,300 | $70,900 |
Source: Public Records
Agents Affiliated with this Home
-
Darson Grantham
-
Dylan King
D
Buyer's Agent in 2024
Dylan King
Keller Williams Legacy Group-2
(641) 426-8062
2 in this area
39 Total Sales
-
Ryan Rohlf
Buyer Co-Listing Agent in 2024
Ryan Rohlf
Keller Williams Legacy Group
(515) 442-0625
4 in this area
265 Total Sales
-
Anthony Lyne
Seller's Agent in 2019
Anthony Lyne
RE/MAX
(515) 689-8014
1 in this area
171 Total Sales
-
Marsha Bannister
Buyer's Agent in 2019
Marsha Bannister
Homeworks Realty, LLC
(515) 205-8696
3 in this area
36 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 687958
APN: 050-00176000000
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