$191,250
SOLD MAY 31, 2024
-- Bed
4 Baths
1,424 Sq Ft
5,360 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

11% Below List Price

78 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

As of May 2024

Calling all investors! This property is located near the fairgrounds with easy access to University Ave and 235. This single family home in Des Moines has an added bonus as the garage has been converted to living space. Both the home and garage are currently rented.

Last Agent to Sell the Property

Shane Torres

RE/MAX Concepts Listed on: 03/13/2024

RE/MAX Concepts

Co-Listed By

Jeff Johnston

RE/MAX Concepts

Last Buyer's Agent

Amanda Jackson

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1910

Lot Details

  • 5,360 Sq Ft Lot
  • Lot Dimensions are 40x134

Home Design

  • 1,424 Sq Ft Home
  • Bungalow
  • Block Foundation
  • Asphalt Shingled Roof

Additional Features

  • 4 Bathrooms
  • Forced Air Heating System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 05000034000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $250
  • Gross Income $1,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,470

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Bungalow
  • Lp Amt Sq Ft: 150.98
  • Sp Amt Sq Ft: 134.30
  • Termite: Follow Showing Instructions
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Partial Bath Total: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 864
  • Living Area Sq Ft: 1424
  • Partial Bathrooms: 2
  • Total Sq Ft: 1424

Exterior Features

  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 250

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1230
  • Lot S F: 5360
  • Lot Size: 40X134
  • Assessor Parcel Number: 05000034000000
  • Zoning: R

Rental Info

  • Landlord Tenant Utilities: Insurance Landlord, Misc Exp Landlord

Tax Info

  • Gross Taxes: 2470.00
  • Net Taxes: 2470.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 29, 2024
Sold by
Born Henrik and Flores Julia
Bought by
Ring Shirley
Seller's Agent
Shane Torres
RE/MAX Concepts
Buyer's Agent
Amanda Jackson
RE/MAX Concepts
List Price
$215,000
Sold Price
$191,250
Premium/Discount to List
-$23,750
-11.05%
Views
1616
Current Estimated Value
$184,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,241
Avg. Annual Appreciation
-5.72%

Purchase Details

Listed on
Dec 28, 2020
Closed on
Mar 20, 2021
Sold by
426 Property Llc
Bought by
Born Henrik
Seller's Agent
Garrett Shetterly
RE/MAX Precision
Buyer's Agent
Garrett Shetterly
RE/MAX Precision
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$112,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2016
Sold by
Community Bank
Bought by
Payne Thomas Lee

Purchase Details

Closed on
Apr 30, 2008
Sold by
Quick Tax Ero Inc
Bought by
Community Bank and Community State Bank

Purchase Details

Closed on
Sep 24, 2003
Sold by
Jarvis Wayne M and Jarvis Cheryl A
Bought by
Quick Tax Ero Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1997
Sold by
Harris Rebecca L
Bought by
Jarvis Wayne M and Jarvis Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
8.27%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $191,500 None Listed On Document
Warranty Deed $150,000 None Available
Special Warranty Deed -- None Available
Warranty Deed $70,000 None Available
Warranty Deed -- Itc
Warranty Deed $85,500 --
Warranty Deed $53,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $112,500 Purchase Money Mortgage
Previous Owner $68,800 Purchase Money Mortgage
Previous Owner $40,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $191,250 -11.0% $134 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $215,000 +43.3% $151 / Sq Ft
03/24/2021 03/24/21 Sold $150,000 0.0% $105 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $150,000 -- $105 / 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 $2,568 $130,500 $18,300 $112,200
2023 $2,470 $130,500 $18,300 $112,200
2022 $2,452 $104,800 $15,000 $89,800
2021 $2,270 $104,800 $15,000 $89,800
2020 $2,360 $91,000 $13,200 $77,800
2019 $2,148 $91,000 $13,200 $77,800
2018 $2,126 $79,900 $11,300 $68,600
2017 $1,800 $79,900 $11,300 $68,600
2016 $1,750 $75,100 $10,500 $64,600
2015 $1,750 $75,100 $10,500 $64,600
2014 $1,774 $75,500 $10,400 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 691094

Des Moines Area Association of REALTORS®

APN: 050-00034000000