NOT LISTED FOR SALE

Estimated Value: $277,000 - $307,892

-- Bed
2 Baths
1,802 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $250,000 $139 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,081/month

62 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

Duplex in conveniently located neighborhood. Property is situated between Tower Park and Riley Park on 51st Street. Significant effort put into a complete remodel to the right-side unit. Fresh from top to bottom. Cute kitchen with white cabinets & new appliances. Bright new bathrooms and durable vinyl floors deliver a super clean look. Well-designed layouts for both homes with two bedrooms up, ½ bath on the main floor, bedroom/partial finish, and laundry in the basement. Dining areas look out through the sliding doors to patio areas in the backyard space. Two car garage with individual stalls adds extra function and value to each unit. Rental certificate recently renewed valid until 2025. Schedule a showing and make this YOUR next ownership opportunity.

Last Listed By

Terry Adams

Keller Williams Legacy Group Listed on: 06/23/2022

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,764

Year Built

  • Built in 1987

Lot Details

  • 9,734

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,802 Sq Ft Home
  • Laminate Flooring

Kitchen

  • 2 Kitchens
  • Stove

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • 9,734 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10003981002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,764

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 149.78
  • Sp Amt Sq Ft: 138.73
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Interior Amenities: Laminate Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 884
  • Sq Ft Fin Bsmt: 884
  • Kitchens: 2
  • Half Bathrooms: 2
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1802
  • Total Sq Ft: 1802

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2230
  • Lot S F: 9734
  • Assessor Parcel Number: 10003981002000
  • Zoning: N3B

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Water Tenant

Tax Info

  • Gross Taxes: 4764.00
  • Net Taxes: 4764.00
  • Tax Year: 2021

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 14, 2022
Sold by
Luck Properties Llc
Bought by
Lansink Properties Llc
Seller's Agent
Terry Adams
Keller Williams Legacy Group
Buyer's Agent
Marceen Peters
RE/MAX Precision
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Total Days on Market
62
Views
4
Current Estimated Value
$294,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,223
Avg. Annual Appreciation
5.50%
Original Mortgage
$112,500
Outstanding Balance
$107,074
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$181,465

Purchase Details

Closed on
Jul 26, 2021
Sold by
Klnn Llc
Bought by
Luck Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2014
Sold by
Mid Iowa Properties Llc
Bought by
Elite Residential Ii Llc

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
Lansink Properties Llc $250,000 --
Luck Properties Llc $215,000 None Listed On Document
Elite Residential Ii Llc $387,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lansink Properties Llc $112,500
Previous Owner Luck Properties Llc $172,000
Closed Luck Properties Llc $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $250,000 -7.4% $139 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $269,900 -1.9% $150 / Sq Ft
06/23/2022 06/23/22 For Sale $275,000 -- $153 / 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 $5,304 $269,600 $45,200 $224,400
2023 $4,780 $269,600 $45,200 $224,400
2022 $4,744 $202,800 $39,300 $163,500
2021 $4,764 $202,800 $39,300 $163,500
2020 $4,950 $190,900 $37,300 $153,600
2019 $4,606 $190,900 $37,300 $153,600
2018 $4,560 $171,400 $32,600 $138,800
2017 $4,144 $171,400 $32,600 $138,800
2016 $4,038 $153,200 $28,800 $124,400
2015 $4,038 $153,200 $28,800 $124,400
2014 $3,500 $136,700 $25,100 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 654818

Des Moines Area Association of REALTORS®

APN: 100-03981002000