NOT LISTED FOR SALE

Estimated Value: $224,000 - $287,000

4 Beds
2 Baths
2,748 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $290,000 $106 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,640/month

5 Days on Market

About This Home

As of August 2024

Great investment opportunity! This duplex features 2 units each with 2 beds and 1 bath on an oversized lot. The property has great rental history with a consistent tenant pool. Call and schedule your tour today!

Last Agent to Sell the Property

Chris Betts

RE/MAX Real Estate Center Listed on: 06/12/2024

RE/MAX Real Estate Center

Last Buyer's Agent

Chris Betts

RE/MAX Real Estate Center Listed on: 06/12/2024

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,598

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x150

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,748 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 06003528002000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,598

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 109.17
  • Sp Amt Sq Ft: 105.53
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Living Area Sq Ft: 2748
  • Total Sq Ft: 2748

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2750
  • Lot S F: 12000
  • Lot Size: 80X150
  • Assessor Parcel Number: 06003528002000
  • Zoning: Res

Rental Info

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

Tax Info

  • Gross Taxes: 3598.00
  • Net Taxes: 3598.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Venales Jose
Bought by
Venales Jose and Venales Cherise
Current Estimated Value
$250,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$152,396
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$98,008

Purchase Details

Closed on
Jan 19, 2023
Sold by
Klnn 2820 Llc
Bought by
Venales Jose and Koster Cherise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$152,396
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$98,008

Purchase Details

Closed on
Jul 21, 2020
Sold by
Longenecker Llc
Bought by
Klnn 2820 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 18, 2018
Sold by
Longenecker Joseph T
Bought by
Longenecker L L C

Purchase Details

Closed on
May 24, 2017
Sold by
Elite Residential Ii Llc
Bought by
Longenecker Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2007
Sold by
City Of Des Moines Municipal Housing Age
Bought by
Mcclish Michael T and Mcclish June L
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 Buyer Sale Price Title Company
Venales Jose -- --
Venales Jose $210,000 --
Klnn 2820 Llc $180,000 None Available
Longenecker L L C -- None Available
Longenecker Joseph T $300,000 None Available
Mcclish Michael T $118,601 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venales Jose $157,500
Previous Owner Klnn 2820 Llc $1,625,000
Previous Owner Logenecker Llc $144,000
Previous Owner Longenecker Joseph T $302,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $290,000 -3.3% $106 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $300,000 -- $109 / 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 $3,804 $193,400 $29,800 $163,600
2023 $3,598 $193,400 $29,800 $163,600
2022 $3,572 $152,700 $24,800 $127,900
2021 $3,514 $152,700 $24,800 $127,900
2020 $3,650 $140,800 $22,600 $118,200
2019 $3,416 $140,800 $22,600 $118,200
2018 $3,382 $127,100 $20,000 $107,100
2017 $3,270 $127,100 $20,000 $107,100
2016 $3,186 $120,900 $18,800 $102,100
2015 $3,186 $120,900 $18,800 $102,100
2014 $3,048 $119,000 $18,200 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 697173

Des Moines Area Association of REALTORS®

APN: 060-03528002000