NOT LISTED FOR SALE

Estimated Value: $207,097 - $229,000

-- Bed
2 Baths
1,665 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $149,400 $90 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,426/month

53 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2016

Beautiful two story, 2 unit home on a quiet, tree-lined street. Home features high shillings, original hardwood floors & woodwork. Each unite has separate furnaces. Home has new gutters, paint, and siding. Large lot with allen access and seconds from University Ave or i235. Active rental certificate until 1/7/2020.

Last Agent to Sell the Property

Sara Hopkins

RE/MAX Precision Listed on: 04/29/2016

RE/MAX Precision

Last Buyer's Agent

Christian Block

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,047

Year Built

  • Built in 1905

Lot Details

  • 10,200 Sq Ft Lot

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 09003749000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,047

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Termite: Follow Showing Instructions
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Basement Description: Unfinished
  • Kitchens: 2

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Brick

Utilities

  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2340
  • Lot S F: 10200
  • Assessor Parcel Number: 09003749000000
  • Zoning: R1-60

Tax Info

  • Gross Taxes: 2047.00
  • Net Taxes: 2047.00
  • Tax Year: 2016

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 18, 2016
Sold by
Spaces Llc
Bought by
Otoole Megen M and Brown Zachary R
Seller's Agent
Sara Hopkins
RE/MAX Precision
Buyer's Agent
Christian Block
Realty ONE Group Impact
List Price
$155,000
Sold Price
$149,400
Premium/Discount to List
-$5,600
-3.61%
Total Days on Market
53
Current Estimated Value
$218,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,649
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Nov 27, 2013
Sold by
Au King and Au Ann
Bought by
Spaces Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2005
Sold by
Chittick Stephen R and Chittick Christine B
Bought by
Au King and Au Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.82%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in Des Moines, IA

  • 1527 Forest Ave, Des Moines, IA 50314

    $249,000

    • Studio
    • 2 Baths
    • 3,729 Sq Ft
    • 1527 Forest Ave
    • Des Moines, IA

    Turnkey duplex opportunity at 1527 Forest Ave in Des Moines—perfect for investors! This solid brick and stucco property features two spacious 2-bed/1-bath units, both with original hardwood floors, updated electrical, and composite windows. Recent exterior upgrades include a brand-new roof, soffit, gutters, and fascia. Located directly across from a park on a corner lot, the property offers

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 1608 Mondamin Ave, Des Moines, IA 50314

    $245,000

    • Studio
    • 2 Baths
    • 1,056 Sq Ft
    • 1608 Mondamin Ave
    • Des Moines, IA

    Newly updated Duplex. I bed 1 bath on each side. With 2 non conforming bedrooms and living space in the basement. New roof, siding, gutters, mechanicals, plumbing and electrical in basement. Permits pulled so home could be eligible for a tax abatement. Call the city of Des Moines for the details. Yard is fully fenced. Driveways for parking off street as well.

    Joanne May RE/MAX Revolution

    Section Image
  • 4025 54th St, Des Moines, IA 50310

    $260,000

    • Studio
    • 2 Baths
    • 1,358 Sq Ft
    • 4025 54th St
    • Des Moines, IA

    4025 54th St is a rock-solid duplex that makes sense from every angle—whether you're a first-time house hacker or a seasoned investor looking to expand your portfolio. With both units currently vacant, you're free to move in and offset your mortgage with rental income, or lease out both sides at market rent with zero downtime. The property includes an upper 3-bedroom, 1-bath unit and a lower

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1513 Des Moines St, Des Moines, IA 50316

    $230,000

    • Studio
    • 3 Baths
    • 2,806 Sq Ft
    • 1513 Des Moines St
    • Des Moines, IA

    Welcome to 1513 Des Moines Street, a prime multi-unit investment property in the heart of Des Moines. This 3-unit multiplex presents an excellent opportunity for investors seeking immediate rental income with built-in occupancy. Two of the three units are already filled, providing steady cash flow from day one. The property offers three distinct rental units, each with its own full bathroom. The

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 2400 SE 8th St, Des Moines, IA 50315

    $259,000

    • Studio
    • 3 Baths
    • 2,140 Sq Ft
    • 2400 SE 8th St
    • Des Moines, IA

    Investor opportunity in the heart of Des Moines! Located at 2400 SE 8th St, this multi-family property offers strong rental potential with three separate units—two 1-bed/1-bath units and one 2-bed/1-bath unit—spread across 2,140 sq ft of living space. The property has a masonry foundation, an unfinished basement for additional storage, and off-street parking potential. With each unit already

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 1208 West St, Des Moines, IA 50315

    $245,000

    • Studio
    • 3 Baths
    • 1,876 Sq Ft
    • 1208 West St
    • Des Moines, IA

    This is a great turnkey rental property. Consists of a 964 sqft 2 bedroom raised ranch home with afinishable 3rd bedroom in the basement and a duplex each side consists of 1 bed 1 bath units. The single-family home does have a full basement with separate furnaces and a very nice two-car garage! Total rentis 2600 and Landlord pays for utilities. Both of the properties have a newer roof

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1152 27th St, Des Moines, IA 50311

    $240,000

    • Studio
    • 3 Baths
    • 2,704 Sq Ft
    • 1152 27th St
    • Des Moines, IA

    1150-1152 duplex very close to Drake! Main level unit offers 3 bedrooms, 2 full baths, kitchen and laundry. The upper level unit has 3 bedrooms, 1 full bath and kitchen. House has recently been fixed up. The current owner has not rented it since he purchased. Units have separate gas and electric meters. New concrete driveway and parking pad in the back. Shingles were replaced 2018 per prior

    Benjamin Van Zee RE/MAX Precision

    Section Image
  • 1067 37th St, Des Moines, IA 50311

    $190,000

    • Studio
    • 3 Baths
    • 2,339 Sq Ft
    • 1067 37th St
    • Des Moines, IA

    Check out this historic property right in the heart of Des Moines. The seller was raised in this duplex, then raised their children here, and now it is time for a new family. This up down duplex features two separate units as well as a third-floor finished dormer that could be incorporated into the second-floor apartment, with access from the second floor and a third-floor exterior door. The main

    Dan Vierling Iowa Realty Mills Crossing

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Otoole Megen M $149,500 None Available
Spaces Llc -- None Available
Au King $109,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spaces Llc $116,800
Previous Owner Spaces Llc $115,800
Previous Owner Au King $100,300
Previous Owner Au King $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $149,400 -3.6% $90 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $155,000 -- $93 / 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 $3,224 $174,300 $29,400 $144,900
2023 $3,092 $174,300 $29,400 $144,900
2022 $3,068 $140,100 $23,700 $116,400
2021 $3,260 $140,100 $23,700 $116,400
2020 $3,380 $139,200 $21,000 $118,200
2019 $3,380 $139,200 $21,000 $118,200
2018 $3,340 $134,300 $14,200 $120,100
2017 $1,938 $134,300 $14,200 $120,100
2016 $2,114 $80,200 $12,800 $67,400
2015 $2,114 $80,200 $12,800 $67,400
2014 $2,046 $77,000 $12,200 $64,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 516368

Des Moines Area Association of REALTORS®

APN: 090-03749000000