NOT LISTED FOR SALE

Estimated Value: $148,000 - $175,000

2 Beds
1.5 Baths
1,242 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 05, 2019

Last sale price $103,000 $83 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,061/month

61 Days on Market

Highlights

  • 1 Fireplace
  • Shades
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of February 2019

This home is located at 2903 SE 20th St, Des Moines, IA 50320 since 05 December 2018 and is currently estimated at $162,171, approximately $130 per square foot. This property was built in 1979. 2903 SE 20th St is a home located in Polk County with nearby schools including River Woods Elementary School, Weeks Middle School, and East High School.

Last Agent to Sell the Property

Karoline Benskin

Keller Williams Realty GDM Listed on: 12/05/2018

Keller Williams Realty GDM

Last Buyer's Agent

Matt Hennig

Platinum Realty LLC

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1979

Lot Details

  • 3,890 Sq Ft Lot
  • Lot Dimensions are 26x149

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,242 Sq Ft Home
  • 1 Fireplace
  • Shades
  • Finished Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01003972571004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,998

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bi-Attached
  • Lp Amt Sq Ft: 86.15
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 82.93
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Interior Amenities: Shades/Shutters
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 600
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1242
  • Total Sq Ft: 1242

Exterior Features

  • Exterior: See Remarks
  • Foundation: Concrete Block, Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 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: 0.0890
  • Lot S F: 3890
  • Lot Shape: Regular
  • Lot Size: 26X149
  • Assessor Parcel Number: 01003972571004
  • Zoning: R-6

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1998.14
  • Net Taxes: 1998.14
  • Tax Year: 2019

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Feb 1, 2019
Sold by
Jenkins Loeb Terrence and Loeb Justina
Bought by
Shannon Corey
Seller's Agent
Karoline Benskin
Keller Williams Realty GDM
Buyer's Agent
Matt Hennig
Platinum Realty LLC
List Price
$107,000
Sold Price
$103,000
Premium/Discount to List
-$4,000
-3.74%
Total Days on Market
61
Current Estimated Value
$162,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,171
Avg. Annual Appreciation
7.40%
Original Mortgage
$101,134
Outstanding Balance
$90,002
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$72,169

Purchase Details

Closed on
Feb 9, 2015
Sold by
Gng Lc
Bought by
Jenkins Loeb Terrence and Loeb Justina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2015
Sold by
Gng Lc
Bought by
Jenkins Loeb Terrence S and Loeb Justina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2013
Sold by
Nelson Enterprises Lc and Nelson Barry J
Bought by
Gng Lc

Purchase Details

Closed on
Jul 31, 1997
Sold by
Pomeroy Heath L and Pomeroy Melissa A
Bought by
Nelson Enterprises Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,600
Interest Rate
7.57%
Source: Public Records

Similar Homes in Des Moines, IA

  • 1834 E Park Ave, Des Moines, IA 50320

    $127,500

    • 2 Beds
    • 1 Bath
    • 476 Sq Ft
    • 1834 E Park Ave
    • Des Moines, IA

    INVESTORS! This home is tenant occupied with a current rental certificate! Turn Key! Taxes are SUPER low! This unique bi-attached property is a split entry/foyer with a total living space of 928 sq ft - lower level are kitchen/living/laundry and upper level are bedrooms/bathroom. Fully fenced backyard. Snatch this one while it's available. 24 hour lead time on showings required by law.New

    Amy Wilkins RE/MAX Concepts

    Section Image
  • 1505 E Court Ave, Des Moines, IA 50316

    $186,500

    • Studio
    • 1 Bath
    • 1,683 Sq Ft
    • 1505 E Court Ave
    • Des Moines, IA

    Located near State Capital and convenient to downtown Des Moines. Each side hosts 2 bedrooms, 1 bath and an enclosed front porch. All appliances stay. Each unit is metered separately. Presently tenants pay electric, gas, water, and garbage. Ample off street parkin in back.

    Eldon Hutcheson Nerem & Assoc.

    Section Image
  • 1503 Forest Ave, Des Moines, IA 50314

    $145,000

    • Studio
    • 2 Baths
    • 1,676 Sq Ft
    • 1503 Forest Ave
    • Des Moines, IA

    This duplex at 1503 Forest Ave, Des Moines offers two rental units: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit; perfect for investors looking for steady rental income. It comes with a current rental certificate and has been upgraded through the City of Des Moines Weatherization Program, improving energy efficiency. Additional highlights include a brand-NEW furnaces one for each unit

    Ingrid Williams RE/MAX Concepts

    Section Image
  • 1301 E Sheridan Ave, Des Moines, IA 50316

    $169,990

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • 1301 E Sheridan Ave
    • Des Moines, IA

    Great Investment Opportunity! This income-producing property is occupied on both sides and sits just 0.5 miles from Grand View University which is a prime location for tenants! Each unit features 1 bedroom, 1 bathroom, and a dedicated garage spot. Major updates include a new sewer line from the house to the curb (2023), and replaced furnaces and hot water heaters for both units (2022). A

    Allison Hendershot RE/MAX Concepts

    Section Image
  • 1161 21st St, Des Moines, IA 50311

    $184,900

    • Studio
    • 2 Baths
    • 2,214 Sq Ft
    • 1161 21st St
    • Des Moines, IA

    2+ story top-bottom duplex with both units currently occupied. $1550 monthly gross rent. Unit 1: 2 BR, 1 BA rents at $750/mo. New kitchen cabinet, countertop, sink, faucet, & some fresh paint in Feb. 2025. Unit 2 is a 2 BR, 1 BA with additional finished attic currently being used as a BR that rents at $800/mo. New toilet in BA, new flooring in BA & kitchen, some new light fixtures, and some fresh

    Ingrid L. Roose BHHS First Realty Westown

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

    $180,000

    • 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
  • 3607 Williams St, Des Moines, IA 50317

    $169,000

    • 3 Beds
    • 1.5 Baths
    • 1,284 Sq Ft
    • 3607 Williams St
    • Des Moines, IA

    This is how a home should be set up in this bi-attached two-story Townhome! Nice size 3 bedrooms and 2 bathrooms, set up perfect for a Family. Quick access to Altoona, Ankeny or Des Moines, This is just how owning a home should be

    Mike Sudman Top Shelf Realty

    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
Shannon Corey $103,000 First American Mortgage Solu
Jenkins Loeb Terrence -- None Available
Jenkins Loeb Terrence S $77,000 None Available
Gng Lc $246,317 None Available
Nelson Enterprises Lc $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Corey $101,134
Previous Owner Jenkins Loeb Terrence S $61,600
Previous Owner Nelson Enterprises Lc $15,000
Previous Owner Nelson Enterprises L C $59,600
Previous Owner Nelson Enterprises Lc $59,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2019 02/05/19 Sold $103,000 -3.7% $83 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $107,000 -- $86 / 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 $2,394 $132,200 $14,700 $117,500
2023 $2,274 $132,200 $14,700 $117,500
2022 $2,256 $105,400 $11,900 $93,500
2021 $2,258 $105,400 $11,900 $93,500
2020 $2,340 $99,100 $11,100 $88,000
2019 $1,972 $99,100 $11,100 $88,000
2018 $1,952 $73,400 $10,500 $62,900
2017 $2,132 $73,400 $10,500 $62,900
2016 $2,076 $78,800 $4,700 $74,100
2015 $2,076 $78,800 $4,700 $74,100
2014 $2,030 $76,400 $5,900 $70,500
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: 573647

Des Moines Area Association of REALTORS®

APN: 010-03972571004