NOT LISTED FOR SALE

Estimated Value: $272,000 - $299,000

-- Bed
2 Baths
1,560 Sq Ft
$181/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $181,000 $116 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,983/month

29 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating System
  • No HOA
  • Storage

About This Home

As of April 2018

Being sold with building 2901 - 2903 Hickman next door

Last Listed By

Michael Slavin

RE/MAX Precision Listed on: 03/08/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,460

Year Built

  • Built in 2001

Lot Details

  • 10,529 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,560 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • 2 Kitchens

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Gross Income $1,700

Listing and Financial Details

  • Assessor Parcel Number 08006586004000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,460

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 116.03
  • Sp Amt Sq Ft: 116.03
  • Termite: Follow Showing Instructions
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Slab
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 1560
  • Total Sq Ft: 1560

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured
  • Paved: Yes
  • Sidewalk: y

Garage/Parking

  • Garage: 1 Detached
  • Off Street Parking: 2

Utilities

  • Air Conditioner: Window Unit
  • Heat: Electric Forced Air
  • Separate Meters: y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2420
  • Lot S F: 10529
  • Assessor Parcel Number: 08006586004000
  • Zoning: R-2

Rental Info

  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Tenant, Water Tenant

Tax Info

  • Gross Taxes: 3460.00
  • Net Taxes: 3460.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Jones Darian L
Bought by
Reddy Suresh G and Gangareddy Chandra
Total Days on Market
29
Current Estimated Value
$282,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Outstanding Balance
$174,394
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$101,971

Purchase Details

Closed on
Jan 25, 2020
Sold by
Rekemeyer William Daniel and Rekemeyer Jacinta Priya
Bought by
Jones Darian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 4, 2018
Sold by
Hickman Road 2905 2907 Lc
Bought by
Rekemeyer William Daniel and Misra Jainta Priya
Seller's Agent
Michael Slavin
RE/MAX Precision
Buyer's Agent
Michael Reagan
RE/MAX Concepts
List Price
$181,000
Sold Price
$181,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$181,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 2013
Sold by
Tara Investments L L C
Bought by
Hedrick Properties L L C

Purchase Details

Closed on
Feb 28, 2011
Sold by
American Trust & Savings Bank
Bought by
Tara Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,806
Interest Rate
4.76%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Reddy Suresh G $236,000 None Available
Jones Darian $215,000 None Available
Rekemeyer William Daniel $181,000 None Available
Hedrick Properties L L C $136,000 None Available
Tara Investments Llc $104,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Suresh G $188,800
Previous Owner Jones Darian L $5,500
Previous Owner Jones Darian $202,350
Previous Owner Rekemeyer William Daniel $181,000
Previous Owner Tara Investments Llc $103,806
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $181,000 0.0% $116 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $181,000 -- $116 / 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 $4,846 $246,300 $39,000 $207,300
2023 $4,614 $246,300 $39,000 $207,300
2022 $4,580 $195,800 $32,600 $163,200
2021 $4,152 $195,800 $32,600 $163,200
2020 $4,314 $166,400 $28,700 $137,700
2019 $3,868 $166,400 $28,700 $137,700
2018 $3,828 $143,900 $24,300 $119,600
2017 $3,460 $143,900 $24,300 $119,600
2016 $3,370 $127,900 $21,100 $106,800
2015 $3,370 $127,900 $21,100 $106,800
2014 $3,092 $116,400 $19,100 $97,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 556437

Des Moines Area Association of REALTORS®

APN: 080-06586004000