NOT LISTED FOR SALE

2906 & 2908 E Madison Ave Des Moines, IA 50317

Douglas Acres Neighborhood

Estimated Value: $238,000 - $288,000

-- Bed
2 Baths
1,557 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $230,000 $148 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,757/month

Highlights

  • 2 Kitchens
  • No HOA
  • Laundry Room
  • Ranch Style House
  • Shades
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Call all Investors! This duplex is an opportunity to live on one side and rent the other OR simply rent both sides. Pride of ownership is evident with the NEWER roof and general upkeep of the inside and outside. Each side offers 2 bedrooms & a full bath. Step inside to the living room next to the large kitchen. Included is the refrigerator & stove with room for an eating area. The bedrooms are on either side of the full bath. The lower levels are finished and could be a family room or non-conforming bedroom. Plenty of storage can be found in the unfinished area. Relax on the deck on each unit overlooking the yard. This location is on the north side of Des Moines, near Ankeny and also an easy commute to downtown. Check out Neighborhood Finance for more information on $10,000 grant available to qualified buyers for certain home improvements.

Last Agent to Sell the Property

Pennie Carroll

Pennie Carroll & Associates Listed on: 06/01/2022

Last Buyer's Agent

Jeffrey Horner

Gillum Group Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,955

Year Built

  • Built in 1981

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 105x100

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,557 Sq Ft Home
  • Shades
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Laundry Room
  • Finished Basement

Kitchen

  • 2 Kitchens
  • Stove

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06001359003000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,955

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 144.51
  • Sp Amt Sq Ft: 147.72
  • Termite: Follow Showing Instructions
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Cable TV, Shades/Shutters, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Finished
  • Sq Ft Bsmt: 1557
  • Sq Ft Fin Bsmt: 1200
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1557
  • Total Sq Ft: 1557

Exterior Features

  • Exterior: Frame
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2410
  • Lot S F: 10500
  • Lot Shape: Regular
  • Lot Size: 105X100
  • Assessor Parcel Number: 06001359003000
  • Zoning: N1B

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Tenant, Janitor Tenant, Misc Exp Landlord, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 4955.00
  • Net Taxes: 4955.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 15, 2022
Sold by
Jdm Trust
Bought by
Abarca Jose M
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Jeffrey Horner
Gillum Group Real Estate LLC
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Current Estimated Value
$258,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,096
Avg. Annual Appreciation
3.21%
Original Mortgage
$184,000
Outstanding Balance
$176,499
Interest Rate
5.23%
Mortgage Type
Balloon
Estimated Equity
$77,849

Purchase Details

Closed on
Sep 4, 2008
Sold by
Samuell Howard Franklin and Samuell Laura L
Bought by
Mcneece John and Mcneece Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Abarca Jose M $230,000 None Listed On Document
Mcneece John $139,500 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abarca Jose M $184,000
Previous Owner Mcneece John $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $230,000 +2.2% $148 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $225,000 -- $145 / 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 $4,584 $233,000 $26,700 $206,300
2023 $4,584 $233,000 $26,700 $206,300
2022 $4,550 $194,500 $23,500 $171,000
2021 $4,422 $194,500 $23,500 $171,000
2020 $4,594 $177,200 $21,600 $155,600
2019 $4,212 $177,200 $21,600 $155,600
2018 $4,168 $156,700 $18,400 $138,300
2017 $3,906 $156,700 $18,400 $138,300
2016 $3,806 $144,400 $16,700 $127,700
2015 $3,806 $144,400 $16,700 $127,700
2014 $3,370 $131,600 $14,900 $116,700
Source: Public Records

Agents Affiliated with this Home

  • Pennie Carroll

    Seller's Agent in 2022

    Pennie Carroll

    Pennie Carroll & Associates

    (515) 490-8025

    6 in this area

    1,250 Total Sales

    Pennie Carroll
    Section Image
  • Jeffrey Horner

    Buyer's Agent in 2022

    Jeffrey Horner

    Gillum Group Real Estate LLC

    (515) 619-8592

    1 in this area

    123 Total Sales

    Jeffrey Horner
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 653213

Des Moines Area Association of REALTORS®

APN: 060-01359003000

Iowa Polk County Des Moines 50317 Douglas Acres

2906 & 2908 E Madison Ave, Des Moines, IA

This home is located at 2906 & 2908 E Madison Ave, Des Moines, IA 50317 since 01 June 2022 and is currently estimated at $258,096, approximately $165 per square foot. This property was built in 1981. 2906 & 2908 E Madison Ave is a home located in Polk County with nearby schools including Garton Elementary School, Goodrell Middle School, and North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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