3103 1st St Des Moines, IA 50313
Highland Park NeighborhoodEstimated Value: $171,000 - $203,509
--
Bed
3
Baths
1,343
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- 2 Kitchens
- Laundry Room
- Forced Air Heating and Cooling System
- No HOA
About This Home
As of May 2022Investment opportunity in this multy family where 2 families can live independent to each other and with potential to have a 3rd non conforming unit in the basement, so a total of 6 bedroom including 2 bedroom in each unit and 2 non conformed in the basement. Also, a full bath in each unit, plus a non conforming 1/2 Bath in the basement. The property is very well maintained and used to have a rental certificate that was not renewed. The property has good improvements such: siding, roofing, water heater, flooring, furnace and A/C. Also, recently a chicken coop has been added, and the chickens are reserved or can be negotiable. The back yard is fenced and has a gate to access back alley for more entrance options and parking space. Each unit has it's own gas meter.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,596
Year Built
- Built in 1911
Lot Details
- 6,070 Sq Ft Lot
- Irregular Lot
Parking
- Driveway
Home Design
- Brick Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 3 Bathrooms
- 1,343 Sq Ft Home
- 1.5-Story Property
- 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
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 07000636000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2022
Sold by
Hessing Eric N and Hessing Love N
Bought by
Love Adjei Investments Llc
Current Estimated Value
Purchase Details
Listed on
Jan 18, 2022
Closed on
May 11, 2022
Sold by
Felipa Dejesus Garcia
Bought by
Hessing Eric and Adjei-Hessing Love N
Seller's Agent
Elizabeth Zamora
Iowa Realty South
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$171,830
Interest Rate
5.27%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 16, 2010
Sold by
Pineda Noe Vides
Bought by
Garcia Felipa De Jesus
Purchase Details
Closed on
May 23, 2002
Sold by
Willis Wyvona L and Willis Wyvona
Bought by
Pineda Noe and Garcia Felipa J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,733
Interest Rate
6.95%
Mortgage Type
FHA
Similar Homes in Des Moines, IA
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Love Adjei Investments Llc | -- | None Listed On Document | |
| Hessing Eric | $175,000 | None Listed On Document | |
| Garcia Felipa De Jesus | -- | None Available | |
| Pineda Noe | $79,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hessing Eric | $171,830 | |
| Previous Owner | Garcia Felipa De Jesus | $67,010 | |
| Previous Owner | Pineda Noe | $77,733 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2022 05/12/22 | Sold | $175,000 | -2.8% | $130 / Sq Ft |
| 04/15/2022 04/15/22 | Pending | -- | -- | -- |
| 01/18/2022 01/18/22 | For Sale | $180,000 | -- | $134 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,196 | $162,500 | $23,500 | $139,000 |
| 2023 | $2,402 | $162,500 | $23,500 | $139,000 |
| 2022 | $2,174 | $101,900 | $18,800 | $83,100 |
| 2021 | $2,012 | $101,900 | $18,800 | $83,100 |
| 2020 | $2,084 | $89,200 | $16,600 | $72,600 |
| 2019 | $1,900 | $89,200 | $16,600 | $72,600 |
| 2018 | $1,874 | $79,200 | $14,600 | $64,600 |
| 2017 | $1,736 | $79,200 | $14,600 | $64,600 |
| 2016 | $1,686 | $72,700 | $13,400 | $59,300 |
| 2015 | $1,686 | $72,700 | $13,400 | $59,300 |
| 2014 | $1,638 | $72,900 | $13,300 | $59,600 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Zamora
Seller's Agent in 2022
Elizabeth Zamora
Iowa Realty South
(515) 229-7723
4 in this area
108 Total Sales
-
OUTSIDE AGENT
O
Buyer's Agent in 2022
OUTSIDE AGENT
OTHER
20 in this area
5,769 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 644307
APN: 070-00636000000
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