$200,000
SOLD JUN 30, 2025

316 Walnut St de Soto, IA 50069

-- Bed
2 Baths
1,196 Sq Ft
8,520 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

7% Below List Price

4 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • DeSoto Intermediate School Rated 9+
  • No HOA
  • 5-minute walk to Little Bridge City Park

About This Home

As of June 2025

Investor alert! This 2 unit duplex in Desoto has an upstairs unit with 3 beds 1 bath and a downstairs unit with 2 bed 1 bath. Many updates have been done. The upstairs unit has long term tenants and the downstairs unit is currently rented with a new tenant coming in July. Tenants pay gas and electric and landlord pays the water. Call you agent to day to see this investment opportunity

Last Agent to Sell the Property

Sarah Cowman

Homefront Real Estate, LLC Listed on: 06/02/2025

Last Buyer's Agent

Ian Sparks

Homefront Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1964

Lot Details

  • 8,520 Sq Ft Lot
  • Lot Dimensions are 60x142

Home Design

  • 1,196 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Additional Features

  • 2 Kitchens
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1530112003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,492

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 179.77
  • Sp Amt Sq Ft: 167.22
  • Termite: Call Listing Agent
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Sq Ft Bsmt: 1196
  • Sq Ft Fin Bsmt: 1026
  • Kitchens: 2
  • Living Area Sq Ft: 1196
  • Total Sq Ft: 1196

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.1956
  • Lot S F: 8520
  • Lot Shape: Regular
  • Lot Size: 60X142
  • Assessor Parcel Number: 1530112003
  • Zoning: Res

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Water Landlord

Tax Info

  • Gross Taxes: 2492.00
  • Net Taxes: 2492.00

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2025
Closed on
Jun 30, 2025
Sold by
Clear Skies Investments Llc
Bought by
Complete Properties Llc
Seller's Agent
Sarah Cowman
Homefront Real Estate, LLC
Buyer's Agent
Ian Sparks
Homefront Real Estate, LLC
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.94%
Original Mortgage
$200,000
Outstanding Balance
$200,000
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$9,925

Purchase Details

Closed on
Jan 13, 2023
Sold by
Marple Properties Llc
Bought by
Clear Skies 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
$131,200
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2020
Closed on
Sep 30, 2020
Sold by
Adel Apartments Llc
Bought by
Marple Properties Llc
Seller's Agent
Terry Anderson
RE/MAX Revolution
Buyer's Agent
Terry Anderson
RE/MAX Revolution
List Price
$134,900
Sold Price
$129,500
Premium/Discount to List
-$5,400
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$98,832
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2020
Closed on
Sep 20, 2020
Sold by
Adel Apartments Llc
Bought by
Marple Properties Llc
Seller's Agent
Terry Anderson
RE/MAX Revolution
Buyer's Agent
Terry Anderson
RE/MAX Revolution
List Price
$134,900
Sold Price
$129,500
Premium/Discount to List
-$5,400
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,832
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2017
Sold by
Dj Properties Lc
Bought by
Adel Apartments Llc

Purchase Details

Closed on
Sep 24, 2009
Sold by
Federal National Mortgage Association
Bought by
Dj Properties Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2009
Sold by
Everhome Mortgage Co
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 6, 2005
Sold by
Bardwell Enterprises Inc
Bought by
Bardwell Oliver and Bardwell Kimberly
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $200,000 None Listed On Document
Warranty Deed $200,000 None Listed On Document
Warranty Deed $164,000 --
Warranty Deed $206,400 Krell Leanne K
Warranty Deed $129,500 None Available
Warranty Deed $112,500 None Available
Special Warranty Deed -- None Available
Warranty Deed $89,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Closed $200,000 Credit Line Revolving
Previous Owner $131,200 New Conventional
Previous Owner $98,832 New Conventional
Previous Owner $98,832 Future Advance Clause Open End Mortgage
Previous Owner $105,000 Unknown
Previous Owner $57,600 Purchase Money Mortgage
Previous Owner $50,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $200,000 -7.0% $167 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $215,000 +66.0% $180 / Sq Ft
09/30/2020 09/30/20 Sold $129,500 -4.0% $108 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $134,900 -- $113 / 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 $2,490 $153,540 $21,420 $132,120
2023 $2,490 $146,280 $21,420 $124,860
2022 $2,458 $127,830 $21,420 $106,410
2021 $2,458 $129,570 $21,420 $108,150
2020 $2,340 $116,940 $21,420 $95,520
2019 $2,366 $116,940 $21,420 $95,520
2018 $2,366 $112,880 $21,420 $91,460
2017 $2,468 $119,420 $7,340 $112,080
2016 $2,254 $117,680 $7,340 $110,340
2015 $2,238 $111,870 $0 $0
2014 $2,238 $98,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 719343

Des Moines Area Association of REALTORS®

APN: 15-30-112-003