NOT LISTED FOR SALE

3220 Franklin Ave Des Moines, IA 50310

Beaverdale Neighborhood

Estimated Value: $250,000 - $288,384

-- Bed
3 Baths
1,868 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $160,000 $86 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,923/month

45 Days on Market

Highlights

  • 3 Kitchens
  • Ranch Style House
  • Laundry Room
  • 272 Acre Lot
  • No HOA
  • Storage

About This Home

As of June 2018

The 3 bedroom 2 bath is actually a 4 bedroom unit. Unit to be sold with similar duplex property 3214 Franklin Ave.

Last Listed By

Randy Kramer

Iowa Realty Mills Crossing Listed on: 04/30/2018

Iowa Realty Mills Crossing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 272 Acre Lot
  • Lot Dimensions are 64 x 182

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,868 Sq Ft Home
  • Storage
  • Laundry Room
  • Walk-Out Basement
  • 3 Kitchens

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10009876004000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1,170
  • Gross Income $2,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 107.07
  • Sp Amt Sq Ft: 85.65
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 1
  • Disposals: 2
  • Refrigerators: 3
  • Stoves Total: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 2
  • Basement Description: Partial Finished, Walkout
  • Sq Ft Bsmt: 1868
  • Kitchens: 3
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 1868
  • Total Sq Ft: 1868

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Paved: Yes
  • Sidewalk: Y

Garage/Parking

  • Garage: 2 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 1170

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 272.0000
  • Lot S F: 11829
  • Lot Size: 64 X 182
  • Assessor Parcel Number: 10009876004000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 5184.00
  • Net Taxes: 5184.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jun 14, 2018
Sold by
Granseth George J and Granseth Sandra M
Bought by
Jmk Homes Llc
Seller's Agent
Randy Kramer
Iowa Realty Mills Crossing
Buyer's Agent
Jason Kohles
Summit Real Estate Group
List Price
$200,000
Sold Price
$160,000
Premium/Discount to List
-$40,000
-20%
Total Days on Market
45
Current Estimated Value
$268,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,346
Avg. Annual Appreciation
8.52%

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

Similar Homes in Des Moines, IA

  • 1527 Forest Ave, Des Moines, IA 50314

    $249,000

    • Studio
    • 2 Baths
    • 3,729 Sq Ft
    • 1527 Forest Ave
    • Des Moines, IA

    Turnkey duplex opportunity at 1527 Forest Ave in Des Moines—perfect for investors! This solid brick and stucco property features two spacious 2-bed/1-bath units, both with original hardwood floors, updated electrical, and composite windows. Recent exterior upgrades include a brand-new roof, soffit, gutters, and fascia. Located directly across from a park on a corner lot, the property offers

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 2900 High St, Des Moines, IA 50312

    $285,000

    • Studio
    • 2 Baths
    • 3,146 Sq Ft
    • 2900 High St
    • Des Moines, IA

    Fantastic income-producing duplex just one block from Ingersoll Avenue! This well-maintained property features two spacious units, large kitchens with dining areas, and bright, open living spaces. There are separate laundry units in the basement for each unit. Recent updates include a new roof (2022), foundation repair (2023), electrical panels have been upgraded to 200 A service and the wiring

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 4025 54th St, Des Moines, IA 50310

    $260,000

    • Studio
    • 2 Baths
    • 1,358 Sq Ft
    • 4025 54th St
    • Des Moines, IA

    4025 54th St is a rock-solid duplex that makes sense from every angle—whether you're a first-time house hacker or a seasoned investor looking to expand your portfolio. With both units currently vacant, you're free to move in and offset your mortgage with rental income, or lease out both sides at market rent with zero downtime. The property includes an upper 3-bedroom, 1-bath unit and a lower

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1513 Des Moines St, Des Moines, IA 50316

    $230,000

    • Studio
    • 3 Baths
    • 2,806 Sq Ft
    • 1513 Des Moines St
    • Des Moines, IA

    Welcome to 1513 Des Moines Street, a prime multi-unit investment property in the heart of Des Moines. This 3-unit multiplex presents an excellent opportunity for investors seeking immediate rental income with built-in occupancy. Two of the three units are already filled, providing steady cash flow from day one. The property offers three distinct rental units, each with its own full bathroom. The

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 2400 SE 8th St, Des Moines, IA 50315

    $259,000

    • Studio
    • 3 Baths
    • 2,140 Sq Ft
    • 2400 SE 8th St
    • Des Moines, IA

    Investor opportunity in the heart of Des Moines! Located at 2400 SE 8th St, this multi-family property offers strong rental potential with three separate units—two 1-bed/1-bath units and one 2-bed/1-bath unit—spread across 2,140 sq ft of living space. The property has a masonry foundation, an unfinished basement for additional storage, and off-street parking potential. With each unit already

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 1208 West St, Des Moines, IA 50315

    $245,000

    • Studio
    • 3 Baths
    • 1,876 Sq Ft
    • 1208 West St
    • Des Moines, IA

    This is a great turnkey rental property. Consists of a 964 sqft 2 bedroom raised ranch home with afinishable 3rd bedroom in the basement and a duplex each side consists of 1 bed 1 bath units. The single-family home does have a full basement with separate furnaces and a very nice two-car garage! Total rentis 2600 and Landlord pays for utilities. Both of the properties have a newer roof

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1134 39th St, Des Moines, IA 50311

    $252,000

    • Studio
    • 2 Baths
    • 2,187 Sq Ft
    • 1134 39th St
    • Des Moines, IA

    Charming Duplex in Des Moines. Ideal Investment Opportunity! Nestled in a quiet cul-de-sac street just off University Avenue, this well-maintained duplex is perfect for investors. The main level unit is currently occupied by long-term tenants and features 2 bedrooms, 1 bath, a cozy living room, formal dining room, kitchen, and an additional office/bonus room. The basement provides ample extra

    Tim Hegwood PMI Realty Central Iowa

    Section Image
  • 1152 27th St, Des Moines, IA 50311

    $240,000

    • Studio
    • 3 Baths
    • 2,704 Sq Ft
    • 1152 27th St
    • Des Moines, IA

    1150-1152 duplex very close to Drake! Main level unit offers 3 bedrooms, 2 full baths, kitchen and laundry. The upper level unit has 3 bedrooms, 1 full bath and kitchen. House has recently been fixed up. The current owner has not rented it since he purchased. Units have separate gas and electric meters. New concrete driveway and parking pad in the back. Shingles were replaced 2018 per prior

    Benjamin Van Zee RE/MAX Precision

    Section Image
  • 1608 Mondamin Ave, Des Moines, IA 50314

    $245,000

    • Studio
    • 2 Baths
    • 1,056 Sq Ft
    • 1608 Mondamin Ave
    • Des Moines, IA

    Newly updated Duplex. I bed 1 bath on each side. With 2 non conforming bedrooms and living space in the basement. New roof, siding, gutters, mechanicals, plumbing and electrical in basement. Permits pulled so home could be eligible for a tax abatement. Call the city of Des Moines for the details. Yard is fully fenced. Driveways for parking off street as well.

    Joanne May RE/MAX Revolution

    Section Image
See All Homes in Des Moines

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
Jmk Homes Llc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jmk Homes Llc $150,000
Closed Jmk Homes Llc $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $160,000 -20.0% $86 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $200,000 -- $107 / 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 $5,046 $256,500 $48,400 $208,100
2023 $4,982 $256,500 $48,400 $208,100
2022 $4,944 $211,400 $41,900 $169,500
2021 $4,848 $211,400 $41,900 $169,500
2020 $5,038 $194,300 $38,300 $156,000
2019 $5,272 $194,300 $38,300 $156,000
2018 $5,220 $196,200 $33,500 $162,700
2017 $4,806 $196,200 $33,500 $162,700
2016 $4,682 $177,700 $29,900 $147,800
2015 $4,682 $177,700 $29,900 $147,800
2014 $4,082 $159,400 $26,200 $133,200
Source: Public Records

Agents Affiliated with this Home

  • Randy Kramer

    Seller's Agent in 2018

    Randy Kramer

    Iowa Realty Mills Crossing

    (515) 240-8418

    3 in this area

    87 Total Sales

    Randy Kramer
    Section Image

  • J

    Buyer's Agent in 2018

    Jason Kohles

    Summit Real Estate Group

    (515) 669-7539

    1 in this area

    20 Total Sales

    Jason Kohles
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 559849

Des Moines Area Association of REALTORS®

APN: 100-09876004000

Iowa Polk County Des Moines 50310 Beaverdale

3220 Franklin Ave, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 3220 Franklin Ave, Des Moines, IA 50310 since 30 April 2018 and is currently estimated at $268,346, approximately $143 per square foot. This property was built in 1963. 3220 Franklin Ave is a home located in Polk County with nearby schools including Monroe Elementary School, Meredith Middle School, and Hoover 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.

Nearby Homes