NOT LISTED FOR SALE

3220 SE 5th St Des Moines, IA 50315

Indianola Hills Neighborhood

Estimated Value: $239,536 - $262,000

4 Beds
3 Baths
1,830 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 26, 2013

Last sale price $119,900 $66 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,736/month

251 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Ranch Style House

About This Home

As of December 2013

Ranch duplex with 1830 sq ft of excellent investment opportunity. Each unit offers 2 BR, 1 BA, laundry area and full basement. Full kitchens complete with all the appliances. Separate meters, driveway parking and deck space. Newer central air for both units. Both units currently occupied providing instant cash flow. Centrally located for great accessibility to all amenities.

Last Agent to Sell the Property

Lowell Bauer

BHHS First Realty East Regional Listed on: 04/19/2013

Co-Listed By

Jennifer Silverthorn

RE/MAX Precision

Last Buyer's Agent

Jami Bassman Ahart

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 85x200

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction

Additional Features

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 01003913001000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $425
  • Gross Income $1,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 7.00
  • Sp Amt Sq Ft: 7.00
  • Termite: Follow Showing Instructions
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Full Bathrooms: 1
  • Basement Description: Finished
  • Kitchens: 2
  • Laundry: Yes
  • Storage: No
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block
  • Paved: No

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 1

Condo/Co-op/Association

  • Manager: No

Fee Information

  • Total Expense: 425

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.3900
  • Lot S F: 17000
  • Lot Size: 85x200
  • Assessor Parcel Number: 01003913001000
  • Zoning: RES

Rental Info

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

Tax Info

  • Gross Taxes: 3350.00
  • Net Taxes: 3350.00
  • Assessor Parcel Number: 3220SE5THSTPOLKDESMOINE50315
  • Tax Year: 2013

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 19, 2013
Closed on
Dec 17, 2013
Sold by
The Estate Of Freda Kay Farwell
Bought by
Davis Mark A
Seller's Agent
Lowell Bauer
BHHS First Realty East Regional
Buyer's Agent
Jami Bassman Ahart
RE/MAX Concepts
List Price
$119,900
Sold Price
$119,900
Current Estimated Value
$255,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,271
Avg. Annual Appreciation
6.11%
Original Mortgage
$95,000
Interest Rate
4.38%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Davis Mark A $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mmr Enterprises Llc $1,310,000
Closed Davis Mark A $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2013 12/26/13 Sold $119,900 0.0% $66 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $119,900 -- $66 / 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 $4,150 $211,000 $34,900 $176,100
2023 $4,126 $211,000 $34,900 $176,100
2022 $4,096 $175,100 $30,200 $144,900
2021 $3,858 $175,100 $30,200 $144,900
2020 $4,008 $154,600 $26,900 $127,700
2019 $3,684 $154,600 $26,900 $127,700
2018 $3,671 $137,100 $23,000 $114,100
2017 $3,454 $137,100 $23,000 $114,100
2016 $3,366 $127,700 $21,100 $106,600
2015 $3,366 $127,700 $21,100 $106,600
2014 $3,670 $143,300 $19,500 $123,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lowell Bauer

    BHHS First Realty East Regional

  • Jennifer Silverthorn

    Seller Co-Listing Agent in 2013

    Jennifer Silverthorn

    RE/MAX

    61 Total Sales

    Section Image
  • Jami Bassman Ahart

    Buyer's Agent in 2013

    Jami Bassman Ahart

    RE/MAX

    (515) 279-6700

    25 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 416402

Des Moines Area Association of REALTORS®

APN: 010-03913001000

Iowa Polk County Des Moines 50315 Indianola Hills

3220 SE 5th St, Des Moines, IA

This home is located at 3220 SE 5th St, Des Moines, IA 50315 since 19 April 2013 and is currently estimated at $253,384, approximately $138 per square foot. This property was built in 1979. 3220 SE 5th St is a home located in Polk County with nearby schools including Howe Elementary School, Weeks Middle School, and Lincoln 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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