NOT LISTED FOR SALE

3325 59th St Des Moines, IA 50322

Merle Hay Neighborhood

Estimated Value: $323,000 - $377,000

-- Bed
2 Baths
2,256 Sq Ft
$157/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $210,000 $93 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,407/month

150 Days on Market

Highlights

  • 2 Kitchens
  • Storage
  • Forced Air Heating and Cooling System
  • Laundry Room

About This Home

As of July 2014

Nice duplex south of Merle Hay Mall. Each unit has 2 master bedrooms with private bathroom, 1st floor laundry, large living room with fireplace. 2 car attached garage. Separate full basements. Fenced backyard. South unit vacant.

Last Agent to Sell the Property

John Akers

Iowa Realty South Listed on: 11/01/2013

Iowa Realty South

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,115

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 93x125

Parking

  • 4 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Storage
  • Laundry Room
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10002823002000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $257
  • Gross Income $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,115

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 19.00
  • Sp Amt Sq Ft: 18.00
  • Termite: Follow Showing Instructions
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Full Bathrooms: 4
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Half Bathrooms: 2

Exterior Features

  • Exterior: Frame
  • Foundation: Poured
  • Paved: Yes
  • Sidewalk: 1

Garage/Parking

  • Garage: 4 Attached
  • Off Street Parking: 4

Utilities

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

Condo/Co-op/Association

  • Manager: No

Fee Information

  • Total Expense: 257

Lot Info

  • Acres: 0.2670
  • Lot S F: 11625
  • Lot Size: 93x125
  • Assessor Parcel Number: 10002823002000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 5115.00
  • Net Taxes: 4886.00
  • Assessor Parcel Number: 332559THSTPOLKDESMOINE50322
  • Tax Year: 2012

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Jul 31, 2014
Sold by
Davis Dallas A and Davis Spero K
Bought by
Jennings Jack E
Seller's Agent
John Akers
Iowa Realty South
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$354,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,985
Avg. Annual Appreciation
4.74%
Original Mortgage
$160,000
Outstanding Balance
$122,009
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$232,976

Purchase Details

Closed on
Jun 28, 2002
Sold by
Sunset Co Lc
Bought by
Davis Dallas A and Davis Spero K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jennings Jack E $210,000 None Available
Davis Dallas A $174,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Jack E $160,000
Previous Owner Davis Dallas A $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $210,000 -6.7% $93 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
11/01/2013 11/01/13 For Sale $225,000 -- $100 / 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
2025 $6,450 $358,000 $53,900 $304,100
2024 $6,450 $327,900 $48,700 $279,200
2023 $7,012 $327,900 $48,700 $279,200
2022 $6,958 $297,500 $42,300 $255,200
2021 $6,788 $297,500 $42,300 $255,200
2020 $7,052 $272,000 $38,600 $233,400
2019 $6,584 $272,000 $38,600 $233,400
2018 $6,518 $245,000 $34,000 $211,000
2017 $6,040 $245,000 $34,000 $211,000
2016 $5,884 $223,300 $30,300 $193,000
2015 $5,884 $223,300 $30,300 $193,000
2014 $5,108 $211,800 $28,300 $183,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    John Akers

    Iowa Realty South

    Section Image

  • O

    Buyer's Agent in 2014

    OUTSIDE AGENT

    OTHER

    33 in this area

    5,686 Total Sales

    OUTSIDE AGENT
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 427009

Des Moines Area Association of REALTORS®

APN: 100-02823002000

Iowa Polk County Des Moines 50322 Merle Hay

3325 59th St, Des Moines, IA

Not Listed for Sale

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