NOT LISTED FOR SALE

340 E Mckinley Ave Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $220,000 - $264,000

4 Beds
4 Baths
2,080 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $89,000 $43 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,677/month

148 Days on Market

Highlights

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

About This Home

As of October 2012

Two bedrooms per side with very large master bedrooms with sliders out to a large deck. Also each side has one and one half baths. The rubber roof and siding was redone about 13 years ago and the air conditioner and furnace where replaced about 10 yrs ago. There is a basement area with washer and dryer hook ups. Both sides have newer dishwashers and counter tops. There is a 3 car garage in back. Priced below assessed value.

Last Agent to Sell the Property

Jeff Ott

RE/MAX Concepts Listed on: 05/21/2012

RE/MAX Concepts

Last Buyer's Agent

Kim McMaster

Platinum Realty LLC

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 8,211 Sq Ft Lot
  • Lot Dimensions are 69x119

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Gross Income $1,400

Listing and Financial Details

  • Assessor Parcel Number 12004472225000

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 12.00
  • Sp Amt Sq Ft: 11.00
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Full Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: No
  • Storage: Yes

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block
  • Paved: Yes
  • Sidewalk: 1

Garage/Parking

  • Off Street Parking: 3

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1900
  • Lot S F: 8211
  • Lot Size: 69X119
  • Assessor Parcel Number: 12004472225000
  • Zoning: R-S

Rental Info

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

Tax Info

  • Gross Taxes: 3466.00
  • Net Taxes: 3466.00
  • Assessor Parcel Number: 340EMCKINLEYAVEPOLKDESMOINE50315
  • Tax Year: 2011

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2012
Closed on
Oct 5, 2012
Sold by
Mendelsohn Karen J and Mendelsohn Labe L
Bought by
Mac Corporation Llc
Seller's Agent
Jeff Ott
RE/MAX Concepts
Buyer's Agent
Kim McMaster
Platinum Realty LLC
List Price
$115,000
Sold Price
$89,000
Premium/Discount to List
-$26,000
-22.61%
Current Estimated Value
$244,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,127
Avg. Annual Appreciation
8.45%
Original Mortgage
$89,000
Outstanding Balance
$63,580
Interest Rate
3.51%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$188,518

Purchase Details

Closed on
Jun 18, 2001
Sold by
Blackledge Virgil and Blackledge Haroletta W
Bought by
Erickson Raymond H and Erickson Judith A

Purchase Details

Closed on
Jun 13, 2001
Sold by
Erickson Raymond H and Erickson Judith A
Bought by
Mendelsohn Labe L and Mendelsohn Karen J

Purchase Details

Closed on
Dec 6, 2000
Sold by
Bank Of America Na
Bought by
Blackledge Virgil and Blackledge Haroletta W
Source: Public Records

Range of Values:

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Average Value
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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
Mac Corporation Llc -- None Available
Erickson Raymond H -- --
Mendelsohn Labe L $64,500 --
Blackledge Virgil $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mac Corporation Llc $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2012 10/16/12 Sold $89,000 -22.6% $43 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $115,000 -- $55 / 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 $4,166 $211,800 $32,800 $179,000
2023 $4,170 $211,800 $32,800 $179,000
2022 $4,138 $176,900 $28,600 $148,300
2021 $4,008 $176,900 $28,600 $148,300
2020 $4,164 $160,600 $25,800 $134,800
2019 $3,222 $160,600 $25,800 $134,800
2018 $3,190 $119,900 $22,200 $97,700
2017 $3,064 $119,900 $22,200 $97,700
2016 $2,986 $113,300 $20,600 $92,700
2015 $2,986 $113,300 $20,600 $92,700
2014 $2,918 $109,800 $19,600 $90,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeff Ott

    RE/MAX

    Section Image

  • K

    Buyer's Agent in 2012

    Kim McMaster

    Platinum Realty LLC

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 401533

Des Moines Area Association of REALTORS®

APN: 120-04472225000

Iowa Polk County Des Moines 50315 South Central DSM

340 E Mckinley Ave, Des Moines, IA

This home is located at 340 E Mckinley Ave, Des Moines, IA 50315 since 21 May 2012 and is currently estimated at $244,127, approximately $117 per square foot. This property was built in 1973. 340 E Mckinley Ave is a home located in Polk County with nearby schools including South Union 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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