3403 Forest Ave Des Moines, IA 50311
Drake NeighborhoodEstimated Value: $222,667 - $247,000
--
Bed
4
Baths
2,398
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- 4 Kitchens
- No HOA
- Forced Air Heating System
About This Home
As of March 20214 Unit Investment Opportunity.
2 - 2 bedroom 1 bath
1- 1 bedroom 1 bath
1 - Studio 1 bath
All solid renters - pay their own utilities
Email me for Financials
Soldbyvasquez@gmail.co
All information obtained from Seller and public records.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1896
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 70x157
Parking
- Driveway
Home Design
- Brick Exterior Construction
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
- Stucco
Interior Spaces
- 2,398 Sq Ft Home
- 3-Story Property
Kitchen
- 4 Kitchens
- Stove
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 10004116001001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2021
Closed on
Mar 19, 2021
Sold by
G L P Lc
Bought by
Im Home Llc
Seller's Agent
Thomas Vasquez
Keller Williams Realty GDM
Buyer's Agent
Amy Wilkins
RE/MAX Concepts
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Total Days on Market
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,834
Avg. Annual Appreciation
6.68%
Original Mortgage
$36,000
Outstanding Balance
$23,375
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$212,442
Purchase Details
Listed on
Jan 25, 2021
Closed on
Mar 18, 2021
Sold by
Im Home Llc
Bought by
Patwa Karen
Seller's Agent
Thomas Vasquez
Keller Williams Realty GDM
Buyer's Agent
Amy Wilkins
RE/MAX Concepts
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Outstanding Balance
$23,375
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$212,442
Purchase Details
Closed on
Jan 16, 2015
Sold by
G L P Lc
Bought by
Zircher Lori
Purchase Details
Closed on
Sep 2, 2014
Sold by
Glp Lc
Bought by
Capital Properties Llc
Purchase Details
Closed on
Jul 7, 2009
Sold by
Updegraff Gary
Bought by
Updegraff Lynette
Purchase Details
Closed on
Jan 31, 1996
Sold by
Jenkins Richard B and Jenkins Janet J
Bought by
Updegraff Gary L and Updegraff Lynette
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Im Home Llc | -- | None Available | |
| Patwa Karen | $180,000 | None Available | |
| Zircher Lori | $97,500 | None Available | |
| Capital Properties Llc | -- | None Available | |
| Updegraff Lynette | -- | None Available | |
| Updegraff Gary L | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Im Home Llc | $36,000 | |
| Open | Patwa Karen | $144,000 | |
| Closed | Zircher Lori | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2021 03/19/21 | Sold | $180,000 | -10.0% | $75 / Sq Ft |
| 03/10/2021 03/10/21 | Pending | -- | -- | -- |
| 01/25/2021 01/25/21 | For Sale | $200,000 | -- | $83 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $4,722 | $240,000 | $34,900 | $205,100 |
| 2023 | $4,596 | $240,000 | $34,900 | $205,100 |
| 2022 | $5,372 | $195,000 | $29,200 | $165,800 |
| 2021 | $4,778 | $195,000 | $29,200 | $165,800 |
| 2020 | $5,366 | $160,000 | $26,500 | $133,500 |
| 2019 | $4,710 | $160,000 | $26,500 | $133,500 |
| 2018 | $5,010 | $133,000 | $26,500 | $106,500 |
| 2017 | $4,702 | $133,000 | $26,500 | $106,500 |
| 2016 | $4,904 | $120,000 | $22,000 | $98,000 |
| 2015 | $4,904 | $120,000 | $22,000 | $98,000 |
| 2014 | $4,878 | $107,000 | $22,000 | $85,000 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Vasquez
Seller's Agent in 2021
Thomas Vasquez
Keller Williams Realty GDM
(515) 223-9492
4 in this area
156 Total Sales
-
Amy Wilkins
Buyer's Agent in 2021
Amy Wilkins
RE/MAX
(515) 318-1633
6 in this area
125 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 621261
APN: 100-04116001001
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