NOT LISTED FOR SALE

3406 S Union St Des Moines, IA 50315

Watrous Heights Neighborhood

Estimated Value: $215,612 - $241,000

-- Bed
1 Bath
1,539 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $207,000 $135 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,617/month

37 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Laundry Room

About This Home

As of July 2021

Duplex features 2- 2 bedroom 1 bath units with kitchen appliances included. 3406 has a walk out partially finished basements. Rents are $950 and $850 but could easily be raised. Each tenant is on a month to month lease.

Last Listed By

Seth Walker

RE/MAX Concepts Listed on: 06/23/2021

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,904

Year Built

  • Built in 1970

Lot Details

  • 8,052 Sq Ft Lot
  • Lot Dimensions are 71x112

Home Design

  • 1,539 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Additional Features

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 01000462003000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,904

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 142.95
  • Sp Amt Sq Ft: 134.50
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 1539
  • Kitchens: 2
  • Laundry: Yes
  • Living Area Sq Ft: 1539
  • Total Sq Ft: 1539

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block

Garage/Parking

  • Off Street Parking: 6

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1850
  • Lot S F: 8052
  • Lot Size: 71X112
  • Assessor Parcel Number: 01000462003000
  • Zoning: N3A

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Electric Tenant, Gas Tenant, Water Landlord

Tax Info

  • Gross Taxes: 3904.00
  • Net Taxes: 3904.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Timberline Consulting Llc
Bought by
Barten Jerry H
Total Days on Market
37
Current Estimated Value
$229,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$294,919
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$68,729

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 26, 2021
Sold by
Groff Walter E
Bought by
Timberline Consulting Llc
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Juliana Kincheloe
Iowa Realty South
List Price
$220,000
Sold Price
$207,000
Premium/Discount to List
-$13,000
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%

Purchase Details

Closed on
May 2, 2017
Sold by
Groff Angel Lem and Groff Lem
Bought by
Groff Walter E

Purchase Details

Closed on
Apr 10, 2017
Sold by
Groff Angel Lem
Bought by
Groff Walter E

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
  • 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
  • 349 E Rose Ave, Des Moines, IA 50315

    $234,000

    • Studio
    • 2 Baths
    • 1,408 Sq Ft
    • 349 E Rose Ave
    • Des Moines, IA

    Fantastic opportunity for investors! This turnkey income-producing duplex is fully leased with a current rental certificate, offering immediate cash flow and peace of mind. Each unit features 2 bedrooms and 1 bathroom with separately metered utilities and walkout basements situated on nearly half an acre lot in a quiet neighborhood. Don’t miss this opportunity to add a solid, income-producing

    Ryan Rivera Zealty Home Advisors

    Section Image
  • 124 E Olinda Ave, Des Moines, IA 50315

    $255,000

    • Studio
    • 2 Baths
    • 2,422 Sq Ft
    • 124 E Olinda Ave
    • Des Moines, IA

    Great investment opportunity in a great location near downtown Des Moines! This duplex offers versatility—perfect for an owner-occupant looking to offset their mortgage or for an investor seeking strong rental potential. Each unit features 3 bedrooms and 1 full bathroom, each unit includes a stove and refrigerator. Unit 1 is located on the upper level, while Unit 2 is on the main floor, offering

    Misty Darling BH&G Real Estate Innovations

    Section Image
  • 1505 E Court Ave, Des Moines, IA 50316

    $186,500

    • Studio
    • 1 Bath
    • 1,683 Sq Ft
    • 1505 E Court Ave
    • Des Moines, IA

    Located near State Capital and convenient to downtown Des Moines. Each side hosts 2 bedrooms, 1 bath and an enclosed front porch. All appliances stay. Each unit is metered separately. Presently tenants pay electric, gas, water, and garbage. Ample off street parkin in back.

    Eldon Hutcheson Nerem & Assoc.

    Section Image
  • 2300 Dean Ave, Des Moines, IA 50317

    $200,000

    • Studio
    • 2 Baths
    • 864 Sq Ft
    • 2300 Dean Ave
    • Des Moines, IA

    Freshly renovated from top to bottom, this charming duplex is a fantastic investment or owner-occupant opportunity! Each unit features 1 bedroom, 1 full bath, a beautifully remodeled kitchen, and a cozy living room. The entire property has been updated with new LVP flooring, fresh paint, and modern finishes throughout. The kitchens boast brand-new appliances, including dishwashers, while the

    Timothy Scheib RE/MAX Precision

    Section Image
  • 1161 21st St, Des Moines, IA 50311

    $184,900

    • Studio
    • 2 Baths
    • 2,214 Sq Ft
    • 1161 21st St
    • Des Moines, IA

    2+ story top-bottom duplex with both units currently occupied. $1550 monthly gross rent. Unit 1: 2 BR, 1 BA rents at $750/mo. New kitchen cabinet, countertop, sink, faucet, & some fresh paint in Feb. 2025. Unit 2 is a 2 BR, 1 BA with additional finished attic currently being used as a BR that rents at $800/mo. New toilet in BA, new flooring in BA & kitchen, some new light fixtures, and some fresh

    Ingrid L. Roose BHHS First Realty Westown

    Section Image
  • 620 38th St, Des Moines, IA 50312

    $189,900

    • Studio
    • 2 Baths
    • 1,410 Sq Ft
    • 620 38th St
    • Des Moines, IA

    Two-story duplex income producing property. Tenants pay on time at $889 and $725 monthly. This offers the opportunity for a turn-key investment with an active rental certificate which was renewed January 2025. Several updates over past couple of years including a new roof and several windows changed out to vinyl.

    Matt Cole RE/MAX Concepts

    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
Barten Jerry H $200,000 None Listed On Document
Timberline Consulting Llc $207,000 None Available
Groff Walter E -- None Available
Groff Walter E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barten Jerry H $296,000
Previous Owner Timberline Consulting Llc $150,000
Previous Owner Timberline Consulting Llc $155,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $207,000 -5.9% $135 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $220,000 -- $143 / 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 $4,022 $204,400 $28,600 $175,800
2023 $3,958 $204,400 $28,600 $175,800
2022 $3,926 $167,900 $24,700 $143,200
2021 $3,758 $167,900 $24,700 $143,200
2020 $3,904 $150,600 $22,000 $128,600
2019 $3,602 $150,600 $22,000 $128,600
2018 $3,564 $134,000 $18,800 $115,200
2017 $3,334 $134,000 $18,800 $115,200
2016 $3,250 $123,300 $17,300 $106,000
2015 $3,250 $123,300 $17,300 $106,000
2014 $3,176 $124,000 $17,000 $107,000
Source: Public Records

Agents Affiliated with this Home

  • Seth Walker

    Seller's Agent in 2021

    Seth Walker

    RE/MAX

    (515) 577-3728

    1 in this area

    543 Total Sales

    Seth Walker
    Section Image
  • Juliana Kincheloe

    Buyer's Agent in 2021

    Juliana Kincheloe

    Iowa Realty South

    (515) 554-7653

    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 632117

Des Moines Area Association of REALTORS®

APN: 010-00462003000

Iowa Polk County Des Moines 50315 Watrous Heights

3406 S Union St, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 3406 S Union St, Des Moines, IA 50315 since 23 June 2021 and is currently estimated at $229,153, approximately $148 per square foot. This property was built in 1970. 3406 S Union St is a home located in Polk County with nearby schools including Park Avenue Elementary School, Brody 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.

Nearby Homes