NOT LISTED FOR SALE

Estimated Value: $260,000 - $314,000

-- Bed
4 Baths
2,225 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $192,500 $87 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,905/month

64 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • 0.44 Acre Lot
  • Laundry Room
  • Carpet

About This Home

As of October 2018

Great income property. This duplex features two 2 bedroom, 2 full bathroom units with full basement. All appliances are included with the property. Both units are fully updated and are currently leased for a gross income of $1875 monthly. All utilities are tenant paid.

Last Agent to Sell the Property

Nolan Bonnstetter

Space Simply Listed on: 08/01/2018

Last Buyer's Agent

Mitch Dunn

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,405

Year Built

  • Built in 1960

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 83x231

Parking

  • Driveway

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,225 Sq Ft Home
  • 1.5-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10007643001000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,405

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 89.89
  • Sp Amt Sq Ft: 86.52
  • Termite: Follow Showing Instructions
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Dishwashers: 2
  • Disposals: 1
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Cable TV, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2225
  • Total Sq Ft: 2225

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Lot Info

  • Acres: 0.4380
  • Lot S F: 19058
  • Lot Size: 83X231
  • Assessor Parcel Number: 10007643001000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 4405.00
  • Net Taxes: 4405.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 4, 2018
Sold by
Bonn Properties Llc
Bought by
Komm Tetyana and Komm Dmitriy
Seller's Agent
Nolan Bonnstetter
Space Simply
Buyer's Agent
Mitch Dunn
RE/MAX Precision
List Price
$200,000
Sold Price
$192,500
Premium/Discount to List
-$7,500
-3.75%
Current Estimated Value
$285,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,510
Avg. Annual Appreciation
5.66%
Original Mortgage
$144,375
Outstanding Balance
$125,644
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$159,366

Purchase Details

Closed on
Mar 31, 2016
Sold by
Scott Max
Bought by
Bonnstetter Angela and Bonnstetter James

Purchase Details

Closed on
Mar 13, 2009
Sold by
Scott Max D
Bought by
Johnson John Aaron and Johnson Shelly Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 28, 2006
Sold by
Hand Crafted Homes Inc
Bought by
Scott Max

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.38%
Mortgage Type
Fannie Mae Freddie Mac
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
Komm Tetyana $192,500 None Available
Bonnstetter Angela $156,000 None Available
Johnson John Aaron $155,000 None Available
Scott Max $137,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Komm Tetyana $144,375
Previous Owner Johnson John Aaron $140,000
Previous Owner Scott Max $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2018 10/16/18 Sold $192,500 -3.8% $87 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $200,000 -- $90 / 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 $4,852 $273,500 $68,100 $205,400
2024 $4,852 $246,600 $60,500 $186,100
2023 $4,804 $246,600 $60,500 $186,100
2022 $4,766 $203,800 $52,500 $151,300
2021 $4,702 $203,800 $52,500 $151,300
2020 $4,884 $188,400 $48,300 $140,100
2019 $4,450 $188,400 $48,300 $140,100
2018 $4,406 $165,600 $42,100 $123,500
2017 $4,124 $165,600 $42,100 $123,500
2016 $4,018 $152,500 $38,300 $114,200
2015 $4,018 $152,500 $38,300 $114,200
2014 $3,876 $145,900 $36,100 $109,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 566612

Des Moines Area Association of REALTORS®

APN: 100-07643001000