348 51st St Des Moines, IA 50312
Westwood Neighborhood
--
Bed
1
Bath
3,100
Sq Ft
0.39
Acres
Highlights
- 2 Kitchens
- No HOA
- Laundry Room
- Wood Flooring
About This Home
As of July 2020Terrific South of Grand duplex with gross potential rents at $3,000 a Month! Great shape! New deck on the rear with tons of privacy. Bottom unit rented out at $1,550 mo and lease ends in June. This would make a great owner occupied situation OR fill the upstairs unit and keep it as an investment. Very easy to see so call your Realtor today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,123
Year Built
- Built in 1925
Lot Details
- 0.39 Acre Lot
- Lot Dimensions are 67x252
Parking
- 1 Car Attached Garage
Home Design
- Brick Exterior Construction
- Asphalt Shingled Roof
Interior Spaces
- 1 Full Bathroom
- 3,100 Sq Ft Home
- 2-Story Property
- Laundry Room
- Unfinished Basement
Kitchen
- 2 Kitchens
- Stove
- Dishwasher
Flooring
- Wood
- Tile
Utilities
- Window Unit Cooling System
- Radiant Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 09001795000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2020
Closed on
Jun 24, 2020
Sold by
Rrc Investment Holdings Llc
Bought by
Tood Kelli M
Seller's Agent
Neil Timmins
Space Simply
Buyer's Agent
Marceen Peters
RE/MAX Precision
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Total Days on Market
59
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
$86,595
Avg. Annual Appreciation
5.50%
Original Mortgage
$15,750
Interest Rate
3.1%
Mortgage Type
Stand Alone Second
Purchase Details
Listed on
Jun 16, 2016
Closed on
Sep 12, 2016
Sold by
Burns Janice R and Burns Janice Robinson
Bought by
Rrc Investment Holding Llc
Seller's Agent
Julie Moore
RE/MAX Concepts
Buyer's Agent
Kristi Pitz
RE/MAX Concepts
List Price
$289,900
Sold Price
$240,000
Premium/Discount to List
-$49,900
-17.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$192,000
Interest Rate
3.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 12, 2013
Sold by
Burns Janice R
Bought by
Burns Janice R
Similar Homes in Des Moines, IA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $315,000 | None Available | |
| Warranty Deed | $240,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $116,343 | Credit Line Revolving | |
| Open | $298,000 | New Conventional | |
| Closed | $15,750 | Stand Alone Second | |
| Closed | $283,500 | New Conventional | |
| Previous Owner | $192,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Off Market | $1,700 | -- | -- |
| 03/01/2024 03/01/24 | For Rent | $1,700 | 0.0% | -- |
| 07/06/2020 07/06/20 | Sold | $315,000 | -3.1% | $102 / Sq Ft |
| 07/01/2020 07/01/20 | Pending | -- | -- | -- |
| 05/03/2020 05/03/20 | For Sale | $325,000 | +35.4% | $105 / Sq Ft |
| 09/09/2016 09/09/16 | Sold | $240,000 | -17.2% | $79 / Sq Ft |
| 09/02/2016 09/02/16 | Pending | -- | -- | -- |
| 06/16/2016 06/16/16 | For Sale | $289,900 | -- | $95 / 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 | $6,752 | $353,700 | $88,700 | $265,000 |
| 2023 | $6,870 | $353,700 | $88,700 | $265,000 |
| 2022 | $6,816 | $300,400 | $78,600 | $221,800 |
| 2021 | $6,834 | $300,400 | $78,600 | $221,800 |
| 2020 | $7,100 | $273,900 | $72,300 | $201,600 |
| 2019 | $6,674 | $273,900 | $72,300 | $201,600 |
| 2018 | $6,606 | $248,300 | $63,600 | $184,700 |
| 2017 | $6,910 | $248,300 | $63,600 | $184,700 |
| 2016 | $6,728 | $264,000 | $57,900 | $206,100 |
| 2015 | $6,728 | $264,000 | $57,900 | $206,100 |
| 2014 | $6,304 | $246,000 | $53,600 | $192,400 |
Source: Public Records
Agents Affiliated with this Home
-
Neil Timmins
Seller's Agent in 2020
Neil Timmins
Space Simply
(515) 556-9674
1 in this area
47 Total Sales
-
Cy Phillips
Seller Co-Listing Agent in 2020
Cy Phillips
Space Simply
(515) 423-0899
3 in this area
603 Total Sales
-
Marceen Peters
Buyer's Agent in 2020
Marceen Peters
RE/MAX
(515) 778-3014
1 in this area
238 Total Sales
-
Julie Moore
Seller's Agent in 2016
Julie Moore
RE/MAX
(515) 778-8123
1 in this area
225 Total Sales
-
Kristi Pitz
Buyer's Agent in 2016
Kristi Pitz
RE/MAX
(515) 480-4933
174 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 604355
APN: 090-01795000000
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