NOT LISTED FOR SALE

Estimated Value: $168,000 - $225,980

-- Bed
2 Baths
2,841 Sq Ft
$69/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $160,000 $56 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,410/month

69 Days on Market

Highlights

  • 2 Kitchens
  • Storage
  • 4-minute walk to McHenry Park
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of June 2018

Awesome investment/rental property! The exterior of this vintage home has been newly sided and painted featuring new deck and screened in front porch. New furnace and A/C. Both interior units have been fully renovated. Both units are spacious with fireplaces, large dining rooms, huge living rooms & large sleeping porch/sunroom with french doors . Fully updated kitchens with new stainless appliances, patios 1 bedroom and remodeled full baths with tile and pedestal sinks. All new carpeting/flooring and all new fixtures throughout. These units are vacant and
move in ready!

Last Listed By

Thomas Vasquez

Keller Williams Realty GDM Listed on: 03/28/2018

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,734

Year Built

  • Built in 1892

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80x100

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,841 Sq Ft Home
  • 2-Story Property
  • Storage
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 07004096000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $450
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,734

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 61.56
  • Sp Amt Sq Ft: 56.32
  • Year Built: 1892
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 941
  • Kitchens: 2
  • Laundry: No
  • Storage: Yes
  • Living Area Sq Ft: 2841
  • Total Sq Ft: 2841

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Brick

Garage/Parking

  • Off Street Parking: 3

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 450

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1840
  • Lot S F: 8000
  • Lot Size: 80X100
  • Assessor Parcel Number: 07004096000000
  • Zoning: C-0

Rental Info

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

Tax Info

  • Gross Taxes: 2734.47
  • Net Taxes: 2734.47
  • Tax Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jun 6, 2018
Sold by
Pm Homes Llc
Bought by
Optimae Life Services Inc
Seller's Agent
Thomas Vasquez
Keller Williams Realty GDM
Buyer's Agent
Chris Fultz
Iowa Realty Beaverdale
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%
Total Days on Market
69
Current Estimated Value
$196,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,990
Avg. Annual Appreciation
3.19%
Original Mortgage
$130,748
Outstanding Balance
$99,387
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$99,670

Purchase Details

Closed on
Jul 1, 2015
Sold by
G L P Lc
Bought by
Zircher Lori

Purchase Details

Closed on
Mar 22, 2013
Sold by
Gibson Audrey J and Gibson John Clinton
Bought by
G L P Lc

Purchase Details

Closed on
Dec 3, 2002
Sold by
Gibson John Clinton and Gibson Audry J
Bought by
G L P Lc

Purchase Details

Closed on
Sep 4, 1997
Sold by
Gibson John Clinton and Gibson Audry J
Bought by
G L P Corp

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
Optimae Life Services Inc $160,000 None Available
Zircher Lori $70,000 Attorney
G L P Lc -- None Available
G L P Corp $54,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Optimae Lifeservices Inc $130,748
Closed Optimae Life Services Inc $130,748
Closed Zircher Lori $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2018 06/07/18 Sold $160,000 -11.1% $56 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $180,000 -- $63 / 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 $3,760 $191,100 $26,800 $164,300
2023 $3,694 $191,100 $26,800 $164,300
2022 $3,666 $156,700 $22,600 $134,100
2021 $3,452 $156,700 $22,600 $134,100
2020 $3,586 $138,300 $20,200 $118,100
2019 $2,796 $138,300 $20,200 $118,100
2018 $2,754 $104,000 $18,400 $85,600
2017 $2,518 $103,500 $18,400 $85,100
2016 $2,530 $93,100 $16,500 $76,600
2015 $2,530 $96,000 $16,500 $79,500
2014 $3,012 $90,000 $15,400 $74,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 557496

Des Moines Area Association of REALTORS®

APN: 070-04096000000