NOT LISTED FOR SALE

Estimated Value: $261,000 - $276,048

-- Bed
3 Baths
1,540 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $170,000 $110 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,941/month

112 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • 5-minute walk to Witmer Park
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2018

This home is located at 3600 Franklin Ave, Des Moines, IA 50310 since 08 January 2018 and is currently estimated at $268,524, approximately $174 per square foot. This property was built in 1958. 3600 Franklin Ave is a home located in Polk County with nearby schools including Monroe Elementary School, Meredith Middle School, and Hoover High School.

Last Listed By

Doris Weindel

Iowa Realty Jordan Grove Listed on: 01/08/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,702 Sq Ft Lot
  • Lot Dimensions are 66x147

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,540 Sq Ft Home
  • 1.5-Story Property
  • 2 Kitchens
  • Laundry Room
  • Finished Basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10007881000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $400
  • Gross Income $1,625

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 116.82
  • Sp Amt Sq Ft: 110.39
  • Termite: Follow Showing Instructions
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Second Floor Full Bathrooms: 2
  • Third Floor Full Bathrooms: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 1062
  • Sq Ft Fin Bsmt: 800
  • Kitchens: 2
  • Laundry: Yes
  • Storage: No
  • Living Area Sq Ft: 1540
  • Total Sq Ft: 1540

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Paved: Yes

Garage/Parking

  • Off Street Parking: 2

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 400

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2230
  • Lot S F: 9702
  • Lot Size: 66X147
  • Assessor Parcel Number: 10007881000000
  • Zoning: RES

Rental Info

  • Deposit: No
  • Furnished: No
  • Landlord Tenant Utilities: Electric Landlord, Gas Landlord, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 4516.00
  • Net Taxes: 4516.00
  • Tax Year: 2017

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Lynch Jamie P and Lynch Crystal
Bought by
Unick Joel
Total Days on Market
112
Current Estimated Value
$268,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$217,099
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$53,126

Purchase Details

Listed on
Jan 8, 2018
Closed on
Apr 30, 2018
Sold by
Norton Craig A and Norton Mary Lucille
Bought by
Lynch Jamie P
Seller's Agent
Doris Weindel
Iowa Realty Jordan Grove
Buyer's Agent
Jeffrey Horner
Gillum Group Real Estate LLC
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$210,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2004
Sold by
Linderkamp Julie L
Bought by
Norton Craig A and Norton Mary Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,900
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2004
Sold by
Defrance Steve and Defrance David
Bought by
Linderkamp Julie

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
Unick Joel $250,000 None Listed On Document
Lynch Jamie P $170,000 None Available
Norton Craig A $81,500 --
Linderkamp Julie $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unick Joel $225,000
Previous Owner Lynch Jaime P $132,717
Previous Owner Lynch Jamie P $210,000
Previous Owner Norton Craig A $88,900
Closed Unick Joel $24,739
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $170,000 -15.0% $110 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $199,900 -- $130 / 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 $5,250 $266,900 $56,800 $210,100
2023 $5,350 $266,900 $56,800 $210,100
2022 $5,310 $227,000 $50,200 $176,800
2021 $5,212 $227,000 $50,200 $176,800
2020 $5,416 $208,900 $45,900 $163,000
2019 $5,108 $208,900 $45,900 $163,000
2018 $5,058 $190,100 $40,900 $149,200
2017 $4,516 $190,100 $40,900 $149,200
2016 $4,400 $167,000 $35,800 $131,200
2015 $4,400 $167,000 $35,800 $131,200
2014 $4,162 $162,500 $34,200 $128,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 553118

Des Moines Area Association of REALTORS®

APN: 100-07881000000