NOT LISTED FOR SALE

Estimated Value: $182,000

3 Beds
2 Baths
2,032 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $116,000 $57 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,288/month

112 Days on Market

About This Home

As of August 2014

You will be amazed by the potential in this up/down duplex in SW Des Moines! Owner occupied on main floor with a tenant on second floor, this is a great opportunity for extra income or a straight investment property! Main floor includes 3 BR, living room, full bath, and eat in kitchen with laundry/pantry area. 2nd floor unit includes 2 BR, full bath, living room, and eat in kitchen. Beautiful corner lot with large deck, planter, garden areas, and separate parking for each unit. Awesome oversized 2 car garage with great storage.

Last Listed By

Misty Darling

BH&G Real Estate Innovations Listed on: 05/08/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,799

Year Built

  • Built in 1920

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 111 x 140

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1.5-Story Property
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 01005075000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,799

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 8.00
  • Sp Amt Sq Ft: 7.00
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2

Exterior Features

  • Exterior: Frame
  • Foundation: Brick

Garage/Parking

  • Garage: 2 Detached

Utilities

  • Air Conditioner: Window Unit
  • Heat: Hot Water

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.3590
  • Qualifier Acres: More or Less
  • Lot S F: 15637
  • Lot Size: 111 X 140
  • Assessor Parcel Number: 01005075000000
  • Zoning: R1-60

Tax Info

  • Gross Taxes: 2799.00
  • Net Taxes: 2799.00
  • Assessor Parcel Number: 3601SW13THSTPOLKDESMOINE50315
  • Tax Year: 2012

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Aug 27, 2014
Sold by
Duncan Michael and Agans Lisa
Bought by
Moses Ryan
Seller's Agent
Misty Darling
BH&G Real Estate Innovations
Buyer's Agent
Misty Darling
BH&G Real Estate Innovations
List Price
$119,900
Sold Price
$116,000
Premium/Discount to List
-$3,900
-3.25%
Total Days on Market
112
Current Estimated Value
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,000
Avg. Annual Appreciation
4.29%
Original Mortgage
$119,828
Outstanding Balance
$92,917
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$89,083

Purchase Details

Closed on
Mar 8, 2000
Sold by
Agans John W and Agans Ann V
Bought by
Duncan Michael and Agans Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,450
Interest Rate
8.26%
Mortgage Type
Commercial

Range of Values:

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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
Moses Ryan $116,000 None Available
Duncan Michael $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moses Ryan $119,828
Previous Owner Duncan Mike $83,000
Previous Owner Duncan Michael $68,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $116,000 -3.3% $57 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $119,900 -- $59 / 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 $3,346 $189,200 $41,200 $148,000
2023 $3,470 $189,200 $41,200 $148,000
2022 $3,440 $159,500 $36,700 $122,800
2021 $3,174 $159,500 $36,700 $122,800
2020 $3,290 $139,100 $32,100 $107,000
2019 $3,056 $139,100 $32,100 $107,000
2018 $3,018 $125,500 $28,700 $96,800
2017 $2,830 $125,500 $28,700 $96,800
2016 $2,750 $116,400 $26,300 $90,100
2015 $2,750 $116,400 $26,300 $90,100
2014 $2,912 $113,700 $25,500 $88,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 435579

Des Moines Area Association of REALTORS®

APN: 010-05075000000