$138,000
SOLD MAR 13, 2017
-- Bed
2 Baths
884 Sq Ft
8,775 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

8% Below List Price

171 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of October 2021

Great investment opportunity with instant cash flow with this duplex! Long term tenant (20+years) who is looking to stay and pays $710/month. When both units are occupied, gross income is $1400. Tenant pays all utilities, with each unit having its separate meter. Gorgeous hardwood floors in the bedrooms! Left unit has been refinished within the last 3-4 years. Each unit features a spacious living room, open kitchen, 2 large bedrooms, and a full bath. Recently completed landscaping gives this property great curb appeal!

Last Agent to Sell the Property

Misty Darling

BH&G Real Estate Innovations Listed on: 09/23/2016

Last Buyer's Agent

Tina Norris

Iowa Realty Ankeny

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,312

Year Built

  • Built in 1963

Lot Details

  • 8,775 Sq Ft Lot
  • Lot Dimensions are 65x135

Home Design

  • 884 Sq Ft Home
  • Split Foyer
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • 2 Full Bathrooms
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 10007766001000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,312

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Split Foyer
  • Lp Amt Sq Ft: 163.91
  • Sp Amt Sq Ft: 156.11
  • Termite: Follow Showing Instructions
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carpeting, Hardwood Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Finished
  • Sq Ft Bsmt: 884
  • Sq Ft Fin Bsmt: 850
  • Laundry: Yes
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 884
  • Total Sq Ft: 884

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2010
  • Lot S F: 8775
  • Lot Shape: Regular
  • Lot Size: 65X135
  • Assessor Parcel Number: 10007766001000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 3312.00
  • Net Taxes: 3312.00
  • Tax Year: 2016

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 15, 2021
Sold by
Bloom Julie H and Julie H Hill Revocable Trust
Bought by
Three Hill Holdings Llc
Seller's Agent
Amy Dempsey
Iowa Realty Mills Crossing
Buyer's Agent
Jermaine Parkey
RE/MAX Concepts
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$263,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,040
Avg. Annual Appreciation
4.92%
Original Mortgage
$210,000
Outstanding Balance
$192,802
Interest Rate
2.5%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$65,112

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 7, 2021
Sold by
Dempsey Properties Llc
Bought by
Bloom Julie H and Julie H Hill Revocable Trust
Seller's Agent
Amy Dempsey
Iowa Realty Mills Crossing
Buyer's Agent
Jermaine Parkey
RE/MAX Concepts
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$192,802
Interest Rate
2.5%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$65,112

Purchase Details

Closed on
Jul 13, 2020
Sold by
Dempsey Daniel and Dempsey Amy
Bought by
Dempsey Properties Llc

Purchase Details

Listed on
May 1, 2019
Closed on
Jul 22, 2019
Sold by
Bondhus Andy S and Bondhus Jennifer L
Bought by
Dempsey Daniel and Dempsey Amy
Seller's Agent
Ryan Lynch
Keller Williams Realty GDM
Buyer's Agent
Alexander McConeghey
RE/MAX Precision
List Price
$210,000
Sold Price
$182,500
Premium/Discount to List
-$27,500
-13.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$136,875
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2016
Closed on
Mar 8, 2017
Sold by
Renaissance Landholder Llc
Bought by
Bondhus Andy S and Bondhus Jennifer L
Seller's Agent
Misty Darling
BH&G Real Estate Innovations
Buyer's Agent
Tina Norris
Iowa Realty Ankeny
List Price
$149,900
Sold Price
$138,000
Premium/Discount to List
-$11,900
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$103,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2005
Sold by
Anderson Daniel T and Anderson Suzanne Elizabeth
Bought by
Renaissance Landholder Llc

Purchase Details

Closed on
Jan 21, 2005
Sold by
Morrow Jeremy and Morrow Kristin
Bought by
Anderson Charles T and Anderson Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 30, 2002
Sold by
Ghiasi Enterprises Llc
Bought by
Barajas Gonzalo A and Barajas Melisenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.98%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Land Contract $215,000 None Available
Warranty Deed $215,000 None Available
Quit Claim Deed -- Proper Title Llc
Warranty Deed $182,500 None Available
Warranty Deed $138,000 None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed $141,500 --
Warranty Deed $124,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 Land Contract Argmt. Of Sale
Previous Owner $136,875 New Conventional
Previous Owner $103,500 New Conventional
Previous Owner $113,600 Fannie Mae Freddie Mac
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $215,000 -4.4% $243 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $225,000 +23.3% $255 / Sq Ft
07/25/2019 07/25/19 Sold $182,500 -13.1% $206 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $210,000 +52.2% $238 / Sq Ft
03/13/2017 03/13/17 Sold $138,000 -7.9% $156 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
09/23/2016 09/23/16 For Sale $149,900 -- $170 / 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 $4,508 $229,200 $45,400 $183,800
2023 $4,456 $229,200 $45,400 $183,800
2022 $4,422 $189,100 $39,300 $149,800
2021 $4,280 $189,100 $39,300 $149,800
2020 $4,446 $171,500 $35,900 $135,600
2019 $3,716 $171,500 $35,900 $135,600
2018 $3,680 $138,300 $31,400 $106,900
2017 $3,400 $138,300 $31,400 $106,900
2016 $3,312 $125,700 $28,100 $97,600
2015 $3,312 $125,700 $28,100 $97,600
2014 $2,926 $114,300 $25,300 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 524211

Des Moines Area Association of REALTORS®

APN: 100-07766001000