NOT LISTED FOR SALE

Estimated Value: $199,000 - $242,000

-- Bed
1 Bath
1,408 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $152,000 $108 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,548/month

47 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

Check out this investment property on Des Moines NE Side. This ranch is side by side duplex and has great income potential to the right buyer. There are three bedrooms, one full bath, family room and a small kitchen in each unit. 3712 has an updated kitchen, floors and a newer bath. Being sold AS-IS and is priced accordingly. Being sold "AS IS".

Last Listed By

Robert Eisenlauer

RE/MAX Revolution Listed on: 08/07/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1974

Lot Details

  • 8,050

Parking

  • Driveway

Home Design

  • 1,408 Sq Ft Home
  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • 2 Kitchens
  • Stove

Additional Features

  • 1 Full Bathroom
  • 8,050 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 060/05017-003-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 115.06
  • Sp Amt Sq Ft: 107.95
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1408
  • Kitchens: 2
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1408
  • Total Sq Ft: 1408

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: yes

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: 0.1850
  • Lot S F: 8050
  • Assessor Parcel Number: 060/05017-003-000
  • Zoning: R1-70

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Water Tenant

Tax Info

  • Gross Taxes: 3800.00
  • Net Taxes: 3800.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Oct 11, 2019
Sold by
Iowa State Bank
Bought by
Kdk Properties Llc
Seller's Agent
Robert Eisenlauer
RE/MAX Revolution
Buyer's Agent
Robert Eisenlauer
RE/MAX Revolution
List Price
$162,000
Sold Price
$152,000
Premium/Discount to List
-$10,000
-6.17%
Total Days on Market
47
Current Estimated Value
$221,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,348
Avg. Annual Appreciation
6.90%
Original Mortgage
$200,000
Outstanding Balance
$177,942
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$42,881

Purchase Details

Closed on
Oct 28, 2003
Sold by
Gannon Christopher G
Bought by
Malcom E Vanantwerp Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,213
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

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
Kdk Properties Llc $152,000 None Available
Malcom E Vanantwerp Trust $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kdk Properties Llc $200,000
Previous Owner Malcom E Vanantwerp Trust $111,213
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $152,000 -6.2% $108 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $162,000 -- $115 / 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 $3,782 $192,300 $17,200 $175,100
2023 $3,606 $192,300 $17,200 $175,100
2022 $3,578 $153,000 $14,600 $138,400
2021 $3,484 $153,000 $14,600 $138,400
2020 $3,620 $139,600 $13,200 $126,400
2019 $3,250 $139,600 $13,200 $126,400
2018 $3,216 $120,900 $11,400 $109,500
2017 $3,118 $120,900 $11,400 $109,500
2016 $3,038 $115,300 $10,700 $104,600
2015 $3,038 $115,300 $10,700 $104,600
2014 $2,832 $110,600 $10,100 $100,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 588769

Des Moines Area Association of REALTORS®

APN: 060-05017003000