NOT LISTED FOR SALE

Estimated Value: $251,000 - $371,000

4 Beds
3 Baths
1,908 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $166,000 $87 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,140/month

202 Days on Market

Highlights

  • 3 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

Opportunity abounds in this 2 story duplex! A secluded backyard allows for relaxation on the deck. Great location close to about anywhere in Des Moines. Quiet & friendly neighborhood with nearby walking, Hy-Vee, shops & restaurants. Lots of windows. 2 car detached garage & plenty of parking space. Main floor & 2nd floor living areas are spacious & have unique character. The kitchens have abundant counter space & lots of closet space. Mostly finished walkout basement provides a 3 bedroom for the main level unit. Laundry area is a shared space but all units have their own entryway. Each unit has separate electric, separate water heaters, and separate heating & cooling units. New HVAC in 2005, new roof in 2006 and maintenance free exterior. This could be an excellent investment or an owner-occupied rental!

Last Agent to Sell the Property

Scott Wendl

RE/MAX Precision Listed on: 10/25/2013

RE/MAX Precision

Last Buyer's Agent

Susan Webster

Coldwell Banker Mid-America

Coldwell Banker Mid-America

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 137

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 3 Kitchens
  • Laundry Room
  • Finished Basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Gross Income $2,000

Listing and Financial Details

  • Assessor Parcel Number 10002429000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 13.00
  • Sp Amt Sq Ft: 12.00
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 1
  • Disposals: 2
  • Refrigerators: 3
  • Stoves Total: 2
  • Full Bathrooms: 1
  • Full Bathrooms: 2
  • Basement Description: Finished
  • Kitchens: 3
  • Laundry: Yes

Exterior Features

  • Exterior: Vinyl Siding
  • Paved: Yes
  • Sidewalk: 1

Garage/Parking

  • Garage: 2 Detached

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 1

Lot Info

  • Acres: 0.3150
  • Qualifier Acres: More or Less
  • Lot S F: 13700
  • Lot Size: 100 x 137
  • Assessor Parcel Number: 10002429000000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 4417.00
  • Net Taxes: 4188.00
  • Assessor Parcel Number: 3805CARPENTEAVEPOLKDESMOINE50311
  • Tax Year: 2014

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
May 14, 2014
Sold by
Burford Tiffany and Burford Haley M
Bought by
Koch Bridgford Paul F and Koch Bridgford Susan
Seller's Agent
Scott Wendl
RE/MAX Precision
Buyer's Agent
Susan Webster
Coldwell Banker Mid-America
List Price
$174,000
Sold Price
$166,000
Premium/Discount to List
-$8,000
-4.6%
Current Estimated Value
$311,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,017
Avg. Annual Appreciation
5.59%
Original Mortgage
$220,441
Outstanding Balance
$147,877
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,140

Purchase Details

Closed on
Oct 5, 2006
Sold by
Ilnitsky Leonard and Ilnitsky Vera
Bought by
Burford Tiffany and Burford Haley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,435
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2004
Sold by
Thompson William R and Thompson Mary Jane
Bought by
Ilnitsky Leonard and Ilnitsky Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koch Bridgford Paul F $166,000 None Available
Burford Tiffany $165,500 None Available
Ilnitsky Leonard $154,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Bridgford Paul F $220,441
Previous Owner Burford Tiffany $163,435
Previous Owner Ilnitsky Leonard $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $166,000 -4.6% $87 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $174,000 -- $91 / 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
2025 $6,026 $340,100 $64,100 $276,000
2024 $6,026 $306,300 $56,800 $249,500
2023 $6,072 $306,300 $56,800 $249,500
2022 $6,024 $257,600 $50,200 $207,400
2021 $5,912 $257,600 $50,200 $207,400
2020 $6,142 $236,900 $45,800 $191,100
2019 $5,778 $236,900 $45,800 $191,100
2018 $5,720 $215,000 $40,100 $174,900
2017 $5,302 $215,000 $40,100 $174,900
2016 $5,164 $196,000 $35,900 $160,100
2015 $5,164 $196,000 $35,900 $160,100
2014 $4,296 $176,700 $32,300 $144,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 426711

Des Moines Area Association of REALTORS®

APN: 100-02429000000