NOT LISTED FOR SALE

Estimated Value: $281,000 - $288,000

4 Beds
2 Baths
1,760 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $165,000 $94 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,035/month

60 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of June 2013

Investors and Homeowners here is the dream duplex you have been awaiting for. All brick ranch duplex with many updates in the home. Each side is a 2 BR 1 BA unit. Hardwood floors through the dining, kitchen halls and bedrooms. Basements in both are unfinished. Separate meters, utilities paid by tenants. 2 Car Detached Garage for one, and a 1 car detached for the other. Newer windows, updated baths, refinished floors, Newer AC unit. Long term tenants over 10 years for one, and 5 years for the other...One of the nicest duplexes I have ever been in won't last great location!!!

Last Listed By

Nicholas Scar

Iowa Realty Mills Crossing Listed on: 04/01/2013

Iowa Realty Mills Crossing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,027

Year Built

  • Built in 1955

Lot Details

  • 0.27

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • 2 Kitchens
  • 0.27 Acre Lot
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Community Details

  • 2 Units
  • Gross Income $1,500

Listing and Financial Details

  • Assessor Parcel Number 10010808000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,027

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 16.00
  • Sp Amt Sq Ft: 14.00
  • Termite: Call Listing Agent
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Full Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: No

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Paved: No

Garage/Parking

  • Garage: 3 Detached

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2700
  • Lot S F: 11740
  • Assessor Parcel Number: 10010808000000
  • Zoning: Res

Rental Info

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

Tax Info

  • Gross Taxes: 4027.00
  • Net Taxes: 2103.00
  • Assessor Parcel Number: 3809/3811SHAWNEEAVEPOLKDESMOINE50310
  • 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
Apr 1, 2013
Closed on
Jun 12, 2013
Sold by
Stevens Richard and Stevens Richard L
Bought by
Ramsey Rick L and Ramsey Michele M
Seller's Agent
Nicholas Scar
Iowa Realty Mills Crossing
Buyer's Agent
Gregory Chase
Platinum Realty LLC
List Price
$200,000
Sold Price
$165,000
Premium/Discount to List
-$35,000
-17.5%
Total Days on Market
60
Current Estimated Value
$284,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,957
Avg. Annual Appreciation
4.85%
Original Mortgage
$123,750
Outstanding Balance
$33,078
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$256,682

Purchase Details

Closed on
Jul 24, 2007
Sold by
Stevens Richard and Stevens Billie J
Bought by
Stevens Richard and Stevens Billie J

Purchase Details

Closed on
Oct 13, 2004
Sold by
Paulous Viola Elizabeth and Stevens Richard
Bought by
Stevens Richard

Purchase Details

Closed on
Jun 24, 2003
Sold by
Paulous Lonnie G and Paulous Viola E
Bought by
Stevens Richard

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
Ramsey Rick L $165,000 None Available
Stevens Richard -- None Available
Stevens Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Rick L $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $165,000 -17.5% $94 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $200,000 -- $114 / 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 $5,464 $277,800 $51,600 $226,200
2023 $5,224 $277,800 $51,600 $226,200
2022 $5,186 $221,700 $44,500 $177,200
2021 $5,106 $221,700 $44,500 $177,200
2020 $5,304 $204,600 $40,800 $163,800
2019 $4,974 $204,600 $40,800 $163,800
2018 $4,924 $185,100 $36,100 $149,000
2017 $4,582 $185,100 $36,100 $149,000
2016 $4,464 $169,400 $32,300 $137,100
2015 $4,464 $169,400 $32,300 $137,100
2014 $4,328 $162,900 $30,600 $132,300
Source: Public Records

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Source: Des Moines Area Association of REALTORS®

MLS Number: 414966

Des Moines Area Association of REALTORS®

APN: 100-10808000000