NOT LISTED FOR SALE

Estimated Value: $266,000 - $322,397

-- Bed
2.5 Baths
1,880 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $265,000 $141 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,096/month

31 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Laundry Room
  • 0.42 Acre Lot
  • No HOA
  • Storage

About This Home

As of January 2024

Exceptionally crafted all-brick duplex in DMNW designed as a custom multi-generational dwelling by the owner but still with a traditional duplex feel. Spacious larger unit features 2 bedrooms, a full bath, family room, kitchen and dining area for comfortable living. Second unit offers 2 bedrooms, 1 full bath, a living room, and a convenient eat-in kitchen. Full basements under both units provide ample space for laundry, storage and possible additional living space, with the larger unit boasting an additional 3/4 bath. Impressive 25 x 25 all brick, heated garage accompanied by a 12 x 25 sunroom and an extra all-brick storage shed – a true haven for storage and leisure. .421 acre lot provides a sense of openness and outdoor space. Owner-occupied in one unit while smartly renting out the other for $760 a month – a savvy investment strategy. Low maintenance property with recent updates including a newer roof and mechanicals, ensuring peace of mind for the future. This property offers a unique opportunity for cosmetic enhancements to tailor the property to personal preferences. Overall, a well-crafted, income-generating duplex with versatile living spaces and promising potential. 24 hour notice required for all showings. Photos are of vacant unit and both unit basements. No interior pictures of tenant occupied side.

Last Listed By

Michelle Polder

RE/MAX Concepts Listed on: 11/12/2023

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1961

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 80x229

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 3 Bathrooms
  • 1,880 Sq Ft Home
  • Storage
  • Laundry Room
  • 2 Kitchens
  • Unfinished Basement

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10005723000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,292

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex, Ranch
  • Lp Amt Sq Ft: 172.87
  • Sp Amt Sq Ft: 140.96
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Partial Bath Total: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1880
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 1880
  • Partial Bathrooms: 1
  • Total Sq Ft: 1880

Exterior Features

  • Exterior: Brick
  • 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: 0.4210
  • Lot S F: 18320
  • Lot Shape: Regular
  • Lot Size: 80X229
  • Assessor Parcel Number: 10005723000000
  • Zoning: res

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Tenant, Taxes Owner, Water Owner

Tax Info

  • Gross Taxes: 5292.00
  • Net Taxes: 5292.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2023
Closed on
Dec 27, 2023
Sold by
Mcnaney Karen
Bought by
Kaldenberg Enterprises Llc
Seller's Agent
Michelle Polder
RE/MAX Concepts
Buyer's Agent
Bradley Johnson
Keller Williams Legacy Group
List Price
$325,000
Sold Price
$265,000
Premium/Discount to List
-$60,000
-18.46%
Total Days on Market
31
Views
15
Current Estimated Value
$289,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,099
Avg. Annual Appreciation
7.25%
Original Mortgage
$240,000
Outstanding Balance
$237,785
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$52,455

Purchase Details

Closed on
Oct 31, 2022
Sold by
Campbell Wanda L
Bought by
Mcnaney Karen

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kaldenberg Enterprises Llc $265,000 None Listed On Document
Mcnaney Karen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaldenberg Enterprises Llc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $265,000 -18.5% $141 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $325,000 0.0% $173 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/12/2023 11/12/23 For Sale $325,000 -- $173 / 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 $5,910 $300,400 $57,900 $242,500
2023 $5,292 $300,400 $57,900 $242,500
2022 $5,248 $236,800 $48,400 $188,400
2021 $5,511 $236,800 $48,400 $188,400
2020 $5,540 $225,900 $46,000 $179,900
2019 $5,222 $225,900 $46,000 $179,900
2018 $5,162 $206,100 $40,700 $165,400
2017 $4,594 $206,100 $40,700 $165,400
2016 $4,468 $181,600 $35,400 $146,200
2015 $4,468 $181,600 $35,400 $146,200
2014 $4,102 $172,500 $33,300 $139,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Des Moines, IA

  • 4025 54th St, Des Moines, IA 50310

    $260,000

    • Studio
    • 2 Baths
    • 1,358 Sq Ft
    • 4025 54th St
    • Des Moines, IA

    4025 54th St is a rock-solid duplex that makes sense from every angle—whether you're a first-time house hacker or a seasoned investor looking to expand your portfolio. With both units currently vacant, you're free to move in and offset your mortgage with rental income, or lease out both sides at market rent with zero downtime. The property includes an upper 3-bedroom, 1-bath unit and a lower

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 2900 High St, Des Moines, IA 50312

    $285,000

    • Studio
    • 2 Baths
    • 3,146 Sq Ft
    • 2900 High St
    • Des Moines, IA

    Fantastic income-producing duplex just one block from Ingersoll Avenue! This well-maintained property features two spacious units, large kitchens with dining areas, and bright, open living spaces. There are separate laundry units in the basement for each unit. Recent updates include a new roof (2022), foundation repair (2023), electrical panels have been upgraded to 200 A service and the wiring

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 1513 Des Moines St, Des Moines, IA 50316

    $230,000

    • Studio
    • 3 Baths
    • 2,806 Sq Ft
    • 1513 Des Moines St
    • Des Moines, IA

    Welcome to 1513 Des Moines Street, a prime multi-unit investment property in the heart of Des Moines. This 3-unit multiplex presents an excellent opportunity for investors seeking immediate rental income with built-in occupancy. Two of the three units are already filled, providing steady cash flow from day one. The property offers three distinct rental units, each with its own full bathroom. The

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1208 West St, Des Moines, IA 50315

    $245,000

    • Studio
    • 3 Baths
    • 1,876 Sq Ft
    • 1208 West St
    • Des Moines, IA

    This is a great turnkey rental property. Consists of a 964 sqft 2 bedroom raised ranch home with afinishable 3rd bedroom in the basement and a duplex each side consists of 1 bed 1 bath units. The single-family home does have a full basement with separate furnaces and a very nice two-car garage! Total rentis 2600 and Landlord pays for utilities. Both of the properties have a newer roof

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 2921 Euclid Ave, Des Moines, IA 50310

    $339,000

    • Studio
    • 3 Baths
    • 1,661 Sq Ft
    • 2921 Euclid Ave
    • Des Moines, IA

    Now is your chance to own a solid investment property near the Veterans Hospital! This well-maintained triplex offers excellent rental income with three fully occupied units—two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Current rents are $1,030, $1,150, and $950 per month. Each unit has access to shared laundry facilities in the basement. A new roof was installed in 2021. The rental

    Bradley Johnson Keller Williams Legacy Group

    Section Image
  • 4956 NW Lovington Dr, Des Moines, IA 50310

    $285,000

    • Studio
    • 2 Baths
    • 1,984 Sq Ft
    • 4956 NW Lovington Dr
    • Des Moines, IA

    Life Hack Alert! Live smart—buy this duplex and let your tenant help pay the mortgage! Located in the desirable Johnston School District, this well-maintained property offers two mirror-image units, each featuring an open-concept living room, dining area, and kitchen, perfect for modern living.Each side includes 2 spacious bedrooms and newly remodeled bathrooms, providing comfort and style. Full

    Heather Knittel RE/MAX REC

    Section Image
  • 1125 Clinton Ave, Des Moines, IA 50313

    $325,000

    • Studio
    • 2 Baths
    • 2,477 Sq Ft
    • 1125 Clinton Ave
    • Des Moines, IA

    This duplex features remodeling to include electrical, plumbing, floors, paint, doors, fixtures, lighting, etc. It has a 10 year TAX ABATEMENT!! All units have separate entrances and off-street parking.The downstairs unit has a large basement. The upstairs has 3 bedroom, 1 bath, washer/dryer, kitchen and dining area and living room; the downstairs unit has 3 bedrooms (1 non-conforming in the

    Audra Sypolt RE/MAX Concepts

    Section Image
  • 1608 Mondamin Ave, Des Moines, IA 50314

    $245,000

    • Studio
    • 2 Baths
    • 1,056 Sq Ft
    • 1608 Mondamin Ave
    • Des Moines, IA

    Newly updated Duplex. I bed 1 bath on each side. With 2 non conforming bedrooms and living space in the basement. New roof, siding, gutters, mechanicals, plumbing and electrical in basement. Permits pulled so home could be eligible for a tax abatement. Call the city of Des Moines for the details. Yard is fully fenced. Driveways for parking off street as well.

    Joanne May RE/MAX Revolution

    Section Image
  • 1134 39th St, Des Moines, IA 50311

    $260,000

    • Studio
    • 2 Baths
    • 2,187 Sq Ft
    • 1134 39th St
    • Des Moines, IA

    Charming Duplex in Des Moines. Ideal Investment Opportunity! Nestled in a quiet cul-de-sac street just off University Avenue, this well-maintained duplex is perfect for investors. The main level unit is currently occupied by long-term tenants and features 2 bedrooms, 1 bath, a cozy living room, formal dining room, kitchen, and an additional office/bonus room. The basement provides ample extra

    Tim Hegwood PMI Realty Central Iowa

    Section Image

Source: Des Moines Area Association of REALTORS®

MLS Number: 685367

Des Moines Area Association of REALTORS®

APN: 100-05723000000