Seller's Agent in 2020
Timothy Scheib
RE/MAX
(515) 313-7103
3 in this area
388 Total Sales
3904 10th St Des Moines, IA 50313
Oak Park NeighborhoodEstimated Value: $226,000 - $240,259
--
Bed
3
Baths
1,995
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- 3 Kitchens
- Laundry Room
- Tile Flooring
- No HOA
- Storage
- Forced Air Heating and Cooling System
About This Home
As of September 2020This three plex has been renovated and is in great condition. 2 units are currently rented and the 3rd is being left vacant for showing purposes. The property has 4 parking spots plus a 2 car detached garage. Parking in front and off the rear of the home with alley access. There are 2 units with 1 bed and 1 bath and a 2 bedroom unit with 1 bath plus laundry. The units all have new heat and central air. They make a great investment for either a large investor or a small investor just getting started. The property is turn key and it has never had any issues renting quickly. The gas meter and electrical meters are split. Water meter is 1 so the owner can charge a per person rate for water usage. Definitely a great opportunity in 2020! All information obtained from Seller & public records.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,432
Year Built
- Built in 1959
Lot Details
- 5,760 Sq Ft Lot
Home Design
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 3 Bathrooms
- 1,995 Sq Ft Home
- 2-Story Property
- Storage
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- 3 Kitchens
- Stove
- Dishwasher
Flooring
- Carpet
- Tile
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Gravel Driveway
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 07003806001000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $2,060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 14, 2024
Sold by
Moore Everett
Bought by
Wempe Lillian
Current Estimated Value
Purchase Details
Listed on
Jul 8, 2020
Closed on
Sep 1, 2020
Sold by
Harper Charlene and Harper Charlene Ann
Bought by
Gibson Jeri L and Gibson Joshua P
Seller's Agent
Timothy Scheib
RE/MAX Precision
Buyer's Agent
Austin Sullivan
RE/MAX Concepts
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$131,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 27, 2018
Sold by
M & N Properties Llc
Bought by
Harper Frazier Charlene and Harper Charlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,350
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2017
Sold by
M & N Properties Llc
Bought by
Frazier Charlene Harper
Purchase Details
Closed on
Feb 2, 2009
Sold by
Brown Mark S and Brown Nancy J
Bought by
M & N Properties Llc
Purchase Details
Closed on
Sep 8, 2007
Sold by
Lynch Alina M
Bought by
Brown Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
6.71%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wempe Lillian | -- | None Listed On Document | |
| Wempe Lillian | -- | None Listed On Document | |
| Gibson Jeri L | $175,000 | None Available | |
| Harper Frazier Charlene | $93,500 | None Available | |
| Frazier Charlene Harper | $93,185 | None Available | |
| M & N Properties Llc | -- | None Available | |
| Brown Mark | $84,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gibson Jeri L | $131,250 | |
| Previous Owner | Harper Frazier Charlene | $85,350 | |
| Previous Owner | Brown Mark | $63,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2020 09/01/20 | Sold | $175,000 | -12.5% | $88 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 07/08/2020 07/08/20 | For Sale | $200,000 | -- | $100 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,994 | $203,000 | $14,600 | $188,400 |
| 2023 | $3,888 | $203,000 | $14,600 | $188,400 |
| 2022 | $4,544 | $165,000 | $12,200 | $152,800 |
| 2021 | $3,046 | $165,000 | $12,200 | $152,800 |
| 2020 | $3,422 | $102,000 | $11,100 | $90,900 |
| 2019 | $3,010 | $102,000 | $11,100 | $90,900 |
| 2018 | $3,202 | $85,000 | $11,100 | $73,900 |
| 2017 | $3,018 | $85,000 | $11,100 | $73,900 |
| 2016 | $3,146 | $77,000 | $9,300 | $67,700 |
| 2015 | $3,146 | $77,000 | $9,300 | $67,700 |
| 2014 | $3,286 | $73,500 | $9,300 | $64,200 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Scheib
-
Austin Sullivan
Buyer's Agent in 2020
Austin Sullivan
RE/MAX
(515) 943-9797
1 in this area
190 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 609329
APN: 070-03806001000
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