$128,000
SOLD MAR 31, 2021
-- Bed
2 Baths
1,214 Sq Ft
6,600 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

7% Below List Price

132 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Bungalow

About This Home

As of July 2023

Great home with Great Income. Renewed Rental Certificate as of October 2020. Contact an agent for a Private Showing.

Last Agent to Sell the Property

Garrett Shetterly

RE/MAX Precision

RE/MAX Precision

Last Buyer's Agent

Wayne DePenning

BHHS First Realty Westown

BHHS First Realty Westown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1925

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Home Design

  • 1,214 Sq Ft Home
  • Bungalow
  • Brick Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • 2 Kitchens
  • Stove

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • 2 Full Bathrooms
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 07003712000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $180
  • Gross Income $1,395

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,038

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Bungalow
  • Lp Amt Sq Ft: 108.73
  • Sp Amt Sq Ft: 105.44
  • Termite: Call Listing Agent
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 680
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1214
  • Total Sq Ft: 1214

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Brick
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached
  • Off Street Parking: 2

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 180

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1520
  • Lot S F: 6600
  • Lot Size: 50X132
  • Assessor Parcel Number: 07003712000000
  • Zoning: R

Rental Info

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

Tax Info

  • Gross Taxes: 2038.00
  • Net Taxes: 2038.00
  • Tax Year: 2020

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Jul 27, 2023
Sold by
Goodell James D Le
Bought by
Summers Michael
Seller's Agent
Wayne DePenning
BHHS First Realty Westown
Buyer's Agent
Amanda Welch
RE/MAX Concepts
List Price
$188,888
Sold Price
$178,600
Premium/Discount to List
-$10,288
-5.45%
Total Days on Market
132
Views
104
Current Estimated Value
$177,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,170
Avg. Annual Appreciation
-0.36%
Original Mortgage
$133,950
Outstanding Balance
$131,488
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$45,942

Purchase Details

Listed on
Nov 19, 2020
Closed on
Mar 30, 2021
Sold by
426 Property Llc
Bought by
Goodell James D
Seller's Agent
Garrett Shetterly
RE/MAX Precision
Buyer's Agent
Wayne DePenning
BHHS First Realty Westown
List Price
$137,500
Sold Price
$128,000
Premium/Discount to List
-$9,500
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.37%
Original Mortgage
$25,600
Interest Rate
2.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2016
Closed on
Oct 6, 2016
Sold by
Schneider Willliam
Bought by
426 Property Llc
Seller's Agent
Adrian McMullen
CENTURY 21 SIGNATURE-Ames
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$78,500
Sold Price
$72,500
Premium/Discount to List
-$6,000
-7.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$58,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 25, 2012
Closed on
Jul 2, 2012
Sold by
Way David R
Bought by
Schneider William
Seller's Agent
Marlene Thatcher
Keller Williams Realty GDM
Buyer's Agent
Marlene Thatcher
Keller Williams Realty GDM
List Price
$49,900
Sold Price
$46,500
Premium/Discount to List
-$3,400
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Samann Lc
Bought by
Way David R

Purchase Details

Closed on
Aug 22, 2011
Sold by
Samann Lc
Bought by
Way David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 11, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Samann Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 16, 2010
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 15, 2010
Sold by
Bass Darwin
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 10, 2002
Sold by
Repertinger Steven C
Bought by
Bass Darwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,038
Interest Rate
6.34%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2001
Sold by
Howard Lillian G
Bought by
Repertinger Steven C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,700
Interest Rate
6.5%
Mortgage Type
Commercial

Map

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

Similar Homes in Des Moines, IA

  • 1503 Forest Ave, Des Moines, IA 50314

    $145,000

    • Studio
    • 2 Baths
    • 1,676 Sq Ft
    • 1503 Forest Ave
    • Des Moines, IA

    This duplex at 1503 Forest Ave, Des Moines offers two rental units: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit; perfect for investors looking for steady rental income. It comes with a current rental certificate and has been upgraded through the City of Des Moines Weatherization Program, improving energy efficiency. Additional highlights include a brand-NEW furnaces one for each unit

    Ingrid Williams RE/MAX Concepts

    Section Image
  • 1512 Stewart St, Des Moines, IA 50316

    $105,000

    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • 1512 Stewart St
    • Des Moines, IA

    Welcome to this charming 2-bedroom, 1-bathroom bi-attached two-story home located on the east side of Des Moines, just minutes from I-235 for easy commuting. This residence features a cozy layout with both bedrooms situated on the upper level, offering privacy and comfort. The main floor includes a bright living space and functional kitchen, perfect for daily living or entertaining. With a newer

    Donald Easton Keller Williams Realty GDM

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $179,000 None Listed On Document
Warranty Deed $128,000 None Available
Warranty Deed $72,500 None Available
Warranty Deed $46,000 None Available
Warranty Deed $24,500 None Available
Contract Of Sale $25,000 None Available
Special Warranty Deed -- None Available
Corporate Deed $93,500 None Available
Sheriffs Deed $93,883 None Available
Warranty Deed $77,500 --
Warranty Deed $52,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,950 New Conventional
Previous Owner $25,600 New Conventional
Previous Owner $25,600 Stand Alone Second
Previous Owner $102,400 New Conventional
Previous Owner $58,000 Commercial
Previous Owner $40,000 New Conventional
Previous Owner $20,000 Seller Take Back
Previous Owner $77,038 FHA
Previous Owner $47,700 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $178,600 -5.4% $147 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $188,888 +47.6% $156 / Sq Ft
03/31/2021 03/31/21 Sold $128,000 -6.9% $105 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
11/19/2020 11/19/20 For Sale $137,500 +89.7% $113 / Sq Ft
10/06/2016 10/06/16 Sold $72,500 -7.6% $60 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $78,500 +68.8% $65 / Sq Ft
07/02/2012 07/02/12 Sold $46,500 -6.8% $38 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $49,900 -- $41 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $2,500 $127,100 $25,400 $101,700
2023 $2,376 $127,100 $25,400 $101,700
2022 $2,068 $100,800 $21,400 $79,400
2021 $1,962 $88,400 $21,400 $67,000
2020 $2,038 $78,600 $19,200 $59,400
2019 $1,944 $78,600 $19,200 $59,400
2018 $1,924 $72,300 $17,400 $54,900
2017 $1,262 $72,300 $17,400 $54,900
2016 $1,224 $55,200 $15,700 $39,500
2015 $1,224 $55,200 $15,700 $39,500
2014 $1,184 $53,300 $15,000 $38,300
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 618479

Des Moines Area Association of REALTORS®

APN: 070-03712000000