NOT LISTED FOR SALE

3914 2nd Ave Des Moines, IA 50313

Highland Park Neighborhood

Estimated Value: $135,000 - $179,934

Studio
1 Bath
1,860 Sq Ft
$85/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $75,000 $40 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,035/month

183 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Central Air

About This Home

As of March 2016

Nice income property fully occupied grossing $1450/mo

Last Agent to Sell the Property

Rob Wheeler

Century 21 Signature Listed on: 09/10/2015

Century 21 Signature

Last Buyer's Agent

Kent Lehs

Iowa Realty Beaverdale

Iowa Realty Beaverdale

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 6,350 Sq Ft Lot

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Gross Income $1,450

Listing and Financial Details

  • Assessor Parcel Number 07001669000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 1
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2

Exterior Features

  • Exterior: Frame
  • Foundation: Brick

Utilities

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

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Lot Info

  • Acres: 0.1460
  • Lot S F: 6350
  • Assessor Parcel Number: 07001669000000
  • Zoning: RES

Rental Info

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

Tax Info

  • Gross Taxes: 2066.00
  • Net Taxes: 2066.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Mar 8, 2016
Sold by
Sichting Wynn
Bought by
Edgewood Properties Llc
Seller's Agent
Rob Wheeler
Century 21 Signature
Buyer's Agent
Kent Lehs
Iowa Realty Beaverdale
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%
Current Estimated Value
$160,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,239
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Jan 6, 2006
Sold by
Munoz Richard J and Munoz Kathryn J
Bought by
Sichting Wynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,120
Interest Rate
6.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2003
Sold by
Groves Deanne
Bought by
Munoz Richard J and Munoz Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 1999
Sold by
Mccorquodale Daniel A and Mccorquodale Jean A
Bought by
Ingle Marvin W and Ingle Melda M
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
Edgewood Properties Llc $75,000 None Available
Sichting Wynn $93,000 None Available
Munoz Richard J $89,500 --
Ingle Marvin W $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sichting Wynn $84,120
Previous Owner Munoz Richard J $80,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Sold $75,000 -25.0% $40 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $100,000 -- $54 / 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 $2,358 $138,100 $26,100 $112,000
2024 $2,358 $119,900 $22,600 $97,300
2023 $2,298 $119,900 $22,600 $97,300
2022 $2,280 $97,500 $19,100 $78,400
2021 $2,156 $97,500 $19,100 $78,400
2020 $2,240 $86,400 $17,100 $69,300
2019 $2,128 $86,400 $17,100 $69,300
2018 $2,106 $79,200 $15,500 $63,700
2017 $1,936 $79,200 $15,500 $63,700
2016 $2,110 $71,600 $14,000 $57,600
2015 $2,110 $80,100 $14,000 $66,100
2014 $2,066 $80,700 $14,000 $66,700
Source: Public Records

Agents Affiliated with this Home

  • Rob Wheeler

    Seller's Agent in 2016

    Rob Wheeler

    Century 21 Signature

    (515) 710-7721

    87 Total Sales

    Rob Wheeler
    Section Image
  • Kent Lehs

    Buyer's Agent in 2016

    Kent Lehs

    Iowa Realty Beaverdale

    (515) 669-2969

    24 Total Sales

    Kent Lehs
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 504017

Des Moines Area Association of REALTORS®

APN: 070-01669000000

Iowa Polk County Des Moines 50313 Highland Park

3914 2nd Ave, Des Moines, IA

Not Listed for Sale

MultiFamily

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