NOT LISTED FOR SALE

3917 SW 3rd St Des Moines, IA 50315

Watrous Heights Neighborhood

Estimated Value: $292,619 - $376,000

-- Bed
4 Baths
2,360 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $250,000 $106 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,173/month

41 Days on Market

Highlights

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

About This Home

As of July 2021

Fantastic investment property to add to your portfolio. Duplex with 1st side is 4 bedrooms, 2 full and one half bath and has been remodeled. Other side is a 3 bedroom with 2.5 baths. New roof in 2020. New Deck in 2021. Call, text or email for rent rolls.

Last Agent to Sell the Property

Matthew Parmenter

Keller Williams Realty GDM Listed on: 06/01/2021

Keller Williams Realty GDM

Last Buyer's Agent

Elizabeth Keller

CHASE Collective

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,935

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Storage
  • Laundry Room
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 01829000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $50
  • Gross Income $2,475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,935

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block

Utilities

  • Air Conditioner: GeoThermal
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Fee Information

  • Total Expense: 50

Lot Info

  • Acres: 0.2640
  • Lot S F: 11484
  • Assessor Parcel Number: 01829000000
  • Zoning: N3A

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Tenant

Tax Info

  • Gross Taxes: 5935.00
  • Net Taxes: 5935.00
  • 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

Closed on
Jul 13, 2023
Sold by
Findlay Colin R
Bought by
Findfour Llc
Current Estimated Value
$324,155

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 12, 2021
Sold by
Allgood Properties Llc
Bought by
Findlay Colin R
Seller's Agent
Matthew Parmenter
Keller Williams Realty GDM
Buyer's Agent
Elizabeth Keller
CHASE Collective
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$187,500
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2021
Sold by
Heckman Andrew and Heckman Ami J
Bought by
Allgood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Findfour Llc -- None Listed On Document
Findlay Colin R $250,000 None Listed On Document
Allgood Properties Llc $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Findlay Colin R $187,500
Previous Owner Allgood Properties Llc $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $250,000 0.0% $106 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $250,000 -- $106 / 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 $5,610 $317,900 $38,900 $279,000
2024 $5,610 $285,200 $34,300 $250,900
2023 $5,312 $285,200 $34,300 $250,900
2022 $5,228 $225,400 $28,200 $197,200
2021 $4,936 $223,500 $28,200 $195,300
2020 $5,128 $197,800 $25,100 $172,700
2019 $4,740 $197,800 $25,100 $172,700
2018 $4,692 $176,400 $21,800 $154,600
2017 $4,386 $176,400 $21,800 $154,600
2016 $4,274 $162,200 $19,700 $142,500
2015 $4,274 $162,200 $19,700 $142,500
2014 $4,012 $156,700 $18,600 $138,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Matthew Parmenter

    Keller Williams Realty GDM

    (515) 321-4810

    1 in this area

    22 Total Sales

    Matthew Parmenter
    Section Image
  • Elizabeth Keller

    Buyer's Agent in 2021

    Elizabeth Keller

    CHASE Collective

    (515) 423-5607

    1 in this area

    286 Total Sales

    Elizabeth Keller
    Section Image
  • Liz Prue

    Buyer's Agent in 2021

    Liz Prue

    RE/MAX

    (515) 423-5607

    1 in this area

    152 Total Sales

    Liz Prue
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 630343

Des Moines Area Association of REALTORS®

APN: 010-01829000000

Iowa Polk County Des Moines 50315 Watrous Heights

3917 SW 3rd St, Des Moines, IA

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