NOT LISTED FOR SALE

3920 E 38th St Des Moines, IA 50317

Capitol Heights Neighborhood

Estimated Value: $207,000 - $260,000

Studio
1 Bath
1,536 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $137,500 $90 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,579/month

42 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 0.55 Acre Lot
  • No HOA

About This Home

As of December 2016

Good investment or rental property. Duplex ranch each with 2 bedroom, 1 full bath, living room and kitchen. Unfinished basement for both units, separate electric meters, many updates. Call to see today!

Last Agent to Sell the Property

Natasha Ratliff

Epique Realty Listed on: 10/17/2016

Last Buyer's Agent

Misty Darling

BH&G Real Estate Innovations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1973

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 80x300

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1 Full Bathroom
  • 1,536 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • 2 Kitchens
  • Stove

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06000065003000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,392

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 93.75
  • Sp Amt Sq Ft: 89.52
  • Termite: Call Listing Agent
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished, Walkout
  • Kitchens: 2
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1536
  • Total Sq Ft: 1536

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block

Garage/Parking

  • 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

Lot Info

  • Acres: 0.5510
  • Lot S F: 24000
  • Lot Size: 80X300
  • Assessor Parcel Number: 06000065003000
  • Zoning: R2

Rental Info

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

Tax Info

  • Gross Taxes: 3392.00
  • Net Taxes: 3392.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2019
Sold by
Platt Kelli M
Bought by
Pp & Pl Llc
Current Estimated Value
$239,047

Purchase Details

Closed on
Jul 16, 2018
Sold by
Platt Ronald J
Bought by
3920 E 38 Llc and Platt Ronald J

Purchase Details

Listed on
Oct 17, 2016
Closed on
Nov 22, 2016
Sold by
Derrough John William and Derrough Mary Ellen
Bought by
Platt Ronald J and Platt Kelli M
Seller's Agent
Natasha Ratliff
Epique Realty
Buyer's Agent
Misty Darling
BH&G Real Estate Innovations
List Price
$144,000
Sold Price
$137,500
Premium/Discount to List
-$6,500
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$103,125
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Pp & Pl Llc -- None Available
3920 E 38 Llc -- None Available
Platt Ronald J $137,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Platt Ronald J $103,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $137,500 -4.5% $90 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $144,000 -- $94 / 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 $4,090 $221,300 $47,700 $173,600
2024 $4,090 $207,900 $44,200 $163,700
2023 $3,958 $207,900 $44,200 $163,700
2022 $3,926 $167,900 $37,200 $130,700
2021 $3,890 $167,900 $37,200 $130,700
2020 $4,042 $155,900 $34,400 $121,500
2019 $3,720 $155,900 $34,400 $121,500
2018 $3,682 $138,400 $30,200 $108,200
2017 $3,460 $138,400 $30,200 $108,200
2016 $3,370 $127,900 $27,300 $100,600
2015 $3,370 $127,900 $27,300 $100,600
2014 $3,502 $136,800 $28,600 $108,200
Source: Public Records

Agents Affiliated with this Home

  • Natasha Ratliff

    Seller's Agent in 2016

    Natasha Ratliff

    Epique Realty

    (515) 943-0219

    3 in this area

    84 Total Sales

    Natasha Ratliff
    Section Image
  • Misty Darling

    Buyer's Agent in 2016

    Misty Darling

    BH&G Real Estate Innovations

    (515) 414-0059

    22 in this area

    1,898 Total Sales

    Misty Darling
    Section Image

  • D

    Buyer Co-Listing Agent in 2016

    Destiny Walker-Woods

    Platinum Realty LLC

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 527405

Des Moines Area Association of REALTORS®

APN: 060-00065003000

Iowa Polk County Des Moines 50317 Capitol Heights

3920 E 38th St, Des Moines, IA

Not Listed for Sale

MultiFamily

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