NOT LISTED FOR SALE

3924 E 38th St Des Moines, IA 50317

Capitol Heights Neighborhood

Estimated Value: $240,000 - $282,802

Studio
4 Baths
2,640 Sq Ft
$102/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $202,000 $77 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,813/month

31 Days on Market

Highlights

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

About This Home

As of February 2021

24 hour sale

Last Agent to Sell the Property

Brett Fine

RE/MAX Concepts Listed on: 01/26/2021

RE/MAX Concepts

Last Buyer's Agent

Meghan O'Brien

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 80x300

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 06000065002000

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0.55 Acres

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 77.65
  • Sp Amt Sq Ft: 76.52
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 1
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Second Floor Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 2
  • Living Area Sq Ft: 2640
  • Total Sq Ft: 2640

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Garage: 2 Detached

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.5510
  • Lot S F: 24000
  • Lot Size: 80X300
  • Assessor Parcel Number: 06000065002000
  • Zoning: R

Tax Info

  • Gross Taxes: 5070.00
  • Net Taxes: 5070.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Feb 19, 2021
Sold by
Fine Brett and Fine Brooke E
Bought by
Street Rentals Llc
Seller's Agent
Brett Fine
RE/MAX Concepts
Buyer's Agent
Meghan O'Brien
Realty ONE Group Impact
List Price
$205,000
Sold Price
$202,000
Premium/Discount to List
-$3,000
-1.46%
Current Estimated Value
$268,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,201
Avg. Annual Appreciation
5.87%
Original Mortgage
$336,278
Outstanding Balance
$300,764
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$32,563

Purchase Details

Listed on
Sep 15, 2016
Closed on
Feb 21, 2017
Sold by
Cooper Doran J and Cooper Joelle R
Bought by
Fine Brooke E and Fine Brett
Seller's Agent
Terry Adams
Keller Williams Legacy Group
Buyer's Agent
Brett Fine
RE/MAX Concepts
List Price
$179,900
Sold Price
$169,500
Premium/Discount to List
-$10,400
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
Jun 27, 2013
Sold by
All In Properties Llc
Bought by
Cooper Doran J and Cooper Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,549
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2010
Sold by
West Bank
Bought by
All In Properties Llc

Purchase Details

Closed on
Jan 21, 2010
Sold by
Rustan Larry A
Bought by
West Bank

Purchase Details

Closed on
Jul 15, 2005
Sold by
Reeves Donald J
Bought by
Rustan Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Reeves Elizabeth M
Bought by
Reeves Donald

Purchase Details

Closed on
Aug 3, 1999
Sold by
Callies Carmen A and Colosimo Ella J
Bought by
Reeves Donald J and Reeves Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.77%
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
Street Rentals Llc $202,000 None Available
Fine Brooke E -- None Available
Cooper Doran J $162,000 None Available
All In Properties Llc $137,500 Itc
West Bank $128,372 None Available
Rustan Larry $152,500 --
Reeves Donald -- --
Reeves Donald J $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Street Rentals Llc $336,278
Previous Owner Cooper Doran J $123,549
Previous Owner Rustan Larry $122,400
Previous Owner Reeves Donald J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $202,000 -1.5% $77 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $205,000 +20.9% $78 / Sq Ft
02/21/2017 02/21/17 Sold $169,500 -5.8% $64 / Sq Ft View Prior Sale
01/22/2017 01/22/17 Pending -- -- --
09/15/2016 09/15/16 For Sale $179,900 -- $68 / 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
2025 $5,168 $278,200 $47,700 $230,500
2024 $5,168 $262,700 $44,200 $218,500
2023 $5,024 $262,700 $44,200 $218,500
2022 $4,986 $213,200 $37,200 $176,000
2021 $4,882 $213,200 $37,200 $176,000
2020 $5,070 $195,600 $34,400 $161,200
2019 $4,744 $195,600 $34,400 $161,200
2018 $4,696 $176,500 $30,200 $146,300
2017 $4,400 $176,500 $30,200 $146,300
2016 $4,288 $162,700 $27,300 $135,400
2015 $4,288 $162,700 $27,300 $135,400
2014 $4,604 $173,300 $28,600 $144,700
Source: Public Records

Agents Affiliated with this Home

  • Brett Fine

    Seller's Agent in 2021

    Brett Fine

    RE/MAX Concepts

    (515) 314-8673

    4 in this area

    152 Total Sales

    Brett Fine
    Section Image
  • Meghan O'Brien

    Buyer's Agent in 2021

    Meghan O'Brien

    Realty ONE Group Impact

    (515) 554-5312

    1 in this area

    109 Total Sales

    Meghan O'Brien
    Section Image
  • Terry Adams

    Seller's Agent in 2017

    Terry Adams

    Keller Williams Legacy Group

    (515) 943-0573

    65 Total Sales

    Terry Adams
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 621361

Des Moines Area Association of REALTORS®

APN: 060-00065002000

Iowa Polk County Des Moines 50317 Capitol Heights

3924 E 38th St, Des Moines, IA

Not Listed for Sale

MultiFamily

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