NOT LISTED FOR SALE

3946 Lay St Des Moines, IA 50317

Douglas Acres Neighborhood

Estimated Value: $209,000 - $244,000

-- Bed
2 Baths
1,408 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $130,000 $92 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,462/month

38 Days on Market

Highlights

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

About This Home

As of October 2017

Great neighborhood. New roof 2016.

Last Agent to Sell the Property

George Archer

RE/MAX Concepts Listed on: 09/05/2017

RE/MAX Concepts

Last Buyer's Agent

Jermaine Parkey

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,762

Year Built

  • Built in 1970

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 78x125

Home Design

  • 1,408 Sq Ft Home
  • Ranch Style House
  • Block Foundation

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 06002594027000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,762

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 99.36
  • Sp Amt Sq Ft: 92.33
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 2
  • Living Area Sq Ft: 1408
  • Total Sq Ft: 1408

Exterior Features

  • Foundation: Concrete Block

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2240
  • Lot S F: 9750
  • Lot Size: 78X125
  • Assessor Parcel Number: 06002594027000
  • Zoning: RES

Rental Info

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

Tax Info

  • Gross Taxes: 2762.00
  • Net Taxes: 2762.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
Oct 6, 2017
Sold by
Stuart Nicholas N
Bought by
Three Hill Holdings Llc
Seller's Agent
George Archer
RE/MAX Concepts
Buyer's Agent
Jermaine Parkey
RE/MAX Concepts
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Current Estimated Value
$224,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,078
Avg. Annual Appreciation
6.90%
Original Mortgage
$104,000
Outstanding Balance
$86,660
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,418

Purchase Details

Closed on
Nov 24, 1998
Sold by
Srs Inc
Bought by
Stuart Nicholas N
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
Three Hill Holdings Llc $130,000 None Available
Stuart Nicholas N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Three Hill Holdings Llc $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2017 10/13/17 Sold $130,000 -7.1% $92 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $139,900 -- $99 / 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 $3,438 $198,500 $43,100 $155,400
2024 $3,438 $174,800 $37,400 $137,400
2023 $3,316 $174,800 $37,400 $137,400
2022 $3,290 $140,700 $31,500 $109,200
2021 $3,246 $140,700 $31,500 $109,200
2020 $3,372 $130,100 $29,000 $101,100
2019 $2,970 $130,100 $29,000 $101,100
2018 $2,940 $110,500 $24,100 $86,400
2017 $2,762 $110,500 $24,100 $86,400
2016 $2,690 $102,100 $22,200 $79,900
2015 $2,690 $102,100 $22,200 $79,900
2014 $2,968 $111,700 $24,000 $87,700
Source: Public Records

Agents Affiliated with this Home

  • George Archer

    Seller's Agent in 2017

    George Archer

    RE/MAX

    (515) 208-5068

    97 Total Sales

    George Archer
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 547241

Des Moines Area Association of REALTORS®

APN: 060-02594027000

Iowa Polk County Des Moines 50317 Douglas Acres

3946 Lay St, Des Moines, IA

Not Listed for Sale

MultiFamily

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