NOT LISTED FOR SALE

3946 Lay St Des Moines, IA 50317

Douglas Acres Neighborhood

Estimated Value: $207,000 - $236,000

-- Bed
2 Baths
1,408 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 13, 2017

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

Est. 70% increase in value since last sale

Current estimated payment $1,509/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 Listed By

George Archer

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

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
  • Sq Ft Bsmt: 1408
  • 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

Schools

  • School District: Des Moines Independent

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%
Total Days on Market
38
Current Estimated Value
$220,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,509
Avg. Annual Appreciation
7.35%
Original Mortgage
$104,000
Outstanding Balance
$88,316
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,706

Purchase Details

Closed on
Nov 24, 1998
Sold by
Srs Inc
Bought by
Stuart Nicholas N

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
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 Change Sq Ft Price
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
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

    116 Total Sales

    George Archer
    Section Image
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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

Homes for Sale in Des Moines, IA

This home is located at 3946 Lay St, Des Moines, IA 50317 since 05 September 2017 and is currently estimated at $220,509, approximately $156 per square foot. This property was built in 1970. 3946 Lay St is a home located in Polk County with nearby schools including Garton Elementary School, Goodrell Middle School, and North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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