401 Franklin Ave Des Moines, IA 50314
River Bend Neighborhood
--
Bed
4
Baths
2,381
Sq Ft
8,352
Sq Ft Lot
Highlights
- 2 Kitchens
- Storage
- Forced Air Heating System
- No HOA
About This Home
As of June 2021Renovated duplex in Historic Riverbend District. Property was torn down to the studs in spring of 2018 and has been completely renovated. Tenants pay gas/electric & landlord pays water.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,556
Year Built
- Built in 1901
Lot Details
- 8,352 Sq Ft Lot
Home Design
- Block Foundation
- Asphalt Shingled Roof
Interior Spaces
- 2,381 Sq Ft Home
- 2-Story Property
- Storage
- 2 Kitchens
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 08000150001000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2021
Closed on
Jun 11, 2021
Sold by
Aqualeo Llc
Bought by
Sam Days Holdings Llc
Seller's Agent
Karoline Benskin
Keller Williams Realty GDM
Buyer's Agent
Meghan O'Brien
Realty ONE Group Impact
List Price
$154,900
Sold Price
$154,000
Premium/Discount to List
-$900
-0.58%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,716
Avg. Annual Appreciation
3.73%
Purchase Details
Closed on
Mar 4, 2020
Sold by
Castillo Ruben A and Castillo Molly A
Bought by
Aqualeo Llc
Purchase Details
Listed on
Nov 18, 2019
Closed on
Jan 2, 2020
Sold by
Twister Llc
Bought by
Castillo Ruben and Castillo Alex Ruben
Seller's Agent
Chris Chiaramonte
Century 21 Signature
Buyer's Agent
Karoline Benskin
Keller Williams Realty GDM
List Price
$130,000
Sold Price
$130,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$97,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 1, 2017
Closed on
Oct 30, 2017
Sold by
Bbt Rentals Llc
Bought by
Twister Llc
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Chris Chiaramonte
Century 21 Signature
List Price
$55,000
Sold Price
$55,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.11%
Original Mortgage
$97,500
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jan 4, 2016
Closed on
Feb 14, 2017
Sold by
Narita 21 Llc
Bought by
Bbt Rentals Llc
Seller's Agent
Rick Wanamaker
Iowa Realty Mills Crossing
Buyer's Agent
Pennie Carroll
Pennie Carroll & Associates
List Price
$95,000
Sold Price
$57,000
Premium/Discount to List
-$38,000
-40%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.19%
Purchase Details
Closed on
Nov 4, 2005
Sold by
Robb Spearman Llc
Bought by
Rivas Shannon Barry and Rivas Manuel J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 3, 2005
Sold by
Schubert Anthony E
Bought by
Robb Spearman Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 2, 2003
Sold by
Contract Exchange Corp
Bought by
Schubert Anthony E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
9.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 6, 2003
Sold by
Contract Exchange Corp
Bought by
Robb Spearman Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
9.9%
Mortgage Type
Commercial
Purchase Details
Closed on
May 29, 2003
Sold by
Spiering David and Spiering Diane
Bought by
Contract Exchange Corp
Purchase Details
Closed on
Jan 14, 2003
Sold by
Towers Steven and Towers Karen
Bought by
Yom Ty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 14, 2000
Sold by
Weinstein Frank E
Bought by
Spiering David and Brown Russell C
Similar Homes in Des Moines, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $154,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $130,000 | None Available | |
| Warranty Deed | $55,000 | None Available | |
| Warranty Deed | $57,000 | None Available | |
| Corporate Deed | $84,500 | -- | |
| Warranty Deed | $71,500 | -- | |
| Corporate Deed | -- | -- | |
| Contract Of Sale | $72,000 | -- | |
| Warranty Deed | $27,500 | -- | |
| Contract Of Sale | $50,000 | -- | |
| Warranty Deed | $27,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $133,000 | New Conventional | |
| Previous Owner | $97,500 | New Conventional | |
| Previous Owner | $97,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $68,000 | Commercial | |
| Previous Owner | $71,900 | Commercial | |
| Previous Owner | $45,000 | Seller Take Back | |
| Previous Owner | $45,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2021 06/15/21 | Sold | $154,000 | -0.6% | $65 / Sq Ft |
| 05/12/2021 05/12/21 | Pending | -- | -- | -- |
| 05/07/2021 05/07/21 | For Sale | $154,900 | +19.2% | $65 / Sq Ft |
| 01/02/2020 01/02/20 | Sold | $130,000 | 0.0% | $55 / Sq Ft |
| 01/02/2020 01/02/20 | Pending | -- | -- | -- |
| 11/18/2019 11/18/19 | For Sale | $130,000 | +136.4% | $55 / Sq Ft |
| 10/26/2017 10/26/17 | Sold | $55,000 | 0.0% | $23 / Sq Ft |
| 09/26/2017 09/26/17 | Pending | -- | -- | -- |
| 09/01/2017 09/01/17 | For Sale | $55,000 | -3.5% | $23 / Sq Ft |
| 02/24/2017 02/24/17 | Sold | $57,000 | -40.0% | $24 / Sq Ft |
| 02/13/2017 02/13/17 | Pending | -- | -- | -- |
| 01/04/2016 01/04/16 | For Sale | $95,000 | -- | $40 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,132 | $159,200 | $15,400 | $143,800 |
| 2023 | $2,960 | $159,200 | $15,400 | $143,800 |
| 2022 | $2,938 | $125,600 | $12,800 | $112,800 |
| 2021 | $2,728 | $125,600 | $12,800 | $112,800 |
| 2020 | $2,834 | $109,300 | $11,200 | $98,100 |
| 2019 | $1,556 | $109,300 | $11,200 | $98,100 |
| 2018 | $1,540 | $57,900 | $10,100 | $47,800 |
| 2017 | $2,950 | $57,900 | $10,100 | $47,800 |
| 2016 | $2,874 | $109,100 | $9,400 | $99,700 |
| 2015 | $2,874 | $109,100 | $9,400 | $99,700 |
| 2014 | $2,706 | $105,700 | $9,200 | $96,500 |
Source: Public Records
Agents Affiliated with this Home
-
Karoline Benskin
Seller's Agent in 2021
Karoline Benskin
Keller Williams Realty GDM
(515) 710-9081
2 in this area
66 Total Sales
-
Meghan O'Brien
Buyer's Agent in 2021
Meghan O'Brien
Realty ONE Group Impact
(515) 554-5312
2 in this area
120 Total Sales
-
Chris Chiaramonte
Seller's Agent in 2020
Chris Chiaramonte
Century 21 Signature
(515) 963-1040
6 in this area
160 Total Sales
-
OUTSIDE AGENT
O
Seller's Agent in 2017
OUTSIDE AGENT
OTHER
7 in this area
5,772 Total Sales
-
Rick Wanamaker
Seller's Agent in 2017
Rick Wanamaker
Iowa Realty Mills Crossing
(515) 771-2412
285 Total Sales
-
Pennie Carroll
Buyer's Agent in 2017
Pennie Carroll
Pennie Carroll & Associates
(515) 490-8025
2 in this area
1,294 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 595119
APN: 080-00150001000
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.
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.
Nearby Homes