NOT LISTED FOR SALE

Estimated Value: $186,000 - $238,000

-- Bed
2 Baths
945 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $240,000 $254 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,427/month

4 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Storage
  • Community Storage Space

About This Home

As of February 2024

Fantastic Investment Opportunity! This well-maintained duplex, nestled in a prime NE Des Moines location, boasts two spacious units, each with 2 bedrooms, 1 full bathroom, a full kitchen and laundry. Currently occupied by long-term tenants who are eager to stay, this property is a true turnkey gem. Situated on a charming street surrounded by beautifully kept homes, it offers convenient access to both Altoona and Des Moines. Don't miss out on this exceptional investment with reliable income potential!

Last Agent to Sell the Property

Timothy Scheib

RE/MAX Precision Listed on: 01/04/2024

RE/MAX Precision

Last Buyer's Agent

Kathy Kooyman

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,469

Year Built

  • Built in 1968

Lot Details

  • 7,931 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Split Foyer
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 945 Sq Ft Home
  • Storage
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • 2 Kitchens
  • Stove

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space
  • Gross Income $1,800

Listing and Financial Details

  • Assessor Parcel Number 06000849094000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,469

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Split Foyer
  • Lp Amt Sq Ft: 259.26
  • Sp Amt Sq Ft: 253.97
  • Termite: Follow Showing Instructions
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Finished, Walkout
  • Sq Ft Bsmt: 945
  • Sq Ft Fin Bsmt: 945
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 945
  • Total Sq Ft: 945

Exterior Features

  • Exterior: Wood
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: 4

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 2

Association/Amenities

  • Amenities: Extra Storage

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1820
  • Lot S F: 7931
  • Lot Shape: Regular
  • Assessor Parcel Number: 06000849094000
  • Zoning: N3A

Rental Info

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

Tax Info

  • Gross Taxes: 3469.45
  • Net Taxes: 3469.45

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 31, 2024
Sold by
Charlene A Harper Trust
Bought by
New Door Llc
Seller's Agent
Timothy Scheib
RE/MAX Precision
Buyer's Agent
Kathy Kooyman
RE/MAX Concepts
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Views
6
Current Estimated Value
$206,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,216
Avg. Annual Appreciation
-1.46%

Purchase Details

Closed on
Apr 22, 2022
Sold by
M & N Properties Llc
Bought by
Harper Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2021
Sold by
M & N Properties Llc
Bought by
Charlene Harper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.8%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
May 4, 2015
Sold by
Brown Mark S and Brown Nancy J
Bought by
M & N Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2014
Sold by
M & N Properties Llc
Bought by
Brown Mark S and Brown Nancy J

Purchase Details

Closed on
Dec 17, 2007
Sold by
Liquidation Properties Inc
Bought by
Brown Mark S and Brown Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2007
Sold by
Accredited Home Lenders Inc
Bought by
Liquidation Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2007
Sold by
Spong Jason Michael
Bought by
Accredited Home Lenders Inc

Purchase Details

Closed on
Jul 25, 2005
Sold by
Simms Hoy Lee and Simms Marjorie D
Bought by
Spong Jason Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.26%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 14, 1997
Sold by
Srs Inc
Bought by
Simms Hoy Lee and Simms Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7.74%

Purchase Details

Closed on
Mar 7, 1997
Sold by
Godlewski Robert David
Bought by
Srs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7.74%
Source: Public Records

Range of Values:

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Average Value
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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
New Door Llc $240,000 None Listed On Document
Harper Charlene $165,000 None Listed On Document
Charlene Harper $165,000 None Available
M & N Properties Llc -- None Available
Brown Mark S -- None Available
Brown Mark S $95,500 Service Link
Liquidation Properties Inc -- Service Link
Accredited Home Lenders Inc $121,550 None Available
Spong Jason Michael $139,500 --
Simms Hoy Lee $79,500 --
Srs Inc $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Door Llc $192,000
Previous Owner Harper Charlene $136,000
Previous Owner Charlene Harper $160,000
Previous Owner Brown Mark S $70,000
Previous Owner Brown Mark S $76,800
Previous Owner Spong Jason Michael $28,000
Previous Owner Spong Jason Michael $112,000
Previous Owner Simms Hoy Lee $63,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $240,000 -2.0% $254 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $245,000 -- $259 / 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 $3,416 $173,600 $35,900 $137,700
2023 $3,418 $173,600 $35,900 $137,700
2022 $3,392 $145,000 $30,000 $115,000
2021 $3,364 $145,000 $30,000 $115,000
2020 $3,494 $134,800 $27,800 $107,000
2019 $3,204 $134,800 $27,800 $107,000
2018 $3,172 $119,200 $24,000 $95,200
2017 $3,000 $119,200 $24,000 $95,200
2016 $2,922 $110,900 $22,000 $88,900
2015 $2,922 $110,900 $22,000 $88,900
2014 $2,816 $106,000 $20,800 $85,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 687246

Des Moines Area Association of REALTORS®

APN: 060-00849094000