$112,000
SOLD JUN 18, 2018
-- Bed
2 Baths
1,387 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

5% Above List Price

32 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Shades
  • Storage

About This Home

As of July 2020

Great NE 2-unit, fully rented and producing a nice return. Spacious main floor unit currently rented for $725, would be ideal for owner occupant; nice front porch and living room with brick woodburning fireplace. Upper unit with private entrance currently rented for $655. Basement has laundry hookups and storage; 18 x 20 detached garage with new door and opener, plus carport. Maintenance free exterior; fenced rear yard. Roof replaced about 9 years ago; furnace new about 6 yrs ago. Tenants pay all utilities except water. Current rental certificate to 3/25/2020

Last Agent to Sell the Property

Tom Casey

Key Realty

Last Buyer's Agent

Derek Veldhouse

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1926

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,387 Sq Ft Home
  • 1.5-Story Property
  • Shades
  • Storage
  • Laundry Room
  • Fire and Smoke Detector

Kitchen

  • 2 Kitchens
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 07001127000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,356

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 77.14
  • Sp Amt Sq Ft: 80.75
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Hardwood Floors, Shades/Shutters, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Sq Ft Bsmt: 816
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1387
  • Total Sq Ft: 1387

Exterior Features

  • Exterior: Brick, Metal Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak, Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached
  • Off Street Parking: y

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1490
  • Lot S F: 6500
  • Lot Size: 50X130
  • Assessor Parcel Number: 07001127000000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 2356.00
  • Net Taxes: 2356.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jun 29, 2020
Sold by
Bauman James E and Bauman Mary A
Bought by
Daniels Preston and Daniels Patricia
Seller's Agent
Jolene Lindell
Realty ONE Group Impact
Buyer's Agent
Tim Rietz
BHHS First Realty Westown
List Price
$117,900
Sold Price
$95,000
Premium/Discount to List
-$22,900
-19.42%
Total Days on Market
32
Current Estimated Value
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,000
Avg. Annual Appreciation
10.80%
Original Mortgage
$77,574
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 23, 2018
Closed on
May 21, 2018
Sold by
Apartments By Ellingson Llc
Bought by
Bauman James E and Bauman Mary A
Seller's Agent
Tom Casey
Key Realty
Buyer's Agent
Derek Veldhouse
RE/MAX Concepts
List Price
$107,000
Sold Price
$112,000
Premium/Discount to List
$5,000
4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.75%
Original Mortgage
$89,600
Interest Rate
4.4%
Mortgage Type
New Conventional

Map

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 Type Sale Price Title Company
Warranty Deed $95,000 None Available
Warranty Deed $112,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $218,000 Commercial
Closed $77,574 Future Advance Clause Open End Mortgage
Previous Owner $89,600 New Conventional
Previous Owner $1,000,000 Unknown
Previous Owner $57,600 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2020 07/03/20 Sold $95,000 -19.4% $68 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
10/01/2019 10/01/19 For Sale $117,900 +5.3% $85 / Sq Ft
06/18/2018 06/18/18 Sold $112,000 +4.7% $81 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $107,000 -- $77 / 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
2024 $2,656 $135,000 $23,000 $112,000
2023 $2,998 $135,000 $23,000 $112,000
2022 $2,976 $127,200 $20,000 $107,200
2021 $2,746 $127,200 $20,000 $107,200
2020 $2,852 $110,000 $17,500 $92,500
2019 $2,590 $110,000 $17,500 $92,500
2018 $2,564 $96,400 $15,100 $81,300
2017 $2,356 $96,400 $15,100 $81,300
2016 $2,296 $87,100 $13,600 $73,500
2015 $2,296 $87,100 $13,600 $73,500
2014 $2,172 $84,800 $12,900 $71,900
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 559331

Des Moines Area Association of REALTORS®

APN: 070-01127000000