4025 54th St Des Moines, IA 50310
Merle Hay Neighborhood
--
Bed
2
Baths
1,358
Sq Ft
8,400
Sq Ft Lot
Highlights
- 2 Kitchens
- Laundry Room
- Forced Air Heating and Cooling System
- No HOA
- Storage
- Baseboard Heating
About This Home
As of July 2025Check out this amazing opportunity to own a unique UP/DOWM duplex with separate entrances located in a nice quiet neighborhood close to everything that you'd need. UP unit has 3br 2ba, DOWN has 2br 2 ba and a shared laundry space. Both feature a wood burning fireplace. New Roof 2020, new toilet in the UP 2021, new furnace blower and updated duct work 2021 with a 10 yr. transferrable warranty. Rental certificate updated until 2024. Lots of great income opportunities with this property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,962
Year Built
- Built in 1958
Lot Details
- 8,400 Sq Ft Lot
- Lot Dimensions are 60x140
Home Design
- Duplex
- Brick Exterior Construction
- Block Foundation
- Frame Construction
Interior Spaces
- 1,358 Sq Ft Home
- Storage
- Laundry Room
- Finished Basement
- Walk-Out Basement
- 2 Kitchens
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10000530000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2025
Closed on
Jun 24, 2025
Sold by
Murphy Christopher and Rose Suman
Bought by
Martin Juan Carlos Franc and De Franco Mirna
Seller's Agent
Darson Grantham
Keller Williams Realty GDM
Buyer's Agent
Gilbert Gonzales
RE/MAX Precision
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Views
511
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.27%
Original Mortgage
$232,750
Outstanding Balance
$232,750
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$21,319
Purchase Details
Listed on
Sep 21, 2021
Closed on
Nov 1, 2021
Sold by
Vergara Alex S and Vergara Rebecca S
Bought by
Murphy Christopher and Rose Suman
Seller's Agent
Dan Vierling
Iowa Realty Mills Crossing
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$210,000
Sold Price
$210,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$178,500
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2005
Sold by
Nguyen Trang To and Nguyen Wayne
Bought by
Vergara Alex S and Vergara Rebecca S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,750
Interest Rate
5.91%
Mortgage Type
Commercial
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 | $245,000 | None Listed On Document | |
| Warranty Deed | $245,000 | None Listed On Document | |
| Warranty Deed | $210,000 | None Available | |
| Warranty Deed | $156,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $232,750 | New Conventional | |
| Closed | $232,750 | New Conventional | |
| Previous Owner | $178,500 | New Conventional | |
| Previous Owner | $111,300 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $117,750 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Sold | $245,000 | -5.8% | $180 / Sq Ft |
| 05/28/2025 05/28/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $260,000 | +23.8% | $191 / Sq Ft |
| 11/01/2021 11/01/21 | Sold | $210,000 | 0.0% | $155 / Sq Ft |
| 11/01/2021 11/01/21 | Pending | -- | -- | -- |
| 09/21/2021 09/21/21 | For Sale | $210,000 | -- | $155 / 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 | $4,540 | $241,200 | $45,600 | $195,600 |
| 2023 | $4,608 | $241,200 | $45,600 | $195,600 |
| 2022 | $4,780 | $204,400 | $40,100 | $164,300 |
| 2021 | $4,776 | $204,400 | $40,100 | $164,300 |
| 2020 | $4,962 | $191,400 | $37,400 | $154,000 |
| 2019 | $4,620 | $191,400 | $37,400 | $154,000 |
| 2018 | $4,572 | $171,900 | $32,700 | $139,200 |
| 2017 | $4,146 | $171,900 | $32,700 | $139,200 |
| 2016 | $4,040 | $153,300 | $26,700 | $126,600 |
| 2015 | $4,040 | $153,300 | $26,700 | $126,600 |
| 2014 | $3,624 | $141,500 | $24,400 | $117,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Darson Grantham
Keller Williams Realty GDM
(641) 745-0156
13 in this area
205 Total Sales
-
Buyer's Agent in 2025
Gilbert Gonzales
RE/MAX Precision
(641) 691-2642
4 in this area
275 Total Sales
-
Seller's Agent in 2021
Dan Vierling
Iowa Realty Mills Crossing
(515) 971-3773
8 in this area
95 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 638061
APN: 100/00530-000-000
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