NOT LISTED FOR SALE

4028 72nd St Urbandale, IA 50322

Estimated Value: $293,000 - $327,000

-- Bed
3 Baths
1,781 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $279,000 $157 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,025/month

45 Days on Market

Highlights

  • 2 Kitchens
  • Wood Flooring
  • Laundry Room
  • Ranch Style House
  • No HOA
  • 1-minute walk to Lions Park

About This Home

As of July 2021

Rare Find in Urbandale Next to the Park and new elementary school. This rock solid brick duplex is a perfect Owner occupied opportunity or an excellent investment for a landlord looking to expand the portfolio. All appliances are included, the roof and gutter system were new in 2019.The 3 bedroom unit on the Northside is rented and we don't have a key but have set aside a 2 hour window to see inside the both units on June 10th from 4:00PM to 6:00PM. There are multiple offers and we will review them Friday June 11th at 1:00PM. We look forward to presenting your highest and best offer with proof of funds to close and at least a $2,500 earnest deposit. The buyer is welcome to make the offer subject to an inspection for their piece of mind but the property is to be sold as is and this sale will be subject to a tax exchange for the Sellers.

Last Agent to Sell the Property

Kim and David White

RE/MAX Concepts Listed on: 06/07/2021

Co-Listed By

Kim white

RE/MAX Concepts

Last Buyer's Agent

Chris Fultz

Iowa Realty Beaverdale

Iowa Realty Beaverdale

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 1967

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90.6x139

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,781 Sq Ft Home
  • Storage
  • Laundry Room
  • Unfinished Basement
  • Basement Window Egress
  • Fire and Smoke Detector

Kitchen

  • 2 Kitchens
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 31202838055000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,930

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 140.37
  • Sp Amt Sq Ft: 156.65
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Cable TV, Hardwood Floors, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Basement Description: Egress Windows, Partial Finished, Unfinished
  • Sq Ft Bsmt: 1817
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 1781
  • Partial Bathrooms: 1
  • Total Sq Ft: 1781

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Concrete Block
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Sidewalk: y
  • Street Feature: Concrete, Public Sidewalk
  • Trim: Oak, Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Urbandale

Lot Info

  • Acres: 0.2880
  • Lot S F: 12545
  • Lot Shape: Regular
  • Lot Size: 90.6X139
  • Assessor Parcel Number: 31202838055000
  • Zoning: R-1S

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Janitor Tenant, Misc Exp Landlord, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 3930.00
  • Net Taxes: 3930.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Urbandale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 26, 2021
Sold by
Smith Jimmy Wayne and Smith Rebecca Lynne
Bought by
Durbin Blake Andrew and Durbin Jaime Lynne
Seller's Agent
Kim and David White
RE/MAX Concepts
Buyer's Agent
Chris Fultz
Iowa Realty Beaverdale
List Price
$250,000
Sold Price
$279,000
Premium/Discount to List
$29,000
11.6%
Current Estimated Value
$306,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,979
Avg. Annual Appreciation
2.94%
Original Mortgage
$270,019
Outstanding Balance
$246,419
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$67,563

Purchase Details

Closed on
Dec 26, 2012
Sold by
Rebco Enterprises Llc
Bought by
Smith Jimmy Wayne and Smith Robert Lynne

Purchase Details

Closed on
Jul 1, 2003
Sold by
Smith Jimmy W and Smith Rebecca L
Bought by
Rebco Enterprises Llc
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
Durbin Blake Andrew $279,000 None Available
Smith Jimmy Wayne -- None Available
Rebco Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durbin Blake Andrew $270,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $279,000 +11.6% $157 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $250,000 -- $140 / 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 $4,240 $244,600 $64,100 $180,500
2023 $3,770 $244,600 $64,100 $180,500
2022 $3,916 $184,600 $50,900 $133,700
2021 $3,998 $184,600 $50,900 $133,700
2020 $3,930 $178,900 $49,100 $129,800
2019 $3,668 $178,900 $49,100 $129,800
2018 $3,534 $159,500 $42,900 $116,600
2017 $3,292 $159,500 $42,900 $116,600
2016 $3,210 $146,000 $38,600 $107,400
2015 $3,210 $146,000 $38,600 $107,400
2014 $3,226 $145,400 $37,800 $107,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 630880

Des Moines Area Association of REALTORS®

APN: 312-02838055000