412 8th St West Des Moines, IA 50265
Estimated Value: $246,000
--
Bed
2
Baths
1,596
Sq Ft
$154/Sq Ft
Est. Value
Highlights
- 2 Kitchens
- Wood Flooring
- Laundry Room
- Valley High School Rated A
- No HOA
- 3-minute walk to Nellie Phenix Commons
About This Home
As of March 2019Now is your chance to own an investment property in Valley Junction! So many possibilities await this conversion home situated on a double lot. Live in one unit while renting the other unit out or simply fix up both to be rented. The main level unit offers a spacious kitchen and living space while the upstairs unit is simple and compact. Grab your tool belt and get to work, this would be a great project to work on through the winter and get tenants in this spring! Sold as-is.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1916
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 75x145
Home Design
- Brick Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,596 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Crawl Space
- 2 Kitchens
Flooring
- Wood
- Vinyl
Laundry
- Laundry Room
- Laundry on main level
- Washer
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 32003694000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2025
Sold by
Malone Holdings Llc
Bought by
Lbd Llc
Total Days on Market
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$150,000
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$94,000
Purchase Details
Listed on
Dec 20, 2018
Closed on
Feb 21, 2019
Sold by
Burgart Julie N
Bought by
Burgart Sandra K and Burgart Zachary A
Seller's Agent
Erika Hansen
RE/MAX Real Estate Center
Buyer's Agent
Nick Stephenson
Realty ONE Group Impact
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%
Original Mortgage
$114,991
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Listed on
Dec 20, 2018
Closed on
Feb 18, 2019
Sold by
Burgart Sandra K and Burgart Zachary A
Bought by
Malone Holdings Llc
Seller's Agent
Erika Hansen
RE/MAX Real Estate Center
Buyer's Agent
Nick Stephenson
Realty ONE Group Impact
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,991
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 7, 2017
Sold by
Burgart Sandra K
Bought by
Burgart Sandra K and Burgart Zachary A
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
Similar Home in West Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lbd Llc | $150,000 | None Listed On Document | |
| Burgart Sandra K | -- | None Available | |
| Malone Holdings Llc | $105,000 | None Available | |
| Burgart Sandra K | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lbd Llc | $150,000 | |
| Previous Owner | Malone Holdings Llc | $182,000 | |
| Previous Owner | Malone Holdings Llc | $114,991 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2019 03/05/19 | Sold | $105,000 | -12.4% | $66 / Sq Ft |
| 02/20/2019 02/20/19 | Pending | -- | -- | -- |
| 12/20/2018 12/20/18 | For Sale | $119,900 | -- | $75 / 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 | $3,628 | $228,900 | $46,700 | $182,200 |
| 2023 | $3,372 | $228,900 | $46,700 | $182,200 |
| 2022 | $3,332 | $174,600 | $37,500 | $137,100 |
| 2021 | $3,136 | $174,600 | $37,500 | $137,100 |
| 2020 | $2,970 | $156,400 | $33,800 | $122,600 |
| 2019 | $2,578 | $150,400 | $33,800 | $116,600 |
| 2018 | $2,580 | $134,400 | $30,000 | $104,400 |
| 2017 | $2,486 | $134,400 | $30,000 | $104,400 |
| 2016 | $2,428 | $126,100 | $28,000 | $98,100 |
| 2015 | $2,428 | $126,100 | $28,000 | $98,100 |
| 2014 | $2,524 | $125,400 | $27,500 | $97,900 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Hansen
Seller's Agent in 2019
Erika Hansen
RE/MAX Real Estate Center
(515) 720-2618
40 in this area
195 Total Sales
-
Nick Stephenson
Buyer's Agent in 2019
Nick Stephenson
Realty ONE Group Impact
(515) 508-9087
5 in this area
90 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 574209
APN: 320-03694000000
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