NOT LISTED FOR SALE

Estimated Value: $244,000 - $272,000

-- Bed
1 Bath
1,408 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $165,000 $117 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,800/month

65 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Storage
  • Ranch Style House
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2017

Income Total $1400/month or $700/unit. Tenant pays utilities. Units have laundry hookups.

Last Listed By

Rick Wanamaker

Iowa Realty Mills Crossing Listed on: 03/18/2017

Iowa Realty Mills Crossing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1977

Lot Details

  • 8,840 Sq Ft Lot
  • Lot Dimensions are 68 x 130

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1 Full Bathroom
  • 1,408 Sq Ft Home
  • Storage
  • Laundry Room
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10000710001000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,720

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 120.67
  • Sp Amt Sq Ft: 117.19
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1408
  • Sq Ft Fin Bsmt: 800
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1408
  • Total Sq Ft: 1408

Exterior Features

  • Exterior: Brick, Frame
  • Foundation: Poured
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • 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
  • Manager: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2030
  • Lot S F: 8840
  • Lot Size: 68 X 130
  • Assessor Parcel Number: 10000710001000
  • Zoning: R2

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Water Tenant

Tax Info

  • Gross Taxes: 3720.00
  • Net Taxes: 3720.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2017
Closed on
May 20, 2017
Sold by
Supstiks Edgars J
Bought by
Erickson Stephen C and Erickson Linda
Seller's Agent
Rick Wanamaker
Iowa Realty Mills Crossing
Buyer's Agent
Galen Kurth
RE/MAX Concepts
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Total Days on Market
65
Current Estimated Value
$256,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,691
Avg. Annual Appreciation
5.67%
Original Mortgage
$123,750
Outstanding Balance
$104,320
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$152,371

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
Erickson Stephen C $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Stephen C $123,750
Previous Owner Mcclish June L $60,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $165,000 -2.9% $117 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
03/18/2017 03/18/17 For Sale $169,900 -- $121 / 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 $4,358 $221,500 $39,900 $181,600
2023 $4,320 $221,500 $39,900 $181,600
2022 $4,288 $183,300 $35,000 $148,300
2021 $4,298 $183,300 $35,000 $148,300
2020 $4,464 $172,200 $32,700 $139,500
2019 $4,144 $172,200 $32,700 $139,500
2018 $4,102 $154,200 $28,600 $125,600
2017 $3,818 $154,200 $28,600 $125,600
2016 $3,720 $141,200 $25,600 $115,600
2015 $3,720 $141,200 $25,600 $115,600
2014 $3,270 $127,700 $22,800 $104,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 536917

Des Moines Area Association of REALTORS®

APN: 100-00710001000