NOT LISTED FOR SALE

Estimated Value: $242,000 - $304,000

-- Bed
4 Baths
1,728 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $181,500 $105 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,815/month

57 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 2018

This amazing NW Des Moines Ranch Duplex home is an excellent investment opportunity. Easy access to I-80 and Merle Hay Mall, consider the possibilities of living on one side and renting out the other. Each unit features 2 bedrooms, seller reports 1 3/4 bath on each side plus both have attractive (non functional fireplace), Hardwood floors, lots of storage and partially finished lower level with Laundry. All appliances in units go with sale. Home has a separate garage for each tenant. Don't worry about disrupting your neighbor both units have separate entrances. Some loans allow you to use the income from the rented unit to help qualify for a loan. Call agent today for showing and more Duplex info.

Last Agent to Sell the Property

Gary Garvis

Zealty Home Advisors Listed on: 03/19/2018

Last Buyer's Agent

Mitch Dunn

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1959

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x131

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Metal Siding

Interior Spaces

  • 4 Bathrooms
  • 1,728 Sq Ft Home
  • Storage
  • Laundry Room
  • 2 Kitchens
  • Finished Basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 08004151000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,340

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 109.95
  • Sp Amt Sq Ft: 105.03
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 1
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Partial Bath Total: 2
  • Basement Description: Finished
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 1728
  • Partial Bathrooms: 2
  • Total Sq Ft: 1728

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Concrete Block
  • Paved: Yes
  • Sidewalk: Y

Garage/Parking

  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Lot Info

  • Acres: 0.2710
  • Lot S F: 11790
  • Lot Size: 90X131
  • Assessor Parcel Number: 08004151000000
  • Zoning: R160

Rental Info

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

Tax Info

  • Gross Taxes: 4340.00
  • Net Taxes: 4340.00

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 19, 2018
Closed on
May 8, 2018
Sold by
Le Ut
Bought by
Komm Tetyana and Komm Dmitriy
Seller's Agent
Gary Garvis
Zealty Home Advisors
Buyer's Agent
Mitch Dunn
RE/MAX Precision
List Price
$190,000
Sold Price
$181,500
Premium/Discount to List
-$8,500
-4.47%
Current Estimated Value
$272,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,145
Avg. Annual Appreciation
5.52%
Original Mortgage
$136,125
Outstanding Balance
$116,956
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$155,689

Purchase Details

Closed on
Nov 7, 2017
Sold by
Le Ngoc and Trinh Hiep
Bought by
Le Ut

Purchase Details

Closed on
Jan 28, 2008
Sold by
Le Ut
Bought by
Le Ut and Le Ngoc

Purchase Details

Closed on
Sep 10, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Le Ut

Purchase Details

Closed on
Jun 21, 2007
Sold by
Gallegos Mariano and Rincon Deborah D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 3, 2005
Sold by
Gallegos Robbin L
Bought by
Gallegos Mariano A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Komm Tetyana $181,500 None Available
Le Ut -- None Available
Le Ut $122,950 None Available
Le Ut -- None Available
Federal Home Loan Mortgage Corporation $126,519 None Available
Gallegos Mariano A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Komm Tetyana $136,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $181,500 -4.5% $105 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $190,000 -- $110 / 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
2025 $4,634 $258,900 $52,600 $206,300
2024 $4,634 $235,600 $47,200 $188,400
2023 $4,536 $235,600 $47,200 $188,400
2022 $4,502 $192,500 $40,600 $151,900
2021 $4,554 $192,500 $40,600 $151,900
2020 $4,732 $182,500 $38,300 $144,200
2019 $4,416 $182,500 $38,300 $144,200
2018 $4,370 $164,300 $32,900 $131,400
2017 $4,148 $164,300 $32,900 $131,400
2016 $4,042 $153,400 $30,100 $123,300
2015 $4,042 $153,400 $30,100 $123,300
2014 $3,916 $147,400 $28,800 $118,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 557002

Des Moines Area Association of REALTORS®

APN: 080-04151000000