NOT LISTED FOR SALE

Estimated Value: $219,389 - $256,000

4 Beds
2 Baths
1,584 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 29, 2013

Last sale price $93,000 $59 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,666/month

45 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of April 2013

Excellent investment opportunity with strong cash flow potential in this south side duplex. Both units are 2 bedrooms, 1 bath with good sized living rooms and kitchens and open basements with much more living space potential. 416 is also a walk-out basement. Good sized backyard and easy access to the bus line, retail, and downtown. Some cosmetics needed but priced $35k below assessed value. Sold As Is.

Last Listed By

Ted Weaver

RE/MAX Concepts Listed on: 03/12/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 9,880 Sq Ft Lot
  • Lot Dimensions are 65 x 152

Parking

  • Driveway

Home Design

  • 1,584 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 01002695019000

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bi-Attached
  • Lp Amt Sq Ft: 60.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 59.00
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable TV, Carpeting, Hardwood Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1584
  • Dining Room: Eat In Kitchen
  • Included Items: Stove
  • Living Area Sq Ft: 1584
  • Total Sq Ft: 1584

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete

Utilities

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

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2270
  • Qualifier Acres: More or Less
  • Lot S F: 9880
  • Lot Shape: Regular
  • Lot Size: 65 x 152
  • Assessor Parcel Number: 01002695019000
  • Zoning: R1-60

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3070.00
  • Net Taxes: 3070.00
  • Assessor Parcel Number: 414BELLAVEPOLKDESMOINE50315
  • Tax Year: 2013

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2014
Sold by
Meylor Holdings Llc
Bought by
Blaede Mark A and Blaede Tamara C
Total Days on Market
45
Current Estimated Value
$236,347

Purchase Details

Closed on
Feb 13, 2014
Sold by
Meylor Sarah
Bought by
Meylor Holdings Llc

Purchase Details

Listed on
Mar 12, 2013
Closed on
Apr 17, 2013
Sold by
Lpp Mortgage Ltd
Bought by
Meylor Sarah
Seller's Agent
Ted Weaver
RE/MAX Concepts
Buyer's Agent
George Archer
RE/MAX Concepts
List Price
$94,900
Sold Price
$93,000
Premium/Discount to List
-$1,900
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$68,550
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2005
Sold by
Bickford Joshua D and Bickford Hannah J
Bought by
Fast Raymond L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 12, 2001
Sold by
Koroch Steven E and Koroch Patricia F
Bought by
Bickford Joshua D and Hixson Hannah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,020
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 1997
Sold by
Schnack James E and Schnack Theresa A
Bought by
Koroch Steven E and Koroch Patricia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.45%

Range of Values:

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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
Blaede Mark A $105,000 None Available
Meylor Holdings Llc -- None Available
Meylor Sarah $92,000 None Available
Fast Raymond L $149,500 --
Bickford Joshua D $97,500 --
Koroch Steven E $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meylor Sarah $68,550
Previous Owner Fast Raymond L $135,000
Previous Owner Bickford Joshua D $97,020
Previous Owner Koroch Steven E $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2013 04/29/13 Sold $93,000 -2.0% $59 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $94,900 -- $60 / 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 $4,116 $209,200 $33,000 $176,200
2023 $3,856 $209,200 $33,000 $176,200
2022 $3,826 $163,600 $27,200 $136,400
2021 $3,614 $163,600 $27,200 $136,400
2020 $3,754 $144,800 $24,200 $120,600
2019 $3,150 $144,800 $24,200 $120,600
2018 $3,118 $117,200 $21,000 $96,200
2017 $2,876 $117,200 $21,000 $96,200
2016 $2,802 $106,300 $19,000 $87,300
2015 $2,802 $106,300 $19,000 $87,300
2014 $2,856 $107,500 $18,200 $89,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 413942

Des Moines Area Association of REALTORS®

APN: 010-02695019000