Seller's Agent in 2023
Andy Erselius
AE Realty, Inc
(641) 226-2639
179 Total Sales
Estimated Value: $185,000 - $202,000
4
Beds
3
Baths
2,490
Sq Ft
$78/Sq Ft
Est. Value
Highlights
- 3 Kitchens
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of July 2023Looking for an investment property that cash flows almost immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,275 (Main level - 1 BR $750, 1 BR $675, Upper level - 2 BR $850). Two of the three units pay for their own utilities. The owner pays for mowing and utilities for one unit. Two units recently updated within last 12 months. Each unit has a full bath, kitchen with owner-owned appliances, its own electric meter, HVAC system and laundry hookups. The building is well maintained with vinyl siding, metal roof, most of the windows have been replaced, circuit breaker panels, and HVAC systems. Profit/Loss provided upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,738
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
Home Design
- Block Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,490 Sq Ft Home
- 2-Story Property
Kitchen
- 3 Kitchens
- Stove
Parking
- 1 Car Attached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 4501442300
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $27,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2023
Closed on
Jul 31, 2023
Sold by
Fahlenkamp Michael D and Fahlenkamp Vicki J
Bought by
Wenke Zachary L S and Wenke Ashley N
Seller's Agent
Andy Erselius
AE Realty, Inc
Buyer's Agent
Andy Erselius
AE Realty, Inc
List Price
$176,900
Sold Price
$165,000
Premium/Discount to List
-$11,900
-6.73%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,667
Avg. Annual Appreciation
6.04%
Original Mortgage
$165,970
Outstanding Balance
$161,937
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$32,730
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wenke Zachary L S | $165,000 | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wenke Zachary L S | $165,970 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $165,000 | -6.7% | $66 / Sq Ft |
| 06/16/2023 06/16/23 | Pending | -- | -- | -- |
| 05/12/2023 05/12/23 | For Sale | $176,900 | -- | $71 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
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 | $1,632 | $160,900 | $14,260 | $146,640 |
| 2024 | $1,724 | $111,290 | $12,670 | $98,620 |
| 2023 | $1,510 | $111,290 | $12,670 | $98,620 |
| 2022 | $1,738 | $80,660 | $20,390 | $60,270 |
| 2021 | $1,738 | $80,660 | $20,390 | $60,270 |
| 2020 | $1,680 | $68,660 | $18,530 | $50,130 |
| 2019 | $1,584 | $68,660 | $18,530 | $50,130 |
| 2018 | $1,682 | $61,790 | $17,110 | $44,680 |
| 2017 | $1,656 | $61,790 | $17,110 | $44,680 |
| 2016 | $1,830 | $61,790 | $17,110 | $44,680 |
| 2015 | -- | $61,790 | $17,110 | $44,680 |
| 2014 | -- | $60,830 | $10,260 | $50,570 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Erselius
Source: Des Moines Area Association of REALTORS®
MLS Number: 673136
APN: 450-1442300
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