NOT LISTED FOR SALE

Estimated Value: $138,500 - $160,000

-- Bed
2 Baths
1,176 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $117,500 $100 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $978/month

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of May 2021

Excellent opportunity to own an investment property in a quiet location. Each side features 3 bedrooms & a full bath with almost 1,100 sq/ft. of room. Nice sized kitchen with all appliances that stay, laundry in closet in kitchen area. The Master features walk in closet. Backyard is fenced plus a shed. Only moments from everything - easy access to highways, walking distance to parks, restaurants and grocery store.

Rents are $1150 & 1050 = $2200 a month

Last Agent to Sell the Property

Terry Anderson

RE/MAX Revolution Listed on: 03/23/2021

Last Buyer's Agent

Dustin Kupka

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 5,173

Parking

  • Driveway

Home Design

  • 1,176 Sq Ft Home
  • Split Foyer
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Additional Features

  • 2 Full Bathrooms
  • Laundry Room
  • 5,173 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Finished Basement

Community Details

  • No Home Owners Association
  • Gross Income $2,200

Listing and Financial Details

  • Assessor Parcel Number 05003305044001

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Split Foyer
  • Lp Amt Sq Ft: 195.58
  • Sp Amt Sq Ft: 99.91
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Finished
  • Sq Ft Bsmt: 544
  • Sq Ft Fin Bsmt: 500
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1176
  • Total Sq Ft: 1176

Exterior Features

  • Exterior: Frame
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Sidewalk: y
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1190
  • Lot S F: 5173
  • Lot Size: 42
  • Assessor Parcel Number: 05003305044001
  • Zoning: N3A

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 4524.00
  • Net Taxes: 4524.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 19, 2021
Sold by
Mason Avery and Mason Anna
Bought by
Jensen Geoffrey and Jensen Kyndl
Seller's Agent
Terry Anderson
RE/MAX Revolution
Buyer's Agent
Dustin Kupka
RE/MAX Precision
List Price
$230,000
Sold Price
$117,500
Premium/Discount to List
-$112,500
-48.91%
Current Estimated Value
$152,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,625
Avg. Annual Appreciation
5.92%
Original Mortgage
$94,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2016
Closed on
Feb 24, 2017
Sold by
Mason Eric D and Mason Jacolyn A
Bought by
Mason Avery J
Seller's Agent
Char Klisares
RE/MAX Hilltop
Buyer's Agent
Jaemi Poncy
RE/MAX Revolution
List Price
$79,999
Sold Price
$62,750
Premium/Discount to List
-$17,249
-21.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%

Purchase Details

Listed on
Nov 15, 2016
Closed on
Feb 23, 2017
Sold by
Bailey Mitchell Paul and Bailey Natasha Lynne
Bought by
Mason Eric
Seller's Agent
Char Klisares
RE/MAX Hilltop
Buyer's Agent
Jaemi Poncy
RE/MAX Revolution
List Price
$79,999
Sold Price
$62,750
Premium/Discount to List
-$17,249
-21.56%

Purchase Details

Closed on
Dec 17, 2015
Sold by
Haller Properties Llc
Bought by
Red Tide Properties Llc

Purchase Details

Closed on
Jan 10, 2014
Sold by
Mcreynolds Darlene and Mcreynolds Melvin E
Bought by
Bailey Mitchell Paul and Bailey Natasha Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,857
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2010
Sold by
Goldermann Darlene
Bought by
Bailey Mitchell Paul and Bailey Natasha Lynne

Purchase Details

Closed on
Sep 9, 2002
Sold by
Young Robert H and Young Kristine L
Bought by
Goldermann Darlene
Source: Public Records

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
Jensen Geoffrey $117,500 None Available
Mason Avery J -- None Available
Mason Eric -- None Available
Red Tide Properties Llc -- --
Bailey Mitchell Paul $70,000 None Available
Bailey Mitchell Paul $70,000 None Available
Goldermann Darlene $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Geoffrey $94,000
Previous Owner Bailey Mitchell Paul $64,857
Closed Bailey Mitchell Paul $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $117,500 -48.9% $100 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $230,000 +266.5% $196 / Sq Ft
02/24/2017 02/24/17 Sold $62,750 -21.6% $107 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $79,999 -- $136 / 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 $2,066 $105,000 $18,900 $86,100
2023 $2,270 $105,000 $18,900 $86,100
2022 $2,252 $96,300 $17,800 $78,500
2021 $2,124 $96,300 $17,800 $78,500
2020 $2,206 $85,100 $15,600 $69,500
2019 $1,964 $85,100 $15,600 $69,500
2018 $1,944 $73,100 $13,100 $60,000
2017 $1,780 $73,100 $13,100 $60,000
2016 $1,728 $74,300 $13,100 $61,200
2015 $1,728 $74,300 $13,100 $61,200
2014 $1,672 $71,600 $12,600 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 624798

Des Moines Area Association of REALTORS®

APN: 050-03305044001