NOT LISTED FOR SALE

4225 SE 7th St Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $220,000 - $272,000

4 Beds
2 Baths
1,656 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 23, 2015

Last sale price $102,500 $62 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,687/month

41 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of June 2015

Nice investment property on the South Side. Ranch duplex 2-2 bedroom unit w/basements. New carpet. Both rented to long time renters.

Last Agent to Sell the Property

Kate Carlson

Realty ONE Group Impact Listed on: 05/12/2015

Realty ONE Group Impact

Last Buyer's Agent

Carmen Hocking

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 75x125

Home Design

  • Ranch Style House
  • Frame Construction

Additional Features

  • 2 Kitchens
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Community Details

  • 2 Units
  • Gross Income $1,275

Listing and Financial Details

  • Assessor Parcel Number 120102820242000

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 13.00
  • Sp Amt Sq Ft: 11.00
  • Termite: Follow Showing Instructions
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 2

Exterior Features

  • Exterior: Frame
  • Foundation: Poured

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2150
  • Lot S F: 9375
  • Lot Size: 75x125
  • Assessor Parcel Number: 120102820242000
  • Zoning: R1-60

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Water Tenant

Tax Info

  • Gross Taxes: 3304.00
  • Net Taxes: 3304.00
  • Assessor Parcel Number: 4225-4227SE7THSTPOLKDESMOINE50315

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Jun 20, 2015
Sold by
Murty Erin and Murty Steven D
Bought by
Andes Group Inc
Seller's Agent
Kate Carlson
Realty ONE Group Impact
Buyer's Agent
Carmen Hocking
RE/MAX Concepts
List Price
$117,500
Sold Price
$102,500
Premium/Discount to List
-$15,000
-12.77%
Current Estimated Value
$244,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,066
Avg. Annual Appreciation
8.69%
Original Mortgage
$79,500
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Andes Group Inc $102,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Andes Group Inc $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2015 06/23/15 Sold $102,500 -12.8% $62 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $117,500 -- $71 / 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 $4,284 $217,800 $21,600 $196,200
2023 $3,872 $217,800 $21,600 $196,200
2022 $3,842 $164,300 $17,300 $147,000
2021 $3,746 $164,300 $17,300 $147,000
2020 $3,892 $150,100 $15,800 $134,300
2019 $3,650 $150,100 $15,800 $134,300
2018 $3,612 $135,800 $13,100 $122,700
2017 $3,476 $135,800 $13,100 $122,700
2016 $3,386 $128,500 $12,200 $116,300
2015 $3,386 $128,500 $12,200 $116,300
2014 $4,151 $132,700 $12,400 $120,300
Source: Public Records

Agents Affiliated with this Home

  • Kate Carlson

    Seller's Agent in 2015

    Kate Carlson

    Realty ONE Group Impact

    (515) 313-5054

    6 in this area

    124 Total Sales

    Kate Carlson
    Section Image

  • C

    Buyer's Agent in 2015

    Carmen Hocking

    RE/MAX

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 454353

Des Moines Area Association of REALTORS®

APN: 120-02820242000

Iowa Polk County Des Moines 50315 South Central DSM

4225 SE 7th St, Des Moines, IA

This home is located at 4225 SE 7th St, Des Moines, IA 50315 since 12 May 2015 and is currently estimated at $244,566, approximately $147 per square foot. This property was built in 1977. 4225 SE 7th St is a home located in Polk County with nearby schools including Lovejoy Elementary School, Weeks Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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