Seller's Agent in 2023
Maria Torres
Iowa Realty Mills Crossing
(515) 710-7749
20 in this area
205 Total Sales
501 6th St West Des Moines, IA 50265
Estimated Value: $234,000 - $309,393
--
Bed
2
Baths
2,133
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- 2 Kitchens
- No HOA
- Forced Air Heating and Cooling System
- Valley High School Rated A
- Laundry Room
- 1-minute walk to Nellie Phenix Commons
About This Home
As of April 2023You won't want to miss this investment opportunity. WDM duplexes don't come along very often. This 1.5 story located in the historic Valley Junction. Main level hosts 2 bedrooms and laundry and upstairs 1 bedroom unit has a comfortable layout which feels much roomier than listed square footage. Decks off both unit provide space for seating area outside. Both units are currently vacant. Basement provides opportunity to have an efficiency unit or just added space for one of the two units or owner storage. Perfect for an owner occupied or a great AirBnb opportunity. Walkable to all Valley Junction has to offer and a quick access to the interstate and airport. Rental certificate is attached to the listing. Perfect duplex for someone thinking about starting to invest and an excellent addition to an established portfolio. Upper unit was recently rented for $1000/month.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,397
Year Built
- Built in 1910
Lot Details
- 7,903 Sq Ft Lot
- Lot Dimensions are 55x145
Parking
- 2 Car Detached Garage
Home Design
- Frame Construction
Interior Spaces
- 2,133 Sq Ft Home
- 1.5-Story Property
- Laundry Room
Kitchen
- 2 Kitchens
- Stove
Basement
- Partial Basement
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 32000732000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2023
Closed on
Apr 2, 2023
Sold by
Jacoby Nicholas W
Bought by
Mod Home Collection Llc
Seller's Agent
Maria Torres
Iowa Realty Mills Crossing
Buyer's Agent
Al Tramontina
RE/MAX Precision
List Price
$245,000
Sold Price
$255,000
Premium/Discount to List
$10,000
4.08%
Views
71
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
$16,697
Avg. Annual Appreciation
2.60%
Purchase Details
Listed on
Feb 1, 2023
Closed on
Mar 31, 2023
Sold by
Jacoby Alice K
Bought by
Mod Home Collection Llc
Seller's Agent
Maria Torres
Iowa Realty Mills Crossing
Buyer's Agent
Al Tramontina
RE/MAX Precision
List Price
$245,000
Sold Price
$255,000
Premium/Discount to List
$10,000
4.08%
Views
71
Purchase Details
Closed on
Dec 20, 2007
Sold by
Sound Real Estate Llc
Bought by
Jacoby Joe
Purchase Details
Closed on
Jan 31, 2007
Sold by
Us Bank Na
Bought by
Sound Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 13, 2006
Sold by
Brown Thomas G and Brown Beverly J
Bought by
Us Bank Na
Purchase Details
Closed on
Aug 29, 2003
Sold by
Reed Richard L
Bought by
Brown Thomas G and Brown Beverly J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
8%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mod Home Collection Llc | $255,000 | -- | |
| Jacoby Nicholas W | $115,000 | -- | |
| Mod Home Collection Llc | -- | -- | |
| Mod Home Collection Llc | -- | None Listed On Document | |
| Jacoby Joe | $161,500 | Itc | |
| Sound Real Estate Llc | $113,500 | None Available | |
| Us Bank Na | $186,196 | None Available | |
| Brown Thomas G | $159,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sound Real Estate Llc | $132,000 | |
| Previous Owner | Brown Thomas G | $143,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2023 04/03/23 | Sold | $255,000 | +4.1% | $120 / Sq Ft |
| 03/02/2023 03/02/23 | Pending | -- | -- | -- |
| 02/24/2023 02/24/23 | For Sale | $245,000 | 0.0% | $115 / Sq Ft |
| 02/06/2023 02/06/23 | Pending | -- | -- | -- |
| 02/01/2023 02/01/23 | For Sale | $245,000 | -- | $115 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,662 | $231,100 | $43,100 | $188,000 |
| 2023 | $3,380 | $231,100 | $43,100 | $188,000 |
| 2022 | $3,340 | $175,000 | $34,600 | $140,400 |
| 2021 | $3,188 | $175,000 | $34,600 | $140,400 |
| 2020 | $3,140 | $159,000 | $31,200 | $127,800 |
| 2019 | $2,952 | $159,000 | $31,200 | $127,800 |
| 2018 | $2,958 | $144,100 | $27,700 | $116,400 |
| 2017 | $2,890 | $144,100 | $27,700 | $116,400 |
| 2016 | $2,826 | $136,700 | $25,800 | $110,900 |
| 2015 | $2,826 | $136,700 | $25,800 | $110,900 |
| 2014 | $2,794 | $133,600 | $24,600 | $109,000 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Torres
-
Al Tramontina
Buyer's Agent in 2023
Al Tramontina
RE/MAX
(515) 494-2160
31 in this area
187 Total Sales
-
Marc Lee
Buyer Co-Listing Agent in 2023
Marc Lee
RE/MAX
(515) 988-2568
73 in this area
353 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 666992
APN: 320-00732000000
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