NOT LISTED FOR SALE

Estimated Value: $287,000 - $332,000

-- Bed
4 Baths
1,802 Sq Ft
$171/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $218,000 $121 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,187/month

47 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Storage
  • Johnston Middle School Rated A-
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of January 2018

Investors!! Unique duplex in a prime location on a cul-de-sac with no through traffic & huge partially fenced yard backing to trees. Spacious 900 sf units w/ 2 larger bdrms, each with a private single stall garage + addl off-street parking. Newer windows, vinyl siding, and roof. Unfinished basements with washer/dryer hookups. Johnston Schools w/ bus stop within a block.

Last Agent to Sell the Property

Danielle Seifert

RE/MAX Concepts Listed on: 12/15/2017

RE/MAX Concepts

Co-Listed By

Jill Budden

RE/MAX Concepts

Last Buyer's Agent

Mary Eikenberry

Coldwell Banker Mid-America

Coldwell Banker Mid-America

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,074

Year Built

  • Built in 1987

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 70x237

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 4 Bathrooms
  • 1,802 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10012844572000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,074

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 122.09
  • Sp Amt Sq Ft: 120.98
  • Termite: Follow Showing Instructions
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 884
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Half Bathrooms: 2
  • Living Area Sq Ft: 1802
  • Total Sq Ft: 1802

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured
  • Paved: Yes
  • Sidewalk: Y

Garage/Parking

  • Garage: 2 Detached
  • Off Street Parking: 4

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Johnston

Lot Info

  • Acres: 0.3810
  • Lot S F: 16590
  • Lot Size: 70X237
  • Assessor Parcel Number: 10012844572000
  • Zoning: R-2

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Misc Exp Landlord, Water Tenant

Tax Info

  • Gross Taxes: 5074.00
  • Net Taxes: 4845.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Johnston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2017
Closed on
Feb 7, 2018
Sold by
Mcminemee White Alan and Mcminemee White Jennifer
Bought by
Montera Enerprises Llc
Seller's Agent
Danielle Seifert
RE/MAX Concepts
Buyer's Agent
Mary Eikenberry
Coldwell Banker Mid-America
List Price
$220,000
Sold Price
$218,000
Premium/Discount to List
-$2,000
-0.91%
Total Days on Market
47
Current Estimated Value
$309,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,039
Avg. Annual Appreciation
4.87%
Original Mortgage
$163,500
Outstanding Balance
$97,280
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$211,759

Purchase Details

Listed on
Dec 15, 2017
Closed on
Jan 25, 2018
Sold by
Davis Trevor W and Ketelsen Janel
Bought by
White Jennifer Mcminemee and White Alan
Seller's Agent
Danielle Seifert
RE/MAX Concepts
Buyer's Agent
Mary Eikenberry
Coldwell Banker Mid-America
List Price
$220,000
Sold Price
$218,000
Premium/Discount to List
-$2,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Outstanding Balance
$97,280
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$211,759

Purchase Details

Listed on
Feb 15, 2012
Closed on
Aug 6, 2012
Sold by
Williams Ronald K
Bought by
Davis Trevor W
Seller's Agent
Barry Hesse
RE/MAX Concepts
Buyer's Agent
Steve Wiederin
RE/MAX Concepts
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$170,400
Interest Rate
3.56%
Mortgage Type
VA
Source: Public Records

Similar Homes in Des Moines, IA

  • 1513 Des Moines St, Des Moines, IA 50316

    $230,000

    • Studio
    • 3 Baths
    • 2,806 Sq Ft
    • 1513 Des Moines St
    • Des Moines, IA

    Welcome to 1513 Des Moines Street, a prime multi-unit investment property in the heart of Des Moines. This 3-unit multiplex presents an excellent opportunity for investors seeking immediate rental income with built-in occupancy. Two of the three units are already filled, providing steady cash flow from day one. The property offers three distinct rental units, each with its own full bathroom. The

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 2400 SE 8th St, Des Moines, IA 50315

    $259,000

    • Studio
    • 3 Baths
    • 2,140 Sq Ft
    • 2400 SE 8th St
    • Des Moines, IA

    Investor opportunity in the heart of Des Moines! Located at 2400 SE 8th St, this multi-family property offers strong rental potential with three separate units—two 1-bed/1-bath units and one 2-bed/1-bath unit—spread across 2,140 sq ft of living space. The property has a masonry foundation, an unfinished basement for additional storage, and off-street parking potential. With each unit already

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 1208 West St, Des Moines, IA 50315

    $245,000

    • Studio
    • 3 Baths
    • 1,876 Sq Ft
    • 1208 West St
    • Des Moines, IA

    This is a great turnkey rental property. Consists of a 964 sqft 2 bedroom raised ranch home with afinishable 3rd bedroom in the basement and a duplex each side consists of 1 bed 1 bath units. The single-family home does have a full basement with separate furnaces and a very nice two-car garage! Total rentis 2600 and Landlord pays for utilities. Both of the properties have a newer roof

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 2921 Euclid Ave, Des Moines, IA 50310

    $334,000

    • Studio
    • 3 Baths
    • 1,661 Sq Ft
    • 2921 Euclid Ave
    • Des Moines, IA

    Now is your chance to own a solid investment property near the Veterans Hospital! This well-maintained triplex offers excellent rental income with three fully occupied units—two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Current rents are $1,030, $1,150, and $950 per month. Each unit has access to shared laundry facilities in the basement. A new roof was installed in 2021. The rental

    Bradley Johnson Keller Williams Legacy Group

    Section Image
  • 1152 27th St, Des Moines, IA 50311

    $240,000

    • Studio
    • 3 Baths
    • 2,704 Sq Ft
    • 1152 27th St
    • Des Moines, IA

    1150-1152 duplex very close to Drake! Main level unit offers 3 bedrooms, 2 full baths, kitchen and laundry. The upper level unit has 3 bedrooms, 1 full bath and kitchen. House has recently been fixed up. The current owner has not rented it since he purchased. Units have separate gas and electric meters. New concrete driveway and parking pad in the back. Shingles were replaced 2018 per prior

    Benjamin Van Zee RE/MAX Precision

    Section Image
  • 3419 1st St, Des Moines, IA 50313

    $249,900

    • Studio
    • 7 Baths
    • 3,306 Sq Ft
    • 3419 1st St
    • Des Moines, IA

    Investor’s dream in the heart of Highland Park! This fully occupied 7-unit multi-family property offers strong, consistent income and holds a current rental certificate, making it a perfect turnkey addition to your portfolio. Originally a single-family home, this property has been thoughtfully converted into a 7-plex with a mix of unit sizes, offering steady demand in a highly rentable location.

    Angela Ousley Zealty Home Advisors

    Section Image
  • 518 35th St, Des Moines, IA 50312

    $299,900

    • Studio
    • 4 Baths
    • 2,463 Sq Ft
    • 518 35th St
    • Des Moines, IA

    4-Plex in PRIME location right between Grand and Ingersoll Avenues! Don't miss this opportunity! 4 Units include two 2-BRs, one 1-BR, and 1 studio. Recent cosmetic updates such as neutral paint, flooring, and some kitchen and BA updates provide a fresh look and feel to the units! Each unit features a kitchen with fridge and stove. Coin laundry on site. Parking lot behind building provides plenty

    Beth Ernst Keller Williams Realty GDM

    Section Image
  • 833 E University Ave, Des Moines, IA 50316

    $350,000

    • Studio
    • 6 Baths
    • 833 E University Ave
    • Des Moines, IA

    6 Plex Conversion on a bustling street for sale.Investment property available for sale. This is a great building that has been historically fully occupied. Its a mixed use building with 5 apartment and 1 commercial unit. Potential upside on rent as some are below market rent. Will be great for owner user or an aspiring investor. Please see attachments for Rent Roll and YTD Financials and

    Adam Metzker Realty Concepts

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montera Enerprises Llc -- None Available
White Jennifer Mcminemee $218,000 None Available
Davis Trevor W $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Jennifer Mcminemee $163,500
Previous Owner Davis Trevor W $170,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $218,000 -0.9% $121 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $220,000 +33.3% $122 / Sq Ft
09/14/2012 09/14/12 Sold $165,000 0.0% $92 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $165,000 -- $92 / 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 $5,426 $281,000 $54,900 $226,100
2023 $5,344 $281,000 $54,900 $226,100
2022 $5,892 $238,600 $49,000 $189,600
2021 $5,800 $238,600 $49,000 $189,600
2020 $5,822 $223,800 $45,700 $178,100
2019 $5,126 $223,800 $45,700 $178,100
2018 $4,756 $191,800 $40,000 $151,800
2017 $4,494 $191,800 $40,000 $151,800
2016 $4,380 $178,800 $29,700 $149,100
2015 $4,380 $178,800 $29,700 $149,100
2014 $4,128 $172,800 $28,300 $144,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 552378

Des Moines Area Association of REALTORS®

APN: 100-12844572000