NOT LISTED FOR SALE

Estimated Value: $252,000 - $293,538

-- Bed
4 Baths
2,052 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $218,000 $106 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,911/month

38 Days on Market

Highlights

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

About This Home

As of August 2021

Very nice duplex with 2 bedrooms, 2 baths and room to expand additional bedroom and family room in the unfinished lower level. Rents have been $1882 with one tenant vacating this month. The unit on the west side has just been updated with new flooring and interior paint. Low maintenance duplex with tenants paying utilities on separate meters.

Last Agent to Sell the Property

John Brummett

RE/MAX Precision Listed on: 07/06/2021

RE/MAX Precision

Last Buyer's Agent

Dustin Kupka

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,997

Year Built

  • Built in 1977

Lot Details

  • 8,255 Sq Ft Lot
  • Lot Dimensions are 65x127

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 4 Bathrooms
  • 2,052 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Laundry Room
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01002039001000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $451
  • Gross Income $1,822

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,997

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex, Two Story
  • Lp Amt Sq Ft: 106.24
  • Sp Amt Sq Ft: 106.24
  • Termite: Follow Showing Instructions
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Cable TV, Carpeting, Laminate Floors, Smoke Detector
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1008
  • Kitchens: 2
  • Laundry: Yes
  • Half Bathrooms: 1
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 2052
  • Total Sq Ft: 2052

Exterior Features

  • Exterior: Frame, Metal Siding
  • 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
  • Manager: No

Fee Information

  • Total Expense: 451

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1900
  • Lot S F: 8255
  • Lot Size: 65X127
  • Assessor Parcel Number: 01002039001000
  • Zoning: RES

Rental Info

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

Tax Info

  • Gross Taxes: 4997.00
  • Net Taxes: 4997.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 17, 2021
Sold by
Pheasant Ridge Capital Llc
Bought by
Kremer Michael and Kremer Anne E
Seller's Agent
John Brummett
RE/MAX Precision
Buyer's Agent
Dustin Kupka
RE/MAX Precision
List Price
$218,000
Sold Price
$218,000
Current Estimated Value
$278,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,885
Avg. Annual Appreciation
6.98%
Original Mortgage
$196,200
Outstanding Balance
$181,215
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$104,086

Purchase Details

Closed on
Sep 19, 2017
Sold by
Brummett John R and Brummett Julie K
Bought by
Pheasant Ridge Capital Llc

Purchase Details

Closed on
Aug 30, 2016
Sold by
Peterson Normal James and Peterson Mary D
Bought by
Brummet John R and Brummett Julie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.43%
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
Kremer Michael $218,000 None Available
Pheasant Ridge Capital Llc -- --
Brummet John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kremer Michael $196,200
Previous Owner Brummet John R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $218,000 0.0% $106 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $218,000 -- $106 / 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 $4,694 $238,600 $31,700 $206,900
2023 $4,436 $238,600 $31,700 $206,900
2022 $4,402 $188,200 $26,100 $162,100
2021 $4,154 $188,200 $26,100 $162,100
2020 $4,316 $166,500 $23,200 $143,300
2019 $3,982 $166,500 $23,200 $143,300
2018 $3,942 $148,200 $20,200 $128,000
2017 $3,686 $148,200 $20,200 $128,000
2016 $3,592 $136,300 $18,300 $118,000
2015 $3,592 $136,300 $18,300 $118,000
2014 $3,418 $133,500 $17,500 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 632932

Des Moines Area Association of REALTORS®

APN: 010-02039001000