NOT LISTED FOR SALE

5717 University Ave Des Moines, IA 50311

Merle Hay Neighborhood

Estimated Value: $183,000 - $204,000

2 Beds
4 Baths
1,254 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $85,000 $68 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,319/month

111 Days on Market

Highlights

  • 2 Kitchens
  • Storage
  • Forced Air Heating System
  • Ranch Style House

About This Home

As of August 2012

Great location, well maintained ranch duplex. 1 bed/1 bath units. Newer kitchen on one side, some hardwood floors, 2-car tandem attached garage, current rental certificate. Landlord pays water, lawn, snow. One lease with good renter in place. Priced well, good investment opportunity. New sump pits & motors. Humidifiers stay.

Last Agent to Sell the Property

Martha Kimberley

Iowa Realty Ankeny Listed on: 05/02/2012

Iowa Realty Ankeny

Co-Listed By

NATALIE KIMBERLEY

Iowa Realty Ankeny

Last Buyer's Agent

Martha Kimberley

Iowa Realty Ankeny Listed on: 05/02/2012

Iowa Realty Ankeny

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Storage
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $1,085

Listing and Financial Details

  • Assessor Parcel Number 10011903000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 14.00
  • Sp Amt Sq Ft: 13.00
  • Termite: Call Listing Agent
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Storage: Yes

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Paved: Yes
  • Sidewalk: 1

Utilities

  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air
  • Separate Meters: 1

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1500
  • Lot S F: 6600
  • Lot Size: 50x132
  • Assessor Parcel Number: 10011903000000
  • Zoning: R1-60

Rental Info

  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Water Landlord

Tax Info

  • Gross Taxes: 2500.00
  • Net Taxes: 2500.00
  • Assessor Parcel Number: 5717UNIVERSIAVEPOLKDESMOINE50311
  • Tax Year: 2011

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 2, 2012
Closed on
Aug 16, 2012
Sold by
Boyt Margaret A and Gerken Elizabeth S
Bought by
Gdm Properties Llc
Seller's Agent
Martha Kimberley
Iowa Realty Ankeny
Buyer's Agent
Martha Kimberley
Iowa Realty Ankeny
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%
Current Estimated Value
$197,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,224
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Nov 21, 2002
Sold by
Gerken Vitus F and Gerken Margaret E
Bought by
Gerken Vitus F and Gerken Margaret E
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
Gdm Properties Llc $84,500 Itc
Gerken Vitus F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2012 08/24/12 Sold $85,000 -26.1% $68 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $115,000 -- $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 $3,322 $168,900 $32,200 $136,700
2023 $3,436 $168,900 $32,200 $136,700
2022 $3,410 $145,800 $29,100 $116,700
2021 $3,220 $145,800 $29,100 $116,700
2020 $3,344 $129,000 $25,900 $103,100
2019 $3,104 $129,000 $25,900 $103,100
2018 $3,072 $115,500 $22,600 $92,900
2017 $2,732 $115,500 $22,600 $92,900
2016 $2,662 $101,000 $19,700 $81,300
2015 $2,662 $101,000 $19,700 $81,300
2014 $2,546 $95,800 $18,300 $77,500
Source: Public Records

Agents Affiliated with this Home

  • Martha Kimberley

    Seller's Agent in 2012

    Martha Kimberley

    Iowa Realty Ankeny

    (515) 238-7457

    30 Total Sales

    Martha Kimberley
    Section Image

  • N

    Seller Co-Listing Agent in 2012

    NATALIE KIMBERLEY

    Iowa Realty Ankeny

    (515) 321-9398

    19 Total Sales

    NATALIE KIMBERLEY
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 400529

Des Moines Area Association of REALTORS®

APN: 100-11903000000

Iowa Polk County Des Moines 50311 Merle Hay

5717 University Ave, Des Moines, IA

This home is located at 5717 University Ave, Des Moines, IA 50311 since 02 May 2012 and is currently estimated at $197,224, approximately $157 per square foot. This property was built in 1948. 5717 University Ave is a home located in Polk County with nearby schools including Windsor Elementary School, Merrill Middle School, and Roosevelt 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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