NOT LISTED FOR SALE

Estimated Value: $284,216 - $350,000

-- Bed
1 Bath
1,557 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $225,000 $145 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,101/month

22 Days on Market

Highlights

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

About This Home

As of August 2018

Duplex for sale-- Great turn-key investment property in high-demand location! This ranch duplex is perfectly located in central Ankeny just off State St near FBB College, offering easy access to Des Moines and I-35. Exceptional condition inside and out makes this a perfect property for a first time or owner-occupant investor! Many updates to both units including kitchens, baths, flooring, lighting & some appliances. Each side offers 3 bedrooms, full bath, 2 living spaces, plus large storage space and laundry hook-ups. Current rental certificate. Don't miss out on owning an excellent investment property!

Last Agent to Sell the Property

Tammy Claiborne

Iowa Realty Ankeny Listed on: 07/16/2018

Iowa Realty Ankeny

Co-Listed By

Cary Claiborne

Iowa Realty Ankeny

Last Buyer's Agent

Timothy Fazio

Platinum Realty LLC

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,542

Year Built

  • Built in 1976

Lot Details

  • 10,004 Sq Ft Lot
  • Lot Dimensions are 82x122

Home Design

  • Duplex
  • Brick Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • 1 Full Bathroom
  • 1,557 Sq Ft Home
  • Storage
  • Laundry Room
  • Finished Basement
  • Basement Window Egress
  • 2 Kitchens

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 18100392261000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $370
  • Gross Income $950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,542

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 144.51
  • Sp Amt Sq Ft: 144.51
  • Termite: Call Listing Agent
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Egress Windows, Finished
  • Sq Ft Bsmt: 1557
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 1557
  • Total Sq Ft: 1557

Exterior Features

  • Exterior: Brick, Cement Board
  • Foundation: Poured
  • Paved: Yes
  • Sidewalk: Y

Garage/Parking

  • Off Street Parking: 3

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 370

Schools

  • School District: Ankeny

Lot Info

  • Acres: 0.2300
  • Lot S F: 10004
  • Lot Size: 82X122
  • Assessor Parcel Number: 18100392261000
  • Zoning: R-3

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Electric Tenant, Insurance Landlord, Insurance Tenant, Misc Exp Tenant, Water Tenant

Tax Info

  • Gross Taxes: 3542.00
  • Net Taxes: 3542.00

MLS Schools

  • School District: Ankeny

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Heat Properties Llc
Bought by
Fazio Timothy James
Current Estimated Value
$323,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$167,178
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$161,122

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 4, 2018
Sold by
Collins Rodney A and Collins Susana
Bought by
Heat Properties Llc
Seller's Agent
Tammy Claiborne
Iowa Realty Ankeny
Buyer's Agent
Timothy Fazio
Platinum Realty LLC
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Apr 16, 2012
Sold by
Angstead James W and Angstead Barbara J
Bought by
Guy Gary A and Guy Dawn M

Purchase Details

Closed on
Apr 13, 2012
Sold by
The Rock Management Corp
Bought by
Collins Rodney A

Purchase Details

Closed on
Nov 17, 2008
Sold by
Cornerstone Real Estate Group Inc
Bought by
The Rock Management Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
6.48%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 1999
Sold by
Angstead James W and Angstead Barbara J
Bought by
Guy Gary A and Guy Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back
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
Fazio Timothy James -- None Available
Heat Properties Llc $235,625 None Available
Guy Gary A $109,500 None Available
Collins Rodney A $149,500 Itc
The Rock Management Corp $155,000 Itc
The Rock Management Corp $310,000 None Available
Guy Gary A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fazio Timothy James $182,000
Previous Owner The Rock Management Corp $226,000
Previous Owner Guy Gary A $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2018 09/30/18 Pending -- -- --
08/07/2018 08/07/18 Sold $225,000 0.0% $145 / Sq Ft
07/16/2018 07/16/18 For Sale $225,000 -- $145 / 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 $4,080 $239,300 $63,400 $175,900
2023 $4,074 $239,300 $63,400 $175,900
2022 $4,164 $196,500 $54,300 $142,200
2021 $3,894 $196,500 $54,300 $142,200
2020 $3,846 $179,100 $49,900 $129,200
2019 $3,550 $179,100 $49,900 $129,200
2018 $3,542 $157,600 $44,900 $112,700
2017 $3,428 $157,600 $44,900 $112,700
2016 $3,430 $143,800 $40,400 $103,400
2015 $3,430 $143,800 $40,400 $103,400
2014 $3,014 $123,600 $34,100 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 565522

Des Moines Area Association of REALTORS®

APN: 181-00392261000