NOT LISTED FOR SALE

6202 Franklin Ave Unit 6202/6204 Des Moines, IA 50322

Merle Hay Neighborhood

Estimated Value: $251,000 - $290,999

-- Bed
1 Bath
-- Sq Ft
9,810 Sq Ft Lot

Last Sold August 15, 2023

Last sale price $246,500

Est. 9% increase in value since last sale

Current estimated payment $1,937/month

60 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Laundry Room

About This Home

As of August 2023

Each side of this duplex is currently being rented. Each side features 2 bedrooms, 1 bathroom with an unfinished basement.

Last Listed By

Madalin Akers

United Real Estate Profess Listed on: 05/15/2023

United Real Estate Profess

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,725

Year Built

  • Built in 1960

Lot Details

  • 9,810

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • 2 Kitchens
  • 1 Full Bathroom
  • Laundry Room
  • 9,810 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 10011455012000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,725

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Unit: 6202/6204
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 1
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Storage: No

Exterior Features

  • Exterior: Brick
  • Foundation: Poured
  • Paved: No

Garage/Parking

  • Garage: 1 Detached

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 2

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2250
  • Lot S F: 9810
  • Assessor Parcel Number: 10011455012000
  • Zoning: N3B-2

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Water Tenant

Tax Info

  • Gross Taxes: 5724.56
  • Net Taxes: 5724.56
  • Tax Year: 2023

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 15, 2023
Closed on
Aug 11, 2023
Sold by
Feng Ping and Feng Dong
Bought by
Stewart Alan and Stewart Emberose
Seller's Agent
Madalin Akers
United Real Estate Profess
Buyer's Agent
Kelsey Weltzin
Keller Williams Ankeny Metro
List Price
$270,000
Sold Price
$246,500
Premium/Discount to List
-$23,500
-8.7%
Total Days on Market
60
Views
216
Current Estimated Value
$268,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,000
Avg. Annual Appreciation
7.45%
Original Mortgage
$76,500
Outstanding Balance
$75,342
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$204,769

Purchase Details

Closed on
May 17, 2012
Sold by
Mount Everest Properties Llc
Bought by
Feng Ping and Bi Dong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
3.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2007
Sold by
Mathema Ajay and Mathema Audrey
Bought by
Mount Everest Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 8, 2006
Sold by
Erickson Family Lc
Bought by
Mathema Ajay R and Mathema Audrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 15, 1999
Sold by
Beal Janice M
Bought by
Erickson Family Lc

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
Stewart Alan $246,500 None Listed On Document
Feng Ping $142,500 None Available
Mount Everest Properties Llc -- None Available
Mathema Ajay R $134,500 Itc
Erickson Family Lc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Alan $76,500
Previous Owner Feng Ping $107,250
Previous Owner Mathema Ajay $128,500
Previous Owner Mathema Ajay R $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $246,500 -8.7% --
07/14/2023 07/14/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $270,000 -- --
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 $5,210 $264,800 $44,700 $220,100
2023 $5,334 $264,800 $44,700 $220,100
2022 $5,292 $226,300 $40,400 $185,900
2021 $5,123 $226,300 $40,400 $185,900
2020 $5,445 $202,200 $35,900 $166,300
2019 $5,302 $202,200 $35,900 $166,300
2018 $4,760 $178,900 $31,400 $147,500
2017 $4,458 $178,900 $31,400 $147,500
2016 $4,164 $158,000 $27,400 $130,600
2015 $4,164 $158,000 $27,400 $130,600
2014 $3,812 $143,500 $24,300 $119,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Madalin Akers

    United Real Estate Profess

    (515) 423-4637

    2 in this area

    7 Total Sales

    Madalin Akers
    Section Image
  • Kelsey Weltzin

    Buyer's Agent in 2023

    Kelsey Weltzin

    Keller Williams Ankeny Metro

    (320) 267-3328

    3 in this area

    84 Total Sales

    Kelsey Weltzin
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 673186

Des Moines Area Association of REALTORS®

APN: 100-11455012000

Iowa Polk County Des Moines 50322 Merle Hay

6202 Franklin Ave Unit 6202/6204, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 6202 Franklin Ave Unit 6202/6204, Des Moines, IA 50322 since 15 May 2023 and is currently estimated at $268,500. This property was built in 1960. 6202 Franklin Ave Unit 6202/6204 is a home located in Polk County with nearby schools including Windsor Elementary School, Merrill Middle School, and Roosevelt High School.

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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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