NOT LISTED FOR SALE

621 Maple St West Des Moines, IA 50265

Estimated Value: $304,052 - $327,000

-- Bed
4 Baths
2,756 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $137,500 $50 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,976/month

279 Days on Market

Highlights

  • 4 Kitchens
  • No HOA
  • Forced Air Heating System
  • Valley High School Rated A
  • Storage
  • 4-minute walk to Wilson Park

About This Home

As of December 2016

Here is your chance to own a great multi unit rental in West Des Moines, No trouble keeping the home rented with the great location. A new furnace was installed in December, 2015. If you are looking to start or expand your investment portfolio, call an agent today to set an appointment.

Last Agent to Sell the Property

Corey De Heer

Home Realty Listed on: 01/26/2016

Last Buyer's Agent

Corey De Heer

Home Realty Listed on: 01/26/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100x145

Home Design

  • Brick Foundation
  • Block Foundation
  • Asphalt Shingled Roof
  • Stucco

Interior Spaces

  • 2,756 Sq Ft Home
  • 2-Story Property
  • Storage

Kitchen

  • 4 Kitchens
  • Stove

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 32004347000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $958
  • Gross Income $2,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 54.43
  • Sp Amt Sq Ft: 49.89
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Kitchens: 4
  • Laundry: No
  • Storage: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 2756
  • Total Sq Ft: 2756

Exterior Features

  • Exterior: Stucco
  • Foundation: Brick, Concrete Block
  • Roof: Asphalt Shingle

Garage/Parking

  • Off Street Parking: 4

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 958

Lot Info

  • Acres: 0.3330
  • Lot S F: 14500
  • Lot Size: 100X145
  • Assessor Parcel Number: 32004347000000
  • Zoning: SF-VJ

Rental Info

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

Tax Info

  • Gross Taxes: 4660.00
  • Net Taxes: 4660.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: West Des Moines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Dec 7, 2016
Sold by
Mala Properties Llc
Bought by
Prefferd Property Enterprises Llc
Seller's Agent
Corey De Heer
Home Realty
Buyer's Agent
Corey De Heer
Home Realty
List Price
$170,000
Sold Price
$137,500
Premium/Discount to List
-$32,500
-19.12%
Current Estimated Value
$315,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,026
Avg. Annual Appreciation
9.78%
Original Mortgage
$133,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2013
Sold by
Nervig Michael J
Bought by
Malan Properties Llc

Purchase Details

Closed on
Sep 18, 2006
Sold by
Nervig James E and Nervig Nancy F
Bought by
Nervig Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,494
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2006
Sold by
Campbell Steve L and Campbell Rhonda L
Bought by
Nervig Michael J and Nervig James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,494
Interest Rate
6.78%
Mortgage Type
FHA
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
Prefferd Property Enterprises Llc $137,500 None Available
Malan Properties Llc -- None Available
Nervig Michael J -- None Available
Nervig Michael J $157,500 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Prefferd Property Enterprises Llc $133,000
Previous Owner Nervig Michael J $155,494
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2016 12/07/16 Sold $137,500 -19.1% $50 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $170,000 -- $62 / 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
2025 $3,900 $266,000 $83,400 $182,600
2024 $3,900 $246,000 $73,200 $172,800
2023 $3,862 $246,000 $73,200 $172,800
2022 $4,494 $200,000 $61,200 $138,800
2021 $3,936 $200,000 $61,200 $138,800
2020 $4,190 $164,000 $55,700 $108,300
2019 $3,672 $164,000 $55,700 $108,300
2018 $3,954 $136,000 $55,700 $80,300
2017 $3,768 $136,000 $55,700 $80,300
2016 $3,944 $123,000 $46,500 $76,500
2015 $3,944 $123,000 $46,500 $76,500
2014 $4,888 $138,000 $46,500 $91,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 510631

Des Moines Area Association of REALTORS®

APN: 320-04347000000