NOT LISTED FOR SALE

6220 Franklin Ave Des Moines, IA 50322

Merle Hay Neighborhood

Estimated Value: $263,000 - $292,000

4 Beds
1 Bath
1,614 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $254,000 $157 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,899/month

49 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Storage
  • Ranch Style House
  • Laundry Room
  • Tile Flooring

About This Home

As of February 2024

Discover the perfect investment property in this well-maintained ranch style duplex. Situated in a desirable neighborhood, one side is currently rented by long term tenants providing a steady monthly income of $1,090, while the other side is recently leased at $1,290 per month. Whether you're an investor looking for a great return or a homeowner interested in the benefits of rental income, this property is a must-see. Connect with your agent to tour this opportunity!

Last Agent to Sell the Property

Shane Campfield

Century 21 Signature Real Esta Listed on: 10/27/2023

Century 21 Signature Real Esta

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,348

Year Built

  • Built in 1972

Lot Details

  • 10,200

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1 Full Bathroom
  • 1,614 Sq Ft Home
  • Storage
  • Unfinished Basement
  • Natural lighting in basement

Kitchen

  • 2 Kitchens
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • 10,200 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 100/11455-010-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,348

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 163.57
  • Sp Amt Sq Ft: 157.37
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Tile Floors, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Daylight Window, Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1614
  • Total Sq Ft: 1614

Exterior Features

  • Foundation: Concrete Block
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot S F: 10200
  • Lot Shape: Regular
  • Assessor Parcel Number: 100/11455-010-002
  • Zoning: N3b-2

Rental Info

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

Tax Info

  • Gross Taxes: 5347.88
  • Net Taxes: 5347.88
  • Tax Year: 2023

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2025
Sold by
Chen Yuxue and Zheng Shirong
Bought by
Ameizheng Llc
Current Estimated Value
$276,838

Purchase Details

Listed on
Oct 27, 2023
Closed on
Feb 5, 2024
Sold by
K & N Equity Llc
Bought by
Chen Yuxue and Zheng Shirong
Seller's Agent
Shane Campfield
Century 21 Signature Real Esta
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$270,000
Sold Price
$254,000
Premium/Discount to List
-$16,000
-5.93%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$203,200
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2012
Closed on
Jun 27, 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
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ameizheng Llc -- None Listed On Document
Ameizheng Llc -- None Listed On Document
Chen Yuxue $254,000 None Listed On Document
Chen Yuxue $254,000 None Listed On Document
Gdm Properties Llc $144,500 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Yuxue $203,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2024 02/06/24 Sold $254,000 -3.8% $157 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $264,000 -2.2% $164 / Sq Ft
10/27/2023 10/27/23 For Sale $270,000 +86.2% $167 / Sq Ft
06/29/2012 06/29/12 Sold $145,000 -6.5% $90 / Sq Ft View Prior Sale
06/29/2012 06/29/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $155,000 -- $96 / 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 $5,292 $300,500 $51,100 $249,400
2024 $5,292 $269,000 $45,000 $224,000
2023 $5,426 $269,000 $45,000 $224,000
2022 $5,384 $230,200 $40,600 $189,600
2021 $5,154 $230,200 $40,600 $189,600
2020 $5,354 $206,500 $36,200 $170,300
2019 $4,902 $206,500 $36,200 $170,300
2018 $4,852 $182,400 $31,600 $150,800
2017 $4,398 $182,400 $31,600 $150,800
2016 $4,284 $162,600 $27,500 $135,100
2015 $4,284 $162,600 $27,500 $135,100
2014 $3,906 $147,000 $24,400 $122,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Shane Campfield

    Century 21 Signature Real Esta

    (515) 291-3589

    1 in this area

    82 Total Sales

    Shane Campfield
    Section Image

  • O

    Buyer's Agent in 2024

    OUTSIDE AGENT

    OTHER

    33 in this area

    5,680 Total Sales

    OUTSIDE AGENT
    Section Image
  • Martha Kimberley

    Seller's Agent in 2012

    Martha Kimberley

    Iowa Realty Ankeny

    (515) 238-7457

    32 Total Sales

    Martha Kimberley
    Section Image

  • N

    Seller Co-Listing Agent in 2012

    NATALIE KIMBERLEY

    Iowa Realty Ankeny

    (515) 321-9398

    22 Total Sales

    NATALIE KIMBERLEY
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 684918

Des Moines Area Association of REALTORS®

APN: 100-11455010002

Iowa Polk County Des Moines 50322 Merle Hay

6220 Franklin Ave, Des Moines, IA

Not Listed for Sale

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