NOT LISTED FOR SALE

Estimated Value: $275,000 - $283,377

4 Beds
2 Baths
-- Sq Ft
4,191 Sq Ft Lot

Last Sold September 16, 2015

Last sale price $126,000

Est. 122% increase in value since last sale

Current estimated payment $1,840/month

211 Days on Market

Highlights

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

About This Home

As of September 2015

Located in the coveted neighborhood of Sherman Hill, this duplex is easy to rent! Lots of historic charm and space in each unit. Owner was charging $700 each side but believes the rent could easily be raised. There is a driveway included that could accommodate up to 2 cars for one of the units. This is a perfect buy for an investor or an owner occupant who wants to own one side and make money on the other!

Last Agent to Sell the Property

Rochelle Burnett

Keller Williams Realty GDM Listed on: 02/16/2015

Keller Williams Realty GDM

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1884

Lot Details

  • 4,191 Sq Ft Lot
  • Lot Dimensions are 50x83

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • 2 Kitchens
  • Laundry Room
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03000317002000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,870

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 31.00
  • Year Built: 1884
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Sidewalk: 1

Garage/Parking

  • Off Street Parking: 2

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 1

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.0960
  • Lot S F: 4191
  • Lot Size: 50x83
  • Assessor Parcel Number: 03000317002000
  • Zoning: R-HD

Rental Info

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

Tax Info

  • Gross Taxes: 2870.00
  • Net Taxes: 2870.00
  • Assessor Parcel Number: 757 & 75917THSTPOLKDESMOINE50314
  • Tax Year: 2014

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Billeau Steven
Bought by
Swift Properties Llc
Current Estimated Value
$279,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Outstanding Balance
$179,057
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$107,636

Purchase Details

Listed on
Feb 16, 2015
Closed on
Sep 14, 2015
Sold by
Saltsgaver Douglas J and Saltsgaver Valerie
Bought by
Billeau Steven
Seller's Agent
Rochelle Burnett
Keller Williams Realty GDM
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$130,000
Sold Price
$126,000
Premium/Discount to List
-$4,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$90,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 1998
Sold by
Sanders Roger R
Bought by
Saltsgaver Douglas J and Saltsgaver Valerie
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
Swift Properties Llc $242,000 None Listed On Document
Swift Properties Llc $242,000 None Listed On Document
Billeau Steven $126,000 Attorney
Saltsgaver Douglas J $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swift Properties Llc $181,500
Closed Swift Properties Llc $181,500
Previous Owner Billeau Steven $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2015 09/16/15 Sold $126,000 -3.1% --
09/15/2015 09/15/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $130,000 -- --
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 $3,960 $194,400 $41,700 $152,700
2023 $3,698 $194,400 $41,700 $152,700
2022 $3,668 $151,600 $33,800 $117,800
2021 $3,522 $151,600 $33,800 $117,800
2020 $3,652 $136,500 $30,700 $105,800
2019 $3,442 $136,500 $30,700 $105,800
2018 $3,404 $124,100 $27,600 $96,500
2017 $3,208 $124,100 $27,600 $96,500
2016 $3,126 $115,000 $25,400 $89,600
2015 $3,126 $115,000 $25,400 $89,600
2014 $2,976 $108,600 $24,000 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 448872

Des Moines Area Association of REALTORS®

APN: 030-00317002000