NOT LISTED FOR SALE

Estimated Value: $230,000 - $275,485

-- Bed
2 Baths
2,194 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $242,500 $111 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,731/month

3 Days on Market

About This Home

As of June 2022

Perfect fit for the turnkey investor or the owner-occupied house hacker starting their investing journey. The location is excellent, right in the heart of the city and everything is taken care of such as: Full interior renovation on both units in this up-down duplex. New luxury vinyl plank flooring, new lighting and ceiling fans, new roof, new gutters, new electrical wiring on the exterior, excavated and rebuilt foundation wall. Brand new HVAC & water heater in both units (each unit has its own mechanicals). Complete bathroom remodels in both units and of course stainless steel appliances in both units with an entirely new kitchen in the downstairs unit. Each unit has its own new washer and dryer. Tenants pay all of the utilities AND each tenant has a garage stall with off-street access. One unit is occupied at $1025/month($975+pet fee) and the other unit is vacant. Has current rental certificate with the City of Des Moines.

Last Agent to Sell the Property

Darson Grantham

Keller Williams Realty GDM Listed on: 04/08/2022

Keller Williams Realty GDM

Last Buyer's Agent

Ryan Rohlf

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,624

Year Built

  • Built in 1900

Lot Details

  • 6,350 Sq Ft Lot
  • Lot Dimensions are 50x127

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,194 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 09000899000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,624

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 109.39
  • Sp Amt Sq Ft: 110.53
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 490
  • Living Area Sq Ft: 2194
  • Total Sq Ft: 2194

Exterior Features

  • Foundation: Brick

Garage/Parking

  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1460
  • Lot S F: 6350
  • Lot Size: 50X127
  • Assessor Parcel Number: 09000899000000
  • Zoning: N5

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Water Tenant

Tax Info

  • Gross Taxes: 4624.00
  • Net Taxes: 4624.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 6, 2022
Sold by
Carticky Capital Llc
Bought by
Rodriguez Gilberto and Childs Krysten
Seller's Agent
Darson Grantham
Keller Williams Realty GDM
Buyer's Agent
Ryan Rohlf
Keller Williams Legacy Group
List Price
$240,000
Sold Price
$242,500
Premium/Discount to List
$2,500
1.04%
Current Estimated Value
$252,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,243
Avg. Annual Appreciation
1.31%
Original Mortgage
$218,250
Outstanding Balance
$203,912
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$48,831

Purchase Details

Listed on
Mar 18, 2020
Closed on
May 5, 2021
Sold by
Mmr Investments Ii Llc
Bought by
Dickey Properties Llc
Seller's Agent
Zac Bales-Henry
Black Phoenix Group
Buyer's Agent
Zac Bales-Henry
Black Phoenix Group
List Price
$169,000
Sold Price
$135,000
Premium/Discount to List
-$34,000
-20.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.00%
Original Mortgage
$153,796
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 18, 2020
Closed on
May 4, 2021
Sold by
Mmr Investments Ii Llc
Bought by
Dickey Properties Llc
Seller's Agent
Zac Bales-Henry
Black Phoenix Group
Buyer's Agent
Zac Bales-Henry
Black Phoenix Group
List Price
$169,000
Sold Price
$135,000
Premium/Discount to List
-$34,000
-20.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,796
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2014
Sold by
Tiffany Kevin P and Tiffany Jennifer K
Bought by
Mmr Investments Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2005
Sold by
Wheeler Charles F and Wheeler Crystal R
Bought by
Tiffany Kevin P and Tiffany Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2004
Sold by
Davis Robert D and Davis Doreen A
Bought by
Wheeler Charles F and Wheeler Crystal R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2001
Sold by
Davis Robert D and Davis Doreen A C
Bought by
Wheeler Chuck and Wheeler Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,974
Interest Rate
8.4%
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
Rodriguez Gilberto $242,500 None Listed On Document
Dickey Properties Llc $135,000 None Available
Dickey Properties Llc $135,000 None Listed On Document
Mmr Investments Ii Llc $120,000 None Available
Tiffany Kevin P $133,500 --
Wheeler Charles F $107,500 --
Wheeler Chuck $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Gilberto $218,250
Previous Owner Dickey Properties Llc $153,796
Previous Owner Dickey Properties Llc $153,796
Previous Owner Mmr Investments Ii Llc $50,000
Previous Owner Mmr Investments Ii Llc $96,000
Previous Owner Tiffany Kevin P $107,200
Previous Owner Wheeler Charles F $106,400
Previous Owner Wheeler Chuck $105,974
Closed Rodriguez Gilberto $24,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $242,500 +1.0% $111 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $240,000 +77.8% $109 / Sq Ft
05/07/2021 05/07/21 Sold $135,000 -20.1% $79 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
03/18/2020 03/18/20 For Sale $169,000 -- $99 / 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 $4,174 $222,600 $42,100 $180,500
2023 $4,068 $222,600 $42,100 $180,500
2022 $4,246 $181,500 $37,000 $144,500
2021 $4,048 $181,500 $37,000 $144,500
2020 $4,206 $162,200 $33,300 $128,900
2019 $3,824 $162,200 $33,300 $128,900
2018 $3,786 $142,300 $28,900 $113,400
2017 $3,516 $142,300 $28,900 $113,400
2016 $3,426 $130,000 $26,400 $103,600
2015 $3,426 $130,000 $26,400 $103,600
2014 $3,348 $126,000 $25,500 $100,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 649013

Des Moines Area Association of REALTORS®

APN: 090-00899000000